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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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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.,

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

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This new JRC Reference Report contributes to raising awareness of the environmental impacts, including on health, of world-wide shipping. At present, around 50,000 merchant ships transport 90% of global goods and make maritime transport indispensable for the world economy. —JRC Reference Report.

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Summary of decisions from Durban climate conference

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

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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
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Devil in the Details: World Leaders Scramble To Salvage and Shape Copenhagens UNFCCC Climate Summit

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At issue is the 2012 expiration of the Kyoto Protocol, a binding but effectively unenforceable 1997 treaty that had set greenhouse gas (GHG) emission reduction targets for 40 industrialized countries, referred to as Annex 1 countries, yielding an average GHG reduction of 5.2% by Jack Rosebro.

Climate 236
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Perspective: The UN Approval Process for Carbon Offsets

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Verification of the emission reduction or carbon sequestration is critical in efforts to mitigate climate change. One question is who will be responsible for verifying changes in carbon, which raises questions about the role of a regulatory agency for accrediting claimed changes in carbon levels from an activity.

Carbon 255