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the Presentation
the Presentation

... The Scottish Government is committed to developing and implementing a framework and set of tools to assess the carbon impact of individual Scottish Government policies, programmes and projects, and the carbon impact of total Government spend. ...
POSITION Choosing between stagnation and change – Why the EU Summary
POSITION Choosing between stagnation and change – Why the EU Summary

... and the Clean Development Mechanism (CDM). According to the provisions of the Emissions Trading Directive, the exact amount of these extended use options depends partly on the actual development of emissions and partly on EU legislative procedures provided for in the Emissions Trading Directive. We ...
Slide 1
Slide 1

... during the first Kyoto commitment period provided the sector contributes to GHG mitigation research to develop effective and costefficient strategies. • The points of obligation within agriculture are processing companies: price impacts likely to be passed on to farmers – Compliance costs would be h ...
Kevin Anderson, EcoCities
Kevin Anderson, EcoCities

... is the right thing to do as part of the global effort to combat climate change …” “ Radical action on carbon emissions is needed in order to pass a viable and safe climate onto future generations …” ...
PDF
PDF

... commodities, in the sho rt run producers will likely McCarl, B.A., M. Gowen, and T. Yeats. "An Im pact gain and consumers lose. In the longer run con- Assessment of Climate Change Mitigati on Policies and sum er losses may be offse t by the benefits from Carbon Permit Prices on the U.S . Agricultura ...
Lecture9 EU climate change
Lecture9 EU climate change

... • Combination of generous allowances and abatement produced an initial price of €30 per tonne, but fell to zero in late 2007, some recovery since then. • Market value of allowances was passed through in electricity prices, even though allowances distributed free, resulting in considerable windfall p ...
Global Climate Change - Florida International University
Global Climate Change - Florida International University

... actions ranging from anti-sprawl land-use policies to urban forest restoration projects ; – Urge their state governments, and the federal government, to enact policies and programs to meet or beat the greenhouse gas emission reduction target suggested for the United States in the Kyoto Protocol – Ur ...
Climate change: Driving forces
Climate change: Driving forces

... It is a global problem that requires global participation to solve; incentives for countries to shirk from efforts Fossil fuels vital, but need to de-carbonize our economies The interests of countries vary substantially according to national circumstances; anticipated emission mitigation costs and i ...
Climate Change and the Kyoto Protocol
Climate Change and the Kyoto Protocol

...  Emissions Trading (“The Carbon Market”)  “Assigned Amount Units”  Sell excess units to countries over their targets.  Joint Implementation  Earn emission reduction units from a reduction in emissions by enhancement of removals by sinks.  The Clean Development Mechanism  Implement an emission ...
What Point of Allocation?
What Point of Allocation?

... Criteria for Identifying the Point of Regulation • Breadth of coverage – Downstream CO2 emission permits likely to include electricity generators; likely to exclude motor vehicles, home furnaces, etc. – Upstream carbon rights provide complete coverage of CO2 emissions, but non-combustion uses of fu ...
6 July 2012 - United Nations Economic Commission for Europe
6 July 2012 - United Nations Economic Commission for Europe

... http://www.ipcc-nggip.iges.or.jp/public/2006gl/index.html Updated UNFCCC reporting guidelines on annual inventories following incorporation of the provisions of decision 14/CP.11 at ...
Climate Change
Climate Change

... Carbon dioxide is not the only greenhouse gas, but it is the main contributor to warming. Other important greenhouse gases include nitrous oxide and methane, both of which have increased in the last century. • The concentration of carbon dioxide has increased primarily due to burning of fossil fuels ...
International Climate Policy UNFCCC and Kyoto
International Climate Policy UNFCCC and Kyoto

... – Requires verification that the greenhouse gas emissions reductions are real, measurable and additional to what would have occurred in the absence of project ...
PDF Download
PDF Download

... In sum, including aviation emissions in the European Trading System for carbon dioxide appears to be neither effective nor efficient. Of course, the first best solution for an emission reduction policy is to have a permit market that covers all emissions, including those from aviation. However, the ...
CAN Europe response to: Consultation on market
CAN Europe response to: Consultation on market

... Currently the EU does not speak with a unified voice at ICAO meetings. This significantly weakens the EU’s impact and undermines a push for strong climate action in the aviation sector. The EU should negotiate at ICAO in a unified single voice that advocates for strong climate action in line with th ...
and `super greenhouse gases`
and `super greenhouse gases`

... the EU would avoid more than 70 Mt CO2e per year (equivalent to more than 10% of the UK’s annual greenhouse gas emissions) by 2030. A recent report by the Committee on Climate Change urged the government to “consider pushing for a more ambitious agreement, with more rapid phase out of some uses of t ...
and view powerpoint file
and view powerpoint file

... agricultural soils, prescribed burning of savannas, field burning of agricultural residues, etc.) > Forestry. ...
Slide 1
Slide 1

... potentially extinct with temperature increase over 2 deg C above present. – For global average temperature increases >4oC, models suggest 45% Amazonian tree species potentially extinct. Source: IPCC, 2008 ...
No Slide Title
No Slide Title

... EU committed to reduction of 8% from 1990 levels Ireland allowed increase of 13% from 1990 levels “Do nothing” scenario projects increase to 37% Already Ireland is over 29% above 1990 levels Amongst worse three performers in Europe Substantial penalties if target not met Essential to arrest this con ...
PPT - Steel Manufacturers Association
PPT - Steel Manufacturers Association

... • Mechanism to limit extreme volatility and spike in allowance prices, especially in the early years of program • Includes program-based and other governmentally certified offsets and, as a last resort, allowances borrowed from future compliance period at system level • Carbon Market Board charged w ...
Flexible climate mechanisms and district heating
Flexible climate mechanisms and district heating

... With the growing attention to climate change and the ever increasing oil and gas prices, renewable energy, district heating and combined heat and power are becoming more and more interesting solutions to energy supply worldwide. The Danish renewable energy (RE) and district heating (DH)/combined hea ...
raphael calel
raphael calel

... experimentation with market-based environmental policy. Since 2000, the UK has adopted a carbon tax (the Climate Change Levy, CCL), negotiated firm-specific emissions abatement agreements (Climate Change Agreements, CCA), launched its own carbon market (the UK Emissions Trading Scheme, UK ETS), and ...
Regulatory Uncertainty in Climate Change Initiatives
Regulatory Uncertainty in Climate Change Initiatives

... signatory has its own required percentage of reduction and these figures are based on the 1990 emissions of the individual state.5 In an effort to encourage signatories to the treaty, particularly developing countries, Kyoto allows the Annex I countries to utilize alternative methods to reduce GHGs ...
Chapter 6 Sealing the Deal to Save the Climate
Chapter 6 Sealing the Deal to Save the Climate

... The accumulation of these waste gases over the decades, is overwhelming the planet’s energy balance and heating up the earth’s surface. Saving the global climate and protecting ecosystems in a warming world must become a national interest for each of nearly 200 independent states. As the world grow ...
DOC - Europa
DOC - Europa

... gas in windows). The existing legislation has already achieved a verifiable reduction of emissions of F-gases and, if fully applied, would make it possible to avoid almost half of projected emissions by 2050, stabilising EU-27 emissions from that sector at today’s levels2. 5. Why is this new proposa ...
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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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