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The Fifth Carbon Budget - Committee on Climate Change
The Fifth Carbon Budget - Committee on Climate Change

... 2010, June 2011, June 2012, June 2013, July 2014 and June 2015) and will publish our eighth report in June 2016. The 2015 report was also the Committee’s first joint report, covering progress towards meeting carbon budgets and progress on adaptation to climate change. ...
Can Carbon Sinks be Operational? An RFF Workshop Summary
Can Carbon Sinks be Operational? An RFF Workshop Summary

... Protocol. This debate should be kept separate from the broader issue of sinks’ potential and the steps needed to realize that potential. In what follows we summarize the discussion of key issues at the workshop. 1. Problems of measurement and monitoring for sinks do exist but are manageable. The con ...
Including International Forest Carbon Incentives
Including International Forest Carbon Incentives

... (tCO2) could generate reductions of 1–4 billion tCO2/year globally through avoided deforestation. The models suggest that this amount could be as much as doubled if other options such as afforestation and forest management were credited. Economic models can produce cost curves to indicate potential ...
Comparative carbon cycle dynamics of the present and last interglacial
Comparative carbon cycle dynamics of the present and last interglacial

... 2.2.1.1. Natural vegetation dynamics due to climate change and CO2 fertilization. While the d13C of benthic foraminifera and the 18O of atmospheric oxygen could be used as indirect proxies to constrain carbon transfer between the terrestrial biosphere and the ocean during glacial cycles (Ciais et al ...
Comparative carbon cycle dynamics of the present and last interglacial
Comparative carbon cycle dynamics of the present and last interglacial

... 2.2.1.1. Natural vegetation dynamics due to climate change and CO2 fertilization. While the d13C of benthic foraminifera and the 18O of atmospheric oxygen could be used as indirect proxies to constrain carbon transfer between the terrestrial biosphere and the ocean during glacial cycles (Ciais et al ...
Soil Carbon Research Program - Department of Agriculture and
Soil Carbon Research Program - Department of Agriculture and

... The Australian Government acting through the Department of Agriculture, Fisheries and Forestry has exercised due care and skill in the preparation and compilation of the information and data in this publication. Notwithstanding, the Department of Agriculture, Fisheries and Forestry, its employees an ...
CHAPTER I INTRODUCTION Climate is one of the essential and
CHAPTER I INTRODUCTION Climate is one of the essential and

... practices can support the uptake and the reduction of GHGs. Some agricultural activities can increase the amount of organic matter and carbon in the soil by using cover crops or reduce the emissions of methane through improving feeding practices. Sustainable forest management can avoid the destructi ...
A Question of Balance - Yale Economics
A Question of Balance - Yale Economics

... mean surface temperature will rise sharply in the next century and beyond. Climate Change 2007, the Fourth Assessment Report of the Intergovernmental Panel on Climate Change (IPCC 2007a, 2007b), gives a best estimate of the global temperature increase over the coming century as from 1.8 to 4.0°C. Al ...
Living within a Carbon Budget
Living within a Carbon Budget

... 7.6.1 EU ETS: A key instrument.............................................................................................140 7.6.2 Expanding EU ETS.........................................................................................................140 7.6.3 Trading alongside EU ETS ........... ...
Warming the world : economic models of global
Warming the world : economic models of global

... into the atmosphere trace gases like carbon dioxide that promise to change the global climate, adding ozone-depleting chemicals, engineering massive land-use changes, and depleting multitudes of species in their natural habitats, even as we create in the laboratory new organisms with unknown propert ...
State of the Voluntary Carbon Markets 2007
State of the Voluntary Carbon Markets 2007

... Based on these figures, we estimate that the voluntary OTC market was worth US$54.9 million in 2006. Together with the CCX market, whose prices ranged from around US$1.50 to almost US$5, we estimate the global voluntary market was worth US$91 million in 2006. The flexibility of the voluntary markets ...
Optimal Dynamic Carbon Taxes in a Climate
Optimal Dynamic Carbon Taxes in a Climate

... WG I, 2007). Moreover, "most" of the observed temperature increase is "very likely" due to anthropogenic greenhouse gas emissions, most importantly carbon dioxide (IPCC WG I, 2007). Climate change is expected to a¤ect human welfare through numerous channels. These include changes in agricultural pro ...
Carbon Management Accounting - Leuphana Universität Lüneburg
Carbon Management Accounting - Leuphana Universität Lüneburg

... been little evidence obtained about what kind of information is actually collected, how often the information is collected, and why it is collected. Despite these gaps in knowledge, carbon management accounting has been evolving as a tool to support managers in utilising carbon-related information ( ...
Fourth Carbon Budget Review – part 2
Fourth Carbon Budget Review – part 2

... to consider. As in our original advice, we find that to the extent that the budget has negative impacts these can be managed given an appropriate policy response. Government has a number of suitable policies in place, but will need to extend and clarify these to ensure they are fully effective. Howe ...
Quasi-100 ky glacial-interglacial cycles triggered by - HAL-Insu
Quasi-100 ky glacial-interglacial cycles triggered by - HAL-Insu

... these estimates, but the number 500 GtC (1 GtC is 1 gigaton or 1 petagram or 1015 g of carbon; hereafter Gt in accord with paleoclimate tradition) has established itself in the literature, corresponding to a 0.35‰ lower mean glacial ocean δ 13 C (Curry et al., 1988; Duplessy et al., 1988). Thus the ...
Consequences of Considering Carbon–Nitrogen
Consequences of Considering Carbon–Nitrogen

