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Perspective: The Role of Offsets in Climate Change Legislation

Green Car Congress

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. Assuming the offset is legitimate—i.e.,

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EPAs GHG Standards for Light-Duty Vehicles; Special Credits To Encourage PHEVs, BEVs and FCVs

Green Car Congress

Source: EPA. As part of its program, EPA is establishing a system of averaging, banking, and trading (ABT) of credits, based on a manufacturer’s fleet average CO 2 performance. Both EPA and NHTSA programs are footprint-based—i.e., g CO 2 /mi (EPA). mpg US (EPA). g CO 2 /mi (EPA). mpg US (EPA).

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Senators Kerry and Lieberman Release Details of Energy and Climate Bill; Incentives for Electric Drive and Natural Gas Vehicles

Green Car Congress

Chairman of the Homeland Security and Governmental Affairs Committee, released the details of their long-anticipated energy and climate change legislation on Wednesday, 12 May. According to the recently finalized Inventory of US Greenhouse Gas Emissions and Sinks: 1990-2008 , net US GHG emissions in 2008 were down 2.7%

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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. trucks, construction machines, ships and planes.

Climate 186
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Federal Task Force Concludes CCS is Viable, But Carbon Price Is Critical; Sends Recommendations to President Obama on Fostering the Technology

Green Car Congress

President Obama’s Interagency Task Force on Carbon Capture and Storage (CCS), co-chaired by the US Environmental Protection Agency (EPA) and the Department of Energy (DOE), delivered a series of recommendations to the president on overcoming the barriers to the widespread, cost-effective deployment of CCS within 10 years.

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Perspective: The UN Approval Process for Carbon Offsets

Green Car Congress

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. Verification of the emission reduction or carbon sequestration is critical in efforts to mitigate climate change.

Carbon 255
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Devil in the Details: World Leaders Scramble To Salvage and Shape Copenhagens UNFCCC Climate Summit

Green Car Congress

At issue is the 2012 expiration of the Kyoto Protocol, a binding but effectively unenforceable 1997 treaty that had set greenhouse gas (GHG) emission reduction targets for 40 industrialized countries, referred to as Annex 1 countries, yielding an average GHG reduction of 5.2% Climate Change And The IPCC Fourth Assessment Report.

Climate 236