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How does the emission trading scheme work?
 
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Emission trading scheme? Cap and trade? What do these words mean? Like us https://www.facebook.com/CarbonControl Follow us https://twitter.com/CarbonControl Author: Norwegian Ministry of Environment
Views: 137770 Carbon Control
Carbon Trading & Kyoto Protocol: Understanding the 3 Mechanism (Examrace)
 
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Dr. Manishika Jain in this video explains the concept of carbon trading and Kyoto Protocol. Details are given below: Kyoto Protocol & Carbon Trading Kyoto Protocol Adopted on 11 December 1997 Came in force on 16 February 2005 COP7 at Marrakesh - Rules for implementation were adopted & called "Marrakesh Accords." 1st commitment period started in 2008 and ended in 2012 - GHG ↓5% against 1990 level Aim to reduce emissions 2012- Doha Amendments – 2nd Commitment period 2013 to 2020 - GHG ↓18% against 1990 level Carbon Trading / Cap & Trade 1 𝐶𝑎𝑟𝑏𝑜𝑛 𝑈𝑛𝑖𝑡=1 𝑡𝑜𝑛 𝑜𝑓 𝐶𝑂2 𝑒𝑞. Kyoto Protocol @0:20 Carbon Trading / Cap & Trade @6:02 Mechanism @9:52 Carbon Offsets @19:25 #Reduction #Development #Emission #Mechanism #Pollute #Rewarded #Trading #Financially #Emissions #Amendments #Manishika #Examrace Mechanism Annex B – Targets to limit emissions as “Assigned Amount Units (AAU)” Removal Unit (RMU): Based on land use, land-use change and forestry (LULUCF) activities like reforestation Emission Reduction Unit (ERU): By joint implementation Certified Emission Reduction (CER): By clean development mechanism Carbon Offsets Are form of trade. If buy - ↓ GHG emissions Restore forests Update power plants and factories Increase energy efficiency of buildings and transportation Let you pay to reduce the global GHG total Register: http://www.examrace.com/Updates/UpdateRegister.html For NET Paper 1 Study material refer - http://www.examrace.com/CBSE-UGC-NET/CBSE-UGC-NET-FlexiPrep-Program/Postal-Courses/Examrace-CBSE-UGC-NET-Paper-I-Series.htm
Views: 62495 Examrace
Kyoto Protocol to UNFCCC: Flexibility mechanisms: CDM, JI and Emission trading
 
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To Download Environment PDF slides click here : https://imojo.in/33wucm (PDF slides of all the environment videos, 700 slides) For free Video lectures and study materials on UPSC IAS Preparation, Please visit, Website : www.thinkersias.com Youtube Channel : Thinkers IAS (www.youtube.com/upscgeneralstudies) For any doubts - Please feel free to contact [email protected] Here to the links to all the videos for UPSC IAS Preparation, Ethics, Integrity and Aptitude https://www.youtube.com/watch?v=-FgEwqKkJbM&t=5s&index=2&list=PL11qqSwe0f6SmHI45eNFZrGwftQBx8ZPF Ancient History for UPSC IAS Preparation https://www.youtube.com/watch?v=M-bNz7wDLd0&list=PL11qqSwe0f6QX8wsd2G0rUV8adkpaI9KL Current affairs analysis Sample videos https://www.youtube.com/watch?v=1PuEVnBZdqQ&list=PL11qqSwe0f6SmHI45eNFZrGwftQBx8ZPF Geography for UPSC IAS https://www.youtube.com/watch?v=rZMLJSNDa4k&list=PL11qqSwe0f6RY1_5OAXZb_MBnC_hWrKNT&index=2 Indian Art and Culture for UPSC IAS https://www.youtube.com/watch?v=m4UVV9WR93s&index=2&list=PL11qqSwe0f6Sfc9MhJP2NUamLMrC5AxF1 Environment, Ecology and Agriculture for UPSC IAS Preparation https://www.youtube.com/watch?v=U96nR89wa5Q&list=PL11qqSwe0f6SDbS2gOIxpYdwlqP2LvRtY Contemporary issues https://www.youtube.com/watch?v=1PuEVnBZdqQ&list=PL11qqSwe0f6RfWdOjAS5R8jFLbeOBWPEy Security and International relations https://www.youtube.com/watch?v=YcE9bMjXB_Y&list=PL11qqSwe0f6S9HXs-B_itNIKmEl-NvysU&index=2
Views: 26799 Thinkers IAS
Cap And Trade - Carbon Offset - Carbon Footprint - Climate Change - Carbon Scam - Pollution Scam
 
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Watch this entertaining video to understand how the cap n trade bill, the carbon offset etc. works. Its all a big scam that makes the poor and those who pollute LESS, pay MORE!
Views: 68173 brainphreak
Emissions Trading Scheme (ETS) For Dummies
 
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We are just about to stat a conversation about the Governments emissions trading scheme. We though we better make a dummies guide to the ETS just in case you are not familiar with the details
Views: 7761 Gareth Morgan
Kyoto Protocol - के बारे में जानिये - UPSC/PSC के छात्रों के लिए
 
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Views: 225217 Study IQ education
How does the European Union carbon emissions trading scheme work
 
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Take 4 minutes to understand how does the European Union carbon emissions trading scheme work.
Views: 13909 ademe
The European Union Emissions Trading System
 
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With the U.S. backing away from a cap-and-trade system, the EU Emissions Trading System (ETS) stands as a solitary, iconic, and often-criticized outpost for market-based approaches for limiting green house gas emissions. A. Denny Ellerman evaluates the performance and prospects of the EU ETS and consider whether it, and the global trading vision embodied in the Kyoto Protocol, is at a dead end or, despite all the difficulties, is still the way to an effective global climate policy. [10/2011] [Public Affairs] [Show ID: 22632]
Carbon emission trading
 
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Carbon emissions trading is a form of emissions trading that specifically targets carbon dioxide and it currently constitutes the bulk of emissions trading. This form of permit trading is a common method countries utilize in order to meet their obligations specified by the Kyoto Protocol; namely the reduction of carbon emissions in an attempt to reduce future climate change. This video is targeted to blind users. Attribution: Article text available under CC-BY-SA Creative Commons image source in video
Views: 147 Audiopedia
What is KYOTO PROTOCOL? What does KYOTO PROTOCOL mean? KYOTO PROTOCOL meaning & explanation
 
