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

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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. Improving coordination and support for research efforts on climate change preparedness.

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EPA finalizes greenhouse gas standards for LDVs MY 2023-2026

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The Environmental Protection Agency (EPA) is finalizing the federal greenhouse gas (GHG) emissions standards for passenger cars and light trucks for Model Years (MY) 2023 through 2026. Advanced technology vehicle multiplier credits for MYs 2023-2024 with a cumulative credit cap of 10 grams CO2 per mile.

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IEA: global CO2 emissions rebounded to their highest level in history in 2021; largely driven by China

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The recovery of energy demand in 2021 was compounded by adverse weather and energy market conditions—notably the spikes in natural gas prices—which led to more coal being burned despite renewable power generation registering its largest growth to date. billion tonnes. billion tonnes.

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Global Carbon Budget 2022: Global fossil CO2 emissions expected to grow 1.0% in 2022

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to 1.9%) in 2022 as the COVID recovery continues amidst turmoil in energy markets. —Glen Peters, a Research Director at the CICERO Center for International Climate Research. Turmoil in energy markets. The turmoil in the global energy markets is affecting the different fossil fuels in different ways. for oil, 1.1%

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EIA: US energy-related CO2 fell by 2.8% in 2019, slightly below 2017 levels

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In 2019, CO 2 emissions from petroleum fuels—nearly half of which are associated with motor gasoline consumption—fell by 0.8%, and CO 2 emissions from the use of natural gas increased by 3.3%. Nearly all of the change in CO 2 emissions in 2019 arose in the electric power sector.

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ICAO agrees to market-based measure to address aviation CO2

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The UN International Civil Aviation Organization (ICAO) has agreed to recommend adoption of a final Resolution text on a new global market-based measure (GMBM) to control CO 2 emissions from international aviation. The buying and selling of eligible emissions units happens through a carbon market. REDD+) or projects (e.g.

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