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MIT report finds China’s actions on climate change crucial; argues for global economy-wide greenhouse gas tax

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A new report from the MIT Joint Program on the Science and Policy of Global Change shows the importance of all major nations taking part in global efforts to reduce emissions—and in particular, finds China’s role to be crucial. Even in this best-case scenario, reducing emissions comes with a steep price tag. 2012.04.007.

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Australia PM Gillard announces carbon pricing plan; transport fuels exempt, but lowered fuel tax credits to bring carbon price to some businesses

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Australia Prime Minister Julia Gillard unveiled Australia’s carbon pricing plan—a core element in a new clean energy plan—in a short address to the nation. The Government intends to introduce legislation to underpin the carbon pricing mechanism into Parliament in the second half of 2011. Click to enlarge.

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Study concludes abundant shale gas is neither climate hero nor villain; need for targeted GHG reduction policy

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Shale gas in particular has grown rapidly, from less than one percent of US production in 2000 to 34% in 2012, and projections show strong production growth continuing for the foreseeable future. Advances in technologies for extracting oil and gas from shale formations have dramatically increased production in the United States.

Climate 199
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US EIA Reports Record-setting 7% Overall Decline in US Carbon Dioxide Emissions in 2009; Transport Emissions Down 4.1%, Lowest Percentage Reduction of the End-UseSectors

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In 2009, the carbon intensity of the electric power sector decreased by nearly 4.3%, primarily due to fuel switching as the price of coal rose 6.8% from 2008 to 2009 while the comparable price of natural gas fell 48% on a per Btu basis. The average decline in energy intensity from 2000 to 2008 was 2.0%. mpg US in 2009.

2009 239
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EIA: US energy-related CO2 dropped 2.7% in 2015; of end-use sectors, only transportation increased

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Specific circumstances, such as the very warm fourth quarter of 2015 and relatively low natural gas prices, put downward pressure on emissions as natural gas was substituted for coal in electricity generation. Coal’s share of total electricity generation in the power sector fell from 54% in 1990 to 34% in 2015. Electricity.

2015 150
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U Chicago, MIT study suggests ongoing use of fossil fuels absent new carbon taxes

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A paper by a team from the University of Chicago and MIT suggests that technology-driven cost reductions in fossil fuels will lead to the continued use of fossil fuels—oil, gas, and coal—unless governments pass new taxes on carbon emissions. for oil, 24% for coal, and 20% for natural gas. —Christopher Knittel.

Chicago 150
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Global CO2 emissions up 3% in 2011; per capita CO2 emissions in China reach EU levels

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savings stimulated by high oil prices led to a decrease of 3% in CO 2 emissions in the European Union and of 2% in both the United States and Japan. tonnes per capita, despite a decline due to the recession in 2008-2009, high oil prices and an increased share of natural gas. Coal consumption in China increased by 9.7%

2011 236