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Combating climate change via carbon credits | Autocar Professional

Baua Electric

In today’s world, climate change is a reality we have to contend with and among the various measures undertaken to combat it, carbon credits can prove to be an effective solution. Weaving a new framework in the climate space, carbon credits incentivize sustainable practices by assigning a financial value to reductions in GHG emissions.

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Nine states and DC to design regional approach to cap greenhouse gas emissions from transportation

Green Car Congress

All the participating jurisdictions are members of the Transportation and Climate Initiative (TCI), a regional collaboration of Northeast and Mid-Atlantic states and the District of Columbia that seeks to improve transportation, develop the clean energy economy, and reduce carbon emissions from the transportation sector.

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Group of 285 global investors with more than $20T in assets under management calls for urgent action on investment-grade climate change and energy policies; guidelines for governments

Green Car Congress

Saying that “ investment-grade climate change and clean energy policy is required to shift private sector investment from high-carbon to low-carbon assets ”, a group of 285 investors has urged governments and international policy makers to take new and meaningful steps in the fight against climate change.

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Perspective: The Role of Offsets in Climate Change Legislation

Green Car Congress

This article shows that including offsets in climate change legislation would likely make an emissions program more cost-effective by: (a) providing an incentive for non-regulated sources to generate emission reductions; and (b) expanding emission compliance opportunities for regulated entities. Assuming the offset is legitimate—i.e.,

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Airlines Present Climate Change Proposals at UN Forum; 50% Absolute Cut In Emissions by 2050 Compared to 2005

Green Car Congress

The International Air Transport Association (IATA) presented its proposals for December’s climate change talks to the UN Secretary General’s Summit on Climate Change in New York. Air transport is the first industry to commit to carbon-neutral growth at the global level. Willie Walsh.

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ARB: California not tracking to meet required GHG reductions due to transportation; significant changes in communities and systems required

Green Car Congress

While overall, California has hit its 2020 climate target ahead of schedule due to strong performance in the energy sector, meeting future targets will require a greater contribution from the transportation sector. The Sustainable Communities and Climate Protection Act of 2008, Senate Bill (SB) 375, was passed into law in 2008.

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COP26 declaration on accelerating the transition to 100% zero emission cars and vans

Green Car Congress

The declaration is not legally binding and is focused on a global level. We will support efforts to achieve the road transport breakthrough announced by world leaders, which aims to make zero emission vehicles the new normal by making them accessible, affordable and sustainable in all regions by 2030. … —COP 26 Declaration.