FCPF's Carbon Fund, which will offer payments
for achieved emissions reductions, now amounts to $ 470 million.
A clear pathway exists
for achieving the emission reductions that you and many other environmental activists say are desperately needed.
EMISSION REDUCTIONS At the European level the EU is considering proposed amendments to the Emissions Trading Scheme (ETS) Directive (the subject of a new consultation exercise by the Department for Environment, Food and Rural Affairs), a draft decision allocating among member states the responsibility
for achieving emissions reductions outside the EU ETS sectors and a new Directive and communication relating to carbon capture and storage.
Not exact matches
So, as far as I can see, essentially the same outcome as the double - credits
achieves, both in terms of revenue
for Shell and cost to the CCEMF could have been
achieved with a $ 15 per - ton - sequestered payment from the CCEMC without sacrificing the integrity of
emissions reduction accounting within the offset program.
RESOLVED: That Berkshire Hathaway Inc. («Berkshire») establish reasonable, quantitative goals
for reduction of greenhouse gas and other air
emissions at its energy - generating holdings; and that Berkshire publish a report to shareholders by January 31, 2015 (at reasonable cost and omitting proprietary information) on how it will
achieve these goals — including possible plans to retrofit or retire existing coal - burning plants at Berkshire - held companies.
Developed countries got some of the flexibility they wanted:
For instance, they can purchase emission credits from countries able to cut emissions beyond their required amount, or receive credit for emission reductions achieved through a project like a hydroelectric dam in a developing count
For instance, they can purchase
emission credits from countries able to cut
emissions beyond their required amount, or receive credit
for emission reductions achieved through a project like a hydroelectric dam in a developing count
for emission reductions achieved through a project like a hydroelectric dam in a developing country.
As the draft rule stands, EPA asks states to
achieve a specific average
reduction in their
emissions rate
for the years 2020 through 2029.
To
achieve the 70 - percent
reduction target
for carbon dioxide
emissions used in the study, additional steps would be needed — and before 2023.
A Brookings Institution expert wrote that setting aside some of the carbon tax revenue — $ 30 billon is the suggested starting point — to be used
for clean energy research and development might help the plan
achieve its
emissions reduction goals.
-- The Administrator, in accordance with the regulations promulgated under subsection (b)(1) and an agreement or arrangement described in subsection (b)(2)(A), shall issue international offset credits
for greenhouse gas
emission reductions achieved through activities to reduce deforestation only if, in addition to the requirements of subsection (b)--
-- In this subsection, the term «sectoral basis» means the issuance of international offset credits only
for the quantity of sector - wide
reductions or avoidance of greenhouse gas
emissions, or sector - wide increases in sequestration of greenhouse gases,
achieved across the relevant sector of the economy relative to a domestically enforceable baseline level of absolute
emissions established in an agreement or arrangement described in subsection (b)(2)(A)
for the sector.
The International Energy Agency
for example, reckons that the magic of energy efficiency can
achieve 49 per cent of the GHG
emission reductions needed by 2030 to avoid catastrophic changes in global temperature.
For most of these projects it makes economic sense to continue their
emission reduction activities, even though they may not
achieve the return on investment expected at the project outset.
Countries are considering using CERs from
emission reductions up to 2020 to
achieve post-2020 mitigation targets, under both the Paris Agreement and the Carbon Offsetting and
Reduction Scheme
for International Aviation (CORSIA).
Lastly,
for vocational vehicles, the agencies are proposing engine and vehicle standards starting in the 2014 model year which would
achieve up to a 10 percent
reduction in fuel consumption and CO2
emissions by 2018 model year.
For combination tractors, the agencies are proposing engine and vehicle standards that begin in the 2014 model year and
achieve up to a 20 percent
reduction in CO2
emissions and fuel consumption by 2018 model year.
Perfectly illustrating Porsche Intelligent Performance, the 2011 GT2 RS
achieves a
reduction of approximately 5 percent
for both fuel consumption and CO2
emission reduction when compared with the previous 911 GT2.
In all, the
reduction in average CO2
emissions achieved by the BMW Group, as calculated by the German Motor Vehicle Registration Authority, is four times greater than the average figure
for all car makers operating in the German market.
