Energy Saving Technologies & CDM - Business Opportunity with Japan - Clean Energy Finance Committee Mitsubishi UFJ Securities

Size: px
Start display at page:

Download "Energy Saving Technologies & CDM - Business Opportunity with Japan - Clean Energy Finance Committee Mitsubishi UFJ Securities"

Transcription

1 Energy Saving Technologies & CDM - Business Opportunity with Japan - Clean Energy Finance Committee Mitsubishi UFJ Securities

2 Contents 1. Technology & CDM: Why this is a new business model? 2. CDM: revenue and costs 3. Business with Japan: NEDO-JETRO s Package program 4. Technology & CDM examples: 1. Iron & steel industry 2. Cement industry 2

3 1.Technology & CDM: Why this is a new business model?

4 What is CDM? Annex-I country (Investor) Technology Investment $$$$$$$ CDM Project Implementation Non Annex-I country (Host) greenhouse gases (GHGs) CO2, CH4, N2O, HFCs, PFCs, SF6 Carbon Credits (CER) CDM project CERs Advance Technology Transfer Sustainable Development Cost savings Good public image (Corporate Social Responsibility)

5 Project types (examples) Renwable Energy (hydro, wind, solar, biomass, etc.) Energy Efficiency Fuel Switching Demand-side management Recovery of Methane (oil/natural gas wells, landfill, coalmine, wastewater, animal waste) Destruction of HFC (HFC-23) and N 2 O SF 6 (electricity transmission/ distribution lines) Transportation Afforestation and reforestation Information on Japanese technologies available in NEDO s Energy Saving/GHG Emission Reduction Technologies guidebook for the sectors of: Common Technologies Iron & Steel Industry Cement Industry Chemical Industry Petroleum Refining Industry Nonferrous Metals Industry Paper and Pulp Industry Food Products Industry Fibers & Spinning Industry Glass Industry Electric Power and Power Generation Resources and Energy Transportation Sector Renewable Energy

6 CER revenue size by project type Type A: Only CER revenues HFC (HFC-23) N 2 O SF 6 Methane recovery Forestry CDM # of CER generated/project Type B: CER+additional revenues Renewable energy & methane recovery +electricity generation =>electricity sales to a grid # of CER generated/project > > Type C: CER + Cost reduction Energy efficiency projects Fuel swiching Demand-side management Transportation # of CER generated/project

7 2. CDM: Revenue & Costs how to estimate the revenue and know that your project is attractive to investors/cer buyers?

8 CDM: Revenue & Costs Revenue CER revenue Significant cost reduction by improving plant operation (Possible investment) Costs New equipment CDM-related costs, such as - Document preparation costs - Validation, verification, certification by third party - Monitoring costs - Administration & legal costs Some partners partially or fully cover CDM-related costs Important to know about the specific interest & funding power of your partner (CERs only, technology transfer, or CSR) Important to know how much CERs your project can generate

9 Emission reductions & CERs A CDM project CERs (carbon credits) How to calculate CERs? CER = GHG net emission reduction Hypothetically speaking, how much of the emission reduction can be achieved from the baseline by introducing a specific CDM project

10 CER revenues CERs = Emission Reduction = Baseline Emission Project Emission Leakage Baseline - What would happen in the absence of the Project - Not necessarily the continuation of current practice GHG emissions Baseline Emission Without the CDM Emission Reduction With the CDM Project Emission Year CERs

11 Emissions reductions:things to know Baseline methodologies Monitoring Monitoring methodologies Global warming potential Must use UN approved calculation methods Only an estimation before registration Needs to monitor actual emission reductions Must also use UN approved monitoring methods Each GHG has different level of impact to the global warming

12 Global Warming Potential GHG Global Warming Potential CO 2 CH 4 21 N 2 O 310 PFCs HFCs SF ton of CO 2 reduction = 1 CER For example: Reducing 1 ton of CH 4 = Reducing 21 ton of CO 2 1 ton of CH 4 => 21 CERs!

13 CDM process & costs Project Project proposal proposal -> -> Registration Registration Host country approval PDD preparation Validation Registration Project Project operation operation -> -> CER CER issuance issuance Monitoring (Investor country approval) Project owner s duty DOE checks the PDD At UN CDM Executive Board (EB) Project owner s duty Costs Costs Internal manpower or outsourcing US$15-20,000 Average CER/year * fixed fee - US$0.1/CER:first 15,000 CER - US$0.2/CER for the rest Monitoring Internal manpower PDD: Project Design Document (a project proposal using the special UN standard) DOE: Designated operational entity (A third entity accredited to conduct validation and verification by UN) Verification Certification CER Issuance DOE checks the monitoring result UN certifies the emission reduction verified by DOE CERsare issued by UN CDM EB Initial Verification US$10,000 Subsequent Verification US$5, Issued CER * fixed fee 2. 2% of issued CERs

14 3. Business with Japan: NEDO-JETRO s Package Program

15 Technology & CDM: Why a new business opportunity with Japan? JAPAN Strong demand for CDM projects and CERs Advanced technologies, especially for energy savings Putting an importance on CSR (contribution to sustainable development) CDM host country CDM as a new approach to finance energy saving & climate- /environmentallyfriendly technologies Additional revenue source Access to cutting-edge technologies Kyoto brand name

16 NEDO-JETRO s Package Program Launched in 2005 Targeted countries in the past: Argentina, Brazil, Chile Activities involved: Capacity building Feasibility studies A package plan Interim achievement: 2 iron and steel projects were identified and currently undergoing the NEDO Feasibility Study Program. Project Developer Project implementation << All in One Package >> Coordinated by JETRO Complete assistance throughout the whole CDM project cycle Technology Provider & Consulting Company Project identificaiton Technology applicability evaluation CDM qualification evaluation Assistance from the Consulting Company Project registration with UN Assistance from the Consulting Company Emission reduction monitoring Issuance of CERs by UN CDM EB NEDO CER credits purchasing agreement (ERPA)

