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Re: Bill 4, Cap and Trade Cancellation Act, 2018
The Canadian Association of Physicians for the Environment (CAPE) opposes Bill 4, which proposes repealing the Climate Change Mitigation and Low-carbon Economy Act, 2016. CAPE argues that Ontario's cap-and-trade program is essential for reducing emissions in the transportation (33%), buildings (22%), and industry (18%) sectors, and has collected $2.8 billion to fund public transit, electrification, and energy efficiency. The organization emphasizes that climate change is the "greatest public health threat of this century," citing recent extreme heat in Ontario and Quebec, as well as an increase in Ontario wildfires (1,312 in 2018 compared to a 10-year average of 716). CAPE recommends that if the government proceeds with the repeal, it must immediately implement a replacement plan that commits to reducing emissions to 80% below 1990 levels by 2050 to align with the 1.5 degrees C warming limit.
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Document type: Statement
PRE-ISSUANCE VERIFICATION REPORT (LIMITED ASSURANCE ENGAGEMENT)
Vigeo Eiris conducted a limited assurance engagement in September and October 2018, concluding that Royal Schiphol Group's 2018 first Green Bond is in conformance with the Climate Bonds Standard version 2.1. The bond's proceeds are intended to finance low carbon emissions vehicles, charging infrastructure, and the construction or refurbishment of low carbon buildings. The verification confirmed that the nominated assets meet the technical criteria for Low Carbon Buildings and Low Carbon Land Transport, though the verifier noted that the lack of quantified contributions to corporate sustainability objectives and the absence of a commitment to periodic assurance engagements are areas for improvement.
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Document type: Report
Three Strategies to Move the Region Forward
The document argues that the Northeast and Mid-Atlantic region can significantly reduce climate pollution and consumer costs by investing in vehicle efficiency, electric vehicles (EVs), and clean fuels. An analysis by M.J. Bradley and Associates indicates that these strategies could cut on-road CO2 emissions by 37% by 2030 and 78% by 2050 (relative to 1990 levels), while saving consumers over $1 trillion on petroleum-based fuels by 2050. The report emphasizes that electrification is the largest driver of emissions reductions and suggests policy mechanisms such as a Clean Fuel Standard and a regional clean transportation investment fund to achieve these goals equitably.
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Document type: Fact sheet
Decarbonizing Transportation
The document consists of a series of data tables (Appendix F) detailing the financial and environmental impacts of transportation decarbonization across several US states. It tracks costs such as incremental vehicle costs and charging infrastructure against benefits like gasoline and diesel fuel savings, as well as monetized greenhouse gas (GHG), NOx, and PM2.5 reductions. The data is split between 'MID' and 'HIGH' scenarios for each state, projecting outcomes through 2050.
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Document type: Report
INSIDER: Leaving No One Behind in Advancing Climate Actions: Implications and Opportunities
The briefing examines the intersection of poverty eradication and climate action, arguing that the "leave no one behind" (LNB) principle is essential for ensuring that the poorest populations—who are most vulnerable to climate impacts—benefit from and participate in the energy transition. It outlines four key implications for climate policy: including the poor in decision-making, targeting them as implementers of adaptation and mitigation, maximizing direct benefits for them, and providing compensatory measures to offset regressive impacts like carbon taxes. The author notes that while many Nationally Determined Contributions (NDCs) mention inequality, few contain concrete measures to realize these benefits, suggesting that upcoming NDC updates provide a critical opportunity to integrate LNB principles.
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Document type: Briefing
Transport electrification effect of recent battery cost reduction and future emission scenarios
The research examines the sensitivity of electric vehicle (EV) adoption to battery costs, finding that EVs only achieve a significant global market share of 15% or more when battery costs drop to 100 $/kWh or less. While battery costs have fallen faster than previously estimated, the transport sector remains a more challenging area for greenhouse gas emission reductions compared to other sectors.
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Document type: Research paper
GREEN BOND SCREENING METHODOLOGY
The Climate Bonds Initiative (CBI) employs a three-step screening process to identify eligible green bonds and loans for its database: identifying green-labelled bonds, screening assets against the Climate Bonds Taxonomy, and evaluating the allocation of proceeds. To be included, a bond must allocate at least 95% of its proceeds to aligned green assets; any bond where more than 5% of proceeds are used for working capital, social projects, or non-aligned assets is excluded. The methodology explicitly excludes fossil fuel energy and any assets that extend the life of fossil fuel usage, such as 'clean coal'. The Climate Bonds Taxonomy covers eight categories: energy, transport, buildings, water management, waste management & pollution control, nature-based assets, industry & energy-intensive commercial, and information technology & communications (ICT).
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Document type: Guide
FINANCING FOR LOW-CARBON AUTO RICKSHAWS
The briefing outlines a sustainable finance instrument designed to transition Indian auto-rickshaw drivers from conventional vehicles to electric ones. By providing 100% debt financing, eliminating collateral requirements, and offering lower interest rates (22%-24% per annum), the instrument aims to replace the current rental model and predatory informal loans. The proposed NBFC structure will pool equity, commercial debt, and concessional capital, utilizing a community-driven loan appraisal and collection system to mitigate default risks. A pilot project targeting 500 vehicles in Bengaluru, Chennai, and Chitradurga is planned to demonstrate the model's viability and environmental impact, with a long-term goal of capturing 5% of the Indian market to avoid 9 million tons of carbon emissions.
