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The  Kyoto  Protocol
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A brief outline of how the Kyoto Protocol sought to address the issue through market mechanics

A brief outline of how the Kyoto Protocol sought to address the issue through market mechanics

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Transcript

  • 1. The Kyoto Protocol
  • 2. The Kyoto Protocol The Kyoto Protocol Is A Protocol To The International Framework Convention On Climate Change With The Objective Of Reducing Greenhouse Gases That Cause Climate Change
  • 3. The Kyoto Protocol It is Now Accepted that the Burning of Fossil Fuels Emits C arbon Dioxide Which in Turn Causes Global Warming The Problem is that Fossil Fuels Represent Known, Reliable and Cheap Technology, whereas Renewables are More Risky and Expensive
  • 4. Asianet Services Ltd. Current Carbon Footprint of Electricity Generation Technologies Life Cycle CO 2 Emissions Source : UK Government, Parliamentary Office of Science and Technology 2006
  • 5. Asianet Services Ltd. Estimated Cost of Generating Electricity (Cents per kWh) Source : PB Power 2004
  • 6. Asianet Services Estimated Cost of Generating Electricity (Cents per kWh) Source : PB Power 2004
  • 7. Asianet Services Estimated Cost of Generating Electricity (Cents per kWh) Source : PB Power 2004 and UK Government, Parliamentary Office of Science and Technology 2006
  • 8. So How Does the CDM Work ?
    • The Kyoto Protocol is an International Agreement to Reduce Greenhouse Gases
    • Cut Emissions and Stop Global Warming….
    • Great Idea
  • 9. So How Does the CDM Work ?
    • Clean Technology Costs ALOT More than Older (Polluting) Technologies
    • Should Developing Nations Such as China, India, Thailand, Vietnam Forego Economic Development Because of the Cost of Clean Technology ?
    • Surely The Problem Has Been Caused by the Developed World over the Past 200 Years…..
  • 10.
    • Kyoto Includes "Flexible Mechanisms" Which Allow Annex I Economies To Meet Their Greenhouse Gas Emission Limitation By Purchasing GHG Emission Reductions From Elsewhere.
    So How Does the CDM Work ?
  • 11.
    • These Can Be Bought Either From Financial Exchanges, From Projects Which Reduce Emissions In Non-annex I Economies Under The Clean Development Mechanism (CDM), From Other Annex 1 Countries Under The JI, Or From Annex I Countries With Excess Allowances.
    So How Does the CDM Work ?
  • 12.
    • Annex I Countries
      • Western Europe
      • USA and Canada
      • Australia
    • Non-Annex I Countries
      • Emerging Economies in Asia, Latin America and Africa
    So How Does the CDM Work ?
  • 13.
    • European Governments Have Committed To Reducing Greenhouse Gas Emissions By 8% Compared to the 1990 Emissions
    • Each Government Allocates an Allowance to Businesses in Their Countries
    So How Does the CDM Work ?
  • 14. Thankyou for your Attention
    • Other Presentations Include
      • What is Global Warming ?
      • The Kyoto Proto col and the Clean Development Mechanism
      • Asianet Services