17 Japan s Kyoto Mechanism Credits Acquisition Program Launched in July, 2006 Coordinated by NEDO No deadline established for proposal submission Advantage: NEDO has separate programs covering feasibility study, project development subsidies, and CDM-related fees NEDO as a technology promotion agency, With a strong interest in securing the credits through supporting the project development of using leading-edge technologies (e.g. energy conservation) Maximum funds available for contracting this year FY2006 budget for actual transaction Requiring amount of credits in total during the first commitment period ( ) 12.2 billion JPY ( US$ 100 million) 5.4 billion JPY ( US$ 46 million) 100 million ERs

18 Japanese Government s Program: Advantages Project Planning Stage Project Implementation Stage Feasibility Study (F/S), PDD preparation, etc. Validation, Registration Initial cost (When Project begins) Verification & Certification Credit Acquisition Feasibility Study Program JI/CDM Subsidies Preliminary costs (Validation costs) Post project review costs (monitoring, verification and certification costs.) Project expenses (equipment costs) Credit Acquisition Program

19 4. Technology & CDM Examples

20 CDM project example 1- iron & steel industry Converter waste gas recovery project Baseline Coke oven gas Blast Furnace gas Natural Gas Gas mixer Boiler & Turbine CDM methodology ACM0004 Electricity consumption CDM project OG gas recovery system Grid electricity Expected CERs: 80,000 CERs (or tco 2 /year) Expected revenue from the sale of CERs (1CER=US$10): US$800,000/year IRR (before CDM): 16% IRR (after CDM): 17% Characteristics: Feasibility study and PDD preparation covered by the NEDO program.

21 CDM project example 2- cement industry Approved methodologies for the cement industry (as of November 22, 2006) Fossil fuel substitution ACM0003 (4 registered, 5 under validation, 1 issued) Increasing the blend ACM0005 (10 registered, 14under validation) Waste heat recovery AM0024 (1 registered; 2 under validation), ACM0004 Use of non-carbonated calcium sources AM0033 (1 under validation) + Small scale methodologies CDM methodology ACM0003 Project emission: -CO 2 emission from alternative fuels - Drying alternative fuels - Net on-site fuel transportation Baseline scenario Partial substitutions (e.g.biomass) CaCo3 Clinker Kiln Fuels (e.g. coal)

22 If you are.. A project owner with a registered CDM project, or Have a specific idea or interested in implementing a renewable energy/energy efficiency/fuel switching/ N 2 O emission reduction projects, or Simply interested in learning more about the NEDO- JETRO CDM activities and Japan s credits acquisition program Contact US!

23 Contact Information NEDO JETRO JETRO Mexico Paseo de las Palmas No. 239 Piso 3, Col. Lomas de Chapultepec, C.P , Mexico, TEL: ; FAX:

24 About Us Mitsubishi UFJ Securities (MUS ) Investment banking arm of Mitsubishi Tokyo Financial Group. Subsidiary of Bank of Tokyo Mitsubishi UFJ. Clean Energy Finance Committee Operating unit specializing in CDM/JI consulting with 24 professionals Assistance with CDM/JI process Production of Project Design Document New methodology development for CDM project (4 methodologies approved by CDM EB, 6 methodologies under the Methodology Panel consideration)

25 Thank you for your attention! Yukimi Shimura (Stationed in Tokyo, Japan)

Project Procurement Standard

Project Procurement Standard Project Procurement Standard Version: June 2008 This document presents the procurement standard for all carbon offsetting projects under the myclimate label. It provides a summary of all applicable standards

More information

The role of carbon finance in business plan for clean energy projects

The role of carbon finance in business plan for clean energy projects The role of carbon finance in business plan for clean energy projects CTI PFAN West Africa Forum for Clean Energy Financing (WAFCEF) Lome, Togo, 4 July 2013 Chunyu Liang, Technical Officer UNFCCC secretariat,

More information

The Clean Development Mechanisms (CDM) What is it? And how can it be used to promote climate protection and sustainable development?

The Clean Development Mechanisms (CDM) What is it? And how can it be used to promote climate protection and sustainable development? The Clean Development Mechanisms (CDM) What is it? And how can it be used to promote climate protection and sustainable development? World Bank Institute Distance Learning Course: Climate Change: An African

More information

ESBI Carbon Solutions. Partnering with Countries to Achieve their Full Carbon Credit Potential

ESBI Carbon Solutions. Partnering with Countries to Achieve their Full Carbon Credit Potential ESBI Carbon Solutions Partnering with Countries to Achieve their Full Carbon Credit Potential ESB International ESB International (ESBI) is a growing international energy company and one of Europe s leading

More information

JBIC s Business Model for Supporting Kyoto Mechanism Projects

JBIC s Business Model for Supporting Kyoto Mechanism Projects CLIMATE CHANGE AS A BUSSINESS OPPORTUNITY December 2007 JBIC s Business Model for Supporting Kyoto Mechanism Projects Takanori Satake Senior Representative in Jakarta Japan Bank for International Cooperation

More information

Bundling small-scale energy efficiency projects

Bundling small-scale energy efficiency projects Bundling small-scale energy efficiency projects Issue Paper Introduction Energy efficiency projects are characterised by a large variety of size in terms of reduction of energy inputs and emissions Whereas

More information

UN Carbon Market Mechanisms: Business opportunities for the Caribbean

UN Carbon Market Mechanisms: Business opportunities for the Caribbean UN Carbon Market Mechanisms: Business opportunities for the Caribbean Guest Lecture, 9 th February 2015 Department of Business and Management St. George s University Karla Solís, Eng.D. Team Lead CDM Regional

