Congress is currently considering the potential of a new legislative measure designed to enhance environmental stewardship. If approved, the legislation represents a significant step towards battling climate change, enabling the tracking of carbon intensity across a broad array of sectors. Not just limited to petroleum or production companies, the extent of regulation would cover every industry that is accused of contributing to the world’s carbon footprint. From transportation to power generation and more, this proposed legislation embodies a whole-of-industry approach towards mitigating the pernicious effects of global warming.
1. Congress is considering a new legislative measure designed to enhance environmental stewardship, with a significant emphasis on battling climate change.
2. This proposed legislation would enable tracking of carbon intensity across a wide range of sectors, not just limited to petroleum or production companies.
3. The legislation includes regulations for every industry contributing to the world’s carbon footprint, with a whole-of-industry approach to mitigating the effects of global warming.
4. The goal of this legislation is to provide a comprehensive overview of the carbon footprint from different industries, offering lawmakers and industry leaders a clearer picture of where to focus decarbonization efforts.
5. The bill seeks to generate data to guide policy decisions and industry practices in order to significantly reduce greenhouse gas emissions nationwide, possibly triggering a greener shift in various business operations.
In 2019, the total greenhouse gas emissions in the United States were 6,558 million metric tons of carbon dioxide equivalent, representing a 2% increase from 1990 levels according to the U.S Environmental Protection Agency.
This proposed legislation aims to provide a comprehensive overview of the carbon footprint generated by different industries. It will offer lawmakers, as well as industry leaders, a clearer picture of where to focus their decarbonization efforts. More precisely, the bill seeks to generate data that will guide policy decisions and industry practices to significantly reduce greenhouse gas emissions across the nation. Such move may trigger a greener shift in various business operations, from agriculture and transportation to manufacturing and energy production.