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I MAKE CUTE BABIES - https://amzn.to/2DqiynS What is KYOTO PROTOCOL? What does KYOTO PROTOCOL mean? KYOTO PROTOCOL meaning - KYOTO PROTOCOL definition - KYOTO PROTOCOL explanation. The Kyoto Protocol is an international treaty which extends the 1992 United Nations Framework Convention on Climate Change (UNFCCC) that commits State Parties to reduce greenhouse gas emissions, based on the premise that (a) global warming exists and (b) human-made CO2 emissions have caused it. The Kyoto Protocol was adopted in Kyoto, Japan, on 11 December 1997 and entered into force on 16 February 2005. There are currently 192 parties (Canada withdrew effective December 2012) to the Protocol. The Kyoto Protocol implemented the objective of the UNFCCC to fight global warming by reducing greenhouse gas concentrations in the atmosphere to "a level that would prevent dangerous anthropogenic interference with the climate system" (Art. 2). The Protocol is based on the principle of common but differentiated responsibilities: it puts the obligation to reduce current emissions on developed countries on the basis that they are historically responsible for the current levels of greenhouse gases in the atmosphere. The Protocol’s first commitment period started in 2008 and ended in 2012. A second commitment period was agreed on in 2012, known as the Doha Amendment to the protocol, in which 37 countries have binding targets: Australia, the European Union (and its 28 member states), Belarus, Iceland, Kazakhstan, Liechtenstein, Norway, Switzerland, and Ukraine. Belarus, Kazakhstan and Ukraine have stated that they may withdraw from the Protocol or not put into legal force the Amendment with second round targets. Japan, New Zealand and Russia have participated in Kyoto's first-round but have not taken on new targets in the second commitment period. Other developed countries without second-round targets are Canada (which withdrew from the Kyoto Protocol in 2012) and the United States (which has not ratified the Protocol). As of July 2016, 66 states have accepted the Doha Amendment, while entry into force requires the acceptances of 144 states. Of the 37 countries with binding commitments, 7 have ratified. Negotiations were held in the framework of the yearly UNFCCC Climate Change Conferences on measures to be taken after the second commitment period ends in 2020. This resulted in the 2015 adoption of the Paris Agreement, which is a separate instrument under the UNFCCC rather than an amendment of the Kyoto protocol. The view that human activities are likely responsible for most of the observed increase in global mean temperature ("global warming") since the mid-20th century is an accurate reflection of current scientific thinking. Human-induced warming of the climate is expected to continue throughout the 21st century and beyond. The Intergovernmental Panel on Climate Change (IPCC, 2007) have produced a range of projections of what the future increase in global mean temperature might be. The IPCC's projections are "baseline" projections, meaning that they assume no future efforts are made to reduce greenhouse gas emissions. The IPCC projections cover the time period from the beginning of the 21st century to the end of the 21st century. The "likely" range (as assessed to have a greater than 66% probability of being correct, based on the IPCC's expert judgement) is a projected increase in global mean temperature over the 21st century of between 1.1 and 6.4 °C. The range in temperature projections partly reflects different projections of future greenhouse gas emissions. Different projections contain different assumptions of future social and economic development (e.g., economic growth, population level, energy policies), which in turn affects projections of future greenhouse gas (GHG) emissions. The range also reflects uncertainty in the response of the climate system to past and future GHG emissions (measured by the climate sensitivity).
Views: 37887 The Audiopedia
What is the Kyoto Protocol?
 
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What is the Kyoto Protocol? Learn about them it our video. This video was created by Chris Ross. This video was created to support the campaign "Goal 13 - Climate Action". Find more information on our website http://simpleshow-foundation.org/.
Views: 3745 simpleshow foundation
Thiessen: US reduced emissions faster without Kyoto treaty
 
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Former member of Bush administration speaks out on 'The Story'
Views: 1988 Fox News
Trading Pollution For Clean Development ~ Part 1/2
 
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This film gives an introduction to Global warming and the Kyoto Protocol. It shows how one NGO in Karnataka is trading reduced carbon emissions to fund a biogas project, substituting firewood used by villagers. http://francisbuchanan.blogspot.com
Views: 1224 fairblr
Did the Kyoto Protocol work?
 
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The Kyoto Protocol did not work to stop climate change, says Nick Dunlop. The climate negotiations took too long and the result was too weak. Under the Kyoto Treaty proposals, global CO2 emissions increased rather than reducing carbon emissions by 60% to stabilise global warming as the IPCC advised.
Views: 2538 bigpictv
The EU Emissions Trading System explained
 
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The EU emissions trading system (EU ETS) is a cornerstone of the European Union's policy to combat climate change and its key tool for reducing industrial greenhouse gas emissions cost-effectively. Find out how it does so: http://ec.europa.eu/clima/policies/ets Español: https://www.youtube.com/watch?v=LbnbrK9jgRw Francais: https://www.youtube.com/watch?v=YK6IZYtLB5M Polski: https://www.youtube.com/watch?v=_AfRyb4F3kk 中国 (Chinese): https://www.youtube.com/watch?v=sH-IMxNH13o
Views: 74271 EUClimateAction
Climate Change | Greenhouse Gases | How does the emission trading scheme work?
 
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Emission trading scheme? Cap and trade? What do these words mean? And how does it all contribute to reduced emissions of greenhouse gases? This animation shows how the scheme works.
Views: 57476 EuropeanTelevision1
Emissions Trading Scheme
 
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See more videos at: http://talkboard.com.au/ In this video, we look at the basic role of an emissions trading scheme. We consider the role of a CPRS in limiting carbon emissions. The emissions trading scheme has been implemented in many countries around the globe. We want to consider the effectiveness of emissions trading, and an emissions trading scheme. We also look at what impact an emissions trading scheme and emissions trading has on market demand and supply.
Views: 1250 talkboard.com.au
green stocks Carbon trade reforestation causes of global warming l kyoto protocol
 
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green stocks arbon trade reforestation causes of global warming greenpeace international kyoto protocol effects of global warming global warming facts
Views: 388 ecostocks
The Market Of Carbon Credits Explained
 
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Back in 1997, world leaders met and came up with the Kyoto Protocol as their agenda to fight climate change. One of the ways they decided to do this was to create a system of commerce that would make being green and using clean energy more lucrative that using fossil fuels - Carbon Credits. However, this system has now been reduced to a money making racket, increasing the total carbon emissions rather than decreasing them. Should this system be replaced with a simpler one? #CleanEnergy #Pollution #ClimateChange
Views: 2446 WTD News
What is CERTIFIED EMISSION REDUCTION? What does CERTIFIED EMISSION REDUCTION mean?
 
