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Climate finance is "finance that aims at reducing emissions, and enhancing sinks of greenhouse gases and aims at reducing vulnerability of, and maintaining and increasing the resilience of, human and ecological systems to negative climate change impacts", as defined by the United Nations Framework Convention on Climate Change (UNFCCC) Standing Committee on Finance.
The U.S. government opened up on Friday competitive bidding that will close on Aug. 26 for $850 million in grants to help small oil and gas producers monitor and reduce methane from their ...
The Regional Greenhouse Gas Initiative (RGGI, pronounced "Reggie") is the first mandatory market-based program to reduce greenhouse gas emissions by the United States.RGGI is a cooperative effort among the states of Connecticut, Delaware, Maine, Maryland, Massachusetts, New Hampshire, New Jersey, New York, Rhode Island, Vermont, and Virginia to cap and reduce carbon dioxide (CO 2) emissions ...
Carbon offsetting is a carbon trading mechanism that enables entities to compensate for offset greenhouse gas emissions by investing in projects that reduce, avoid, or remove emissions elsewhere. When an entity invests in a carbon offsetting program, it receives carbon credit or offset credit , which account for the net climate benefits that ...
As of 2021, 1,300 institutions possessing US$14.6 trillion have divested from the fossil fuel industry. [1]Fossil fuel divestment or fossil fuel divestment and investment in climate solutions is an attempt to reduce climate change by exerting social, political, and economic pressure for the institutional divestment of assets including stocks, bonds, and other financial instruments connected to ...
In its language, the bill specifically identifies carbon dioxide and other greenhouse gases earlier defined by the EPA as regulated pollutants under the EPA's remit. The bill also gives the EPA more than $27 billion in funding for regulation under the CAA, through a green bank for carbon dioxide and direct grants for methane. [11] [12] [13] [14]
Electric vehicles (EV) take center stage in questions about Harris’ automotive policies. Among the provisions of the Inflation Reduction Act is a goal to reduce carbon emissions by 40 percent by ...
Emissions reduction currency is also different from a voluntary carbon offset where a payment is made, typically to fund alternative energy or reforestation, the emissions reduction or sequestration resulting from which is used to reduce or cancel the payers responsibility for emissions produced by themselves. The value of an offset is in its ...