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New study confirms extensive gas leaks in the North Sea; recommends stricter guidelines for handling of abandoned wells

Green Car Congress

Researchers from the GEOMAR Helmholtz Center for Ocean Research Kiel have found that considerable quantities of the greenhouse gas methane escape uncontrolled into the water from abandoned oil and gas wells in the North Sea. On the basis of investigations directly on the seafloor it was possible to determine the amount of escaping gas.

Gas 273
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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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Automakers whine about €15B fine they knew they’d risk for pushing gas cars

Baua Electric

If an automaker fails to meet this legal target, which was established in 2017 , it may have to pay a fine of €95 per gram of CO2 per car. Meanwhile, gas car sales actually are slowing (-2% in 2Q). At issue are Europe’s 2025 CO2 targets, and a penalty calculated based on fleet average CO2 emissions per automaker. km or lower.

Gas 52
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Perspective: The Role of Offsets in Climate Change Legislation

Green Car Congress

For example, a covered source (an entity in the power generation, chemicals, steel, and cement industries) can make reductions beyond its compliance obligations and then sell these reductions as credits to other covered sources. Nitrous oxide (N 2 O) emissions from agricultural operations or specific industrial processes (GWP = 298).

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Alberta Climate Change and Emissions Management (CCEMC) Corporation Awarding C$37.5 Million in Funding for Renewable Energy Projects from Biofuels to Home Generation

Green Car Congress

Alberta, Canada’s Climate Change and Emissions Management (CCMEC) Corporation is awarding more than C$37.5 Funding for the CCEMC comes from the Government of Alberta, which collects it from industry. Funding for the CCEMC comes from the Government of Alberta, which collects it from industry. million (US$36.6

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Heat Pumps—The Well-Tempered Future of A/Cs

Cars That Think

In other words, an incremental efficiency improvement in heating will have a much bigger overall impact on energy demand and therefore climate change. Heat pumps offer ways of addressing all three of the major sources of building-related climate-forcing emissions, Romanin says. What are the pros and cons of a heat pump?

Future 142
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Senators Sanders, Boxer propose legislation to institute GHG price on large stationary sources and remove support for fossil fuel industries

Green Car Congress

introduced legislation that would set an escalating fee on greenhouse gas emissions from large stationary sources to fund investments in energy efficiency and sustainable energy technologies and also provide rebates to consumers to offset increases in energy prices. Bernie Sanders (I-Vt.) and Barbara Boxer (D-Calif.) International sources.

Industry 259