More information

Communicating Your Commitment: Your Guide to Clean Energy Messaging

Communicating Your Commitment: Your Guide to Clean Energy Messaging Communicating Your Commitment: Your Guide to Clean Energy Messaging Congratulations on your recent purchase of clean energy from Renewable Choice! Whether you ve purchased green power in the form of renewable

More information

Concrete Example of CDM Project : Lages Methane Avoidance Project

Concrete Example of CDM Project : Lages Methane Avoidance Project Concrete Example of CDM Project : Lages Methane Avoidance Project By Electrabel Suez Trading and Portfolio Management Wépion, June 5th 2008 1 Agenda CDM projects : Why / How? Lages Cogeneration Project

More information

Methodological tool Tool for the demonstration and assessment of additionality

Methodological tool Tool for the demonstration and assessment of additionality CLEAN DEVELOPMENT MECHANISM TOOL01 Methodological tool Tool for the demonstration and assessment of additionality TABLE OF CONTENTS Page 1. INTRODUCTION... 3 2. SCOPE, APPLICABILITY, AND ENTRY INTO FORCE...

More information

Activities of the UNFCCC Regional Collaboration Centre in the Caribbean

Activities of the UNFCCC Regional Collaboration Centre in the Caribbean Activities of the UNFCCC Regional Collaboration Centre in the Caribbean Karla Solís Team Lead, Regional Collaboration Centre St. George s St John s, Antigua 10-11 June 2014 CDM Regional Collaboration Centre,

More information

Technical Note: Glossary of terms

Technical Note: Glossary of terms Technical Note: Glossary of terms This glossary defines terms that may be unfamiliar to those responding to the Carbon Disclosure Project for the first time. Definitions have been sourced from the GHG

More information

GHG Accounting Guidance Note Generic Method for Energy Efficiency Investment Projects

GHG Accounting Guidance Note Generic Method for Energy Efficiency Investment Projects GHG Accounting Guidance Note Generic Method for Energy Efficiency Investment Projects IFC CLIMATE BUSINESS GROUP SEPTEMBER 2011 Introduction The following is an overview guidance for IFC investment staff

More information

CDM Market Support Study

CDM Market Support Study CDM Market Support Study CDM Market Support Study By: Carsten Warnecke, Noémie Klein (Ecofys) Louis Perroy, Robert Tippmann (Climatekos) Date: 10 May 2013 Project number: MARDE13204 Ecofys 2013 by order

More information

The California GHG Emissions Reporting Tool

The California GHG Emissions Reporting Tool 12/01/2010 11:48:54 Facility Information: Chevron Products Company - Richmond Refinery, 94802 Facility Name Chevron Products Company - Richmond Refinery, 94802 ARB ID 101384 Primary Sector Secondary Sectors

More information

CDM in Thailand. Presentation by Mrs Aree Wattana Tummakird. CDM Cooperation Center

CDM in Thailand. Presentation by Mrs Aree Wattana Tummakird. CDM Cooperation Center CDM in Thailand Presentation by Mrs Aree Wattana Tummakird CDM Cooperation Center Office of Natural Resources & Environmental Policy & Planning (ONEP) Ministry of Natural Resources and Environment (MONRE)

More information

Thermax Sustainable Energy Solutions Limited

Thermax Sustainable Energy Solutions Limited Thermax Sustainable Energy Solutions Limited mcarbon PoA Case Studies Challenges and lessons learnt Energy and Agriculture Sectors Rajesh Madiwale 7 th May 2011 1 Thermax Evolution: A Snapshot Established

More information

Making Coal Use Compatible with Measures to Counter Global Warming

Making Coal Use Compatible with Measures to Counter Global Warming Making Use Compatible with Measures to Counter Global Warming The J-POWER Group is one of the biggest coal users in Japan, consuming approximately 2 million tons of coal per year at eight coal-fired power

More information

Carbon Projects and Potential Source of Revenue for Microfinance Institutions to Accelerate Renewable Energy Lending in Nepal

Carbon Projects and Potential Source of Revenue for Microfinance Institutions to Accelerate Renewable Energy Lending in Nepal Carbon Projects and Potential Source of Revenue for Microfinance Institutions to Accelerate Renewable Energy Lending in Nepal By: Marco van der Linden, Carbon Finance Advisor: MarcovanderLinden@snvworld.org

More information

9 CDM Project Risks and Risk Management

9 CDM Project Risks and Risk Management 9 CDM Project Risks and Risk Management Domestic CDM Project Risks The development and implementation of a CDM project involves a number of complex processes that must be completed in order to have the

More information

Revision to the approved baseline methodology AM0011

Revision to the approved baseline methodology AM0011 CDM Executive Board AM00011 / Version 02 Source Revision to the approved baseline methodology AM0011 Landfill gas recovery with electricity generation and no capture or destruction of methane in the baseline

More information

WHO WE ARE. THE COMPANY

WHO WE ARE. THE COMPANY Every journey starts with a single step. WHO WE ARE. THE COMPANY One of the major challenges of our day and age is the efficient and sustainable use of the resources available to us whilst considering

More information

SEMARNAT. Towards a Climate Market in Mexico

SEMARNAT. Towards a Climate Market in Mexico SECRETARIAT SECRETARÍA DE OF MEDIO ENVIRONMENT AMBIENTE AND Y RECURSOS NATURAL NATURALES RESOURCES Towards a Climate Market in Mexico WHERE IS MEXICO STANDING? GENERAL CLIMATE CHANGE LAW (2012) Low-carbon

More information

The Greenhouse Gas Protocol

The Greenhouse Gas Protocol The Greenhouse Gas Protocol Introduction to the Greenhouse Gas Protocol Corporate Accounting and Reporting Standard The Greenhouse Gas (GHG) Protocol Corporate Accounting and Reporting Standard provides

More information

GHG Accounting Guidance Note Manufacture of Renewable Energy Climate Related Products

