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Economic Analysis of the Kyoto Protocol Jeffrey A. Frankel, Member
Economic Analysis of the Kyoto Protocol Jeffrey A. Frankel, Member

... Because the results from any model must be treated with caution, the Administration has employed a broad set of economic tools to assess the Kyoto Protocol. We have drawn on the insights of a wide range of models of the energy sector and economy over the next 25 years, including but not limited to t ...
Kyoto Protocol - Earth and Architecture
Kyoto Protocol - Earth and Architecture

... Some of the principal concepts of the Kyoto Protocol are: Binding commitments for the Annex I Parties.8 The commitments were based on the Berlin Mandate, which was a part of UNFCCC negotiations leading up to the Protocol. Implementation. In order to meet the objectives of the Protocol, Annex I Parti ...
International treaties, negotiations and Bangladesh position
International treaties, negotiations and Bangladesh position

... Joint implementation (JI) allows Annex I Parties to implement projects that reduce emissions, or increase removals by sinks, in the territories of other Annex I Parties. ...
Green Market Responses to Global Governance: International
Green Market Responses to Global Governance: International

... financial barrier in relation to new market entrants from abroad. To compete in a system with a cap-and-trade in place, foreign companies are forced to buy all needed permits from existing firms. Consequently, the free allocation of allowances to local firms harshens rivals’ costs of competition an ...
the low-carbon development strategy of cyprus
the low-carbon development strategy of cyprus

... The view of the European Union, as this has been expressed by the European Council in March 2007, is that in order to meet this objective, the overall global annual mean surface temperature increase should not exceed 2 °C above pre-industrial levels, which implies that global greenhouse gas emission ...
Colloquium on Environmental Aspects of Aviation
Colloquium on Environmental Aspects of Aviation

... • What use can be made of units acquired through one of the mechanisms? • Should there be a fee on all mechanisms to fund adaptation? ...
Carbon Reduction Policies
Carbon Reduction Policies

... – Over time the scheme cap will reduce in line with Australia’s international obligations – Long-term certainty for investment ...
The Global Carbon Initiative
The Global Carbon Initiative

... that would prevent dangerous anthropogenic interference with the climate system” QELROs for OECD countries and EITs (Annex I) to reduce emissions of six GHGs on average 5.2% below 1990 levels in 2008 - 2012 Kyoto Mechanisms: JI; CDM; Emissions Trading ...
Greener Skies response - Aviation Environment Federation
Greener Skies response - Aviation Environment Federation

... fuels. The UK is required to submit this information as a memo item to UNFCCC along with our annual GHG inventory, and accordingly the Government has for several years compiled and reported official figures for emissions from international aviation.9 The official Netcen figures go back to 1990 and s ...
Abstract
Abstract

... The NEEDS database of existing generating units (EPA 2010a) forms the basis of IFA. Using fuel prices (EIA 2010) and operating characteristics for each plant (EPA 2010a,b) merit-order dispatch curves are calculated at a regional level. Together with load curves (EPA 2010b), this allows IFA to estima ...
Climate Change & Energy
Climate Change & Energy

... Transport & Carbon Price ...
Kyoto – Marrakech: SINKS
Kyoto – Marrakech: SINKS

... Small but potentially significant movement from G77 on mitigation: China, Brazil, South Africa Some signs of acceptance of the IPCC AR4 science ...
Annex I Parties
Annex I Parties

... 1. in-depth reviews of fourth national communications, which are due by January 1, 2006 (all Annex I Parties) 2. annual technical reviews of national GHG inventories (all Annex I Parties) 3. reviews of reports demonstrating progress achieved in meeting commitments under KP (RDPs) (Annex I KP Parties ...
Alberta: N Amer 1st compliance offset C market
Alberta: N Amer 1st compliance offset C market

... Specified Gas Emitters Regulation ...
TURKEY`S POSITION IN RELATION TO THE KYOTO PROTOCOL
TURKEY`S POSITION IN RELATION TO THE KYOTO PROTOCOL

... trough implementing of Nationally Appropriate Mitigation Actions (NAMAs) In Copenhagen (December 2009) Parties to agree on the main features of the post 2012 climate change regime, both under the KP and the UNFCCC ...
Economic, Environmental and International Trade Effects of the EU
Economic, Environmental and International Trade Effects of the EU

... Partial harmonization • reduces energy demand and CO2 emissions only slightly • implies GDP losses for new Member Countries, positive effects for old Member Countries ...
Jurgen Lefevere, EC
Jurgen Lefevere, EC

... Notes: Data exclude emissions and removals from land-use, land-use change and forestry. All EU-15 Member States provided projections assuming existing domestic policies and measures. Several countries provided projections with additional domestic policies and measures. For following Member States th ...
Official Information Act Response 20160293
Official Information Act Response 20160293

