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Perspective: The UN Approval Process for Carbon Offsets

Green Car Congress

Under the cap-and-trade system, industries regulated by it—the largest being power generation, chemicals, steel, and cement—are given limits on their total emissions, and companies can purchase emission reductions from others in lieu of reducing emissions themselves. THE APPROVAL PROCESS. The approval process for carbon offsets has two goals.

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Perspective: The Role of Offsets in Climate Change Legislation

Green Car Congress

If a cap-and-trade program includes offsets, regulated entities have the opportunity to purchase the “emission credits” generated by carbon offset projects to help them meet their compliance obligations. A regulated entity may consider purchasing offsets if the offsets are less expensive than making direct, onsite emission reductions.

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Perspective: US Needs to Transition to Hydrous Ethanol as the Primary Renewable Transportation Fuel

Green Car Congress

The oil price shocks of the 1970s led the Brazilian government to address the strain high prices were placing on its fragile economy. The government assisted the shift by giving sugar companies subsidized loans to build ethanol plants, as well as guaranteeing prices for their ethanol products. Donovan, CEO Renergie, Inc.

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EPA Administrator broadly outlines Trump Administration thinking on fuel economy standards and California

Green Car Congress

Wheeler adduced four reasons to support that argument: price, safety, environmental impact and incentivizing the purchase of new, cleaner, safer cars. Wheeler said that the average sticker price of a new vehicle reached $39,500 in the first half of 2019—out of reach for many American families. Purchasing.

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

Green Car Congress

Cantwell said that cap-and-trade had been discredited by the Wall Street crisis, the Enron scandal and the rocky start to a carbon credits trading system in Europe that has been subject to dizzying price fluctuations and widespread fraud. If they don’t have enough allowances to cover their emissions they must purchase more or face a penalty.

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