GHG Accounting Guidance Note Manufacture of Renewable Energy Climate Related Products GHG Accounting Guidance Note Manufacture of Renewable Energy Climate Related Products IFC CLIMATE BUSINESS GROUP SEPTEMBER 2011 Introduction The following is an overview guidance for IFC investment staff

More information

Geneva: 2-4 April 2007 Insurance Instruments for GHG Projects: Private Sector Options. UNECE Ad Hoc Group of Experts on Coal Mine Methane

Geneva: 2-4 April 2007 Insurance Instruments for GHG Projects: Private Sector Options. UNECE Ad Hoc Group of Experts on Coal Mine Methane Geneva: 2-4 April 2007 Insurance Instruments for GHG s: Private Sector Options UNECE Ad Hoc Group of Experts on Coal Mine Methane Warren Diogo Risk Consulting Practice, Marsh Ltd Agenda Risk Profile of

More information

Multiple sources of energy will be available, giving the consumer choices. A Higher Percentage of Energy will come from renewable energy sources

Multiple sources of energy will be available, giving the consumer choices. A Higher Percentage of Energy will come from renewable energy sources Editor s comments: Numbers in parentheses indicate the number of duplicate or extremely similar comments made. The headings are editor s best attempt to draft vision statements reflecting the participants

More information

Annual European Union greenhouse gas inventory 1990 2013 and inventory report 2015

Annual European Union greenhouse gas inventory 1990 2013 and inventory report 2015 EEA Technical report No 19/2015 Annual European Union greenhouse gas inventory 1990 2013 and inventory report 2015 Submission to the UNFCCC Secretariat ISSN 1725-2237 EEA Technical report No 19/2015 Annual

More information

Project Idea Note: Solar Water Heating Fee-For-Service Program in the Caribbean

Project Idea Note: Solar Water Heating Fee-For-Service Program in the Caribbean PROJECT IDEA NOTE (Based on the World Bank s PIN Template, with Some Adaptations) A. Project description, type, location and schedule Name of Project: Solar Water Heating Fee-for-Service Program in the

More information

IFC Definitions and Metrics for Climate-Related Activities

IFC Definitions and Metrics for Climate-Related Activities IFC Definitions and Metrics for Climate-Related Activities IFC CLIMATE BUSINESS DEPARTMENT VERSION: 2.2 UPDATED: JUNE 2015 Background Climate change is a developmental and business issue. Smart business

More information

US EPA Proposed Mandatory Greenhouse Gas Reporting Rule

US EPA Proposed Mandatory Greenhouse Gas Reporting Rule US EPA Proposed Mandatory Greenhouse Gas Reporting Rule Outline 1. Overview 2. The Basics 3. Affected Source Types 4. Applicability Examples 5. How are the GHG Emissions Calculated? 6. Comments and Issues

More information

Supporting Small Alternative Energy Enterprises

Supporting Small Alternative Energy Enterprises Supporting Small Alternative Energy Enterprises Mission contributing to sustainable development by supporting Small and Medium Sized Enterprises (SMEs) Fields of expertise SME s for sustainable development

More information

LEGAL FRAMEWORK, POTENTIAL AND OUTLOOK FOR BIOENERGY SECTOR IN VIETNAM

LEGAL FRAMEWORK, POTENTIAL AND OUTLOOK FOR BIOENERGY SECTOR IN VIETNAM Conference on Bioenergy in Viet Nam October 6 th, 2014, HCM City LEGAL FRAMEWORK, POTENTIAL AND OUTLOOK FOR BIOENERGY SECTOR IN VIETNAM By Nguyen Duc Cuong Director of Center for Renewable Energy & CDM,

More information

E N G I N E E R I N G

E N G I N E E R I N G Purpose If the customer s proposed project proceeds to Gate 1 of the Integrated Customer Solutions (ICS) process (see the ICS Process and Proposal Submission Guide), the customer must prepare a Load Displacement

More information

LFG Used as Fuel for a Medical Waste Treatment Facility in Argentina

LFG Used as Fuel for a Medical Waste Treatment Facility in Argentina Methane to Markets Partnership Expo New Delhi, India 2-5 March, 2010 LFG Used as Fuel for a Medical Waste Treatment Facility in Argentina Facultad de Ingeniería Universidad Nacional del Centro de la Provincia

More information

Draft consolidated baseline and monitoring methodology ACM00XX

Draft consolidated baseline and monitoring methodology ACM00XX Draft consolidated baseline and monitoring methodology ACM00XX Consolidated baseline and monitoring methodology for new grid connected fossil fuel fired power plants using a less GHG intensive technology

More information

SaskPower CCS Global Consortium Bringing Boundary Dam to the World. Mike Monea, President Carbon Capture and Storage Initiatives

SaskPower CCS Global Consortium Bringing Boundary Dam to the World. Mike Monea, President Carbon Capture and Storage Initiatives SaskPower CCS Global Consortium Bringing Boundary Dam to the World Mike Monea, President Carbon Capture and Storage Initiatives 1 Purpose of Today A. CCS around the world B. What SaskPower is doing C.