... that the whole world takes to reduce emissions, not just New Zealand. The costs of inaction will be large but are hard to predict accurately and hard to express in monetary terms. This is also the case for modelling co-benefits of action such as air quality and health benefits. ...
Greenhouse Gas Accounting Terminology
Greenhouse Gas Accounting Terminology

... Offset: An emissions reduction achieved by undertaking a GHG reduction project  Offset Company: A company whose primary purpose is to create or sell offsets, either directly  to consumers or through another organization that wish to offer offsets to their clients.  Offset Provider: Offset providers  ...
Type of relationships in GHG emission trading scheme
Type of relationships in GHG emission trading scheme

... • To be a Party to the Kyoto Protocol; • To adopt national rules and procedures of adopting the projects, their monitoring and verification; • To establish national system for the estimation of anthropogenic emissions by sources and anthropogenic removals by sinks of all greenhouse gases not control ...
Glossary of Climate Policy Terms
Glossary of Climate Policy Terms

... When a portion of country emission or deforestation reductions do not result in global reductions as such activities have actually shifted from one country to another. For example, a company may move factories to a different country in order to avoid emission restrictions, causing lower emissions in ...
Examining the Australian climate change regime
Examining the Australian climate change regime

...  Thus, all taxpayers with an income below $80,000 have effectively received tax cuts from 1 July 1 2012. ...
Expanding and reinforcing the objectives of the Kyoto Protocol –
Expanding and reinforcing the objectives of the Kyoto Protocol –

... Global Warming occurs from the ever increasing release of greenhouse gases such as carbon dioxide (CO2), as well as the following gases methane (CH4), nitrous oxide (N2O), HFC, PFC, and SF6 into the environment. Fossil fuels release these gases when they are burned. The risk that CO2 being released ...
Greenhouse Gas Emissions and
Greenhouse Gas Emissions and

... Canadian provinces creating uniform standards and GHG emissions reporting system. (www.theclimateregistry.org) ...
here
here

... climate conference at Copenhagen in December 2009 ...
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European Union Emission Trading Scheme

The European Union Emissions Trading System (EU ETS), also known as the European Union Emissions Trading Scheme, was the first large greenhouse gas emissions trading scheme in the world, and remains the biggest. It was launched in 2005 to fight Global warming and is a major pillar of EU climate policy. As of 2013, the EU ETS covers more than 11,000 factories, power stations, and other installations with a net heat excess of 20 MW in 31 countries—all 28 EU member states plus Iceland, Norway, and Liechtenstein. The installations regulated by the EU ETS are collectively responsible in 2008 for close to half of the EU's anthropogenic emissions of CO2 and 40% of its total greenhouse gas emissions. The taxation of electricity producers (power stations) for the emissions of CO2 has been controversial as globally, governments have refused to accept the additional burden while many have repealed such schemes such as Canada in 2011 and Australia in 2014.Under the 'cap and trade' principle, a maximum (cap) is set on the total amount of greenhouse gases that can be emitted by all participating installations. 'Allowances' for emissions are then auctioned off or allocated for free, and can subsequently be traded. Installations must monitor and report their CO2 emissions, ensuring they hand in enough allowances to the authorities to cover their emissions. If emission exceeds what is permitted by its allowances, an installation must purchase allowances from others. Conversely, if an installation has performed well at reducing its emissions, it can sell its leftover credits. This allows the system to find the most cost-effective ways of reducing emissions without significant government intervention.The scheme has been divided into a number of ""trading periods"". The first ETS trading period lasted three years, from January 2005 to December 2007. The second trading period ran from January 2008 until December 2012, coinciding with the first commitment period of the Kyoto Protocol. The third trading period began in January 2013 and will span until December 2020. Compared to 2005, when the EU ETS was first implemented, the proposed caps for 2020 represents a 21% reduction of greenhouse gases. This target has been reached 6 years early as emissions in the ETS fell to 1812 mln tonnes in 2014.The EU ETS has seen a number of significant changes, with the first trading period described as a 'learning by doing' phase.Phase III sees a turn to auctioning a majority of permits rather than allocating freely; harmonisation of rules for the remaining allocations; and the inclusion of other greenhouse gases, such as nitrous oxide and perfluorocarbons. In 2012, the EU ETS was also extended to the airline industry, though this has been paused for one year given the possibility of a global system for these emissions. The price of EU ETS carbon credits has been lower than intended, with a large surplus of allowances, in part because of the impact of the recent economic crisis on demand. In 2012, the Commission said it would delay the auctioning of some allowances. Currently legislation is under way which would introduce a Market Stability Reserve to the EU ETS that adjusts the annual supply of CO2 permits based on the CO2 permits in circulation
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