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Document type: Briefing
TROUBLING TIMES AHEAD: ELECTION SCENARIOS FOR THE DRC
The document analyzes the volatile political climate in the Democratic Republic of Congo (DRC) ahead of the December 2018 elections. It highlights the systematic elimination of political competition by the ruling party, deep distrust in the electoral commission (CENI), and the persistent insecurity in the eastern DRC. The authors present four scenarios: a worst-case scenario of election cancellation leading to violence, a win by the ruling party's candidate Emmanuel Ramazani Shadary (either as a puppet for Joseph Kabila or as an independent leader), a contested win legitimized by a biased judiciary, and a popular opposition victory. The paper emphasizes that the DRC's vast mineral wealth, particularly cobalt, sustains international interest but also fuels internal instability and patronage networks. It recommends that SADC and the AU maintain pressure on the government to ensure a credible election and prepare for potential wide-scale violence.
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Document type: Research paper
The Carbon-Free Regions Handbook: Finance
The document outlines four primary categories of financial interventions for regional governments to accelerate the energy transition: increasing capital availability, implementing first-cost solutions, creating market incentives, and reducing procurement costs. It details specific mechanisms such as green investment banks, energy savings performance contracts, carbon pricing, and reverse auctions, providing examples of legislation and programs from various global jurisdictions to illustrate their application.
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Document type: Guide
mayors-california-carb-letter-supporting-zebs-eb258d8d28714e2f.pdf
Mayors from across California are calling on the California Air Resources Board to move beyond incentives and implement regulatory measures to transition transit fleets to zero-emission buses. They argue that these vehicles are technologically viable, cost-competitive, and essential for reducing toxic air pollution and meeting the state's 2030 greenhouse gas reduction goals.
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Document type: Statement
Mining for Emissions Reductions: Strike while the Earth Is Cool
The briefing highlights the dual role of the mining industry in the energy transition, noting its necessity in providing raw materials for low-carbon technologies while remaining a significant source of global emissions. It advocates for the adoption of science-based targets, the use of the Task Force on Climate-related Financial Disclosures (TCFD) framework, and the cocreation of a comprehensive decarbonization pathway to mitigate physical and financial climate risks.
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Document type: Briefing
New Thoughts on California Oil
SEI scientists Peter Erickson and Michael Lazarus argue that limiting fossil fuel supply, specifically high-cost and high-emissions oil in California, is essential for solving the climate crisis. They contend that reducing production helps avoid stranded assets and that California's projected decrease in oil demand by 2030 allows for a production phase-down without increasing oil imports.
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Document type: Statement
Low-Carbon Manufacturing
The document outlines the economic necessity for South Africa to transition toward low-carbon manufacturing, identifying specific opportunities in renewable energy, transport, agriprocessing, water, and the circular economy. It emphasizes the need for policy clarity, local procurement, and a 'just transition' that protects workers and informal waste pickers.
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Document type: Policy brief
Low-Carbon Electricity Transition
The document outlines the challenges of South Africa's coal-dependent energy system, including environmental externalities and the financial crisis at Eskom. It proposes cancelling further coal Independent Power Producers (IPPs), reforming Eskom's business model to invest in renewables, and increasing the localisation of renewable energy manufacturing. A central theme is the 'just transition,' emphasizing the role of unions and the state in protecting vulnerable workers through re-skilling and social protection. The brief recommends the urgent finalisation of the Integrated Resource Plan (IRP) 2016 and the establishment of a Just Transition Taskforce.
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Document type: Policy brief
Confronting Climate Change in Washington
Climate change is causing record-breaking wildfires, ocean acidification, and declining snowpack in Washington, threatening the state's shellfish, forestry, and hydroelectric industries. Projections suggest temperatures could rise by 5°F to 8.5°F by the end of the century, with significant risks to coastal property and forest health. The document advocates for carbon pricing, cleaner transportation fuels, and a transition to zero-carbon electricity to mitigate these risks.
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Document type: Fact sheet
Beyond Renewable Energy: New Strategies for Low-Carbon Impact
The briefing highlights the momentum of corporate and municipal climate commitments and advocates for a 'next generation' of low-carbon solutions. It suggests that moving beyond simple wind and solar additions to include technologies like energy storage, nuclear energy, and demand response—implemented through utility-customer partnerships—can more effectively 'green' the grid and reduce overall system emissions at a lower cost.
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Document type: Briefing
India State of the Market
The Indian green bond market reached a cumulative issuance of USD 6.5 billion by July 2018, with 2017 seeing a significant surge to USD 3.8 billion. Renewable energy is the dominant sector for use of proceeds, and the market is driven by both government-backed entities and private sector corporates. A high proportion of deals utilize external reviews, with 47% of total issuance comprising Certified Climate Bonds.
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Document type: Briefing
TRUMP’S FUEL ECONOMY STANDARD ROLLBACK WILL COST $450 BILLION THROUGH 2050, INCREASE EMISSIONS 11% THROUGH 2035
The document predicts that freezing federal fuel economy standards at 2020 levels would cost the U.S. economy $450 billion through 2050 and increase transportation sector greenhouse gas emissions by 11% by 2035. It notes that these costs and emissions increases would be lower if California retains its authority to set more stringent standards. The analysis indicates that while initial costs of manufacturing might decrease, these are outweighed by rising fuel expenses, with the primary beneficiaries being oil companies.
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Document type: Research paper
FACT SHEET A Plan Is Needed to Reduce Emissions, Boost Revenue, and Ensure Reliable Transit
The Union of Concerned Scientists proposes a transportation-based cap-and-invest program for New York State, citing the success of the Regional Greenhouse Gas Initiative (RGGI) in the power sector. The document highlights that transportation is the largest source of emissions in New York and a major cause of health issues in New York City. It suggests that such a program could raise over $1.2 billion annually to fund electric vehicle infrastructure, public transit, and climate resilience.
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Document type: Fact sheet