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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. Weaving a new framework in the climate space, carbon credits incentivize sustainable practices by assigning a financial value to reductions in GHG emissions.

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CARB scrap-and-replace incentive program Clean Cars 4 All reaches 10,000th participant milestone

Green Car Congress

As a direct result of the state’s Clean Cars 4 All program, more than 10,000 Californians have now scrapped old, dirty cars and replaced them with cleaner alternatives such as new and used zero-emission, plug-in hybrid, or hybrid cars. million had been spent on incentives within Clean Cars 4 All. As of 30 September 2020, $82.5

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CARB approves $533M funding plan for clean transportation investments

Green Car Congress

The California Air Resources Board approved a $533-million plan to fund clean car rebates, zero-emission transit and school buses, clean trucks, and other innovative, clean transportation and mobility pilot projects. Changes to CVRP include a maximum base MSRP of $60,000 for vehicle eligibility.

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PCAST suggests 6 key components for climate change strategy to President Obama; adaptation and mitigation

Green Car Congress

The President’s Council of Advisors on Science and Technology (PCAST) released a letter to President Obama describing six key components the advisory group believes should be central to the Administration’s strategy for addressing climate change. —PCAST letter to the President. The six key components are: 1.

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Group of 285 global investors with more than $20T in assets under management calls for urgent action on investment-grade climate change and energy policies; guidelines for governments

Green Car Congress

Saying that “ investment-grade climate change and clean energy policy is required to shift private sector investment from high-carbon to low-carbon assets ”, a group of 285 investors has urged governments and international policy makers to take new and meaningful steps in the fight against climate change.

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New analysis suggests Uber adding significantly to pollution and traffic in European cities

Green Car Congress

Uber is adding more polluting car trips to already-clogged European cities such as London and Paris, new analysis by European NGOs suggests —contributing to air pollution and climate change and exploding the company’s sustainability claims. The campaign in Europe calls on Uber to go 100% clean in large cities by 2025.

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Ford, Ford Credit introduce sustainable financing framework prioritizing EV, clean production, community investments

Green Car Congress

Ford was one of the first full-line US automakers to pledge to reduce greenhouse gas emissions from its vehicles, operations and supply chain in alignment with goals of the accord. A significant portion of related financing will go toward accelerating Ford’s leadership in electric vehicles. Vigeo Eiris, an arm of Moody’s Corp.,

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