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Reducing GHG Emissions: The Experience So Far. Michael Northrop Rockefeller Brothers Fund [email protected] WRAP in Santa Fe August 25, 2005. GREENHOUSE GAS REDUCERS: LEADERSHIP EXAMPLES. GREENHOUSE GAS REDUCERS: LEADERSHIP EXAMPLES. - PowerPoint PPT Presentation
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Reducing GHG Emissions: The Experience So Far
Michael Northrop
Rockefeller Brothers Fund
WRAP in Santa Fe
August 25, 2005
GREENHOUSE GAS REDUCERS:
LEADERSHIP EXAMPLES
GREENHOUSE GAS REDUCERS: LEADERSHIP EXAMPLES
• DUPONT reduced GHG 70% from 1990 levels and saved $2 billion.
• IBM reduced emissions 65% on 1990 levels and saved US$791 million.
• BRITISH TELECOM reduced emissions 62% and saved £600 million between 1991 and 2004.
• ALCAN UK reduced emissions 65% below 1990 levels.
• BAYER reduced emissions 60%.• NORSKE CANADA reduced emissions 60%
and is saving C$5 million a year.
GREENHOUSE GAS REDUCERS: LEADERSHIP EXAMPLES
• 3M - 50% reduction in worldwide emissions between 1990 and 2005 and has saved US$200 million in energy costs since 1973.
• ALCOA - 25% reduction in emissions (1990-2003) with $100 million in savings by 2006. Aiming for 50%.
• STMicroelectronics - reduced emissions 20% (wants to be CO2 neutral by 2010); $900 million saving (1994-2010).
• UTC – 37% below 1997 levels; savings not disclosed.
• BP – 10% below 1990; saved $650 million.
GREENHOUSE GAS REDUCERS: LEADERSHIP EXAMPLES
• HSBC • STM • TEMBEC • SWISS RE
are all looking to be carbon neutral
New Level of Ambition Emerging:
LEADING REDUCERS CITIES
WOKING UK reduced CO2 emissions 77% on 1990 levels and saved £4.9 million.
PORTLAND reduced emissions 40%, and has delivered $300million in savings to homeowners and small businesses as well as a significant municipal savings.
TORONTO reduced emissions 42% in municipal facilities between 1990 and 1998 – More than CA$40 million in savings and landfill methane sales.
BERLIN reduced emissions 17% between 1990 and 1997 with €2million in annual budget relief.
SAN DIEGO cumulative energy cost savings of $15 million.
MELBOURNE reduced municipal emissions 10% on 1996 levels.
LEADING REDUCERS NATIONAL GOVERNMENTS
GERMANY -19% emission reduction below 1990 levels - creation of 450,000 jobs. Aiming for 40% reduction by 2020.
UK -15% reduction so far in GHG emissions 1990-2002 with a 36% increase in GDP and a £650 million a year saving between 1989 & 2001; A 20% reduction committed by 2010; 60% promised by 2050.
SWEDEN - long term goal of 60% reduction by 2050. NORWAY, JAPAN, FRANCE - committed to 75%
reductions by 2050. CANADA - committed to meeting Kyoto; developing
long term plan.
Conclusion…
…These experiences turn conventional wisdom on its head, demonstrating that reducing emissions is possible, and can be profitable, competitive and supportive of growth…
Some of the Big Lessons• It’s Energy Efficiency, stupid• Those $20 bills really are laying around• It’s management• High tech wizardry not a major factor, yet• Linking capital to reductions is critical• Trading seems to really work (BP, UK)• Reductions come faster than expected• Moving more quickly garners more
benefit
LEADING REDUCERS STATES & REGIONS
NEW ENGLAND STATES committed to 75% to 85% reductions; CT, MA, NY, NJ, ME have detailed near term plans; CT just announced LT plan for 75%; 9 eastern states finalizing RGGI trading program.
CALIFORNIA has announced 80 percent reductions target for 2050; developed law to regulate GHG emissions from private cars..
MANITOBA set 23% reduction target below 1990 levels by 2010; plans to be carbon neutral within 15 years; aiming for a RE led economy.