More information

Draft Large-scale Consolidated Methodology ACM00XX: Construction of a new natural gas power plant

Draft Large-scale Consolidated Methodology ACM00XX: Construction of a new natural gas power plant CLEAN DEVELOPMENT MECHANISM CDM-MP66-A01 Draft Large-scale Consolidated Methodology ACM00XX: Construction of a new natural gas power plant COVER NOTE 1. Procedural background 1. The Executive Board of

More information

China Carbon Market Monitor

China Carbon Market Monitor China Carbon Market Monitor May 2015/No. 1 The PMR China Carbon Market Monitor provides timely information across the seven Chinese pilot carbon markets. It also provides analysis of climate policy and

More information

A Summary of the Kyoto Protocol and the Marrakesh Accords By James G. Derouin Fredric D. Bellamy David R. Nelson Mark E. Freeze 1

A Summary of the Kyoto Protocol and the Marrakesh Accords By James G. Derouin Fredric D. Bellamy David R. Nelson Mark E. Freeze 1 A Summary of the Kyoto Protocol and the Marrakesh Accords By James G. Derouin Fredric D. Bellamy David R. Nelson Mark E. Freeze 1 The Kyoto Protocol is an outgrowth of the United Nations Framework Convention

More information

CRS Report Summaries WORKING DRAFT

CRS Report Summaries WORKING DRAFT CRS Report Summaries R40147 Green Buildings This is a definition and analysis of the cost and benefits of green buildings. It also cites agencies and laws that encourage the building of environmentally

More information

Greenhouse Gas Offsets and Renewable Energy Certificates: Distinct Commodities in an Evolving Market The Climate Trust

Greenhouse Gas Offsets and Renewable Energy Certificates: Distinct Commodities in an Evolving Market The Climate Trust Greenhouse Gas Offsets and Renewable Energy Certificates: Distinct Commodities in an Evolving Market The Climate Trust Introduction The framework for future climate policy is emerging in the United States

More information

Developing the Project Design Document

Developing the Project Design Document THE CLEAN DEVELOPMENT MECHANISM: A USER S GUIDE CHAPTER 3: Developing the Project Design Document The project design document, or PDD, is the central component in the CDM project cycle, and its preparation

More information

Understanding Your Carbon Footprint - Quantifying Your Carbon Emissions

Understanding Your Carbon Footprint - Quantifying Your Carbon Emissions Understanding Your Carbon Footprint - Quantifying Your Carbon Emissions September 14, 2010 Geoffrey A. Glanders, LPG Presentation Overview Define Carbon Emissions/Greenhouse Gases Identify Key Issues Associated

More information

Quick Start Guide for ICFPA/NCASI Spreadsheets for Calculating Greenhouse Gas Emissions from Pulp and Paper Manufacturing

Quick Start Guide for ICFPA/NCASI Spreadsheets for Calculating Greenhouse Gas Emissions from Pulp and Paper Manufacturing Quick Start Guide for ICFPA/NCASI Spreadsheets for Calculating Greenhouse Gas Emissions from Pulp and Paper Manufacturing Workbook Version 2.1, for the USDOE 1605(b) Voluntary Reporting of Greenhouse Gases

More information

The Quebec Carbon Cap & Trade Regulation

The Quebec Carbon Cap & Trade Regulation The Quebec Carbon Cap & Trade Regulation Impacts and solutions for the industy Mustapha Ouyed IETA BUSINESS CAP-AND-TRADE DIALOGUE Toronto - July 9, 2015 mouyed@golder.com Some material is adapted from

More information

2. The German energy transition is driven by citizens and communities.

2. The German energy transition is driven by citizens and communities. 8 Key Finfings Energy Transition The German Energiewende By Craig Morris, Martin Pehnt An initiative of the Heinrich Böll Foundation Released on 28 November 2012 Revised July 2015 www. 8 Key Findings German

More information

Argentina Energy efficiency report

Argentina Energy efficiency report Argentina Energy efficiency report Objectives: o 5.4% energy savings in industry in 216 o 6% electricity savings in 216 Overview 2- (%/year) Primary intensity (EU=1)¹ 16 - -2.3% + CO 2 intensity (EU=1)

More information

DRAFT REGULATIONS: CARBON OFFSETS. 20 June 2016

DRAFT REGULATIONS: CARBON OFFSETS. 20 June 2016 DRAFT REGULATIONS: CARBON OFFSETS 20 June 2016 DRAFT CARBON TAX BILL: PUBLICATION OF PROPOSED REGULATIONS MADE IN TERMS OF CLAUSE 20(b) OF THE DRAFT CARBON TAX BILL, 2015 Proposed regulations in terms

More information

Ementor ASA Carbon Footprint Analysis 2007

Ementor ASA Carbon Footprint Analysis 2007 Ementor ASA Carbon Footprint Analysis 2007 Key figures Ementor Group 2007 The Carbon Footprint Analysis is part of Ementor ASA s corporate efforts on becoming an environmentally conscious service provider.

More information

Six greenhouse gases covered by the United Nations Framework Convention on Climate Change (UNFCCC) and its Kyoto Protocol are:

Six greenhouse gases covered by the United Nations Framework Convention on Climate Change (UNFCCC) and its Kyoto Protocol are: Fact sheet: The need for mitigation United Nations Framework Convention on Climate Change Along with adaptation, mitigation is one of the two central approaches in the international climate change process.

More information

Carbon Offsets and Renewable Energy Certificates (RECs)

Carbon Offsets and Renewable Energy Certificates (RECs) eq Insights Volume 3/November 2011 Carbon Offsets and Renewable Energy Certificates (RECs) The purpose of this brief is to provide a general understanding of carbon offsets and renewable energy certificates

More information

Summary: Apollo Group Greenhouse Gas Inventory (Worldwide)

Summary: Apollo Group Greenhouse Gas Inventory (Worldwide) Summary: Apollo Group Greenhouse Gas Inventory (Worldwide) Table of Contents Overview... 1 Boundaries... 1 Scopes... 1 Estimated Components... 1 Calculation Methodologies and Assumptions... 2 Tables...

More information

Low-Carbon Development for Mexico (MEDEC)

Low-Carbon Development for Mexico (MEDEC) Low-Carbon Development for Mexico () World Bank LCR Sustainable Development Department March 17, 2011 Questions for Low-Carbon Studies What does a low-carbon pathway look like? How much might it cost?