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What is CERTIFIED EMISSION REDUCTION? What does CERTIFIED EMISSION REDUCTION mean? CERTIFIED EMISSION REDUCTION meaning - CERTIFIED EMISSION REDUCTION definition - CERTIFIED EMISSION REDUCTION explanation. Source: Wikipedia.org article, adapted under https://creativecommons.org/licenses/by-sa/3.0/ license. SUBSCRIBE to our Google Earth flights channel - https://www.youtube.com/channel/UC6UuCPh7GrXznZi0Hz2YQnQ Certified Emission Reductions (CERs) are a type of emissions unit (or carbon credits) issued by the Clean Development Mechanism (CDM) Executive Board for emission reductions achieved by CDM projects and verified by a DOE (Designated Operational Entity) under the rules of the Kyoto Protocol. CERs can be used by Annex 1 countries in order to comply with their emission limitation targets or by operators of installations covered by the European Union Emission Trading Scheme (EU ETS) in order to comply with their obligations to surrender EU Allowances, CERs or Emission Reduction Units (ERUs) for the CO2 emissions of their installations. CERs can be held by governmental and private entities on electronic accounts with the UN. CERs can be purchased from the primary market (purchased from an original party that makes the reduction) or secondary market (resold from a marketplace). At present, most of the approved CERs are recorded in CDM Registry accounts only. It is only when the CER is actually sitting in an operator's trading account that its value can be monetized through being traded. The UNFCCC's International Transaction Log has already validated and transferred CERs into the accounts of some national climate registries, although European operators are waiting for the European Commission to facilitate the transfer of their units into the registries of their Member States. Temporary CERs and Long CERs are special types of CERs issued for forestry projects. They are two ways of accounting for non-permanence in forestry CDM project activities. Temporary CER or tCER is a CER issued for an afforestation or reforestation project activity under the CDM which expires at the end of the commitment period following the one during which it was issued. Long-term CER or lCER is a CER issued for an afforestation or reforestation project activity which expires at the end of its crediting period. In August 2008 prices for CERS were $20 a tonne. By September 2012, prices for CERS had collapsed to below $5. This was in response to the Eurozone debt crisis reducing industrial activity and the over-allocation of emission allowances under the European Union Emissions Trading Scheme. The Economist described the Clean Development Mechanism as a "complete disaster in the making" and "in need of a radical overhaul". The Guardian also reported the prolonged downward trend in the price of CERs, which had been traded for as much as $20 (L12.50) a tonne before the global financial crisis to less than $3. In October 2012, CER prices fell to a new low of 1.36 euros a tonne on the London ICE Futures Europe exchange. In October 2012 Thomson Reuters Point Carbon calculated that the oversupply of units from the Clean Development Mechanism and Joint Implementation would be 1,400 million units for the period up to 2020. Point Carbon predicted that CER prices would to drop from €2 to 50 cents. On 12 December 2012 CER prices reached another record low of 31 cents.
Views: 523 The Audiopedia
Clean Development Mechanism Projects for Kyoto Protocol 2012
 
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(www.abndigital.com) Time is running out for project developers in emerging economies to register their Clean Development Mechanism projects ahead of the Kyoto Protocol 2012 deadline. The CDM was developed to encourage developing countries, not bound by the Protocol to reduce their greenhouse gas emissions and to adopt emission-reduction projects. These generate carbon credits which can be sold to industrialised nations to help meet their Kyoto commitments. ABN's Samantha Loring reports.
Views: 3494 CNBCAfrica
What is EMISSIONS TRADING? What does EMISSIONS TRADING mean? EMISSIONS TRADING meaning
 
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What is EMISSIONS TRADING? What does EMISSIONS TRADING mean? EMISSIONS TRADING meaning - EMISSIONS TRADING definition - EMISSIONS TRADING explanation. Source: Wikipedia.org article, adapted under https://creativecommons.org/licenses/by-sa/3.0/ license. Emissions trading or cap and trade is a government-mandated, market-based approach to controlling pollution by providing economic incentives for achieving reductions in the emissions of pollutants. Various countries, states and groups of companies have adopted such trading systems, notably for mitigating climate change. A central authority (usually a governmental body) allocates or sells a limited number of permits to discharge specific quantities of a specific pollutant per time period. Polluters are required to hold permits in amount equal to their emissions. Polluters that want to increase their emissions must buy permits from others willing to sell them. Financial derivatives of permits can also be traded on secondary markets. In theory, polluters who can reduce emissions most cheaply will do so, achieving the emission reduction at the lowest cost to society. Cap and trade is meant to provide the private sector with the flexibility required to reduce emissions while stimulating technological innovation and economic growth. There are active trading programs in several air pollutants. For greenhouse gases, which may cause dangerous climate change, permit units are often called carbon credits. The largest greenhouse gases trading program is the European Union Emission Trading Scheme, which trades primarily in European Union Allowances (EUAs); the Californian scheme trades in California Carbon Allowances, the New Zealand scheme in New Zealand Units and the Australian scheme in Australian Units. The United States has a national market to reduce acid rain and several regional markets in nitrogen oxides.
Views: 228 The Audiopedia
AUSANTE - Emission Trading Scheme
 
