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Perspective: The Role of Offsets in Climate Change Legislation

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Another concern is whether the inclusion of offsets would send the appropriate price signal to encourage the development of long-term mitigation technologies. From a global climate change perspective, it does not matter where or from what source the reduction occurs: the effect on the atmospheric concentration of GHGs would be the same.

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US EIA Projects World Energy Use to Grow 44% Between 2006 and 2030, CO2 Emissions Up by 39%

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World marketed energy consumption is projected to grow by 44% between 2006 and 2030, driven by strong long-term economic growth in the developing nations of the world, according to the reference case projection from the International Energy Outlook 2009 ( IEO2009 ) released today by the US Energy Information Administration (EIA).

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California ARB: GHG emissions fell below 1990 levels for first time in 2016; down 13% from 2004 peak; transportation emissions up 2%

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Under Assembly Bill 32 passed in 2006, California must reduce its emissions to 1990 levels (431 million metric tons) by 2020. The state’s latest Greenhouse Gas Emissions Inventory shows that California emitted 429 million metric tons of climate pollutants in 2016—a drop of 12 million metric tons, or three percent, from 2015.

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ARB releases proposed cap-and-trade regulation for comment; transportation fuels impacted in 2015

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The program will expand in 2015 to include fuel distributors to address emissions from combustion of transportation fuels and combustion of natural gas and propane at sources not covered in the first phase of the program. percent, virtually on par with the projected rate of 2.4

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California ARB approves cap-and-trade amendments; linking with Ontario

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The Board action includes adopting amendments that have been in development since late 2015, and were first heard by the Board in September 2016. The amendments include linking with Ontario, which launched its own cap-and-trade program earlier this year.

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California ARB greenlights states GHG cap-and-trade program

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The regulation will cover 360 businesses representing 600 facilities and is divided into two broad phases: an initial phase beginning in 2012 that will include all major industrial sources along with utilities; and, a second phase that starts in 2015 and brings in distributors of transportation fuels, natural gas and other fuels.

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Geely invests in Carbon Recycling Intl.; vehicles fueled by methanol from CO2, water and renewable energy

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CRI, founded in 2006 in Reykjavik, Iceland, is developing technology to produce renewable methanol from clean energy and recycled CO 2 emissions. In late April 2015, Geely Auto deployed a first-of-its-kind fleet of 150 methanol-fueled taxis in the southern Chinese city of Guiyang in cooperation with the municipal government.

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