Puerto Rico Carbon Dioxide Storage Agreement

State:
Multi-State
Control #:
US-OG-949
Format:
Word; 
Rich Text
Instant download

Description

This form is a carbon dioxide storage agreement.
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FAQ

In 2021, CO2 emissions for Puerto Rico was 1.3 million tonnes. Though Puerto Rico CO2 emissions fluctuated substantially in recent years, it tended to increase through 1972 - 2021 period ending at 1.3 million tonnes in 2021.

In 2019, the Puerto Rico legislature passed the Puerto Rico Energy Public Policy Act (Act 17) , setting a goal for the commonwealth to meet 100% of its electricity needs with renewable energy by 2050, with interim targets of 40% by 2025, 60% by 2040, the phaseout of coal-fired generation by 2028, and a 30% improvement ...

As the oceans and atmosphere continue to warm, sea level around Puerto Rico is likely to rise one to three feet in the next century. Rising sea level submerges marshes, mangroves, and dry land; erodes beaches; and exacerbates coastal flooding.

Passed in August 2022, the Inflation Reduction Act is the most significant legislation in U.S. history to tackle the climate crisis and strengthen American energy security.

On September 23, 2021, EPA issued a final rule that will phase down the U.S. production and consumption of HFCs by 85% over the next 15 years, as mandated by the AIM Act. A global phasedown of HFCs is expected to avoid up to 0.5°C of global warming by 2100.

In 2019, Puerto Rico passed the Puerto Rico Energy Public Policy Act, which set a goal of 100% renewable energy by 2050. The Act sets interim goals of 40% renewables by 2025 and 60% by 2040.

The main driver of climate change is the greenhouse effect. Some gases in the Earth's atmosphere act a bit like the glass in a greenhouse, trapping the sun's heat and stopping it from leaking back into space and causing global warming.

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Puerto Rico Carbon Dioxide Storage Agreement