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Register: http://www.ausante.com/signup_now A carbon offset is a reduction in emissions of carbon dioxide or greenhouse gases made in order to compensate for or to offset an emission made elsewhere. Carbon offsets are measured in metric tons of carbon dioxide-equivalent (CO2e) and may represent six primary categories of greenhouse gases. The categories include: carbon dioxide (CO2), methane (CH4), nitrous oxide (N2O), perfluorocarbons (PFCs), hydroflourocarbons (HFCs), and sulfur hexafluoride (SF6). One carbon offset represents the reduction of one metric ton of carbon dioxide or its equivalent in other greenhouse gases. There are two markets for carbon offsets. In the larger, compliance market, companies, governments, or other entities buy carbon offsets in order to comply with caps on the total amount of carbon dioxide they are allowed to emit. This market exists in order to achieve compliance with obligations of Annex 1 Parties under the Kyoto Protocol, and of liable entities under the EU Emissions Trading Scheme. In 2006, about $5.5 billion of carbon offsets were purchased in the compliance market, representing about 1.6 billion metric tons of CO2e reductions. In the much smaller, voluntary market, individuals, companies, or governments purchase carbon offsets to mitigate their own greenhouse gas emissions from transportation, electricity use, and other sources. For example, an individual might purchase carbon offsets to compensate for the greenhouse gas emissions caused by personal air travel. Many companies offer carbon offsets as an up-sell during the sales process so that customers can mitigate the emissions related with their product or service purchase (such as offsetting emissions related to a vacation flight, car rental, hotel stay, consumer good, etc.). In 2008, about $705 million of carbon offsets were purchased in the voluntary market, representing about 123.4 million metric tons of CO2e reductions. Offsets are typically achieved through financial support of projects that reduce the emission of greenhouse gases in the short- or long-term. The most common project type is renewable energy, such as wind farms, biomass energy, or hydroelectric dams. Others include energy efficiency projects, the destruction of industrial pollutants or agricultural byproducts, destruction of landfill methane, and forestry projects. Some of the most popular carbon offset projects from a corporate perspective are energy efficiency and wind turbine projects. For more Info Visit: http://www.facebook.com/ausante.biz
Views: 3442 Md Masudur Rashid
Kyoto protocol in hindi
 
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In this video we know about Kyoto Protocol in hindi , which is most important for all competitive exams of India and State. In this video we cover..... 1....What is UNFCC 2...What is Kyoto Protocol I hope you will like my video .. plzz share/like my video and subscribe my channel.... -~-~~-~~~-~~-~- Please watch: "HIMACHAL PRADESH GK IN HINDI ! HIMACHAL PRADESH HISTORY ! BILASPUR HIMACHAL PRADESH !" https://www.youtube.com/watch?v=ptZqBrtEm08 -~-~~-~~~-~~-~-
Views: 21702 GK STUDY
Kyoto and Montreal Protocol | Repeated Topics | General Science for CSS
 
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Topics: Montreal and Kyoto Protocol are an environmental international agreements to cope with Ozone Depletion and Global Warming Issue respectively. It has three mechanism ( Kyoto Protocol); Emission Trading, Joint Implementation, Clean Development Mechanism. -~-~~-~~~-~~-~- Link for PDF: http://www.csspmspcs.online -~-~~-~~~-~~-~-
Views: 702 CSS/PMS /PCS
Does carbon trading really work?
 
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Larry Lohmann critiques cap-and-trade (1 of 3) Saturday January 26th, 2008 Larry Lohmann is the editor of Carbon Trading: A Critical Conversation on Climate Change . He also works with The Corner House, a research and solidarity NGO in the UK and is a member of the Durban Group for Climate Justice
Views: 21768 The Real News Network
Carbon Credit! (The first superhero who smokes)
 
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Once upon a time, not so long ago, world leaders gathered to make an agreement to fight climate change. They met in Japan and agreed to the famous Kyoto Protocol. A principal feature of the Protocol turned out to be carbon trading: a magical solution to curb CO2 emissions. It was presented as a flexible market mechanism able to tackle climate change in a cost effective way. The magical elements were carbon credits, who reached the status of superheroes once their full potential was discovered. Governments and companies could buy carbon credits but most of the time they just got them for free. If they had credits or permits left they could sell them and make nice profit out of it. Either ways the result would be the same, as if by magic, carbon emissions would reduce rapidly, it was predicted. No political action was needed, the market would take care of it. Expectations were high but unfortunately the magic never happened and promises couldn't be kept. The biggest carbon market, the EU Emissions Trading Scheme, has crashed, carbon trading hasn't reduced CO2 emissions and it hasn't encouraged investments in sustainable energy infrastructure sufficiently. To the contrary, to offset their CO2 emissions companies and governments have invested in destructive projects in the South. The only ones benefiting from this system are polluting companies who have made millions by selling their free carbon credits and traders speculating on the fluctuation of their price. Reasons enough to change strategy one would think, right? Well think again. Despite the massive evidence of their failure, carbon markets are still promoted as a solution to fight climate change. Carbon markets are being expanded to other regions and similar mechanisms are being set up to trade not only clean air but also forests, wetlands and other elements of nature. Sixteen years after Kyoto carbon markets will still be central during the next climate talks in Warsaw (UNFCCC COP 19). The fairytale is kept alive by those who want us to believe in it. It is being told again and again in a slightly different version every time. But the big success factor remains no matter what: Carbon Credit! (The only superhero who smokes).
Views: 11933 Counter Balance
JAPAN: KYOTO: CLIMATE CONFERENCE: AGREEMENT ON FUEL EMISSIONS (3)
 