More information

Clean Development Mechanism (CDM) and Municipal Solid Waste Management

Clean Development Mechanism (CDM) and Municipal Solid Waste Management Clean Development Mechanism (CDM) and Municipal Solid Waste Management Global Waste Management Symposium Copper Mountain, Colorado September 9, 2008 Presentation Topics Solid waste and greenhouse gas emissions

More information

Green Power Accounting Workshop: Concept Note For discussion during Green Power Accounting Workshop in Mexico City, May 13th 2011

Green Power Accounting Workshop: Concept Note For discussion during Green Power Accounting Workshop in Mexico City, May 13th 2011 Introduction As more companies and government organizations prepare greenhouse gas (GHG) inventories that reflect the emissions directly and indirectly associated with their operations, they increasingly

More information

The Norwegian Carbon Credit Procurement Program

The Norwegian Carbon Credit Procurement Program The Norwegian Carbon Credit Procurement Program Asia Pacific Regional Workshop 2015 Manila 30 September 2015 1 Norway Pledge and Market Mechanisms Norway has for more than two decades supported the development

More information

VER+ A robust Standard for Verified Emission Reductions (Criteria Catalogue)

VER+ A robust Standard for Verified Emission Reductions (Criteria Catalogue) VER+ A robust Standard for Verified Emission Reductions (Criteria Catalogue) A. Introduction Verified emission reductions are commonly understood as tradable emission reductions that have been generated

More information

Environmental Achievements Volvo Trucks North America New River Valley Plant Dublin, VA

Environmental Achievements Volvo Trucks North America New River Valley Plant Dublin, VA Environmental Achievements Volvo Trucks North America New River Valley Plant Dublin, VA Overview The New River Valley (NRV) Plant, located in Dublin, Va., manufactures and assembles Volvo brand trucks.

More information

Annex 1 Tool for the demonstration and assessment of additionality

Annex 1 Tool for the demonstration and assessment of additionality page 1 Tool for the demonstration and assessment of additionality 1. This document provides for a step-wise approach to demonstrate and assess additionality. These steps include: Identification of alternatives

More information

CLEAN DEVELOPMENT MECHANISM CDM-MP62-A01

CLEAN DEVELOPMENT MECHANISM CDM-MP62-A01 CLEAN DEVELOPMENT MECHANISM CDM-MP62-A01 Draft Large-Scale Consolidated Methodology ACM00XX: Natural gas substitution by biogenic methane produced from the anaerobic digestion of organic waste COVER NOTE

More information

Calculating Greenhouse Gas Emissions

Calculating Greenhouse Gas Emissions GIIRS Emerging Market Assessment Resource Guide: What s in this Guide? I. Definition: What Are Greenhouse Gas (GHG) Emissions? II. Why Calculate GHGs? III. How to Calculate Company-wide GHGs IV. Outsourcing

More information

Scope 1 describes direct greenhouse gas emissions from sources that are owned by or under the direct control of the reporting entity;

Scope 1 describes direct greenhouse gas emissions from sources that are owned by or under the direct control of the reporting entity; 9 Greenhouse Gas Assessment 9.1 Introduction This chapter presents an assessment of the potential greenhouse gas emissions associated with the Simandou Railway and evaluates the significance of these in

More information

Innovation For Cool Earth Forum (ICEF) 2 nd Annual Meeting

Innovation For Cool Earth Forum (ICEF) 2 nd Annual Meeting THE ROLE OF TECHNOLOGY & INNOVATION IN ENERGY SAVING AND CO2 REDUCTION IN INDIAN IRON & STEEL INDUSTRY Ministry Of Steel Government Of India Innovation For Cool Earth Forum (ICEF) 2 nd Annual Meeting 7-8

More information

Egypt & Climate Change

Egypt & Climate Change Egypt & Climate Change Eng. Ahmed El Gohary Advisor to the Egyptian Minister of Investment OECD - Paris April - 2010 1 Egypt Area : about 1.2 million km 2 Capital : Cairo Total population: about 84.5 millions

More information

Reducing Carbon Pollution in D.C s Renewable Portfolio Standard Will Clean the Air without Impacting Ratepayers. Frequently Asked Questions

Reducing Carbon Pollution in D.C s Renewable Portfolio Standard Will Clean the Air without Impacting Ratepayers. Frequently Asked Questions Reducing Carbon Pollution in D.C s Renewable Portfolio Standard Will Clean the Air without Impacting Ratepayers Summary: Frequently Asked Questions While Mid-Atlantic States like Delaware and New Jersey

More information

Typology of NAMAs. Karen Holm Olsen, Senior Researcher kaol@dtu.dk. UNFCCC Regional Workshop on NAMAs, 16-19 April 2013 Lehakoe Club, Maseru, Lesotho

Typology of NAMAs. Karen Holm Olsen, Senior Researcher kaol@dtu.dk. UNFCCC Regional Workshop on NAMAs, 16-19 April 2013 Lehakoe Club, Maseru, Lesotho Typology of NAMAs Karen Holm Olsen, Senior Researcher kaol@dtu.dk UNFCCC Regional Workshop on NAMAs, 16-19 April 2013 Lehakoe Club, Maseru, Lesotho Outline: The concept of NAMAs Typology of actions Examples

More information

How to Earn the LEED Green Power Credit

How to Earn the LEED Green Power Credit 3D EG REES WH ITE PAPER How to Earn the LEED Green Power Credit Using on-site and off-site renewable energy to mitigate the impact of greenhouse gas emissions associated with a LEED project s energy use

More information

FULL SOLAR SUPPLY OF INDUSTRIALIZED COUNTRIES - THE EXAMPLE JAPAN

FULL SOLAR SUPPLY OF INDUSTRIALIZED COUNTRIES - THE EXAMPLE JAPAN FULL SOLAR SUPPLY OF INDUSTRIALIZED COUNTRIES - THE EXAMPLE JAPAN Dr. Harry Lehmann 1 It has long been known that to protect people and the environment from both nuclear risks and dangerous levels of climate

