Linking reduced deforestation and a global carbon market: implications for clean energy technology and policy flexibility

2011 ◽  
Vol 16 (4) ◽  
pp. 479-505 ◽  
Author(s):  
VALENTINA BOSETTI ◽  
RUBEN LUBOWSKI ◽  
ALEXANDER GOLUB ◽  
ANIL MARKANDYA
Keyword(s):  
Carbon Capture ◽  
Global Climate ◽  
Carbon Capture And Storage ◽  
Clean Energy ◽  
Forest Degradation ◽  
Carbon Market ◽  
Energy Technology ◽  
Near Term ◽  
Global Carbon ◽  
Global Carbon Market

ABSTRACTThis study uses a global climate-energy-economy model to investigate potential implications of linking credits from reducing emissions from deforestation and forest degradation in developing countries to a global carbon market, focusing on reducing emissions from deforestation (RED) and effects on energy technology innovation. Integrating RED into a global carbon market lowers the estimated total costs of a policy to achieve 535 ppmv of CO2-equivalent concentrations in 2100 by up to 25 per cent. Alternatively, a global RED program could enable additional reductions of about 20 ppmv by 2100 with no added costs compared with an energy-sector-only policy. The results indicate that market linkage of RED induces modest reductions in clean energy innovation overall but slightly enhances development of particular technologies, including carbon capture and storage. We also find that RED in combination with credit banking encourages greater mitigation in the near term, enhancing flexibility to potentially tighten emission targets at lower cost in response to future information.

Linking Carbon Markets: The Climate Change Silver Bullet?

2009 ◽  
Vol 20 (6) ◽  
pp. 901-926 ◽  
Author(s):  
Alyssa Gilbert
Keyword(s):  
Climate Change ◽  
Emissions Trading ◽  
Policy Design ◽  
Global Climate ◽  
Carbon Market ◽  
Policy Framework ◽  
The Political ◽  
Carbon Markets ◽  
Global Carbon ◽  
Global Carbon Market

With the rising popularity of emissions trading schemes and the private sector call for a global carbon market, it seems as though there is the chance to solve climate change by simply providing a clear price signal. But how easy will this be, both technically and practically? This paper provides an overview of the challenges in policy design terms involved in directly linking existing emissions trading schemes, and the status of planned emissions trading schemes, in order to set the potential of establishing a policy framework for a global carbon market in a realistic frame. The paper begins by outlining what linking is and setting out the advantages and risks of linking schemes. The key criteria to consider in order to establish compatibility for linking are explored, and then a summary of existing or planned schemes is given to highlight some of the technical challenges involved in linking emissions trading schemes together. The paper goes on to describe how a linked scheme could be set up and then moves on to the political arena, looking more closely at the political benefits and risks of linking and then discussing whether or not linking emissions trading schemes is an element of, or an alternative to, a global climate policy.

Clean Energy, Climate and Carbon

2012 ◽  
Author(s):  
Peter J Cook
Keyword(s):  
Carbon Dioxide ◽  
Carbon Dioxide Emissions ◽  
Energy Demand ◽  
Carbon Capture ◽  
Carbon Capture And Storage ◽  
Clean Energy ◽  
Energy Technology ◽  
Energy Technologies ◽  
Wide Range ◽  
Clean Energy Technology