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English/Nat The world's nations approved a landmark agreement early Thursday to reduce fuel emissions by industrial countries in the 21st century to guard the Earth against global warming. After working through the night, delegates held a final session of speechmaking which ended with loud round of applause signalling the formal approval of the pact. They will now take the agreement back to their governments for ratification. On a final night that stretched far into morning, the future of the carbon-loaded atmosphere hung on the calm click of calculators, as negotiators in back rooms of the conference hall set budget periods, apportioned quotas and toted up emissions of the "greenhouse" gases linked to global warming. Eventually, a European-U.S.-Japanese compromise took shape The European Union will reduce its greenhouse emissions by 8 percent below 1990 levels, the United States by 7 percent, and Japan by 6 percent. SOUNDBITE: (English) "Will recommend the adoption of this protocol to the conference by unanimity." SUPER CAPTION: Raul Estrada, Chairman of the conference 21 other industrialised countries will meet similar binding targets, which are to be achieved between 2008 and 2012. All are committed to cut even deeper after that. Altogether, the 38 nations will cut their greenhouse emissions by slightly more than five percent under 1990 levels. SOUNDBITE: (English) "Wonderful, wonderful, it is a good convention and we did it." SUPER CAPTION: Pierre Gramegna, E-U negotiator The final plan is a complex, highly technical document whose many variable features gave negotiators, with their calculators, leeway to find middle ground in many areas: On reductions, the conference agreed to cut carbon dioxide and nitrous oxide, products of fossil fuel combustion; methane, emitted by organic waste; and three "halocarbons," substitutes for banned ozone-damaging substances. The targets range from the minus-8 percent level for Europe to a 10 percent increase allowed to Iceland. Industrial nations can trade "emissions quotas" among themselves. That would allow one to fall short of meeting its cutback target by purchasing quotas from another that more than meets its target, a matter which Third World nations protested and held up progress in the talks for hours on Thursday. SOUNDBITE: (English) "So now the conference has just adopted the full draft decision on the adoption of the Kyoto protocol to the United Nations framework convention as contained in document FCCC-CP 1997" SUPER CAPTION: Hiroshi Ohki, Conference President What was supposed to make this conference so unique was that the outcome would be legally binding, those details will be decided at a later date. The accord was the result of two years of negotiations to strengthen the 1992 Climate Change Treaty by setting legally binding limits on 38 industrial nations' emissions of greenhouse gases, which trap Earth's heat in the atmosphere. SOUNDBITE: (English) "Today is a day of joy for all those who care for our planet. Today there are no losers and only one winner, the environment." SUPER CAPTION: Johnny Lahure, Luxembourg environment minister Europe has originally proposed a 15 cut in coo emissions but its chief negotiator says she isn't walking away completely disappointed. SOUNDBITE: (English) "We would have liked the result to be better. It is quite clear the European Union came here with a higher target. we would have liked the other parties to be more ambitious but never the less when we look at it we moved the Japanese upwards and especially we moved the United States which was very important." SUPER CAPTION: Ritt Bierregaard, European commissioner SOUNDBITE: (English) SUPER CAPTION: Stuart Eizenstat, U-S delegation You can license this story through AP Archive: http://www.aparchive.com/metadata/youtube/1fde2022cf041f0dad7f908cc6bd2a27 Find out more about AP Archive: http://www.aparchive.com/HowWeWork
Views: 106 AP Archive
Why the Kyoto Protocol Failed and a New Way Forward
 
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Steve Rayner, Professor of Science and Civilization at Oxford University explains why the Kyoto Protocol was destined to fail from the outset. The international treaty to reduce global greenhouse gas emissions was built on insights from three precedents -- ozone depletion, acid rain, and nuclear disarmament -- that turned out to be fatally flawed. Climate change presents an altogether different challenge that requires a fundamentally new way forward. The climate challenge should be decomposed into "bite sized pieces," each with multiple motivations, that can be pursued in parallel: providing universal energy access worldwide; advancing energy technologies through innovation; and building resilience to extreme weather of all kinds. For more, see the "Climate Pragmatism" report, co-authored by Prof. Rayner, at http://bit.ly/ClimatePragmatism
Views: 34860 nextagenda
What is Carbon Credit ?
 
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This Video is useful for those people who are interested in knowing about the Carbon credit. In this Video you will get to know whether it is good or bad for our Country. Kyoto Protocol has also explained in this video. How Carbon Trading has done in Market has also explained. Lecture by CA Prashant Sarda. For more Videos Subscribe our Channel - https://www.youtube.com/user/caprashantsarda
Views: 3901 CA Prashant Sarda
Carbon emissions trading in Europe | Made in Germany
 
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Introduced eight years ago, the carbon emissions trading scheme in Europe is now faltering. The price of carbon permits has plummeted. Made in Germany explains how emissions trading works. Read more: http://www.dw.de/program/made-in-germany/s-3066-9798
Views: 4053 DW News
China launches carbon emissions trading system
 
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China's economic planner, the National Development and Reform Commission, recently launched a carbon emissions trading system. Under this mechanism, companies can trade carbon emission permits like they are commodities, in the hope that it will reduce carbon emissions. Under the Paris Agreement, China has promised to cut carbon emissions by 60 to 65 percent per unit of GDP by 2030, compared with 2005 levels. In the meantime, it would boost its use of non-fossil fuels, making them account for 20 percent of China's energy consumption. While other countries' carbon markets struggled, can China's system buck the trend? Wu Changhua, China/Asia Director, Office of Jeremy Rifkin, and former Greater China Director of the Climate Group; Michael K. Dorsey, co-founder and vice president of Strategy-US Climate Plan; and Isabel Hilton, CEO and Editor of chinadialogue.net, share their views. Subscribe to us on YouTube: https://goo.gl/lP12gA Download our APP on Apple Store (iOS): https://itunes.apple.com/us/app/cctvnews-app/id922456579?l=zh&ls=1&mt=8 Download our APP on Google Play (Android): https://play.google.com/store/apps/details?id=com.imib.cctv Follow us on: Facebook: https://www.facebook.com/ChinaGlobalTVNetwork/ Instagram: https://www.instagram.com/cgtn/?hl=zh-cn Twitter: https://twitter.com/CGTNOfficial Pinterest: https://www.pinterest.com/CGTNOfficial/ Tumblr: http://cctvnews.tumblr.com/ Weibo: http://weibo.com/cctvnewsbeijing
Views: 693 CGTN
THE 21st Century Scam--Carbon Credits Trading
 
