Carbon Offset
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 one entity brings to another. After certification by a government or independent certification body, credits can be traded between entities. One carbon credit represents a reduction, avoidance or removal of one metric tonne of carbon dioxide or its carbon dioxide-equivalent (CO2e). A variety of greenhouse gas reduction projects can qualify for offsets and credits depending on the scheme. Some include forestry projects that avoid logging and plant saplings, renewable energy projects such as wind farms, biomass energy, biogas digesters, hydroelectric dams, as well as energy efficiency projects. Further projects include carbon dioxide rem ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Turbine Aalborg
A turbine ( or ) (from the Greek , ''tyrbē'', or Latin ''turbo'', meaning vortex) is a rotary mechanical device that extracts energy from a fluid flow and converts it into useful Work (physics), work. The work produced can be used for generating electrical power when combined with a electric generator, generator.Munson, Bruce Roy, T. H. Okiishi, and Wade W. Huebsch. "Turbomachines." Fundamentals of Fluid Mechanics. 6th ed. Hoboken, NJ: J. Wiley & Sons, 2009. Print. A turbine is a turbomachinery, turbomachine with at least one moving part called a rotor assembly, which is a shaft or drum with Turbine blade, blades attached. Moving fluid acts on the blades so that they move and impart rotational energy to the rotor. Gas turbine, Gas, steam turbine, steam, and water turbine, water turbines have a casing around the blades that contains and controls the working fluid. Modern steam turbines frequently employ both reaction and impulse in the same unit, typically varying the degree of ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Nationally Determined Contribution
The nationally determined contributions (NDCs) are commitments that countries make to reduce their greenhouse gas emissions as part of climate change mitigation. These commitments include the necessary policies and measures for achieving the global targets set out in the Paris Agreement. The Paris Agreement has a long-term temperature goal which is to keep the rise in global surface temperature to well below above pre-industrial levels. The treaty also states that preferably the limit of the increase should only be . To achieve this temperature goal, greenhouse gas emissions should be reduced as soon as, and by as much as, possible. To stay below 1.5°C of global warming, emissions need to be cut by roughly 50% by 2030. This figure takes into account each country's documented pledges or NDCs. NDCs embody efforts by each country to reduce national emissions and adapt to the impacts of climate change. The Paris Agreement requires each of the 195 Parties to prepare, communicate and ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Voluntary Emission Reduction
Voluntary Emission Reductions or Verified Emission Reductions (VERs) are a type of carbon offset exchanged in the voluntary or over-the-counter market for carbon credits. Verified Emission Reductions are usually certified through a voluntary certification process. Verified Emission Reductions are usually created by projects which have been verified outside of the Kyoto Protocol The was an international treaty which extended the 1992 United Nations Framework Convention on Climate Change (UNFCCC) that commits state parties to reduce greenhouse gas emissions, based on the scientific consensus that global warming is oc .... One VER is equivalent to 1 tonne of CO2 emissions. Through these schemes, industries and individuals voluntarily compensate for their emissions or provide an additional contribution to mitigating climate change. VERs may be developed and calculated in compliance with one of several VER standards. These set out rules defining how emission reductions are measur ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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United Nations
The United Nations (UN) is the Earth, global intergovernmental organization established by the signing of the Charter of the United Nations, UN Charter on 26 June 1945 with the stated purpose of maintaining international peace and international security, security, to develop friendly Diplomacy, relations among State (polity), states, to promote international cooperation, and to serve as a centre for harmonizing the actions of states in achieving those goals. The United Nations headquarters is located in New York City, with several other offices located in United Nations Office at Geneva, Geneva, United Nations Office at Nairobi, Nairobi, United Nations Office at Vienna, Vienna, and The Hague. The UN comprises six principal organizations: the United Nations General Assembly, General Assembly, the United Nations Security Council, Security Council, the United Nations Economic and Social Council, Economic and Social Council, the International Court of Justice, the United Nations Se ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Center For American Progress
The Center for American Progress (CAP) is a public policy think tank, research and advocacy organization which presents a Modern liberalism in the United States, liberal viewpoint on Economic policy, economic and social issues. CAP is headquartered in Washington, D.C. The president and chief executive officer of CAP is Neera Tanden, a Democratic political consultant and former government official. The first president and CEO was John Podesta, who has served as White House Chief of Staff to President of the United States, US President Bill Clinton and as the chairman of the 2016 presidential campaign of Hillary Clinton. Podesta remained with the organization as chairman of the board until he joined the Obama Executive Office of the President, White House staff in December 2013. The Center for American Progress has a youth-engagement organization, Generation Progress, and a sister advocacy organization, the Center for American Progress Action Fund (CAPAF). History and mission The ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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S&P Global Commodity Insights
