Climate 411

Navigating the Core Carbon Principles and the Landscape of Guidance Toward a High-Integrity Carbon Market

This blog was authored by Jordan Faires (Manager at EDF+Business) and Pedro Martins Barata (Associate Vice President for Carbon Markets and Private Sector Decarbonization). 

The voluntary carbon market is an essential tool to advance net zero progress. The market can help us channel much-needed finance to drive climate action, conserve vital ecosystems, and support sustainable development and livelihoods in local communities. However, one of the leading challenges for companies is differentiating high-integrity carbon credits in a crowded marketplace. New integrity guidance is shedding light on how companies can make the highest impact investments to complement their sustainability commitments.  

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Clearing the Air: California’s Leadership on Clean Trucks

FedEx Express truck

A FedEx eStar electric truck in Los Angeles. Photo: Mr.choppers

This blog is co-authored by NRDC’s Britt Carmon, Guillermo A. Ortiz, and David Pettit. It originally appeared here.

California has long grappled with the challenge of improving its air quality, which ranks as the worst in the country. Heavy-duty diesel trucks, which are significant contributors to air and climate pollution, make it difficult for the state to achieve nationwide air quality standards.  As such, it should be no surprise that the transportation sector remains the largest source of greenhouse gas emissions, not only in California, but nationwide as well. However, the scale of the problem is not insurmountable. California has also been at the forefront of regulating tailpipe and motor vehicle greenhouse gas emissions and has made steady progress towards cleaner air for decades.

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Also posted in California, Cars and Pollution, Cities and states, Economics, Energy, Green Jobs, Greenhouse Gas Emissions, Health, Innovation, Jobs, Partners for Change, Policy / Comments are closed

Rising Above the Storm: Transforming My Super Typhoon Experience Into Action

Damage in Tacloban, Philippines after Super Typhoon Haiyan, 2013

Imagine living in a coastal fishing community with fresh food, unpolluted air, and people sharing their food and resources. Imagine your childhood running around on a beautiful white sand beach, swimming in the ocean whenever you like, and in your free time, collecting seashells from the nearby shore, playing like tomorrow doesn’t matter.

I’m Marinel Ubaldo, a 25-year-old whose idea of a normal life changed after surviving the wrath of super-typhoon Haiyan.

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What Washington state can learn from California’s decade of climate investments

Photo of a wind farm in eastern Washington state

This blog was authored by Delia Novak, Western States Climate Policy Intern, U.S. Region.

Since the launch of Washington’s cap-and-invest program in January, the state has raised over $850 million in revenue through two consecutive, sold-out auctions under the program. These cap-and-invest auctions provide critical funding for the clean energy and climate resilience projects that will lock in a swift transition to a healthier, safer climate future — with at least 35% of funding used to benefit communities that are overburdened by air pollution and who will be impacted first and worst by the climate crisis if we fail to act.

Last month, Governor Inslee signed Washington’s final budget for 2023-2025, which will make use of a whopping $2 billion in funding from the Climate Commitment Act (CCA), with highlights including $138 million for electric vehicle charging infrastructure, $123 million for solar and storage projects, $120 million for zero emission medium and heavy-duty vehicles, and $163 million for home electrification rebates. By making decarbonization more affordable and slashing climate-warming emissions, this funding is already an impressive indication of the opportunities and investment that the cap-and-invest proceeds will deliver to communities across Washington.

But Washington’s climate investments are just getting started. In the meantime, we can look to California’s decade of climate investments to understand the important benefits that Washington’s cap-and-invest program can provide for its communities.

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Also posted in California, Carbon Markets, Cities and states, Economics, Energy, Greenhouse Gas Emissions, Health, Jobs, Policy / Comments are closed

California and Quebec have a major opportunity to raise the ambition of their linked carbon market

Photo of a solar farm in California

When the California Air Resources Board (CARB) finalized its Scoping Plan last year, it marked a critical milestone in charting an ambitious – but achievable – path toward a safer, climate future for communities across the state. Now, it’s time for CARB to put that plan into action.

The good news is that air regulators are taking a key step forward with a new joint workshop between California and Quebec on June 14 that will focus on potential amendments to the linked cap-and-trade program. The workshop will discuss the status of the current regulation and, critically, the scope of potential updates to bring the regulation in line with CARB’s 2022 Scoping Plan, which sets a goal of 48% emissions reductions by 2030 – an essential target to ensure California reaches its long-term reduction goals.

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Also posted in California, Carbon Markets, Cities and states, Economics, Greenhouse Gas Emissions, Policy / Comments are closed

Bonn climate talks: The Global Stocktake, oceans, food and nature are issues to watch

EDF’s delegation to the climate talks taking place in Bonn, Germany from June 5 to June 15 give us some insights into the issues they’re following. 

Flags on clear sky. Getty.

Next week, climate negotiators will convene in Bonn, Germany for a two-week negotiation session that will serve as an important marker on the road to the COP28 climate talks in Dubai this November. The outcome of the talks, known as SB58, will set the stage for the negotiations at COP28, giving us an indication of what needs to happen in the months leading up to those pivotal talks.

Every year the climate negotiations become more urgent as we draw closer to the timelines for meeting the Paris Agreement goals. The task is even more challenging when considering the other crises the world faces, like economic disruption, energy insecurity and food scarcity. We need effective solutions that can solve for these multiple challenges simultaneously. The talks in Bonn are an important opportunity to gauge progress and push forward key action points that address these various challenges, in the lead up to COP28, and beyond.

EDF’s delegation to the Bonn climate talks are closely monitoring various important issues inside and around the negotiations. These include the Global Stocktake process, food, fisheries and ocean issues, and efforts to expand high-integrity carbon market cooperation.

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Also posted in Agriculture, Carbon Markets, Forest protection, International, Oceans, Paris Agreement, United Nations / Comments are closed