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How Carbon Credits Trading Works by Benton Bain Carbon offsets are a strange concept. Let me show you in layman terms how it works: Al Gore goes to an Italian restaurant and eats a loaf of garlic bread, a plate of lasagna, a bowl of spaghetti and meatballs, an extra large pizza with seven toppings, a couple bottles of expensive wine and a large assortment of pastries. As a result, he puts on 10 pounds. But he is deeply concerned that mankind is getting too fat. So he pays 10 peasants in Asia $10 each to eat nothing for a week. Although they are already skinny, by starving themselves for a week, they each lose a pound. As a result, after a week, mankind is weight neutral. Al Gore weighs 10 pounds more, 10 Asians weigh 10 pounds less -- and Al Gore is given another Nobel Propaganda Prize for his leadership in keeping mankind's obesity in check. Of course, this example is not quite fair to Gore because that imagined humanitarianism actually costs him cash money. In the real carbon offset business, he looks forward to being paid for directing other carbon consumers to invest in carbon neutral projects through Generation Investment Management which Gore is the founder and chairman. So Gore will profit from mankind's misery. I'm glad to see he finally has developed the capitalist instinct (like his daddy did with Occidental Petroleum and Armand Hammer). When Gore personally is using carbon, as when he flies in a carbon belching Gulfstream jet, one of his companies would pay some other guy not to fly or plant a tree or do something to offset Gore's carbon belching so that Gore can feel elated about himself and live as he wants. Under the TRILLION DOLLAR Kyoto Protocol's trading scheme to determine the offset of emissions and the amount of CO2 that needs to be paid for will be controlled by the same organization that controlled the pittance BILLION DOLLAR Iraqi Food for Oil SCAM with Saddam, the anti-America/anti-capitalist corrupt United Nations!!! Socialist French President Jacques Chirac said in 2000 the UN's Kyoto Protocol represented "the first component of an authentic global governance."
Views: 23681 EchelonMonitor
Canada Pulls Out of Kyoto Protocol
 
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As we told you in the beginning of this month, the Durbin summit in South Africa is currently hosting representatives from 195 countries, all for the sake of climate change. Canada's environmental minister, Peter Kent, had announced that his country will be formally withdrawing from the Kyoto Protocol, formally ending the country's joint-effort at combating climate change. Now when Kent announced Canada's withdraw, he cited several reasons one of which is the price tag for meeting those target emissions levels.
Views: 4255 TheAlyonaShow
What Is Kyoto Protocol?
 
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Just why has the Kyoto protocol proved such a hot issue in Copenhagen? While the poor countries want the protocol retained and improved, those from the developed countries want this agreement put aside and replaced with a whole new agreement. The question is, why the standoff.
Views: 22203 Kenya CitizenTV
The Clean Development Mechanism
 
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(www.abndigital.com) The Clean Development Mechanism, defined in Article 12 of the Kyoto Protocol, allows a country with an emission-reduction or emission-limitation commitment under the Protocol to implement an emission-reduction project in developing countries. Such projects can earn saleable certified emission reduction credits, each equivalent to one ton of CO2, which can be counted towards meeting Kyoto targets. ABN's Samantha Loring reports.
Views: 3025 CNBCAfrica
The Emissions Trading System - Putting a Price on Carbon
 
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For more info visit Carbon Equities: http://www.carbonequities.co.uk/
Views: 276 carbonequities
JAPAN: KYOTO: CLIMATE CONFERENCE: AGREEMENT ON FUEL EMISSIONS
 
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English/Nat The world's nations early on Thursday gave preliminary approval to a landmark agreement to reduce fuel emissions by industrial countries in the coming century. The aim of the Kyoto Protocol is to protect the Earth against global warming by helping to set an energy course for much of the world for decades to come. In total, 38 industrialised nations will be cutting greenhouse emissions by slightly more than five percent under 1990 levels. After 11 days of intense bargaining, the nations at the Kyoto conference on global warming gave their approval to a plan to cut so-called greenhouse emissions. Talks ran into the pre-dawn hours, as a grand European-U-S-Japanese compromise took shape. The European Union will reduce its greenhouse gases emissions - such as carbon dioxide - by eight percent below 1990 levels, the U-S by seven percent and Japan by six percent. Twenty-one other industrialised countries have similar binding targets, with reductions achieved by 2012. Even deeper cuts will come later. At one point in the marathon talks, the chairman of the conference was concerned the landmark agreement was under threat before it had been reached. Talks came to a halt for two hours as China and India demanded changes to a U-S proposal allowing countries or industries to trade pollution credits instead of making actual reductions. The United States argued that emissions trading was essential if it and other industrialised nations were to meet set targets. But Chinese representatives claimed that such trading would only allow rich nations to reduce the emissions by buying pollution rights from the poor. UPSOUND: (English) "It doesn't make sense, you say it's cost effective, yes, cost effective for whom? So Mr. Chairman, on and off please note that emission trading per se cannot bring about actual reduction." SUPER CAPTION: Zhong Shukong, Chinese delegate Most delegates worked around the clock for days with little rest as key players kept arguing over the issue on trading emission. Some were left pessimistic by the relentless debate. SOUNDBITE; (English) "The longer it takes, the more we get the impression that many countries are not interested in having a protocol, that's the impression we get for right now. That's really worrying. I'd say 50/50, it's a very dangerous moment" SUPER CAPTION: Pierre Gramegna, European Union delegate As arguments continued back and forth, some delegates took time out to relax. But there were some optimists among those who continued to tune in. SOUNDBITE: (English) "Yes, I'm still optimistic with regards to the end result. But whether we could achieve now in Kyoto or whether we have to come back I don't know yet. But I think we should do our utmost to achieve the results now and not postpone it." SUPER CAPTION: Danish delegate, Svend Auken The differences between the U-S and China were resolved when delegates agreed to study China's concerns. With obvious relief, the chairman signalled the compromise with a slam of his hammer. UPSOUND (English) "We adopt this text - it's so decided" SUPER CAPTION: Raul Estrada, Chairman of Conference on Climate Change With the major sticking point over, the way was cleared for the Kyoto Protocol negotiations to enter their final stage. Time was running out and delegates were urged to act quickly. SOUNDBITE: (English) SUPER CAPTION: Raul Estrada, Chairman of Conference on Climate Change The conference secretary general emphasised the need for a deadline. SOUNDBITE: (English) SUPER CAPTION: Michael Zammit Cutajar, Secretary General The Kyoto document represents an unprecedented international effort to control energy use for the common good. You can license this story through AP Archive: http://www.aparchive.com/metadata/youtube/2504859acae0b502ad4865fa262e0be0 Find out more about AP Archive: http://www.aparchive.com/HowWeWork
Views: 40 AP Archive
Emission Trading System
 
