In a balanced, carefully written memo, White House Advisor Daniel Patrick Moynihan informed President Nixon that the burning of fossil fuels was increasing the amount of carbon dioxide in the atmosphere. By raising the temperature of the planet, this increase
Green Bonds reach $1 trillion
The total issuance of Green Bonds since their introduction in 2007 reached $1 trillion, as reported in a study by Bloomberg New Energy Finance (BNEF).
Inaugural meeting of Intergovernmental Panel on Climate Change (IPCC)
The Intergovernmental Panel on Climate Change (IPCC) held its inaugural meeting in November 1988. The IPCC was established by the United Nations Environment Programme (UNEP) and the World Meteorological Organization (WMO). It was charged with providing ongoing assessments of: the
China announces national emissions trading scheme (ETS)
THe Chinese government announced its intent to create a national emissions trading scheme to “limit and reduce” emissions in a “cost effective” manner. The system is to begin operation in 2021 and will initially cover emissions from coal and gas
California adopts SB32 setting 2030 emissions target
With the achievement of the 2020 GHG emissions targets set in 2006, SB32 adopted new targets, committing the state to reducing GHG emissions to 40% below 1990 levels by 2030.