The Kyoto Protocol

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

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The Kyoto Protocol

  1. 1. The Kyoto Protocol
  2. 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. 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. 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. 5. Asianet Services Ltd. Estimated Cost of Generating Electricity (Cents per kWh) Source : PB Power 2004
  6. 6. Asianet Services Estimated Cost of Generating Electricity (Cents per kWh) Source : PB Power 2004
  7. 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. 8. So How Does the CDM Work ? <ul><li>The Kyoto Protocol is an International Agreement to Reduce Greenhouse Gases </li></ul><ul><li>Cut Emissions and Stop Global Warming…. </li></ul><ul><li>Great Idea </li></ul>
  9. 9. So How Does the CDM Work ? <ul><li>Clean Technology Costs ALOT More than Older (Polluting) Technologies </li></ul><ul><li>Should Developing Nations Such as China, India, Thailand, Vietnam Forego Economic Development Because of the Cost of Clean Technology ? </li></ul><ul><li>Surely The Problem Has Been Caused by the Developed World over the Past 200 Years….. </li></ul>
  10. 10. <ul><li>Kyoto Includes &quot;Flexible Mechanisms&quot; Which Allow Annex I Economies To Meet Their Greenhouse Gas Emission Limitation By Purchasing GHG Emission Reductions From Elsewhere. </li></ul>So How Does the CDM Work ?
  11. 11. <ul><li>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. </li></ul>So How Does the CDM Work ?
  12. 12. <ul><li>Annex I Countries </li></ul><ul><ul><li>Western Europe </li></ul></ul><ul><ul><li>USA and Canada </li></ul></ul><ul><ul><li>Australia </li></ul></ul><ul><li>Non-Annex I Countries </li></ul><ul><ul><li>Emerging Economies in Asia, Latin America and Africa </li></ul></ul>So How Does the CDM Work ?
  13. 13. <ul><li>European Governments Have Committed To Reducing Greenhouse Gas Emissions By 8% Compared to the 1990 Emissions </li></ul><ul><li>Each Government Allocates an Allowance to Businesses in Their Countries </li></ul>So How Does the CDM Work ?
  14. 14. Thankyou for your Attention <ul><li>Other Presentations Include </li></ul><ul><ul><li>What is Global Warming ? </li></ul></ul><ul><ul><li>The Kyoto Proto col and the Clean Development Mechanism </li></ul></ul><ul><ul><li>Asianet Services </li></ul></ul>

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