August 30, 2012
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Environmental Management Newsletter August 30, 2012 |
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| This Week´s Featured News Stories |
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Obama Administration Finalizes Historic 54.5 mpg Fuel Efficiency Standards
The Obama Administration today finalized groundbreaking standards that will increase fuel economy to the equivalent of 54.5 mpg for cars and light-duty trucks by Model Year 2025. When combined with previous standards set by this Administration, this move will nearly double the fuel efficiency of those vehicles compared to new vehicles currently on our roads. In total, the Administration’s national program to improve fuel economy and reduce greenhouse gas emissions will save consumers more than $1.7 trillion at the gas pump and reduce U.S. oil consumption by 12 billion barrels. “These ... | ||
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Australia to join EU`s emissions trading system
Australia will scrap its planned floor price for carbon emissions and will link directly with the European Union`s emissions trading system by 2018, Climate Change Minister Greg Combet said today (28 August). Australia imposed a carbon tax on around 300 of its biggest polluting companies in July, covering around 60% of emissions. "Linking the Australian and European Union systems reaffirms that carbon markets are the prime vehicle for tackling climate change and the most efficient means of achieving emissions reductions," Combet said in a joint statement with European Commissioner for Climate ... | ||
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