With the general reader in mind, Clean Energy, Climate and Carbon outlines the global challenge of decreasing greenhouse gas emissions. It covers the changing concentration of atmospheric carbon dioxide through time and its causes, before considering the promise and the limitations of a wide range of energy technologies for decreasing carbon dioxide emissions. Despite the need to decrease carbon dioxide, the fact is that the global use of fossil fuels is increasing and is likely to continue to do so for some decades to come. With this in mind, the book considers in detail, what for many people is the unfamiliar clean energy technology of carbon capture and storage (CCS). How can we capture carbon dioxide from flue gases? How do we transport it? How do we store it in suitable rocks? What are suitable rocks and where do we find them? How do we know the carbon dioxide will remain trapped once it is injected underground? What does CCS cost and how do those costs compare with other technology options? The book also explores the political environment in which the discussion on clean energy technology options is occurring. What will a price on carbon do for technology uptake and what are the prospects of cutting our emissions by 2020 and of making even deeper cuts by 2050? What will the technology mix look like by that time? For people who are concerned about climate change, or who want to learn more about clean energy technologies, including CCS, this is the definitive view of the opportunities and the challenges we face in decreasing emissions despite a seemingly inexorable global increase in energy demand.

scholarly journals The need for a Net Zero Principles Framework to support public policy at local, regional and national levels

2020 ◽  
Vol 35 (7) ◽  
pp. 627-634
Author(s):  
Karen Turner ◽  
Antonios Katris ◽  
Julia Race
Keyword(s):  
Public Policy ◽  
Carbon Capture ◽  
Carbon Capture And Storage ◽  
Economic Returns ◽  
Net Zero ◽  
Local Areas ◽  
Zero Carbon ◽  
Near Term ◽  
And Storage ◽  
Do So

Many nations have committed to midcentury net zero carbon emissions targets in line with the 2015 Paris Agreement. These require systemic transition in how people live and do business in different local areas and regions within nations. Indeed, in recognition of the climate challenge, many regional and city authorities have set their own net zero targets. What is missing is a grounded principles framework to support what will inevitably be a range of broader public policy actions, which must in turn consider pathways that are not only technically, but economically, socially and politically feasible. Here, we attempt to stimulate discussion on this issue. We do so by making an initial proposition around a set of generic questions that should challenge any decarbonisation action, using the example of carbon capture and storage to illustrate the importance and complexity of ensuring feasibility of actions in a political economy arena. We argue that this gives rise to five fundamental ‘Net Zero Principles’ around understanding of who really pays and gains, identifying pathways that deliver growing and equitable prosperity, some of which can deliver near-term economic returns, while avoiding outcomes that simply involve ‘off-shoring’ of emissions, jobs and gross domestic product.

Design, simulation and matched structure of a living ecological & energized modules (EEMs) bridge system

2021 ◽  
Author(s):  
XiangWen Xiong ◽  
Mingzi Wu
Keyword(s):  
Species Interactions ◽  
Carbon Capture ◽  
Clean Energy ◽  
General Interest ◽  
Ecosystem Integrity ◽  
Local Species ◽  
Zero Carbon ◽  
Almost All ◽  
Global Carbon ◽  
Bridge System

<p>This paper presents a novel ecological &amp; energized modules (EEMs) system for transportation and bridge systems. It has a general interest in almost all human living &amp; ecological systems, civil engineering, and infrastructure. As an underlying and fundamental system of zero energy, zero- water-consumption, and zero-carbon with a 100% greening rate and 100% clean energy, high- quality air, and powerful carbon capture system with significant positive spillover for global carbon removal and climate challenges, etc., the EEMs bridge system is easy, fast, efficient, and zero- dependence on the large complex equipment during the construction. It is applied to a wide variety of bridge systems, such as road bridges, footbridges, flyovers, and overpasses. It’s pollution-free, safe, noiseless, and can be used soon after paving, repairing, and re-laying. The EEMs bridge system has unique superiority in ecosystem integrity and connectivity, resulting in available consequences for global biodiversity, local species interactions, ecosystem integrity and connectivity.</p>

Navigating the global carbon market

Energy Policy ◽  
2010 ◽  
Vol 38 (1) ◽  
pp. 277-287 ◽  
Author(s):  
Malte Schneider ◽  
Holger Hendrichs ◽  
Volker H. Hoffmann
Keyword(s):  
Carbon Market ◽  
Global Carbon ◽  
Global Carbon Market

Green pivot: can Australia master the hydrogen trade?

