article thumbnail

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

Green Car Congress

The legislation also proposes numerous actions against financing and support for fossil fuel industries. Among the financing provisions of the legislation are: Price on carbon. Bernie Sanders (I-Vt.) and Barbara Boxer (D-Calif.) The legislation would enact a fee of $20 per ton or carbon or methane equivalent, rising at 5.6%

Price 259
article thumbnail

Member of Swiss National Councils fills up with sunfire solar diesel to call attention to need for regulatory reform

Green Car Congress

Böhni emphasized that the production of climate-neutral fuel is key to climate protection and therefore needs to be given a fair chance; he established the Clean Fuel Now initiative at the Federal Parliament in Bern in late 2014. Climate change is happening much faster than we thought a few years ago. Earlier post.).

Diesel 150
article thumbnail

Perspective: Regional Greenhouse Gas Cap-and-Trade Programs May be the Solution

Green Car Congress

Cap-and-trade was first tried on a significant scale twenty years ago under the first Bush administration as a way to address the problem of airborne sulfur dioxide pollution–widely known as acid rain–from coal-burning power plants in the eastern United States. Financing Investments and Other Public Expenditures. Reduced Output.

Gas 244