Overview of the role of Market Mechanisms Climate Change and Sustainable Development Delhi 07 - 08 April 2006 Edwin Aalders Manager IETA.

Slides:



Advertisements
Similar presentations
Global GHG Market Update Daniele Violetti Team Leader Registration and Issuance Unit Sustainable Development Mechanisms Programme UNFCCC Carbon Forum America.
Advertisements

GIS links to the voluntary market: CO2 mitigation potential of agriculture manure management Csaba Fogarassy – Akos Lukacs – Bence Huba Szent Istvan University.
Anne Kallies Melbourne Law School. The discussion in Australia All about the price? ALP – $20-30 per tonne Greens – more than $40 per tonne Business council.
Regulatory and policy challenges for companies in a climate-constrained world economy Markku Ollikainen Professor of Environmental and Resource Economics.
Energy Technologies for the Poor Technology for poverty alleviation: Relevance and Prospects in South Asia October 10-11, 2003 British Council, New Delhi.
Helping to shape the EU Structural Funds The role of Social Enterprises 24th June ’13.
Session 3: The Federal Question: Setting a Good Precedent & Positioning California for Competitive Advantage California Public Utilities Commission Greenhouse.
“A level playing field for the European biogas and green gas markets” Side-Event Energy Convention Groningen, 19 November 2014 Climate and Sustainability.
Environmental policy. Key questions Impact of green policy and initiatives on business: –cost and bureaucratic burden –stimulus to innovation and greater.
Lena Ek Member of the European Parliament. Lena Ek Member of the European Parliament The EU risks permanently lowered growth path The European economy.
E3G - Third Generation Environmentalism 1 Decarbonising the European power sector: Is there a role for the EU ETS? European Parliament, 31 May, 2011 Sanjeev.
Camco – climate change and sustainable development company0 Kyoto Gap through to 2012 Source: Point Carbon.
Economic Issues in Climate Change Kathleen Segerson Department of Economics University of Connecticut.
International Energy Workshop June, Paris Gernot Klepper & Sonja Peterson Kiel Institute for World Economics The EU Emissions Trading Scheme Efficient.
Interrelations between Environmental Fiscal Reform and Emissions Trading schemes : Lessons from Hungary* Pendo Maro European Environmental Bureau (EEB)
→ UK policy & targets Kyoto: reduce emissions of greenhouse gases by 12.5% below 1990 levels by UK targets: –Reduce carbon dioxide emissions by.
How are National Park Planning Services addressing future challenges such as climate change?
The Business Council for Sustainable Energy Business Council for Sustainable Energy Integrating Energy Efficiency into New Jersey’s Air Quality Programs.
CENTRE ON REGULATION IN EUROPE CERRE Energy transition challenges for public policy & regulation Bruno Liebhaberg, Director General, CERRE World Forum.
STATKRAFT PERSPECTIVES ON RENEWABLE ENERGY IN OPEN MARKETS OLUF ULSETH, SENIOR VICE PRESIDENT EUROPEAN AFFAIRS STATKRAFT AS Official Launch of the Norwegian.
EIB and the energy sector financing Krzysztof Szyszko Warsaw, 23 rd November 2005.
Dutch Pilot Allocation Plan for an European Emission Trading scheme Maurits Blanson Henkemans Ministry of Economic Affairs Netherlands Delhi
Market Mechanisms to Curb Greenhouse Gases: Challenges and Future Directions Joe Kruger February 20, 2007 Joe Kruger February 20, 2007.
Scenario-building as a communication tool Skryhan Hanna Krasnoyarsk, February, 15 – February, 22, 2014.
Overview of Carbon Markets Voluntary & Compliance Markets: Existing Carbon Reduction Units Vladimir Litvak RBEC Energy and Environment Practice Leader.
The appliance of science – a policy perspective NERC Ideation Workshop, 30 March 2015 David Warrilow Head of Science DECC.
Low carbon scenarios for the UK Energy White Paper Peter G Taylor Presented at “Energy, greenhouse gas emissions and climate change scenarios” June.
Global energy, trends and figures Global energy demand:  will grow by more than 30% over the period to 2035,  China, India and the Middle East accounting.
Research on ‘Emissions Trade’ By Sarah Jang Research on ‘Emissions Trade’ By Sarah Jang.
Action Plan « Towards a sustainable industrial policy » An industrial policy for a competitive low carbon economy High Level Group on the competitiveness.
Anni Podimata MEP Member, Committee on Industry, Research and Energy 8th Inter-Parliamentary Meeting on Renewable Energy and Energy Efficiency Budapest,
1 Canada’s Climate Fund John Drexhage, Director Climate Change and Energy International Institute for Sustainable Development An Offsets Approach for Canada.