11
ConnecticutGreenhouse Gas Emissions and Targets
41.65141.071 41.012 40.786
40.011
43.089
46.38145.963 46.249 46.377
39.986
36
38
40
42
44
46
48
1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000
2010
2020
12
GHG Plan Summary
Table ES.2 Summary of Connecticut GHG Reductions Carbon (MMTCO2e)
Projected Reductions by Sector 2010 2020Transportation 0.36 2.91 Residential, Commercial, Industrial 0.82 1.94 Agriculture, Forestry, Waste 1.20 1.28 Electricity 1.69 6.69 Total Direct MMTCO2e Savings 4.07 12.82
13
Future EconomyFuel Cell Technology in North America
FLORIDAApollo Energy
GEORGIAFuel Cell Resources
TEXASLynnTech
CALIFORNIAMetallic Power
Direct Methanol Fuel CellAnuvu
BRITISH COLUMBIABallard Power
Palcan Fuel Cell
WASHINGTONAvista LabsNu ElementNeah Power
IDAHOIdaTech
UTAHCerametec
VersaPower
COLORADOAscent Power Sys.
Protonetics
ALBERTAGlobal Thermoelectric
ILLINOISMosaic Energy
OHIOMcDermott
Tech
PENNSYLVANIASiemens Power
ONTARIOHydrogenicsAstris Energi
Fuel Cell Technologies Ltd
NEW YORKPlug Power
Mechanical Technology
CONNECTICUTFuel Cell Energy
UTC Fuel CellProton Energy
GenCellInfinity
Avalence
MASSACHUSETTSAcumentrics
NuveraZtek
Cell Tech PowerProtonex
NEW JERSEYMillenium Cell
Symbols Designate Company SizeLarge
MediumSmall
- Gary Simon, Sigma Energy Group
FLORIDAApollo Energy
GEORGIAFuel Cell Resources
TEXASLynnTech
CALIFORNIAMetallic Power
Direct Methanol Fuel CellAnuvu
BRITISH COLUMBIABallard Power
Palcan Fuel Cell
WASHINGTONAvista LabsNu ElementNeah Power
IDAHOIdaTech
UTAHCerametec
VersaPower
COLORADOAscent Power Sys.
Protonetics
ALBERTAGlobal Thermoelectric
ILLINOISMosaic Energy
OHIOMcDermott
Tech
PENNSYLVANIASiemens Power
ONTARIOHydrogenicsAstris Energi
Fuel Cell Technologies Ltd
NEW YORKPlug Power
Mechanical Technology
CONNECTICUTFuel Cell Energy
UTC Fuel CellProton Energy
GenCellInfinity
Avalence
MASSACHUSETTSAcumentrics
NuveraZtek
Cell Tech PowerProtonex
NEW JERSEYMillenium Cell
Symbols Designate Company SizeLarge
MediumSmall
- Gary Simon, Sigma Energy Group
CALIFORNIA ENERGY COMMISSION
Draft 5.17.05 mlw
Per Capita Electricity Consumption
0
2,000
4,000
6,000
8,000
10,000
12,000
14,000
1960 1965 1970 1975 1980 1985 1990 1995 2000
kWh
/per
son
Source: http://www.eia.doe.gov/emeu/states/sep_use/total/csv/use_csv.html
United States
California
Per Capita Electricity Consumption
California–economic benefits
• efficiency standards saved CA individuals and businesses $56 billion through 2003
• new rules expected to save another $23 billion by 2013
• positioning itself for leadership in the clean energy economy: solar, wind, biofuel; hydrogen
Manitoba - building its future economy around clean energy
• Largest Canada Wind farm being built; major export market opportunity
• Farmers now making $5,000 a turbine• 30% of Canada’s Ground source heat pump
installations; tripled last four years; trains 60% of Canada’s installers
• Green building program; revitalizing city• Hybrid Bus mfg for export• First Ethanol and Bio-diesel plants in Canada;
new market for 14MM bushels of wheat, and for oil seed crops
One Recent State Study
ABT Associates, 1/05 study prepared for U.S. EPA• 1. Efforts to reduce carbon intensity through energy
efficiency or changes in economic structure can be expected to increase per capita Gross State Product (GSP) .
• 2. Programs and policies (like energy efficiency and renewable/clean energy programs) that target carbon intensity in the commercial, industrial, or "non-value added transportation" (principally personal transportation) sectors can result in increased per capita GSP.
