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Government of Québec unveils $2.7B climate change action plan; 63% of spending targeting transport

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The Premier of Québec, Jean Charest; the Minister of Sustainable Development, Environment and Parks, Pierre Arcand; and the Minister of Transport Pierre Moreau unveiled the Canadian province’s 2013-2020 Action Plan on Climate Change (PACC 2020). This action plan follows the one launched in 2006 which will expire this year.

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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

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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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Copenhagen Diagnosis Released, Detailing Accelerating Indicators of Climate Change In Last Three Years

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A team of 26 climate scientists from Australia, Austria, Canada, France, Germany, Switzerland, the United Kingdom, and the United States have published the “Copenhagen Diagnosis”, an interim synthesis report on developments in climate change science from mid-2006 to the present day.

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UN Review of Recent Climate Research Concludes That Impacts Of Climate Change Coming Faster Than Anticipated

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Significant climate anomalies 2008/2009. Source: Climate Change Compendium. Ocean acidification caused by the absorption of carbon dioxide in seawater is already increasing along the California coast decades earlier than existing models predict. Click to enlarge. Earlier post.). Earlier post.).

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Perspective: The Role of Offsets in Climate Change Legislation

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If a cap-and-trade program includes offsets, regulated entities have the opportunity to purchase the “emission credits” generated by carbon offset projects to help them meet their compliance obligations. In this way, offsets would complement the more traditional emissions trading that can occur between two covered sources.

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Cummins announces PLANET 2050 strategy; net-zero carbon emissions by 2050

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announced its next environmental sustainability strategy—PLANET 2050—which includes science-based goals that meet or exceed the goals in the United Nations Paris agreement on climate change. By 2050, Cummins is targeting net-zero carbon emissions. Cummins Inc. —Eric Olson, Senior Vice President at BSR.

Emissions 278
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Perspective: The UN Approval Process for Carbon Offsets

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Since 2005, when major greenhouse-gas emitters among the Kyoto signatories were issued caps on their emissions and permitted to buy credits to meet those caps, there has been more than $300 billion worth of carbon transactions. The approval process for carbon offsets has two goals. THE APPROVAL PROCESS.

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