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Port of Los Angeles Rolls out Hydrogen Fuel Cell Electric Freight Demonstration – Advanced BioFuels USA

Port of Los Angeles Rolls out Hydrogen Fuel Cell Electric Freight Demonstration – Advanced BioFuels USA
advancedbiofuelsusa.info - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from advancedbiofuelsusa.info Daily Mail and Mail on Sunday newspapers.

Energy solutions are tied to economic growth

Energy solutions are tied to economic growth Carbon capture can ensure American leadership in traditional sources of energy and reduce impact on environment Follow Us Question of the Day     ANALYSIS/OPINION: Due the success of the Trump administration’s Operation Warp Speed in developing safe and effective coronavirus vaccines, America’s economy is starting to recover from one of the worst economic crises in our history. Just as it was after the 2008 financial crisis, a key factor to this recovery is our energy sector. In recent years, innovative technologies have enabled our nation to become a global energy superpower. These advances gave us not only newfound energy freedom and leadership, but also new jobs and economic growth. One element to ensure the continuation of these new economic opportunities is carbon capture, utilization and storage (CCUS) technologies. CCUS holds the promise to not just produce clean and reliable energy but genera

Trade associations speak on carbon pricing — will action follow?

Carbon pricing has had broad business support for over a decade. As a market-based mechanism, this is often the private sector’s preferred approach in addressing climate change. Consequently, carbon pricing is a convenient mechanism to measure trade association support for climate change. Support for this mechanism is not a sufficient commitment to climate action alone, and any support that is tied to displacing other tools essential to necessary emissions reductions should be rejected as being inconsistent with support for solving the climate crisis. Still, carbon pricing can be a foundational first step for businesses and the trade associations that represent them.

Trade Associations Speak on Carbon Pricing Will Action Follow?

The Business Roundtable (BRT), a sector-diverse coalition of CEOs, moved first. The group made waves in September 2020 with the public rollout of its principles and policies for addressing climate change. While these principles are not groundbreaking, they represent a good understanding of the policy portfolio needed to address climate change, explicitly endorse a price on carbon and break away from oppositional climate positioning that was common before the results of the 2020 election. This is a notable departure from BRT’s reported neutrality on the Waxman-Markey cap-and-trade proposal and its 2007 stance on climate change, which acknowledged carbon pricing but noted that membership was divided on mandatory mechanisms.

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