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T&E: Rising use of private jets sends CO2 emissions soaring

Green Car Congress

And yet, super-rich super polluters are flying around like there’s no climate crisis. Despite the disproportionate climate impact, private jets are untaxed in most European nations because of exemptions from the EU’s carbon pricing scheme (EU ETS) and untaxed kerosene. One operator reported an 11.3%

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Prometheus CEO outlines tech advances that could make CO2-to-fuels renewable gasoline and jet price-competitive with fossil fuels

Green Car Congress

In a commentary in the journal Joule , Rob McGinnis, founder and and CEO of Prometheus , a company that is developing technology to remove carbon dioxide from the air and turn it into fuels, discusses the technology advances that could lead to the potential price-competitiveness of renewable gasoline and jet with fossil fuels. 2020.01.002.

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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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Toyota a winner as CO2 reduction plan introduced to parliament with less pressure on SUVs and utes

EV Central

Australia is on schedule to have a CO2 reduction scheme for motor vehicle in place by January 1 2025. Hyundai calls for more EV support under Labor’s new CO2 reduction scheme READ MORE: It’s a green light for electric vehicles! Aussie CO2 standard tough on Toyota, SUVs and utes READ MORE: Get out of the way diesel!

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Give credit where it’s due! Hyundai calls for more EV support under Labor’s new CO2 reduction scheme

EV Central

And it wants the $100 per gram fine proposed for exceeding CO2 emissions limits under the governments preferred ‘Option B’ version of the New Vehicle Efficiency Standard (NVES) reduced. or 1.5 – and therefore subsidise CO2-emitting vehicles in the line-up. “So We can get to B, but we need some support.” 2024 Hyundai Ioniq 5 N.

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ICAO establishes 2050 net-zero CO2 emission goal for international aviation

Green Car Congress

The agreement is exciting, in part because ICAO has stopped pretending to be a global climate cop. Europe is expected to lead through proposals under its “Fit for 55” package, including clean fuel mandates, carbon pricing, and ending tax exemptions for jet fuel. gallon under the “Inflation Reduction Act”.

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BMW i Ventures invests in Prometheus Fuels; CO2 air-capture and conversion to carbon-neutral gasoline

Green Car Congress

BMW i Ventures has invested in Prometheus Fuels ( earlier post ), a company removing CO 2 from the air and turning it into zero-net carbon gasoline that it will sell at gas stations, at a price that competes with fossil fuels, starting as early as this year. —Greg Smithies, Partner, BMW i Ventures. to C 2 fuel products such as ethanol.

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