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House Chairmen Waxman, Markey Release Draft of Energy and Climate Legislation; Among the Many Provisions Are Cap-and-Trade, Harmonization of CAFE and California Vehicle Regulations, and Low Carbon Fuel Standard

Green Car Congress

The bill also directs the President to work with the relevant Federal agencies and California to harmonize, to the maximum extent possible, the federal fuel economy standards, any emission standards promulgated by EPA, and the California standards for light-duty vehicles. The draft establishes a Renewable Portfolio Standard—i.e.,

Climate 186
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Perspective: The Role of Offsets in Climate Change Legislation

Green Car Congress

reforestation); Limiting deforestation by purchasing forested property and preserving the forests with legal and enforcement mechanisms; Setting aside croplands from agricultural production to rebuild carbon in the soil and vegetation; and. In an “economy-wide” cap-and-trade emissions program, energy sector emissions would likely be capped.

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Perspective: The UN Approval Process for Carbon Offsets

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Harnessing Farms and Forests in the Low-Carbon Economy: How to Create, Measure, and Verify Greenhouse Gas Offsets, by Zack Willey and Bill Chameides, Nicholas Institute for Environmental Policy Solutions, 2007. How Credit Derivatives Brought the US Economy to the Brink of a Second Great Depression , by Brian J. REFERENCES.

Carbon 255
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Perspective: Why Carbon Emissions Should Not Have Been the Focus of the UN Climate Change Summit and Why the 15th Conference of the Parties Should Have Focused on Technology Transfer

Green Car Congress

China and India recently announced plans to reduce the carbon intensity, or the amount of carbon-dioxide emissions per unit of gross domestic product, of their economies over the next decade. The Chinese can promise to do this because they’re modernizing their economy. The situation is the same for India.

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Perspective: Regional Greenhouse Gas Cap-and-Trade Programs May be the Solution

Green Car Congress

The three lawmakers plan to introduce legislation next month that would apply different carbon controls to individual sectors of the economy instead of setting a national target. Graham recently declared, “ Economy-wide cap-and-trade is dead. ” Senators Lindsey Graham (R-S.C.), John Kerry (D-Mass.) and Joseph Lieberman (I-Conn.)

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