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[object Object],Andrew Collier Carlos Rymer Hao Zh u ang Kubilay Kavak Environmental Strategies Spring 2007
Agenda ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Why Address Greenhouse Gas Emissions (GHGe)? ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Some Strong Evidence
Some Strong Evidence
- There are many causes of global warming, but the most important of them is fossil fuels.  21 st  Century Projections
Kyoto Protocol   - In 1997, industrialized nations began ratifying the Kyoto Protocol.   - In 2001, the U.S. pulled out of the treaty, claiming it would hurt its economy. - The United States established a policy whereby GHGe could be voluntarily reduced. -  The  Kyoto  Protocol entered into force on February 16th, 2005.
The U.S. Voluntary Approach - The Bush Administration has set a goal of reducing the nation’s GHG intensity by 18% by the year 2012 on a voluntary basis.   ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Partnerships and Voluntary Programs ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Carbon Offsets Market   ,[object Object],[object Object],[object Object]
Questions to Consider ,[object Object],[object Object],[object Object]
Climate VISION ,[object Object],[object Object],[object Object],[object Object],[object Object]
Future Mandatory  Policy? ,[object Object],[object Object]
Climate VISION, Electric Power  ,[object Object],[object Object],[object Object],[object Object],[object Object]
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Drawbacks
Climate Leaders ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Climate Leaders (continued) ,[object Object],[object Object],[object Object],[object Object]
[object Object],[object Object]
Summary of Advantages ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Summary of Disadvantages ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
What Should be the Focus? Renewable Energies? Science? Technology? Transportation? Taxation? Mandates? Government Support? Education?
European Union Emission Trading Scheme (EU-ETS) ,[object Object],[object Object],[object Object],[object Object],[object Object]
Timeline for EU-ETS ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Structure  (continue)   ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
“ F lexible Mechanisms”  Under Kyoto: CDM / JI ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
CDM, PDDs by Volume, Mt 0 100 200 300 400 500 600 700 China India Brazil Korea South Africa Mexico Argentina Nigeria Chile Thailand PointCarbon. Nov. 2006
JI PDDs by Volume, MT 0 5 10 15 20 25 30 35 40 Germany Russian Federation Ukraine Romania Bulgaria Czech Republic Hungary Poland New Zealand Estonia Slovakia Lithuania PointCarbon. Nov. 2006
Advantages of the ETS A trading market has some general advantages: ,[object Object],[object Object],[object Object],[object Object],[object Object]
Advantages of the ETS (Cont.) Specifically the ETS has the following advantages: ,[object Object],[object Object],[object Object],[object Object],[object Object]
Disadvantages of the ETS ,[object Object],[object Object],√  Between 1990 and 2003, EU-15 GHG emissions from domestic transport increased by 24 % √  Emissions from domestic transport are projected to increase by 31 % from 1990 levels by 2010 √  The average CO 2  emissions of new passenger cars were reduced by about 12 % from 1995 to 2003, but 16 % more cars were sold in the same period and offset any efficiency gains
Disadvantages of the ETS (Cont.) ,[object Object],[object Object],[object Object]
Disadvantages of the ETS (Cont.) ,[object Object],[object Object],[object Object]
Disadvantages of the ETS (Cont.) ,[object Object],[object Object]
Recommendations for ETS as a Strategy ,[object Object],[object Object],[object Object],[object Object]
Recommendations for ETS as a Strategy ,[object Object],[object Object],[object Object],[object Object]
Recommendation for ETS as a Strategy ,[object Object],[object Object],[object Object],[object Object],[object Object]
EU-ETS  ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Comparison of Approaches US voluntary
Discussion Topics ,[object Object],[object Object],[object Object],[object Object]
Questions? Note : We apologize if the pictures below offend anyone in the audience.

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Carbon Strategies in the U.S. 2001-2009

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  • 6. - There are many causes of global warming, but the most important of them is fossil fuels. 21 st Century Projections
  • 7. Kyoto Protocol - In 1997, industrialized nations began ratifying the Kyoto Protocol. - In 2001, the U.S. pulled out of the treaty, claiming it would hurt its economy. - The United States established a policy whereby GHGe could be voluntarily reduced. - The Kyoto Protocol entered into force on February 16th, 2005.
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  • 21. What Should be the Focus? Renewable Energies? Science? Technology? Transportation? Taxation? Mandates? Government Support? Education?
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  • 26. CDM, PDDs by Volume, Mt 0 100 200 300 400 500 600 700 China India Brazil Korea South Africa Mexico Argentina Nigeria Chile Thailand PointCarbon. Nov. 2006
  • 27. JI PDDs by Volume, MT 0 5 10 15 20 25 30 35 40 Germany Russian Federation Ukraine Romania Bulgaria Czech Republic Hungary Poland New Zealand Estonia Slovakia Lithuania PointCarbon. Nov. 2006
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  • 39. Questions? Note : We apologize if the pictures below offend anyone in the audience.