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CarbonCredit-V4

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Transcript

  • 1. Carbon Credit 1
  • 2. Team Members5449249 Kolatas Manaspiti5449307 Narudom Roongsiriwong5449238 Pisiith Denjaruwong5449311 Salisa Mungruan5449062 Varaporn Pangboonyanon
  • 3. IntroductionThe Greenhouse Effect
  • 4. World Greenhouse Gas Emissions in 2000 Source: World Resources Institute (data for year 2000)
  • 5. What is Carbon Credit?
  • 6. AcronymsUNFCCC United Nation Framework Convention on Climate ChangeGHG Greenhouse GasMtCO2e Metric Tonne Carbon Dioxide EquivalentAAU Assigned Amount Units, allocated only to Annex IERU Emission Reduction UnitCER Certified Emission Reduction
  • 7. UNFCCC: Kyoto Protocol
  • 8. How to Evaluate ERU & CER? CO2 Tons of Reduction CO2 Reduced CH4 CH4 Tons of Reduction CO2e Reduced
  • 9. Annex I CountriesAustralia Austria Belarus* BelgiumBulgaria* Canada Croatia Czech Rep*Denmark EC Estonia* FinlandFrance Germany Greece Hungary*Iceland Ireland Italy JapanLatvia* Liechtenstein Lithuania* LuxembourgNetherlands New Zealand Norway Poland*Portugal Romania* Russia* Slovakia*Slovenia* Spain Sweden SwitzerlandTurkey Ukraine* UK USA
  • 10. Carbon Credit A generic term to assign a value to a reduction or offset of greenhouse gas emissions.. usually equivalent to one tonne of carbon dioxide equivalent (CO2-e). Definition from The Environment Protection Authority of VictoriaCarbon Credit can be from – Assigned Amount Units (AAU) trading – Emission Reduction Unit (ERU) – Certified Emission Reduction (CER)
  • 11. JI: Acquisition of ERUs Emission Cap Annex I Country A Over Emission Cap Annex I Countries GHG GHG Acquisition ofemissions in emissions in ERUshost country host country corresponding to without the after the emissions project project avoided ERUs transferred added to AAUs in others Annex I countries
  • 12. CDM: Delivery of CERs Non-Annex I Country UNFCCC Annex I Country GHG GHGemissions in emissions in Deliveryhost country host country of CERs without the after the project project CERs added to AAUs in Annex I Country
  • 13. Carbon Credit Demand & Supply
  • 14. World Demands for Carbon Credit
  • 15. Carbon Credit Demand Increase Implementation of policies that require GHG reduction Consumer demand for GHG neutral products (questioning?) Climate change, too hot or too cold Energy price decrease
  • 16. Carbon Credit Demand Decrease Policies that improve energy use efficiency Energy price increase Lower price of alternative energies Technologies that reduce the fuel requirement
  • 17. Carbon Credit Supply Increase Lower cost technologies to create carbon credit Implement GHG reduction policies Incentive to adopt tillage & soil management system (ie. planting forest)
  • 18. Carbon Credit Supply Decrease Policies limiting the types of emission reduction techniques for generating credits
  • 19. Factors Affecting Demand & Supply
  • 20. Thailand and Carbon Credit
  • 21. Carbon Credit in Thailand Non Annex I country Thailand Greenhouse Gas Management Organization(TGO)
  • 22. CDM projects in Thailand Letter of Approval (LoA) for 160 projects The number of registered project is 66 projects. 10 CDM projects in Thailand that received CERs The amount of CERs issued is now 1.045 MtCO2e.Thailand CDM Projects. TGO.http://www.tgo.or.th/english/index.php?option=com_content&view=category&id=32&Itemid=46
  • 23. Korat Waste to Energy Use bacteria to turn waste water into biogas and electricityReference:Converting waste to energy and profit, Tapioca starch power in Thailandby Richard Plevin
  • 24. Korat Waste to EnergyReference:Converting waste to energy and profit, Tapioca starch power in Thailandby Richard Plevin
  • 25. Conclusion
  • 26. An Achievement saving Tomorrow, TODAY!! Renewal of Kyoto Protocol until 2017 Reduced 25-40 percent of carbon emission below 1990 levels by 2020 Second commitment begins January 2013
  • 27. ReferencesDeveloping a CDM or JI project to reduce greenhouse gas emissions. Ernst & Young. 2008.The Value of Carbon Credits: Is There A Final Answer? Jeffery R. Williams, Jeffrey M. Peterson, and Siân Mooney. Journal of Soil and Water Conservation Volume 60, Number 2. 2005Thailand Greenhouse Gas Management Organization(TGO). http://www.tgo.or.thHappy ending for Durban climate summit: Kyoto Protocol extended to 2017 http://en.mercopress.com/2011/12/12/happy-ending- for-durban-climate-summit-kyoto-protocol-extended- to-2017
  • 28. Q&A

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