Remove Climate Change Remove Design Remove Economy Remove Legal
article thumbnail

Nine states and DC to design regional approach to cap greenhouse gas emissions from transportation

Green Car Congress

All the participating jurisdictions are members of the Transportation and Climate Initiative (TCI), a regional collaboration of Northeast and Mid-Atlantic states and the District of Columbia that seeks to improve transportation, develop the clean energy economy, and reduce carbon emissions from the transportation sector.

article thumbnail

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.

article thumbnail

Perspective: The Role of Offsets in Climate Change Legislation

Green Car Congress

This article shows that including offsets in climate change legislation would likely make an emissions program more cost-effective by: (a) providing an incentive for non-regulated sources to generate emission reductions; and (b) expanding emission compliance opportunities for regulated entities. Assuming the offset is legitimate—i.e.,

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. Parties to this second period will turn their economy-wide targets into quantified emission limitation or reduction objectives and submit them for review by 1 May 2012. 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

The Copenhagen timeline was designed to allow signatory countries two years to hash out details of their respective compliance issues so that a replacement protocol could be ratified and “entered into force”, or made operational internationally, by the time the Kyoto Protocol expires. by Jack Rosebro.

Climate 236
article thumbnail

Perspective: The UN Approval Process for Carbon Offsets

Green Car Congress

The UN has certified twenty-six firms worldwide as Designated Operational Entities (DOEs) to “validate” the promises of emissions reducers and then to “verify,” often years later, that those reductions actually occurred. Verification of the emission reduction or carbon sequestration is critical in efforts to mitigate climate change.

Carbon 255
article thumbnail

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

Green Car Congress

At present, around 50,000 merchant ships transport 90% of global goods and make maritime transport indispensable for the world economy. Technical solutions to reduce fuel consumption, air pollutants and greenhouse gases are readily available and range from better ship design, propulsion and machinery to optimized operation.

Emissions 199