article thumbnail

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.

article thumbnail

Bank of America joins Stanford’s Global Climate & Energy Project

Green Car Congress

Bank of America has joined Stanford University’s Global Climate & Energy Project (GCEP), a collaboration of academic and business experts that identifies and supports new avenues of research to make environmentally sustainable, low-cost energy available to everyone. All of humankind needs energy that is reliable, cleaner and more affordable.

Climate 218
article thumbnail

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

Green Car Congress

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.

article thumbnail

Alberta Climate Change and Emissions Management (CCEMC) Corporation Awarding C$37.5 Million in Funding for Renewable Energy Projects from Biofuels to Home Generation

Green Car Congress

Alberta, Canada’s Climate Change and Emissions Management (CCMEC) Corporation is awarding more than C$37.5 million) to five Alberta-based renewable energy projects including waste to biofuels and energy, concentrating solar power, biogas and home generation. million (US$36.6 Enmax Corporation , C$14.5 million (US$14.1

article thumbnail

TRATON GROUP, Daimler Truck and Volvo Group kick off European charging infrastructure JV

Green Car Congress

It will be a self-standing legal entity, operating under its own corporate identity and based in Amsterdam, Netherlands. The JV intends to take a catalyzing role as a charge point operator (CPO) in the value-chain by installing and managing charging stations for heavy-duty trucks and coaches.

Volvo 150
article thumbnail

EC proposes modernizing EU legislation on batteries to enhance sustainability and safety

Green Car Congress

They promote competitive sustainability and are necessary for green transport, clean energy and to achieve climate neutrality by 2050. The measures that the Commission proposes will facilitate achieving climate neutrality by 2050. The proposal addresses the social, economic and environmental issues related to all types of batteries.

Batteries 359
article thumbnail

Perspective: The Role of Offsets in Climate Change Legislation

Green Car Congress

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. 2) Examples of Renewable Energy Projects.