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The EU wants to reform the Emission Trading System which allows companies to trade carbon emission permits with one another.
Views: 544 Council of the EU
(EU-ETS) The EU Emissions Trading Scheme Explained in 60 Seconds
 
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http://www.iiea.com/blogosphere/the-eu-emissions-trading-scheme-explained The EU Emissions Trading Scheme is currently in turmoil, as carbon prices continue to fluctuate due to oversupply in the market. A vote by the European Parliament's ITRE Committee to reject the European Commission's plan to bloster the market sent prices tumbling below €3/tonne in January but ENVI, the lead Parliament Committee voted on Tuesday, 19 January 2013, to support the European Commission's plan to backload allowances. Nevertheless, prices fell by 20% following the vote, given persistant doubts that that enough political will exists to rescue the ailing market. This video explains how the EU ETS works and forms part of the Environment Nexus project that can be found here http://www.iiea.com/environmentnexus
Views: 11727 IIEA1
The European Union's CO2 Cap-and-Trade System in Perspective
 
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The Cap and Trade System is a controversial approach to dealing with green house gas and carbon emissions. Although the EU has embraced this approach through the Kyoto Protocol, the U.S. is wavering on whether or not to adopt the trading system. A. Denny Ellerman discusses if the Cap and Trade is still the way to an effective global climate policy, or if it's reached a dead end. [10/2011] [Public Affairs] [Science] [Show ID: 22764]
Canada withdrawing from Kyoto Protocol, reneges on climate change accord
 
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Canada is withdrawing from the Kyoto Protocol on climate change, Environment Minister Peter Kent said Monday, abandoning its 1997 commitment to cut emissions 6% below 1990 levels by 2102 and cementing the transformation of the country's image as a global leader in the fight against climate change into what critics are calling a "climate renegade." By 2009 Canada's emissions were 17 percent above 1990 levels. Canada faced nearly $14 billion in penalties for failing to reduce greenhouse emissions if it had remained a signatory to the Kyoto accord. The Kyoto Protocol was signed by the Liberal Party, and Canada's current Conservative government has made it clear since 2006 that it had no intention of honoring the Kyoto pact, in part because it does not cover major emitters of greenhouse gases such as the US and China. Adopted on Dec. 11, 1997, the Kyoto Protocol set binding targets for 37 industrialized countries and the EU to reduce greenhouse gas emissions. Major polluters Brazil, India and China were signatories but as developing economies were not required to reduce emissions. US President Bill Clinton signed the agreement but it was not ratified by Congress. Then Senate Energy and Natural Resources committee chairman Frank H. Murkowski said the Kyoto accord was "dead on arrival." http://www.nma.tv/canada-withdrawing-kyoto-protocol-reneges-climate-change-accord/ ---------------------------------------­----------------------------------------­ Daily videos brought to you by THE Taiwanese Animators behind the infamous Tiger Woods animation. We got the funniest animations on the web to help you stay in-the-know on all the trending stories, so sit back, relax, and watch a few. Visit our channel for your daily dose of Taiwanese Animations: https://www.youtube.com/user/NMATV Wish all your news was animated? Subscribe now: http://www.youtube.com/subscription_center?add_user=NMATV Can't get enough of Taiwanese animations? Connect with us here: Facebook http://www.facebook.com/NMAtv Twitter @nmatv http://www.twitter.com/nmatv Tumblr http://nmatv.tumblr.com Google+ http://gplus.to/NMAtv Web http://www.nma.tv
Views: 8798 NMATV
September 11 Question 2: Emissions Trading Scheme
 
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2. MOANA MACKEY (Labour) to the Minister responsible for Climate Change Issues: What landmark environmental legislation has passed recently? Hon DAVID PARKER (Minister responsible for Climate Change Issues) : Legislation for an emissions trading scheme and legislation to introduce biofuels have both been passed by Parliament in the last fortnight. The emissions trading scheme being phased in over the next 5 years is a cornerstone of the Governments climate change action. It will create incentives to invest in cleaner technology, improve the efficiency of our production, and encourage climate-friendly investment such as forestry. The Biofuel Act will see vehicles start to run on sustainable biofuels, marking a transition away from reliance on imported oil Moana Mackey: How will these two pieces of legislation affect ordinary New Zealanders? Hon DAVID PARKER: These initiatives will future-proof our country, cushion the impact of rising oil and electricity prices, and ensure access for our primary exports into high-value markets. The country already faces a cost under the Kyoto Protocol for increases in emissions. The emissions trading scheme will reduce that cost by reducing emissions, and emitters rather than just taxpayers will start to bear the cost of their greenhouse gas pollution. To help New Zealand families, we are instigating the biggest push for household energy efficiency ever seen—$1 billion to help make New Zealand homes warmer, dryer, and cheaper to heat. Hon Dr Nick Smith: Will he accept responsibility for errors made in this critical legislation, given that he insisted on introducing and passing 785 amendments on one day, or will he do as Annette King has on the Electoral Finance Act and blame officials, Parliament, and everyone else but Labour for mistakes? Hon DAVID PARKER: The National Party always resorts to process arguments when it has none of substance. Once again, we see National this week being caught saying one thing to one audience, one thing to another. David Carter was reported in the Gisborne paper this week as saying— Hon Dr Nick Smith: I raise a point of order, Madam Speaker. My question asked whether he will accept responsibility for mistakes in the legislation. We have heard all sorts of other irrelevancies. I think the Minister should address the question. Hon DAVID PARKER: Of course I take responsibility for the legislation; I took it through the House. The National Party has once again been caught telling audiences what it thinks they want to hear. We had David Carter in Gisborne earlier this week saying that it was an economic folly to bring agriculture into an emissions trading scheme.
Views: 599 PolicyDotNet
What Are Carbon Credits?
 
