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Climate change: Everyone’s business
A guide to how your business can be successful in China
Guy Dru Drury (CBI), 10 July, 2008
Climate Change Task Force Report: background
Key messages
Cost of abatement2002 real €/tCO2e
Floor insulation
CCS (early retired gas)
Industrial motor systems
40 €/tCO2e50
0
-150
-50
Fuel substitution
550
Zero-carbon homes
Wind on-shore
CCS (gas)
450
350
-400
Solar water heating
-100
600
500
Solid wall insulation
400
Engine and non-engine efficiency (commercial vehicles)
Engine and non-engine efficiency (cars)
Lighting
Condensing boilers
Nuclear
Building structure Cavity wall
Biofuels
Abatement potentialMtCO2e
0 10050 250200150
Abatement required to meet 2030 target
The UK cost curve for additional greenhouse gas reduction measures
McKinsey & Company
* Major contributors are lighting, PCs/other office appliances, stand-by losses, water heating, washing and drying
Building structure improvements
Appliances and lights*
Nuclear
CCS
Wind
Fuel efficient technology
Biofuels, plug-ins and hybrids
Motor systems
Non-CO2 gas emissions
Fuel substitution
BuildingsPower
TransportIndustry
0 20 40
Cross sectoral action needed NOW to cut emissions
Key insights from analysis
•4 main areas for cutting carbon – buildings, power, transport, industrial processes
•Abatements roughly 50/50 energy efficiency + low carbon energy
•Cost by 2020 €60-€90/tMtCO2e falling to €40 /tCO2e in 2030
•This equates to £100 per household per year by 2030
MtCO2e
McKinsey & Company
Fast fact 1
Deliverability
Fast fact 2
Consumers, business and government must work together
McKinsey & Company
3-year business plan
Conclusions
THANK YOU
CBI Beijing: 1006B, China Life Tower, 16 Chaoyangmenwai Ave, Beijing 100020
Tel (GMT + 8 hrs): (0086) 010 8525 3100 Fax: 010 8525 3116
Guy Dru Drury: (0086) 139 1103 7537
Email: guydd@cbi.org.uk
www.cbichina.org.cn
http://www.avtclient.co.uk/climatereport/
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