2021 ◽  
Vol 61 (2) ◽  
pp. 466
Author(s):  
Prakash Sharma ◽  
Benjamin Gallagher ◽  
Jonathan Sultoon
Keyword(s):  
Carbon Capture ◽  
Large Scale ◽  
Carbon Capture And Storage ◽  
Clean Energy ◽  
Low Carbon ◽  
Metallurgical Coal ◽  
Thermal Coal ◽  
The World ◽  
Trading Partners ◽  
End Use

Australia is in a bind. It is at the heart of the pivot to clean energy: it contains some of the world’s best solar irradiance and vast potential for large-scale carbon capture and storage; it showed the world the path forward with its stationary storage flexibility at the much vaunted Hornsdale power reserve facility; and it moved quickly to capitalise on low-carbon hydrogen production. Yet it remains one of the largest sources for carbon-intensive energy exports in the world. The extractive industries are still delivering thermal coal for power generation and metallurgical coal for carbon-intensive steel making in Asian markets. Even liquefied natural gas’s green credentials are being questioned. Are these two pathways compatible? The treasury and economy certainly benefit. But there is a huge opportunity to redress the source of those funds and jobs, while fulfilling the aspirations to reach net zero emissions by 2050. In our estimates, the low-carbon hydrogen economy could grow to become so substantial that 15% of all energy may be ultimately ‘carried’ by hydrogen by 2050. It is certainly needed to keep the world from breaching 2°C. Can Australia master the hydrogen trade? It is believed that it has a very good chance. Blessed with first-mover investment advantage, and tremendous solar and wind resourcing, Australia is already on a pathway to become a producer of green hydrogen below US$2/kg by 2030. How might it then construct a supply chain to compete in the international market with established trading partners and end users ready to renew old acquaintances? Its route is assessed to mastery of the hydrogen trade, analyse critical competitors for end use and compare costs with other exporters of hydrogen.

Docking into a Global Carbon Market

2009 ◽  
pp. 385-408 ◽  
Author(s):  
Gernot Wagner ◽  
Nathaniel Keohane ◽  
Annie Petsonk ◽  
James S. Wang
Keyword(s):  
Carbon Market ◽  
Global Carbon ◽  
Global Carbon Market

scholarly journals Making the subsurface political: How enhanced oil recovery techniques reshaped the energy transition

2019 ◽  
Vol 38 (4) ◽  
pp. 733-750
Author(s):  
Sébastien Chailleux
Keyword(s):  
Enhanced Oil Recovery ◽  
Oil Recovery ◽  
Carbon Capture ◽  
Oil And Gas ◽  
Global Climate ◽  
Carbon Capture And Storage ◽  
Energy Transition ◽  
Social Protest ◽  
Recovery Techniques ◽  
And Storage

Analyzing the case of France, this article aims to explain how the development of enhanced oil recovery techniques over the last decade contributed to politicizing the subsurface, that is putting underground resources at the center of social unrest and political debates. France faced a decline of its oil and gas activity in the 1990s, followed by a renewal with subsurface activity in the late 2000s using enhanced oil recovery techniques. An industrial demonstrator for carbon capture and storage was developed between 2010 and 2013 , while projects targeting unconventional oil and gas were pushed forward between 2008 and 2011 before eventually being canceled. We analyze how the credibility, legitimacy, and governance of those techniques were developed and how conflicts made the role of the subsurface for energy transition the target of political choices. The level of political and industrial support and social protest played a key role in building project legitimacy, while the types of narratives and their credibility determined the distinct trajectories of hydraulic fracturing and carbon capture and storage in France. The conflicts over enhanced oil recovery techniques are also explained through the critical assessment of the governance framework that tends to exclude civil society stakeholders. We suggest that these conflicts illustrated a new type of politicization of the subsurface by merging geostrategic concerns with social claims about governance, ecological demands about pollution, and linking local preoccupations to global climate change.

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