20121206 COP18 ICLEITokyo Cap & Trade& International Knowledge exchange Yuko Nishida Bureau of Environment Tokyo Metropolitan Government
Tokyo Cap-and-Trade Program (2010-): Outline“The World’s First Urban Cap-and-Trade Program”Covered gas: energy related CO2 emissionsCoverage: 1300 facilities emitting large amount of CO2• Mainly buildings in the commercial sector• Covers 40% of missions from commercial & industrial sector in TokyoCap: 6% reductions for the 1st phase, 17% for the 2nd (two 5yr period)Compliance Obligation: Covered facilities are required 6 or 8% reductions over a 5 year period from their own base year emissionsAllowance allocation: Grand-fathering, for freeEmission Trading: Tradable allowances are limited to the excess reductions over compliance obligations MRV system has established for the programOffset system: renewables, emission reductions in small facilities, etc.
Excellent Results! 1. First year reports from covered facilities In total 13% reductions from the base year emissions 64% of facilities reduced more than their compliance obligations for a year 2. Responding Buildings Sector Vast investment in “Greening” buildings 3. Great help to overcome the power crisis after “Fukushima” Preparedness for the energy scarce situation
Urban Cap-and-Trade is an effective policy toolto reduce emissions from a demand side Cities’ alliance is the key to share knowledge and experiences in depth
Reference TMG Website www.kankyo.metro.tokyo.jp/enf Tokyo Cap& trade www.kankyo.metro.tokyo.jp/en/climate/cap_and_trade.html www.kankyo.metro.tokyo.jp/en/int/TOP30_English.pdf Low Emission Building TOP 30 in Tokyo www.kankyo.metro.tokyo.jp/en/int/top30.html Green Building Program www.kankyo.metro.tokyo.jp/en/climate/build.html Contact email@example.com Yuuko_Nishida@member.metro.tokyo.jp
Overcome the power crisis after the Fukushima accident60mW Peak load in 2010 59.99 mW50mW Demand in 2010 Peak load in 201240mW 50.78 mW Peak Load Cut in 201230mW Demand in 2012 15%, 9.25mW (at peak) 7%, 8.78mW (in 2 months ave.)20mW 1 July 8 July 15 July 22 July 29 July 5 Aug. 12 Aug. 9 Aug. 25 Aug. 31Aug. Peak Power Consumption (from 1 July to 31 Aug.)