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Westport Launches First Global Carbon Finance Program for Transportation Registered to the Voluntary Carbon Standard

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Emission reduction calculations are based on an UNFCCC (United Nations Framework for Climate Change Convention) approved methodology. The project documentation is currently being reviewed by SQS, a Swiss entity certified by UNFCCC for the validation of climate change projects in the transport field.

Carbon 199
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Climate Talks End In Copenhagen Accord; Countries Settle On Non- Binding 2 ºC Warming Limit

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As heads of state convened, an abbreviated document was hurriedly produced to minimize sticking points and shopped around among leaders of developed countries. The accord will not become an official United Nations document unless unanimous approval is secured. by Jack Rosebro. Emissions Reduction Targets Shuttled To The Side.

Climate 236
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Deutsche Bank CCA report highlights Chinese global leadership toward a low-carbon economy; 12th Five-Year Plan

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The many new and expanded strong policy initiatives and green targets in China’s 12 th Five year Plan, released on 5 March 2011, provide “ clear evidence ” that China’s low-carbon policies remain global best-in-class, according to a new report from DB Climate Change Advisors (DBCCA). Source: DBCCA.

Carbon 220
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Perspective: The UN Approval Process for Carbon Offsets

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Moreover, developers must show that the project would make no economic sense without CDM funds and that documentation exists to demonstrate that these factors were considered by the company’s board of directors in their decision to pursue CDM financing. Intergovernmental Panel on Climate Change, Climate Change 2007: Mitigation.

Carbon 255
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GSI/UNEP conference report finds fossil-fuel subsidy reform complex and challenges sobering; ~1% of global GDP spent on fossil-fuel subsidies

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In 2008, a report by UNEP called for the elimination of fossil-fuel subsidies, concluding that such subsidies often lead to increased levels of consumption and waste; place a heavy burden on government finances; can undermine private and public investment in the energy sector; and do not always end up helping the people who need them most.

Fuel 240
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Proposed US Transportation Reauthorization Plan Links Greenhouse Gas Reductions to Transportation Planning

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Improving the project delivery process by eliminating duplication in documentation and procedures. Establishing a new program to finance planning, design, and construction of high-speed rail. The existing transportation reauthorization act, which is financed by the Highway Trust Fund, expires on 30 September 2009. Source: DOT.

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Europe moves forward on the Energy Union; transport key element

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The European Commission has adopted the European Energy Union package —a framework strategy for a resilient energy union with a forward-looking climate change policy. —Energy Union Framework Document. Energy Union Framework Document. Climate Change Emissions Europe Policy Regulations'