Remove Carbon Remove Climate Change Remove Legal Remove Reference
article thumbnail

Combating climate change via carbon credits | Autocar Professional

Baua Electric

In today’s world, climate change is a reality we have to contend with and among the various measures undertaken to combat it, carbon credits can prove to be an effective solution. Carbon credits can help in achieving net zero goals and inculcate better business practices as well. Upon success, they receive carbon credits.

article thumbnail

Cutting Non-CO2 Pollutants Can Delay Abrupt Climate Change; The Fast Action Climate Agenda

Green Car Congress

This would mean that the climate system is close to entering if not already within the zone of “dangerous anthropogenic interference” (DAI). “We Cutting HFCs, black carbon, tropospheric ozone, and methane can buy us about 40 years before we approach the dangerous threshold of 2°C warming. —co-author Black Carbon. Madhava Sarma.

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. In this way, offsets would complement the more traditional emissions trading that can occur between two covered sources.

article thumbnail

New Joint Research Centre Reference Report sets out options for reducing emissions from shipping

Green Car Congress

A new report by the European Commission’s Joint Research Centre (JRC) provides a comprehensive overview of methodologies for estimating air emissions from shipping; describes technological solutions; and analyses policy options for reducing carbon emissions and air pollution in this sector. —JRC Reference Report.

Emissions 199
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

Summary of decisions from Durban climate conference

Green Car Congress

Governments at the COP17 meeting decided to adopt some form of a universal legal agreement on climate change as soon. markets all remain in action as effective tools to leverage global climate action and as models to inform. Nations Framework Convention on Climate Change (UNFCCC). existing climate change.

Climate 294
article thumbnail

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% by Jack Rosebro.

Climate 236