More information

https://www.cdp.net/en-us/pages/search-for-the-file+-search.cdproject.net%2frespon...

https://www.cdp.net/en-us/pages/search-for-the-file+-search.cdproject.net%2frespon... Page 1 of 9 English Português Español 日 本 語 中 文 aparsons@anglogoldashanti.com Home What we do Members & signatories Reporting to CDP Reports & data Our partners News & events My CDP Search Results Respondent

More information

Clean Development Mechanism Status and outlook

Clean Development Mechanism Status and outlook Presented by: Neeta Hooda UNFCCC Secretariat Clean Development Mechanism Status and outlook Presented at: UNFCCC Media Training Workshop, Accra, 26 August 2008 1 The Kyoto Protocol Entry into force on

More information

Greenhouse Gas Emissions: Trouble Brewing or a Golden Opportunity? Texas Association of Clean Water Agencies April 3, 2009

Greenhouse Gas Emissions: Trouble Brewing or a Golden Opportunity? Texas Association of Clean Water Agencies April 3, 2009 Greenhouse Gas Emissions: Trouble Brewing or a Golden Opportunity? Texas Association of Clean Water Agencies April 3, 2009 Agenda 1. Climate change and greenhouse gas emissions a. What it s all about b.

More information

Measuring Electricity Class Activity

Measuring Electricity Class Activity Measuring Electricity Class Activity Objective: To understand what energy is, how it impacts our daily lives, and how one can become an energy steward. Learning Outcomes: Students will: 1. Understand where

More information

2015 -- S 0417 S T A T E O F R H O D E I S L A N D

2015 -- S 0417 S T A T E O F R H O D E I S L A N D LC001 01 -- S 01 S T A T E O F R H O D E I S L A N D IN GENERAL ASSEMBLY JANUARY SESSION, A.D. 01 A N A C T RELATING TO TAXATION -- CARBON PRICING AND ECONOMIC DEVELOPMENT INVESTMENT ACT OF 01 Introduced

More information

EQT GREENHOUSE GAS EMISSIONS REPORT 2015

EQT GREENHOUSE GAS EMISSIONS REPORT 2015 EQT GREENHOUSE GAS EMISSIONS REPORT 2015 Executive Summary As a responsible investor and owner, EQT is committed to address climate change and reduce its climate impact. Therefore, EQT has decided to annually

More information

Standard Clean development mechanism project standard

Standard Clean development mechanism project standard CLEAN DEVELOPMENT MECHANISM CDM-EB65-A05-STAN Standard Clean development mechanism project standard TABLE OF CONTENTS Page 1. INTRODUCTION... 6 1.1. Background... 6 1.2. Objectives... 6 2. SCOPE AND APPLICABILITY...

More information

REPUBLIC OF TURKEY INTENDED NATIONALLY DETERMINED CONTRIBUTION

REPUBLIC OF TURKEY INTENDED NATIONALLY DETERMINED CONTRIBUTION REPUBLIC OF TURKEY INTENDED NATIONALLY DETERMINED CONTRIBUTION In accordance with decisions 1/CP.19 and 1/CP.20, the Republic of Turkey hereby presents its Intended Nationally Determined Contribution (INDC)

More information

Where does carbon come from?

Where does carbon come from? Where does carbon come from? What are Carbon Sinks? Presentation by Jutta Kill SinksWatch jutta@fern.org www.sinkswatch.org Carbon dioxide is a gas that is created when carbon (C) comes in contact with

More information

Sweden Energy efficiency report

Sweden Energy efficiency report Sweden Energy efficiency report Objectives: o 41 TWh of end use energy savings in 216 o 2 reduction in total energy intensity by 22 Overview - (%/year) Primary intensity (EU=1)¹ 124 - -1.8% + CO 2 intensity

More information

Generating Current Electricity: Complete the following summary table for each way that electrical energy is generated. Pros:

Generating Current Electricity: Complete the following summary table for each way that electrical energy is generated. Pros: P a g e 1 Generating Current Electricity: Complete the following summary table for each way that electrical energy is generated. Generating Electrical Energy Using Moving Water: Hydro-Electric Generation

More information

D DAVID PUBLISHING. Voluntary Carbon Market in Turkey. 1. Introduction. Fehiman Ciner 1 and Aydemir Akyurek 2

D DAVID PUBLISHING. Voluntary Carbon Market in Turkey. 1. Introduction. Fehiman Ciner 1 and Aydemir Akyurek 2 Journal of Energy and Power Engineering 8 (2014) 1908-1912 D DAVID PUBLISHING Fehiman Ciner 1 and Aydemir Akyurek 2 1. Department of Environmental Engineering, Faculty of Engineering, Nigde University,

More information

Structuring the Deal: Funding Options and Financial Incentives for On-site Renewable Energy Projects

Structuring the Deal: Funding Options and Financial Incentives for On-site Renewable Energy Projects Structuring the Deal: Funding Options and Financial Incentives for On-site Renewable Energy Projects Derek Price Program Manager Renewable Energy Solutions Johnson Controls, Inc. Introduction More public

More information

EURELECTRIC responses to the invitation in Draft decision -/CMP.5 to make submissions to the UNFCCC secretariat on:

EURELECTRIC responses to the invitation in Draft decision -/CMP.5 to make submissions to the UNFCCC secretariat on: EURELECTRIC responses to the invitation in Draft decision -/CMP.5 to make submissions to the UNFCCC secretariat on: 1. Inclusion of CCS in Clean Development project activities 2. Standardized baselines

More information

Levelized Cost of New Electricity Generating Technologies

Levelized Cost of New Electricity Generating Technologies Levelized Cost of New Electricity Generating Technologies The Energy Information Administration (EIA) produces forecasts of energy supply and demand for the next 20 years using the National Energy Modeling

