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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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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. The six key components are: 1.

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California Governor signs two bills to strengthen emission standard for trucks; Executive Order leverages $700B portfolio to strengthen climate resiliency

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California Governor Gavin Newsom signed two bills to strengthen emission standards for trucks, semis and other high-pollution vehicles. The Governor also issued an executive order directing the leveraging of the state’s $700-billion CalPERS, CalSTRS and UC Retirement Program portfolio to drive investment toward carbon-neutral technologies.

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Obama climate plan calls for new fuel economy standards for heavy-duty vehicles post-2018; cleaner fuels and investment in advanced fossil energy

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Among the transportation-related elements of US President Barack Obama’s new climate action plan, which he is outlining today in a speech at Georgetown University, is the development of new fuel economy standards for heavy-duty vehicles post-2018. Preparing the US for the impacts of climate change. Earlier post.).

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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.