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Study: 25% EV adoption would save US $17B annually from avoided climate change & pollution damages

Green Car Congress

A new study led by researchers from Northwestern University projects that if electric vehicles replaced 25% of combustion engine cars currently on the road, the United States would save approximately $17 billion annually by avoiding damages from climate change and air pollution.

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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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Why EVs Aren't a Climate Change Panacea

Cars That Think

Electric cars will not save the climate. This is not to imply in any way that electric vehicles are worthless. Transportation accounts for only 27 percent of greenhouse gas emissions (GHG) in the U.S.; It is completely wrong,” Fatih Birol , Executive Director of the International Energy Agency (IEA), has stated.

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

Green Car Congress

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. Improving coordination and support for research efforts on climate change preparedness.

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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.

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EPA GHG Inventory shows US GHG down 1.7% y-o-y in 2019, down 13% from 2005

Green Car Congress

The US Environmental Protection Agency (EPA) released its 28 th annual Inventory of US Greenhouse Gas Emissions and Sinks (GHG Inventory), which presents a national-level overview of annual greenhouse gas emissions from 1990 to 2019. CO 2 emissions decreased 2.2% from 2018 to 2019. Total GHG emissions in 2019 were up 1.8% Source: EPA.

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California ARB approves 2017 Climate Change Scoping Plan; requires doubling the rate of GHG cuts

Green Car Congress

The California Air Resources Board unanimously approved the 2017 Climate Change Scoping Plan , which sets the state on an aggressive course to reduce greenhouse gas emissions an additional 40% below 1990 levels by 2030 under SB 32. This will require California to double the rate at which it has been cutting GHGs. Earlier post.).