Unit 5 - Mitigation Policies and Development Flashcards
The admospheric concentration of CO2
pre-industrial 280ppm
2005 - 380ppm
2007 - 396ppm
2013 - 400ppm
Major themes to be included in any post-Kyoto framework
- strengthening of ER targets for Annex 1 countries
- more formal inclusion of non-Annex 1 countries in mitigation efforts (India and China are now stopping/hindering this)
- formal & agreed mechanism on REDD in the mitigation framework
- new financial mechanisms to support global mitigation action
- streamlining of mechanisms to facilitate the transfer of mitigation technologies.
The Kyoto Protocol flexible mechanisms (to assist countries in adopting mitigation strategies to meet their targets):
- Emissions Trading Scheme(s) - ETS - biggest is EU-ETS, no global version
- JI
- CDM
GHG emissions have been an externality of economic action
the costs of the effects of releasing GHGs into the atmosphere have not been incuded in the costs of those actions producing the emissions.
The two major mitigation policy options
- price based
market forces provide direct drive for behaviour change - non-price based
designed and controlled by agents of governance
Carbon pricing (C-pricing) or setting a price on Carbon two main ways
Internalising the externality
- Tax on GHG emissions
- Cap and Trade
Non-price based policy options to mitigate GHG emissions
- regulation (standards or control)
- subsidies / levying taxes (FIT/MEP etc)
- new mechanisms (like REDD or technology transfer stimulation)
- R&D support (to include some sources of GHG emissions)
What factors influence the effectiveness of non-market policy options for mitigation?
- Intended policy results
- Political pressure
- Policy cohesion
- Balancing short- and long-term gains
- Time lags in R&D
- Policy fit
How to assess mitigation progress?
- the fundamental changes in global GHG emissions
- performance towards targets
- Progress towards and in international policy agreements to facilitate mitigation
3 main critisisms of the KP mechanism and process
- the ER targets (not global, not ambitious enough, not fair/just)
- mechanisms for achieving targets (inappropriate, inadequate, ineffective)
- UNFCCC processes for negotiating targets and mechanisms
Examples of mitigation regulations
- reductions in fossil fuel use
a - reduce ff use through increase RE production
b - increased use of biofuels in transport fuels - energy efficiency
- CCS
- Individual behaviour change
What does the Kaya Identity tells us?
Tanner, 2014 - chapter 4
4 ways to reduce energy related emissions:
- reduce population
- producing/consuming less
- increase efficiency
- reduce reliance on carbon-rich fuels by switching to lower carbon energy sources.
what should be the mitigation target adopted by post-kyoto policy?
to reach 2 degree C max, it should be -85% compared to the 2000 emissions.
Advantages Cap and Trade
more robust - therefore more credible
longer term solutions (as gov change all the time)
decoupling who undertakes the abatement and who pays for it