S&P Global Commodity Insights is a provider of energy and commodities information and a source of benchmark price assessments in the physical commodity markets. The business was started with the foundation in 1909 of the magazine ''National Petroleum News'' by Warren C. Platt. S&P Global Commodity Insights is recognized as one of the most significant price reporting agency, price reporting agencies for the oil market. Overview From an original focus on the oil industry, S&P Global Commodity Insights gradually expanded its purview to include metals, agriculture, shipping, and all energy-related markets – oil, coal, natural gas, electricity, nuclear power, petrochemicals, renewables, and exhaust gas, emissions. Corporate history Warren C. Platt (1883–1963) started the magazine ''National Petroleum News'' in Cleveland, Ohio in 1909. He expanded the business with the publication of the newsletter called ''Platts Oilgram'' in 1923, which went on to be recognized as an influenti ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Carbon Tax
A carbon tax is a tax levied on the carbon emissions from producing goods and services. Carbon taxes are intended to make visible the hidden Social cost of carbon, social costs of carbon emissions. They are designed to reduce greenhouse gas emissions by essentially increasing the price of fossil fuels. This both decreases demand for goods and services that produce high emissions and incentivizes making them less emission intensity, carbon-intensive. When a fossil fuel such as coal, petroleum, or natural gas is burned, most or all of its carbon is converted to . Greenhouse gas emissions cause climate change. This negative externality can be reduced by taxing carbon content at any point in the product cycle. A carbon tax as well as carbon emission trading is used within the carbon price concept. Two common economic alternatives to carbon taxes are tradable permits with Carbon offsets and credits, carbon credits and Subsidy, subsidies. In its simplest form, a carbon tax covers only ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Carbon Price
Carbon pricing (or pricing) is a method for governments to mitigate climate change, in which a monetary cost is applied to greenhouse gas emissions. This is done to encourage polluters to reduce fossil fuel combustion, the main driver of climate change. A carbon price usually takes the form of a carbon tax, or an emissions trading scheme (ETS) that requires firms to purchase allowances to emit. The method is widely agreed to be an efficient policy for reducing greenhouse gas emissions. Carbon pricing seeks to address the economic problem that emissions of and other greenhouse gases are a negative externality – a detrimental product that is not charged for by any market. 21.7% of global GHG emissions are covered by carbon pricing in 2021, a major increase due to the introduction of the Chinese national carbon trading scheme. Regions with carbon pricing include most European countries and Canada. On the other hand, top emitters like India, Russia, the Gulf states and many ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Greenhouse Gas
Greenhouse gases (GHGs) are the gases in the atmosphere that raise the surface temperature of planets such as the Earth. Unlike other gases, greenhouse gases absorb the radiations that a planet emits, resulting in the greenhouse effect. The Earth is warmed by sunlight, causing its surface to radiate heat, which is then mostly absorbed by greenhouse gases. Without greenhouse gases in the atmosphere, the average temperature of Earth's surface would be about , rather than the present average of .Le Treut, H., R. Somerville, U. Cubasch, Y. Ding, C. Mauritzen, A. Mokssit, T. Peterson and M. Prather, 2007:Chapter 1: Historical Overview of Climate Change. In:Climate Change 2007: The Physical Science Basis. Contribution of Working Group I to the Fourth Assessment Report of the Intergovernmental Panel on Climate Change. olomon, S., D. Qin, M. Manning, Z. Chen, M. Marquis, K.B. Averyt, M. Tignor and H.L. Miller (eds.) Cambridge University Press, Cambridge, United Kingdom and New Y ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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The Australia Institute
The Australia Institute is an Australian public policy think tank based in Canberra, with offices also in Hobart and Adelaide. Since its launch in 1994, it has carried out research on a broad range of economic, social, and environmental issues. The Australia Institute states that it takes a bipartisan approach to research, but it has been described as " progressive" or "left-leaning". Research The Australia Institute undertakes economic analysis with special emphasis on the role of the public sector as well as issues such as taxation and inequality, including gender inequality, poverty, privatisation, foreign investment, and corporate power. Some of The Australia Institute's contributions involve analysis of modelling exercises on the part of other groups such as assessing some of the pandemic modelling as well as the modelling behind the government's intergenerational report. The fiscal response has prompted attention to the tax base and so The Australia Institute described ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Christian Science Monitor
''The Christian Science Monitor'' (''CSM''), commonly known as ''The Monitor'', is a nonprofit news organization that publishes daily articles both in electronic format and a weekly print edition. It was founded in 1908 as a daily newspaper by Mary Baker Eddy, founder of the new religious movement Christian Science, Church of Christ, Scientist. Since its founding, the newspaper has been based in Boston. Over its existence, seven ''Monitor'' journalists have been awarded the Pulitzer Prize, including Edmund Stevens (1950), John Hughes (1968), Howard James (1968), Robert Cahn (1969), Richard Strout (1978), David S. Rohde (1996), and Clay Bennett (2002)."Pulitzer Prizes" at ''The Christian Science Monitor'' official website History 20th century [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |