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OECD: governments should make better use of energy taxation to address climate change; “meaningful” increases limited to road sector

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In 2015, outside of road transport, 81% of emissions were untaxed, according to the report. Tax rates were below the low-end estimate of climate costs (EUR 30/tCO 2 ) for 97% of emissions. The report assesses the magnitude and coverage of taxes on energy use in 2015, and considers change between 2012 and 2015.

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Perspective: The Role of Offsets in Climate Change Legislation

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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. 3) Measurement.

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IRENA, IEA study concludes meeting 2?C scenario possible with net positive economics

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The Paris Agreement reflected an unprecedented international determination to act on climate. We are in a good position to transform the global energy system but success will depend on urgent action, as delays will raise the costs of decarbonization. Globally, 32 gigatonnes (Gt) of energy-related CO 2 were emitted in 2015.

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Altex & Unitel partner to demonstrate a new technology for making synthetic gasoline from biomass

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In a patent application published 1 December 2015, Altex described the basic approach for its synthetic fuels processes. coal, biomass, or waste—is heated in the absence of molecular oxygen to produce a solid containing char and ash and volatile gases. Carbonaceous materials—e.g.,

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Perspective: Despite Solyndra’s death, the future of solar energy is sunny

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With subsidies long in place for nuclear, coal and gas in the US along with the cheap cost of production for coal and natural gas, solar is essentially competing with that $0.10/kWh kWh average cost of electricity in the United States and globally. Resources. [ 1 ] [link] , [link]. [ Energy Business Journal.

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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.

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EPA proposes rule for nationwide 30% cut in GHG from existing power plants by 2030 relative to 2005

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Heat rate improvements result in any changes in equipment, operating procedures or maintenance practices that increase the efficiency of converting fuel energy into electricity by an EGU. The value allocated here in EPA’s goal-setting formula was an average heat rate improvement of 6% for coal steam electric generating units (EGUs).

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