More information

Common Principles for Climate Mitigation Finance Tracking

Common Principles for Climate Mitigation Finance Tracking Common Principles for Climate Mitigation Finance Tracking Introduction The purpose of these Common Principles for Climate Mitigation Finance Tracking (or the Principles) is to set out agreed climate change

More information

CHP & ENVIRONMENTAL COMMODITIES: MARKET & POLICY UPDATE FOR MONETIZING RENEWABLE ENERGY CREDITS FROM CHP PROJECTS. Thomas Jacobsen October 2012

CHP & ENVIRONMENTAL COMMODITIES: MARKET & POLICY UPDATE FOR MONETIZING RENEWABLE ENERGY CREDITS FROM CHP PROJECTS. Thomas Jacobsen October 2012 CHP & ENVIRONMENTAL COMMODITIES: MARKET & POLICY UPDATE FOR MONETIZING RENEWABLE ENERGY CREDITS FROM CHP PROJECTS Thomas Jacobsen October 2012 ELEMENT MARKETS US Emissions House of the Year Launched in

More information

Summit County Energy Plan - Goals A. Explanation and Comparison: State and Summit County Goals B. Measurement and Verification

Summit County Energy Plan - Goals A. Explanation and Comparison: State and Summit County Goals B. Measurement and Verification Summit County Energy Plan - Goals A. Explanation and Comparison: State and Summit County Goals B. Measurement and Verification A. Explanation and Comparison: State and Summit County Goals In 2007, Colorado

More information

Methane Analysis Overview. Discussion Paper

Methane Analysis Overview. Discussion Paper METHANE TO MARKETS PARTNERSHIP 4THANNUAL STEERING COMMITTEE MEETING Beijing, China M2M4/Doc. 4 November 2007 1. Purpose Methane Analysis Overview Discussion Paper The purpose of this document is to provide

More information

Energy supply and consumption

Energy supply and consumption Energy 2014 Energy supply and consumption 2014, 2nd quarter Total energy consumption fell by 7 per cent in January to June According to Statistics Finland's preliminary data, total energy consumption in

More information

Joint Crediting Mechanism Glossary of Terms

Joint Crediting Mechanism Glossary of Terms Joint Crediting Mechanism Glossary of Terms JCM_MN_Glossary_ver01.0 Emission 1. 1 Greenhouse GHG are those gases of carbon dioxide (CO 2 ), reductions or Gases (GHG) methane (CH 4 ), nitrous oxide (N 2

More information

Solar City Master Plan - Executive Summary

Solar City Master Plan - Executive Summary Solar City Master Plan - Executive Summary Meeting the growing energy demand is one of the biggest challenges that the world is facing today. Rising population and depleting fossil fuel resources are compelling

More information

Comparison of Recent Trends in Sustainable Energy Development in Japan, U.K., Germany and France

Comparison of Recent Trends in Sustainable Energy Development in Japan, U.K., Germany and France Comparison of Recent Trends in Sustainable Energy Development in Japan, U.K., Germany and France Japan - U.S. Workshop on Sustainable Energy Future June 26, 2012 Naoya Kaneko, Fellow Center for Research

More information

Our financing of the energy sector in 2013

Our financing of the energy sector in 2013 Our financing of the energy sector in 213 rbs.com/sustainable About this document This report is the fourth Our financing of the energy sector briefing that we have produced since 21. The aim remains the

More information

A clean energy solution from cradle to grave

A clean energy solution from cradle to grave Environmental Product Declaration A clean energy solution from cradle to grave Offshore wind power plant employing SWT-6.0-154 siemens.com / wind 2 Assessing the performance of a wind power plant The environmental

More information

CGD REPORTS. www.cgd.pt. https://www.cgd.pt/english/institutional/

CGD REPORTS. www.cgd.pt. https://www.cgd.pt/english/institutional/ CGD REPORTS > Sustainability 2010 > CAIXA S SUSTAINABLE COMMITMENT 173 CGD REPORTS 2010 CARBON NEUTRALIty CAIXA CARBONO ZERO PROGRAMME www.cgd.pt 174 CGD REPORTS > Sustainability 2010 > CAIXA S SUSTAINABLE

More information

FACTS THE. 2014 Methane Emissions Update

FACTS THE. 2014 Methane Emissions Update THE FACTS 2014 Methane Emissions Update AGL Resources primary business is natural gas distribution to residential, commercial and industrial customers through a vast pipeline network. For more than two

More information

Overview of the Heavy-Duty National Program. Need to Reduce Fuel Consumption and Greenhouse Gases from Vehicles

Overview of the Heavy-Duty National Program. Need to Reduce Fuel Consumption and Greenhouse Gases from Vehicles Submitted by United States of America Informal document WP.29-155-11 (155 th WP.29, 15-18 November 2011, agenda item 14) United States of America Environmental Protection Agency and National Highway Traffic

More information

CLEAN DEVELOPMENT MECHANISM CDM-EB07-A04-GLOS. Glossary CDM terms. Version 08.0

CLEAN DEVELOPMENT MECHANISM CDM-EB07-A04-GLOS. Glossary CDM terms. Version 08.0 CLEAN DEVELOPMENT MECHANISM CDM-EB07-A04-GLOS Glossary CDM terms TABLE OF CONTENTS Page 1. BACKGROUND... 3 2. SCOPE... 3 3. ACRONYMS AND ABBREVIATIONS USED IN THE GLOSSARY... 3 4. INTERPRETATION... 4 5.

More information

Norwegian National Allocation Plan for the Emissions Trading System in 2008 2012

Norwegian National Allocation Plan for the Emissions Trading System in 2008 2012 Norwegian National Allocation Plan for the Emissions Trading System in 2008 2012 March 2008 List of Content Summary... 5 Key Figures... 5 PART I: The Norwegian Emissions Trading System 1. Introduction...

More information