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

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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.

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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

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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

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

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

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Although most countries have already revealed their opening emissions reduction proposals, UNFCCC Executive Secretary Yvo de Boer pointed out Thursday that “ we still await clarity from industrialized nations on the provision of large-scale finance to developing countries for immediate and long-term climate action. by Jack Rosebro.

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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

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Markey of the Energy and Environment Subcommittee on Tuesday released a draft of far-reaching energy and climate legislation that targets job creation, promotes renewables and energy efficiency, and places limits on emissions of greenhouse gases. Carbon Capture and Sequestration. Clean Fuels and Vehicles. light duty vehicles—e.g.,

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Siemens presents three-point plan for implementing cost-efficient energy transition in Germany

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In addition, despite the rigorous development of renewables, carbon dioxide emissions are increasing, because the energy mix increasingly includes coal-fired power plants that emit large quantities of CO 2 to compensate for weather-related fluctuations in power generation from renewables and the closing of nuclear plants.

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