As Washington talks climate rules and legislation, carbon emitters are burnishing their climate credentials. TC Energy, the company behind the Keystone XL pipeline, pledged days before President Joe Bidenâs inauguration to buy carbon emissions offsets for the project, which the administration halted. General Motors announced in January it plans by 2035 for the bulk of cars it sells to be electric. Volkswagen said it expects it will double sales of electric vehicles, or EVs, in 2021. Volvo intends to only sell electric cars by 2030. âThere is no long-term future for cars with an internal combustion engine,â said Henrik Green, Volvoâs chief technology officer.