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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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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.

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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. They are estimated to reduce greenhouse gas emissions by approximately 8 megatonnes over 10 years, enough to take more than 1.6

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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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Smith School report recommends individual governments take more national and bi-lateral actions to curb greenhouse gas emissions

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The Smith School of Enterprise and the Environment at the University of Oxford recently published a report recommending that individual governments take more action to curb their own greenhouse gas emissions and put pressure on other governments to do the same. International climate negotiations can only go so far.

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

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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. International sources. Bernie Sanders (I-Vt.) Debt reduction.

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Devil in the Details: World Leaders Scramble To Salvage and Shape Copenhagens UNFCCC Climate Summit

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At issue is the 2012 expiration of the Kyoto Protocol, a binding but effectively unenforceable 1997 treaty that had set greenhouse gas (GHG) emission reduction targets for 40 industrialized countries, referred to as Annex 1 countries, yielding an average GHG reduction of 5.2% by Jack Rosebro. ” [ 1 ].

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