Remove Climate Change Remove Economy Remove International Remove Legal
article thumbnail

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.

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. CREDIBILITY OF OFFSETS. 3) Measurement.

article thumbnail

CCEMC launches $35M international challenge to find useful applications for carbon

Green Car Congress

Alberta-based Climate Change and Emissions Management Corporation (CCEMC) ( earlier post ) has issued a $35-million open innovation international challenge to create new, carbon-based products and markets. —CCEMC Chair Eric Newell. million cars off the road.

Carbon 186
article thumbnail

Smith School report recommends individual governments take more national and bi-lateral actions to curb greenhouse gas emissions

Green Car Congress

A significant price on CO 2 emissions to encourage investment in the green economy. International climate negotiations can only go so far. A strong move towards a green economy and global equity is central to the debate. The Green Climate Fund set up in Cancun marked one way in achieving this.

Emissions 210
article thumbnail

IEEE Discusses 6 Simple Solutions to Climate Change at COP27

Cars That Think

Simple, effective solutions that can help lessen the impact of climate change already exist. Rahman, a power expert and professor of electrical and computer engineering at Virginia Tech , is the former chair of the IEEE ad hoc committee on climate change. The whole world is one grid.

article thumbnail

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

Green Car Congress

Developed countries would reach agreement with emerging economies such as Brazil, China, and India as to whether or not emerging economies should set emissions reduction targets. All agreements would be legally binding, and would be subject to independent verification. by Jack Rosebro.

Climate 236