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Investors Need to Know the Full Scope of Corporate Carbon Emissions

Union of Concerned Scientists

They’re called Scope 3 emissions, and they are key to understanding the big picture of a company’s impact on the environment. First, let me explain the three “scopes” of carbon emissions. Scope 1 emissions come from power plants, oil rigs and other sources directly owned or controlled by a company.

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How to Make Trees Worth More Standing Than Cut Down

Legal Planet

Only the Congo, however, is still a net carbon sink. If trading mechanisms allow carbon emissions from one area to be offset by afforestation or reduced rates of deforestation, the climate is better off. This can happen through stringent government regulation, reputation, private certification, or some combination of these.

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What is the Department of Transportation’s Greenhouse Gas Performance Measure, and Why Does it Matter?

Union of Concerned Scientists

Last week, the Federal Highway Administration finalized an important regulation–the greenhouse gas performance measure. Currently, only 24 states and the District of Columbia have laws requiring them to set targets and track their greenhouse gas emissions from transportation.

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State-Level Actions To Decarbonize Aviation

Legal Planet

Aviation is a significant and growing source of greenhouse gas emissions. But the federal government in the United States has failed to address it so far. Opponents will undoubtedly argue that such state-based initiatives conflict with federal law.

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What Should EPA Do After Repealing the Clean Power Plan?

Legal Planet

Here are the options going forward for regulating existing power plants. Switch to another legal basis for regulation. There’s been a lot of discussion among academics and advocates about instead using section 115 of the Clean Air Act as a basis for carbon regulations. Download as PDF. appeared first on Legal Planet.

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TCI Program Established to Reduce Carbon Emissions From Transportation

Clean Energy Law

In December 2018, after having successfully reduced greenhouse gas emissions from the power sector by 53.3%, a majority of the Regional Greenhouse Gas Initiative (RGGI) jurisdictions announced plans to design a program to address carbon emissions from the combustion of transportation fuels.

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That Was The Year That Was

Legal Planet

Congress passed the Inflation Reduction Act, providing $369 billion in tax credit and spending to reduce carbon emissions. The Supreme Court heard the Sackler case, which will have a huge impact on federal regulation of wetlands. Congress ratified the Kigali treaty, which will reduce emissions of super-greenhouse gases.