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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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Study finds limiting warming to 2 °C would require at least a $200/t carbon tax globally

Green Car Congress

Some will suffer greatly from climate change, while others may even benefit. If we were able to measure this social cost accurately, standard Pigouvian logic tells us that the optimal tax should be such that the price of carbon is equal to this social cost. The price of carbon should then be set at this price, everywhere.

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

Green Car Congress

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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Honda secures auto industry’s largest renewable energy purchase; 60% reduction in CO2 from N.A. manufacturing operations

Green Car Congress

Honda’s combined agreements for the output of 320 MW of renewable generation capacity will result in the purchase of 1.012 million MWh of electricity per year, making it the largest renewable energy procurement commitment for an automaker and one of the largest VPPA commitments in the US market.

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RESPONSE TO CLIMATE CHANGE COMMISSION: Drive Electric’s advice on the second draft of the Emissions Reduction Plan (2026-2030)

Drive Electric

Table 1: Chapter 9 Energy and Industry Table 2: Chapter 11 Transport Table 3: Climate Change Commission Recommendations Table 4: Drive Electrics Summary Recommendations Part B: Detailed response Introduction New Zealand is on the cusp of the biggest transformation in transport in over a century.

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EIA: CO2 emissions from US power sector have declined 28% since 2005

Green Car Congress

The substitution of natural gas for other fossil fuels has largely been market-driven, as ample supplies of lower-priced natural gas and the relative ease of adding natural gas-fired capacity have allowed it to pick up share in electric power generation in many markets.

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Audi of America launches Internal Carbon Price program to support goal of lowering CO2 footprint 30% by 2025

Green Car Congress

Audi of America is among the first in the automotive industry to implement an internal carbon price program as a key initiative in the brand’s pursuit of lower CO 2 emissions. Audi will begin its program with an initial focus on emissions associated with business travel, expanding to other elements of its operations from there.

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