Japan's Nationally Determined Contribution (NDC) under the United Nations Framework Convention on Climate Change is a 26 %
reduction in greenhouse gas
emissions by 2030 from 2013 levels.1 To
achieve this, the Japanese government has set carbon targets
for all sectors backed up by a national carbon tax and Tokyo
emissions trading scheme.
The study identifies energy efficiency as the single most important option
for achieving significant and long - term
reductions in GHG
emissions, accounting
for up to 50 percent of the
reduction potential across the wide range of scenarios analyzed.
In both, he asserts that the current legislative proposals, by focusing incentives on deployment of today's wind and solar technology, could actually stifle the vital need to build the capacity
for achieving deep cuts in carbon dioxide
emissions once the easier
reductions are
achieved.
Taking account of their historic responsibility, as well as the need to secure climate justice
for the world's poorest and most vulnerable communities, developed countries must commit to legally binding and ambitious
emission reduction targets consistent with limiting global average surface warming to well below 1.5 degrees Celsius above preindustrial levels and long - term stabilization of atmospheric greenhouse gas concentrations at well below below 350 p.p.m., and that to
achieve this the agreement at COP15 U.N.F.C.C.C. should include a goal of peaking global
emissions by 2015 with a sharp decline thereafter towards a global
reduction of 85 percent by 2050,
In a forthcoming paper
for the Harvard Law and Policy review, «Fast Clean Cheap,» we argue that a regulation - centered approach would only
achieve 10 — 30 percent
emissions reductions in the U.S. by 2050, whereas we need 80 percent
emissions reductions in the U.S. and 50 percent
emissions reductions worldwide by then if we are to avoid catastrophic global warming.
The I.P.C.C. plays a risky game in assuming that spontaneous advances in technological innovation will carry most of the burden of
achieving future
emissions reductions, rather than focusing on creating the conditions
for such innovations to occur.»
It's good news
for the environment too: by supporting local and regional producers in the UK, Waitrose hopes to
achieve a 15 per cent
reduction in carbon dioxide
emissions.
China's
emissions trading system may be a potential model
for achieving CO2
reductions in a developing country.
Computer modeling of the NRDC plan, which used the same model used by the EPA, suggests that if the EPA does follow this approach, the US could see a 26 percent cut in power plant
emissions — and an overall
reduction in the US carbon footprint of 10 percent by 2020 — the largest share of
achieving the 17 percent
reduction the president has called
for.
The CDM Board at its 99th meeting here in Bonn approved a new methodology
for calculating the volume of
emission reductions achieved through projects that establish bicycle lanes, bicycle parking, and bicycle - sharing programmes, encouraging a shift in passenger transport modes from their usual fossil - fuel - burning traffic in favor of clean and green pedal power such as bicycles, three - wheelers or e-bikes.
EPA decided that this familiar approach is the «best system of
emission reduction»
for each carbon - emitting plant, and the agency then set
emission rate limits that can be
achieved at manifestly reasonable cost.
At present this would amount to about ~ 4.5 % of the global GDP, ($ 69,000 billion) to
achieve a
reduction in temperature
for the whole World of 0.11 °C about 1/10 degree Centigrade, on the basis that all future CO2
emissions were eliminated.»
The Pembina Institute's analysis indicates that the oil and gas sector needs to make a 42 per cent
reduction from its projected 2020
emission level
for Canada to
achieve its 2020 climate goals.
This suggests that, regardless of how they are
achieved,
emissions reduction goals may provide a useful proxy
for quantifying the impact of climate mitigation efforts on future fossil fuel demand.
In June, the U.S. Environmental Protection Agency proposed
emissions limits
for existing power plants that would
achieve a 30 percent
reduction in carbon pollution by 2030, compared to 2005 levels.
It is clear that the building energy code targets set in Section 201 are not only essential
for achieving the energy consumption and GHG
emissions reductions needed, but that they also are the most cost effective approach
for doing so.
The plan's immediate goal is to
achieve 35 percent carbon
emissions reductions citywide by 2025, establishing a pathway
for New York City to reach 80 percent
reductions by 2050.
Two years after the plan was released, the Office of Sustainability and the Department of Facilities now confirm that MIT is on the path to
achieve the plan's call
for at least a 32 percent
reduction in campus
emissions of greenhouse gases by the year 2030.