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Global sustainability organisation South Pole breaks down this complicated concept in a simple bite-sized video. What Are Carbon Credits? Chances are you've heard the phrase 'carbon credits' mentioned on the news or in companies’ sustainability plans. But what does it actually mean? How do carbon credits help combat climate change? How can companies reduce their carbon footprint and offset their unavoidable emissions? And how does it all contribute to sustainable growth, healthier communities, and positive environmental and social impacts? How did carbon credits come about? The international political response to climate change began in 1992 with the adoption of the UN Framework Convention Climate Change (UNFCCC). To boost climate action and the effectiveness of the UNFCC the Kyoto Protocol was adopted in 1997. Signatories of the agreement committed to reducing emissions by an average of 5.2% below 1990 GHG level by 2012. Emissions trading and Carbon Credits were decided to be the main mechanism for achieving this target and the international carbon market was established. Developing emission reduction projects and mobilising climate finance is part of the DNA of South Pole. We are deeply committed to protecting and restoring critical ecosystems, increasing investment in renewable energy infrastructure and enabling companies to translate commitments into real action on the ground. To learn more about carbon credits or our projects, please email [email protected] or visit - https://www.southpole.com Keep up to date with the latest climate news and insights on our Penguin Perspectives blog - https://blog.southpole.com/ Connect with South Pole: Twitter - https://twitter.com/southpoleglobal Facebook - https://www.facebook.com/southpoleglobal/ LinkedIn - https://www.linkedin.com/company/south-pole-/
Views: 2385 South Pole
US - Reaction to US refusal to join Kyoto Protocol
 
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(15 Feb 2005) 442098 US - Reaction to US refusal to join Kyoto Protocol APTN Varoius - 15 February 2005 As the Kyoto treaty on climate change takes effect on Wednesday, it's thought that the absence of the United States from the agreement will greatly limit its impact. While the 35 participating industrial countries have committed themselves to reducing carbon dioxide, methane, nitrous oxide and other compounds to below their levels of 1990, the United States contends that the long-term benefit from the Kyoto treaty won't be worth the immediate economic cost. President Bush agreed in his 2000 campaign to regulate carbon dioxide as a pollutant but soon afterwards said that its harm had yet to be scientifically established. The Bush administration also maintains that implementing Kyoto would harm the US economy and says the treaty is not part of the future of energy policy. Myron Ebell, Director of Global Warming Policy at the Competitive Enterprise Institute in Washington - a conservative think tank - believes it's a good thing the US stayed out of the Kyoto agreement. "Energy rationing can never work, because the world isn't energy rich, its energy poor," he said. But David Waskow of Friends of the Earth says that by not following the Europeans' route, America may get left behind technologically and he believes this will hurt the country's economy. On Tuesday, White House spokesman Scott McClellan defended the administration's policies, saying: "We have made an unprecedented commitment to reduce the growth of greenhouse gas emissions in a way that continues to grow our economy". Meanwhile, the Bush Administration is looking for new sources of oil and natural gas in the unspoiled Alaska National Wildlife Refuge which it hopes will give America energy independence. Ebell says that if Americans go on an "energy diet", it could mean economic disaster for the United States. But Waskow of Friends of the Earth suggests that changing current consumer patterns would greatly benefit the economy. The original aim of the industrialised countries was to cut the emission of greenhouse gases, primarily carbon dioxide, by at least five per cent between 1990 and 2012. It's thought this will not be achieved by a wide margin, primarily because the United States, the world's largest producer of carbon dioxide, is not participating. The United States is the single biggest source of greenhouse gases. Washington, DC - 17 May 2001 1. Close view of protest banner, pull out to protest Washington, DC - 25 May 2001 2. US President George W. Bush in cabinet meeting 3. Close up of "National Energy Policy" document 4. Bush talking Washington, DC - 14 February 2005 5. SOUNDBITE: (English) Myron Ebell, Director, Global Warming Policy, Competitive Enterprise Institute: "First, let me contrast it to the idea behind the Kyoto Protocol which is that we can somehow forestall predicted global warming by cutting our emissions of greenhouse gases, primarily carbon dioxide from burning coal, oil and natural gas. In fact, that kind of energy rationing can never work, because the world isn't energy rich, it's energy poor." 6. David Waskow, Director of International Programmes at Friends of the Earth walking through door 71. SOUNDBITE: (English) David Waskow, Director of International Programmes, Friends of the Earth: "The Europeans and others who are part of the Kyoto treaty are going to go forward with putting in place new technological solutions to our energy problems. They're going to have high tech windmills, there going to have high tech cars. If we get left behind, it's actually going to harm us economically." 8. White House briefing room with Scott McClellan 9. SOUNDBITE: (English) Scott McClellan, White House Spokesman: You can license this story through AP Archive: http://www.aparchive.com/metadata/youtube/65ed33b724339b8a4f0b60be5af88a9b Find out more about AP Archive: http://www.aparchive.com/HowWeWork
Views: 634 AP Archive
What is Carbon Emissions Trading?
 
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You want to dive deep into the world of finance and management? Visit us: http://www.frankfurt-school.de/en/home/programmes.html?utm_source=youtube&utm_medium=ACQUISITION Burning fossil fuels like coal, oil or natural gas moves cars, produces electricity or heat. Unfortunately, it also generates carbon dioxide emissions, and drives climate change. The European Union has decided to strongly reduce emissions. Obviously this should be done at the lowest costs to the firms and the people. That is where the Emissions Trading comes into play: The European Union fixes a carbon emissions target, then divides it into allowances, that each allow to emit one ton of CO2. These are now distributed to the firms. Now, for every ton of emissions, the firm needs to turn in one allowance. If it needs more or less, it can buy or sell them. So there will be a market for allowances. A firm will now think twice before it emits carbon dioxide: - If it is cheaper to avoid a ton of emissions and sell an allowance then the firm will do that. - But also: The firm may choose to emit more and just buy an allowance if that increases profit. Therefore, the firms will end up in a situation where they all face the same costs if they would want to avoid an additional ton of CO2. That means: The cheap abatement options are used – and at the same time no firm is forced to use particularly expensive ways to reduce emissions as it can always buy allowances. In other words: the economy has reached the emissions target in the cheapest way.
Welcome to Carbon Trade Exchange
 
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With a decade of trading experience, Carbon Trade eXchange (CTX) has successfully facilitated millions of tonnes of Carbon Dioxide reductions. CTX enables buyers and sellers to transact carbon credits electronically in a transparent and secure environment. CTX is the first commercial partner to the United Nations CDM Registry, which makes it possible to access UNFCCC Certified Emission Reductions (CERs) for voluntary cancellation via the CTX global voluntary carbon market exchange.

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