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The Kyoto Protocol
The Kyoto Protocol
The Kyoto Protocol Is A Protocol To The International Framework Convention On Climate Change With The
Objective Of Reducing Greenhouse Gases That Cause Climate Change
The Kyoto ProtocolIt is Now Accepted that the
Burning of Fossil Fuels Emits Carbon Dioxide Which
in Turn Causes Global Warming
The Problem is that Fossil Fuels Represent Known,
Reliable and Cheap Technology, whereas
Renewables are More Risky and Expensive
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Current Carbon Footprint of Electricity Generation TechnologiesLife Cycle CO2 Emissions
Source : UK Government, Parliamentary Office of Science and Technology 2006
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Source : PB Power 2004
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Asianet ServicesEstimated Cost of Generating Electricity (Cents per kWh)
Source : PB Power 2004 and UK Government, Parliamentary Office of Science and Technology 2006
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So How Does the CDM Work ?
• The Kyoto Protocol is an International Agreement to Reduce Greenhouse Gases
• Cut Emissions and Stop Global Warming….
• Great Idea
So How Does the CDM Work ?
• Clean Technology Costs ALOT More than Older (Polluting) Technologies
• Should Developing Nations Such as China, India, Thailand, Vietnam Forego Economic Development Because of the Cost of Clean Technology ?
• Surely The Problem Has Been Caused by the Developed World over the Past 200 Years…..
• Kyoto Includes "Flexible Mechanisms" Which Allow Annex I Economies To Meet Their Greenhouse Gas Emission Limitation By Purchasing GHG Emission Reductions From Elsewhere.
So How Does the CDM Work ?
• These Can Be Bought Either From Financial Exchanges, From Projects Which Reduce Emissions In Non-annex I Economies Under The Clean Development Mechanism (CDM), From Other Annex 1 Countries Under The JI, Or From Annex I Countries With Excess Allowances.
So How Does the CDM Work ?
• Annex I Countries– Western Europe– USA and Canada– Australia
• Non-Annex I Countries– Emerging Economies
in Asia, Latin America and Africa
So How Does the CDM Work ?
• European Governments Have Committed To Reducing Greenhouse Gas Emissions By 8% Compared to the 1990 Emissions
• Each Government Allocates an Allowance to Businesses in Their Countries
So How Does the CDM Work ?
Thankyou for your Attention
• Other Presentations Include– What is Global Warming ?– The Kyoto Protocol and the Clean Development
Mechanism– Asianet Services
