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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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California and China expand partnership on climate change

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and China’s top climate official, National Development and Reform Commission (NDRC) Vice Chairman Xie Zhenhua, signed an agreement on climate change—the first between the NDRC and a subnational entity. The NDRC oversees China’s efforts to address climate change and much of the government’s economic strategy.

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U of Toronto study finds US electrification of LDV fleet not a silver bullet for tackling climate change in vehicle sector

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a,b, Baseline cases (top dark-blue bar) and changes in emissions associated with increasing LDV travel demand, fuel consumption standards and electrification assuming current fuel economy policy (SAFE standards) (a) and stringent fuel economy policies (CAFE standards for conventional vehicles, along with high vehicle size and weight control) (b).

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Government of Québec launches $6.7B 2030 Green Economy Plan; emphasis on transportation electrification

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The Premier of Québec François Legault, and the Minister of the Environment and the Fight against Climate Change and Minister responsible for the Laval region, Benoit Charette, unveiled the 2030 Green Economy Plan (PEV 2030) and its first 2021-2026 implementation plan, with an envelope of $6.7 billion over five years.

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EPA finalizes greenhouse gas standards for LDVs MY 2023-2026

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The Environmental Protection Agency (EPA) is finalizing the federal greenhouse gas (GHG) emissions standards for passenger cars and light trucks for Model Years (MY) 2023 through 2026. EPA is planning to initiate a separate rulemaking to establish multi-pollutant emission standards under the Clean Air Act for MY 2027 and later.

EPA 243
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EPA, NHTSA issue One National Program Rule; EPA withdraws CA waiver for GHG and fuel economy

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This action is based on the premise that federal law preempts state and local tailpipe greenhouse gas (GHG) emissions standards as well as zero emission vehicle (ZEV) mandates. California’s ability to enforce its Low Emission Vehicle program and other clean air standards to address harmful smog-forming vehicle emissions—i.e.,

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PCAST suggests 6 key components for climate change strategy to President Obama; adaptation and mitigation

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The President’s Council of Advisors on Science and Technology (PCAST) released a letter to President Obama describing six key components the advisory group believes should be central to the Administration’s strategy for addressing climate change. —PCAST letter to the President. The six key components are: 1.