Master 2 Making markets work for the environment 1 A Tale of Two Systems The case for a national energy framework A ‘Big Idea’ for Sustainable Prosperity.
1 Green chemistry and green economy: an economic approach. Ignazio Musu Ca’ Foscari University of Venice.
Economic Policy Making for Energy Markets. Challenges Have MBAs/social scientists and engineers work together Engineer: I want to build the best gadget.
Climate Action Lessons from the ESD compliance cycle and its flexibility mechanisms: Current state of discussions Jürgen Salay European Commission, DG.
Challenges and Opportunities for Addressing Global Climate Change February 2006.
Pricing Carbon: Carbon Emission Trading Potential in South Africa Proposed Research Papers.
Environmental Fiscal Reform (EFR) EFR and development  EFR is an economic instrument. By internalising environmental costs it helps  sustainable development.
From Scarcity to Economic Interaction Gains from Trade –Better allocations –Comparative Advantage Trade takes place both –in markets (buyers and sellers)
Phillip F. Fargotstein Environmental Attorney F ennemore C raig.
Environmental Industries Sector Unit CDM Opportunities in South Korea Greg Dunne, Director, ICECAP Ltd. Seoul, 25 th September 2006 EISU Seminar Mission.
CES KULeuven The Pan EU NEEDS TIMES model: main results of scenario analysis The Pan EU NEEDS TIMES model: main results of scenario analysis SIXTH FRAMEWORK.
SUSTAINABLE MARKET SOLUTIONS FOR GLOBAL ENVIRONMENTAL PROBLEMS The Carbon Market Dakar 12 February 2008 Edwin Aalders Director International Emissions.
Challenges and solutions Knut H. Alfsen CICERO Center for Internastional Climate and Environmental Research - Oslo Oslo,
Policies and plans Regarding Green Economy CHIETA Colloquium 13 th February 2014 Zakhele Mdlalose.
Summary of the Long-term Climate Change Policy Platform 機密性○ April 7th, 2017 “Long-term Global Climate Change Policy Platform”, METI” For achieving global.
International Trade & Business Growth
Theme 1: Introduction to markets and market failure
The Economics of Sustainability
Causes and costs of globalisation
Bus and coach transport for greening mobility
Innovation and Energy Aleksander Śniegocki
Monetary Union.
ICAO Colloquium 9-11 April 2001 Montreal, Canada
Finexpo - Green City agenda Emissions trading and the carbon economy and beyond 10th April 2008 Richard Wilson Head of Emissions Tullett Prebon.
Introduction into Bio Based Economy
Climate change, energy and employment : The Green energyplan for 2030
The Failure of Cap and Trade in GHG Emissions Controls
Theme 1: Introduction to markets and market failure
The Kyoto Protocol Mechanisms
Making the case for supporting broad energy efficiency programmes: impacts on household incomes and other economic benefits Gioele Figus (CEP) ETP: Energy.
State and Trends of the Carbon Market 2005
Review with your partner the market simulation that we did last week
Key elements of Finnish Climate change strategy
Briefing: Delaware Offshore Wind Working Group January 26, 2018
Low Carbon Across the South East
Work and education in the digital society
Industrial Value Chain: A Bridge Towards a Carbon Neutral Europe
Industrial Value Chain: A Bridge Towards a Carbon Neutral Europe
Presentation transcript:

Overview of the role of Market Mechanisms Climate Change and Sustainable Development Delhi April 2006 Edwin Aalders Manager IETA

The Objectives of Market Mechanism To provide an effective mechanism that results in emission reductions at a least cost option.

The alternatives to Market Mechanism Taxation – Receivables spend on procurement programmes to obtain Kyoto Units Able to direct resource to Sustainable Development Subsidies – Stimulating technologies with lower emission (green energy – NL) Subsidies can direct itself to technologies that focus on Sustainable Development Both option normally result in relative higher costs to the overall programme / society

The advantages to Market Mechanism Bring together potential users and sellers in an environment that both can gain from the interaction Allows & Drives innovation and cost reductions Creates competition

The disadvantages of the Market Mechanism Allocation always results in winners & losers Can be complex Auction Burden sharing Sustainable development not always clearly addressed in the line with expectations (HFC 23 versus renewable energy) Economic of Scale disadvantaged against small scale projects

Example of Market Mechanism US NOx & SOx programme European Union Emission Trading System UK Emission Trading System New South Wales California Climate Action Registry Chicago Climate Exchange Japanese Emission Trading System

For more Information International Emissions Trading Association Edwin Aalders