... plant growth could increase from 24% to 54% in response to doubled CO2 given adequate nutrients and water (Raich et al. 1991; McGuire et al. 1992; Gunderson and Wullschleger 1994; Curtis and Wang 1998; Norby et al. 1999, 2005). A 24% response to doubled CO2 would correspond to a kC value of 215 ppmv ...
Working Paper 219 - Kessler (opens in new window)
Working Paper 219 - Kessler (opens in new window)

... of mitigation policies. Firstly, in the context of the classical approach of marginal costs and benefits analysis, adding the PCF in a climate-economy model is likely to have an impact on estimates of the social cost of carbon i.e., the net present value of the marginal benefit of mitigation. Second ...
Covenant of Mayors - Visit South Tyneside
Covenant of Mayors - Visit South Tyneside

... 25 The UK Government announced ‘Carbon Budgets’ for emissions alongside the financial Budget on 22nd April 2009. The targets set for these were an 80 % reduction by 2050, based on a 1990 baseline, and an interim target of 34 % reduction by 2020. 26 The percentage reduction target agreed by North Eas ...
Forests and carbon: valuation, discounting and risk management
Forests and carbon: valuation, discounting and risk management

... $1/tCO2e to around $47/tCO2e ($4/tC–$182/tC), in part highlighting the importance of differences of quality and type. Prices may increase as more stringent climate change policy targets are introduced, but this will also depend upon a range of other factors, including any changes in coverage of nati ...
(2012) Blue Carbon Policy Framework 2.0
(2012) Blue Carbon Policy Framework 2.0

... The storage of carbon is the consequence of the capacity of those ecosystems to act as a net carbon sink over very long periods of time. If these ecosystems are degraded or damaged by human activities, their carbon sink capacity is lost and the resulting emissions of carbon dioxide (CO2) contribute ...
Revenue Recycling - Ecofiscal Commission
Revenue Recycling - Ecofiscal Commission

... years. Soft labour markets and weakened employment insurance coverage have heightened economic insecurity, and many Canadians feel pressured financially. Promises that a carbon price, which visibly adds to the day-to-day cost of living, will be somehow offset by invisible benefits sometime far in th ...
Sinks that stink - World Rainforest Movement
Sinks that stink - World Rainforest Movement

... International; Greenpeace New Zealand; IIASA; IPS; Japan Tropical Forest Action Network (JATAN); Native Forests Network, Tasmania; NorWatch; Rainforest Relief; Red por una América Latina Libre de Transgénicos; Republic of Uganda, Forest Department; Tellus Institute and Stockholm Environment ...
Quantifying uncertainties of permafrost carbon
Quantifying uncertainties of permafrost carbon

... permafrost carbon response is dependent on the temporal trajectory of warming as well as the absolute amount of warming. We propose a new policy relevant metric - the Frozen Carbon Vulnerability timescale (FCVt) in years - that can be derived from the more complex land surface models and used to qua ...
10-054a - Victorian Legislation
10-054a - Victorian Legislation

... irreversible loss or damage as a result of climate change. 11 Principle of complementarity A decision of the Government of Victoria in response to climate change should complement any actions of the Commonwealth Government relating to climate change including, but not limited to, an emissions tradin ...
Future of carbon capture and storage in the UK
Future of carbon capture and storage in the UK

... as Contracts for Difference (CfDs)—to support the initial stages of commercialisation. In November 2015, just weeks before the final bids were to be submitted in this process, the Government unexpectedly announced that the money was no longer available. This decision came as a shock to the industry ...
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Carbon pricing in Australia

A carbon pricing scheme in Australia, commonly referred to as the ""Carbon tax"", was introduced by the Gillard Government and became effective on 1 July 2012, and was in operation until it was repealed by the Australian senate on 17 July 2014. The scheme required entities which emit over 25,000 tonnes per year of Carbon dioxide equivalent greenhouse gases and which were not in the transport or agriculture sectors to obtain emissions permits. The Department of Climate Change stated there were 260 liable entities in June 2013. Approximately 185 discrete companies paid the carbon tax in 2013. Permits are either purchased or issued free as part of industry assistance measures.The pricing was part of a broad energy reform package called the Clean Energy Plan, which aimed to reduce greenhouse gas emissions in Australia by 5% below 2000 levels by 2020 and 80% below 2000 levels by 2050. The plan set out to achieve these targets by encouraging Australia's largest emitters to increase energy efficiency and invest in sustainable energy. The scheme was administered by the Clean Energy Regulator. Compensation to industry and households was funded by the revenue derived from the charge. Initially the price of a permit for one tonne of carbon was fixed at $23 for the 2012–13 financial year, with unlimited permits being available from the Government. The fixed price rose to $24.15 for 2013–14. The government announced a transition to an emissions trading scheme in 2014–15, where the available permits will be limited in line with a pollution cap. The scheme primarily applied to electricity generators and industrial sectors. It did not apply to road transport and agriculture. Domestic aviation did not face the carbon tax per se, but was subject to an additional fuel excise levy of approximately 6 cents per litre.Falls in carbon emissions were observed following implementation of this policy. It was noted that emissions from sectors subject to the pricing mechanism were1.0% lower and nine months after the introduction of the pricing scheme, Australia's emissions of carbon dioxide from electricity generation had fallen to a 10-year low, with coal generation down 11% from 2008 to 2009. However, attribution of these trends to carbon pricing have been disputed, with Frontier Economics claiming trends are largely explained by factors unrelated to the carbon tax. Electricity demand had been falling and in 2012 was at the lowest level seen since 2006 in the National Electricity Market.
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