Earlier this week, Matt Ridley argued that the case
for wind power had been torpedoed, and now another UK study demonstrates (yet again) that wind power is highly expensive, inefficient (and ugly), claiming that wind power is ten times more expensive than using gas - fired power stations to
achieve the same
emissions reductions:
Since we don't know where the temperature thresholds might be
for various climate responses, all we can say
for certain is that reducing
emissions reduces risk, and the more
emissions reduction we
achieve, the more risk we avoid.
The report also finds that Brazil needs to receive more finance
for the actual
emissions reductions that have been
achieved in the past decade, (i.e., results - based payments).
«The evidence of history is that the sizes of the targets are less damaging than the plans required to
achieve them... These
emission reduction plans will lay down blueprints
for achieving sector targets and such plans create winners and losers.
Grants are awarded to eligible applicants
for implementation of diesel
emission reduction projects across the state to
achieve public health and air quality goals.
The only practical means
for reducing America's carbon
emissions to the extent that the Progressive Left believes is necessary is to use the EPA, acting in its lawfully assigned role as lead agency
for achieving substantial carbon pollution
reductions, as the primary enforcement tool
for constraining America's GHG
emissions.
Requires the EPA Administrator to promulgate regulations establishing a program
for the issuance of offset credits that: (1) ensure that such offset credits represent verifiable and additional GHG
emission reductions or avoidance, or increases in sequestration; (2) ensure that offset credits issued
for sequestration offset projects are only issued
for GHG
reductions that are permanent; and (3) include as
reductions in GHGs
reductions achieved through the destruction of methane and chlorofluorocarbons (CFCs) or other ozone depleting substances.
The whole argument
for an
emissions trading scheme as opposed to cutting
emissions via a carbon tax or simply by regulation is that it is cheaper - in other words electricity prices will rise by less to
achieve the same level of
emission reductions.
Three scenarios were developed to assess the options that states have to reduce their
emissions: (1) a Baseline Scenario («business as usual») that projected
emissions in 2030 without any policy changes, (2) the Primary Scenario that will
achieve the 45 %
reduction from 1990 levels, and (3) an Accelerated Scenario that examines options
for ambitious states that want to lead the region in reducing
emissions.
By fulfilling what the prime minister, Tony Abbott, had called his «pledge in blood» to repeal the tax, Australia has left itself with no legal basis
for trying to
achieve its international 5 % greenhouse gas
emissions reduction target.
-- The Administrator may issue international offset credits
for greenhouse gas
emission reductions achieved through activities to reduce deforestation at a state or provincial level that meet the requirements of this section.
-- Not later than 2025 and at 5 - year intervals thereafter, the Administrator shall review the standards
for new covered EGUs under this section and shall, by rule, reduce the maximum carbon dioxide
emission rate
for new covered EGUs to a rate which reflects the degree of
emission limitation achievable through the application of the best system of
emission reduction which (taking into account the cost of
achieving such
reduction and any nonair quality health and environmental impact and energy requirements) the Administrator determines has been adequately demonstrated.
-- The Administrator, in consultation with the Administrator of USAID, shall promulgate regulations establishing standards to ensure that supplemental
emissions reductions achieved through supported activities are additional, measurable, verifiable, permanent, and monitored, and account
for leakage and uncertainty.
«
For the purposes of decreasing the likelihood of catastrophic climate change, preserving tropical forests, building capacity to generate offset credits, and facilitating international action on global warming, the Administrator shall set aside the percentage specified in section 781 of the quantity of emission allowances established under section 721 (a) for each year, to be used to achieve a reduction of greenhouse gas emissions from deforestation in developing countries in accordance with part
For the purposes of decreasing the likelihood of catastrophic climate change, preserving tropical forests, building capacity to generate offset credits, and facilitating international action on global warming, the Administrator shall set aside the percentage specified in section 781 of the quantity of
emission allowances established under section 721 (a)
for each year, to be used to achieve a reduction of greenhouse gas emissions from deforestation in developing countries in accordance with part
for each year, to be used to
achieve a
reduction of greenhouse gas
emissions from deforestation in developing countries in accordance with part E.