IDB urges Caribbean countries to do more to meet their Paris Agreement commitments jamaicaobserver.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from jamaicaobserver.com Daily Mail and Mail on Sunday newspapers.
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The administration is
considering taxing imports of carbon-intensive goods, fulfilling a Biden campaign promise to punish China and other countries that are “failing to meet their climate and environmental obligations.”
But economists warn such a policy, known as a border carbon adjustment, would be unworkable unless the United States imposed a carbon tax or a similar pricing scheme on its own domestic goods.
Right now, Biden is not planning a carbon tax as part of his new goal to cut U.S. emissions in half by 2030 and has instead proposed for Congress to pass a clean electricity standard mandating utilities use more zero-carbon electricity.
May 7, 2021News
As the United States continues to transition toward increased use of renewable energy, the American Pipeline Contractors Association (APCA) is encouraging policymakers to recognize the benefits of existing natural gas, as well as the need for a robust network of transmission and distribution pipelines to transport important renewable energy sources.
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“We know there are three gases needed to reach America’s ambitious carbon reduction goals,” said Taylor Dacus of Troy Construction and APCA president. “First, we won’t get to net-zero carbon emissions by 2050 without traditional natural gas. Second, environmental opportunities offered by renewable hydrogen are gaining more attention. Third, carbon dioxide (CO₂) can be captured at sources of emission and moved to where it can be put to industrial use or safety stored. However, all of these opportunities cannot be reached without dependable pipeline infrastructure to safety transport th
Proposed 45Q Tax Credit Reform Could Give a Big Boost to Carbon Capture Projects by Emeka Ochu |May 6, 2021
A pair of coal trains idle on the tracks near Dry Fork Station, a coal-fired power plant being built by the Basin Electric Power Cooperative near Gillette, Wyoming, in April 2010. (AP Photo/Matthew Brown)
A critical aspect of President Biden’s $2 trillion American Job Plan focuses on mobilizing private capital to invest in clean energy production and deployment in order to achieve 100 percent carbon-free electricity production by 2035. These investments are crucial to his strategy to meet the ambitious new national commitments to the Paris agreement and keep global average temperature to a 1.5 degree C limit. The plan earmarks $15 billion to fund clean energy demonstration projects, including carbon capture and storage, and $46 billion in federal buying power, including of recycled CO2. To spur the expansive deployment of carbon capture, utilization, and sto
DAPL followed the rules, but it s not enough for opponents The Dakota Access Pipeline is already the most studied, regulated and litigated pipeline in American history Follow Us
Question of the Day
Now that we know the military is investigating Unidentified Aerial Phenomena (UFOs), what do you think they might be?
Question of the Day The company that built the Dakota Access Pipeline, shown here in October 2016 when construction was underway, is seeking state approval to build a new pumping station in Emmons County. Opponents of the Dakota Access oil pipeline plan to request . more >ANALYSIS/OPINION:
Over the past year, the COVID-19 pandemic has presented Americans with an entirely new set of rules (mask requirements and social distancing) and penalties should they be broken (removal from airline flights). We are, of course, taught from an early age that following the rules is the right thing to do and that breaking those rule