Remove Carbon Remove Climate Change Remove Coal Remove Legal
article thumbnail

Perspective: The Role of Offsets in Climate Change Legislation

Green Car Congress

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. coal-fired power plants) would either be required by the emissions cap. Emission reductions from regulated sources (e.g.,

article thumbnail

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.

Obama 225
article thumbnail

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. The approval process for carbon offsets has two goals. THE APPROVAL PROCESS.

Carbon 255
article thumbnail

Senators Sanders, Boxer propose legislation to institute GHG price on large stationary sources and remove support for fossil fuel industries

Green Car Congress

The proposal was drafted as two measures, the Climate Protection Act —which sets the carbon price and finance programs for sustainable technologies—and the Sustainable Energy Act —which ends federal support for fossil fuel companies and research and extends tax incentives for renewables. International sources.

article thumbnail

IEEE Discusses 6 Simple Solutions to Climate Change at COP27

Cars That Think

Simple, effective solutions that can help lessen the impact of climate change already exist. The IEEE Life Fellow spoke during a session addressing the role of technology in delivering an equitable, sustainable, and low-carbon resilient world. One type is the ultrasupercritical coal-fired steam power plant.

article thumbnail

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

Among the direct transportation-related provisions in the extensive package are a low-carbon fuel standard for all transportation fuels; financial support for large scale demonstrations of electric vehicles; and financial support for automakers retooling plants to make electric vehicles. Carbon Capture and Sequestration.

Climate 186
article thumbnail

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

Green Car Congress

“ One Agreement, Two Steps ” Expectations for Copenhagen quickly became complicated after Danish Prime Minister Lars Løkke Rasmussen boarded an overnight flight to Singapore to address an impromptu breakfast forum on climate change at the Asia Pacific Economic Co-operation (APEC) summit on 15 November. by Jack Rosebro.

Climate 236