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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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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

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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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Perspective: The Role of Offsets in Climate Change Legislation

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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.

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

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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. The CCEMC invests the money collected into the discovery, development and deployment of clean technology.

Carbon 186
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WHO issues new, lower Global Air Quality Guidelines for classical pollutants

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New WHO has issued new Global Air Quality Guidelines (AQGs) that reduce levels of key air pollutants, some of which also contribute to climate change. PM is primarily generated by fuel combustion in different sectors, including transport, energy, households, industry, and from agriculture.

Pollution 435
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IMO agrees mandatory system for collecting ships’ fuel consumption data

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The Marine Environment Protection Committee (MEPC) of the International Maritime Organization (IMO) has approved mandatory requirements for ships to record and report their fuel consumption. IMO said that the move sends a clear signal about its commitment to climate change mitigation. —IMO Secretary-General Kitack Lim.

Fuel 150
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New Joint Research Centre Reference Report sets out options for reducing emissions from shipping

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Maritime transport causes about 4% of global man-made CO 2 emissions—making its carbon footprint approximately as high as Germany’s. At present, around 50,000 merchant ships transport 90% of global goods and make maritime transport indispensable for the world economy. The legal position on shipping emissions.

Emissions 199