Overview of Legal and Policy Measures of Carbon Trading and Renewable Energy Certificate (REC) In India

2021 ◽  
Vol 16 (1) ◽  
pp. 259-267
Author(s):  
Haider Ali ◽  
Santosh Kumar Tiwari
Keyword(s):  
Climate Change ◽  
Renewable Energy ◽  
Greenhouse Gas ◽  
Kyoto Protocol ◽  
Greenhouse Gas Emission ◽  
Action Plan ◽  
Policy Framework ◽  
Carbon Trading ◽  
Trading System ◽  
Policy Measures

It is scientifically well proven facts that carbon dioxide is the main cause of greenhouse gas emission by burning of fossils fuels. Kyoto Protocol to the United Nations Framework Convention on Climate Change (UNFCCC) empower the parties to curb greenhouse gas emissions from the diverse industries by elaborating the mechanisms of Clean Development Mechanism Joint Implementation, and Emission Trading. This has created an international market for carbon trading. The paper addresses the global and Indian’s national carbon trading system, starting with the UNFCCC, and Kyoto Protocol comprising carbon credit components. The paper also tries to examine the obligation of India under the Kyoto protocol and later discuss the legal and policy framework implemented by India to encourage CDM and carbon trading in India. It traces different policy measures like National Action Plan and State Action Plans on Climate Change, National Mission on Enhanced Energy Efficiency (NMEEE), Climate Change Action Program, 2010, Perform Achieve and Trade (PAT), Renewable Energy Credit Trading System (REC), PILOT ETS in some Indian provinces, the significant arrangements of Energy Conservation Act, 2001 and The Environmental Protection Act, 1986, Air (Prevention and Control of Pollution) Act, 1981 are likewise examined. This paper further discusses the positives and negative aspect of this scheme and also its review, criticisms and problems. It ends by providing an Indian perspective to this scheme. Study of this paper would be especially beneficial for the governments, stakeholders and research scholars to know the whole legal and policy mechanism of carbon trading.

The Opportunities and Challenges of Chinese Renewable Energy Greenhouse Gas Emission Reduction Trade

2014 ◽  
Vol 1010-1012 ◽  
pp. 2094-2101
Author(s):  
Long Xi Han ◽  
Jia Jia Zhai ◽  
Lin Zhang
Keyword(s):  
Renewable Energy ◽  
Greenhouse Gas ◽  
Emission Reduction ◽  
Greenhouse Gas Emission ◽  
Carbon Trading ◽  
Ghg Emission ◽  
Trading System ◽  
Trading Market ◽  
The Future ◽  
The Impact

The opportunities and challenges in the field of Chinese renewable energy were analyzed through the impact of global greenhouse gas (GHG) emission reduction trade, especially CDM on Chinese renewable energy, combined with the enhancement of awareness of voluntary emission reduction, relationship between emission reduction trade and renewable energy, changes in the international trade environment and the rise of the domestic trading system. It is suggested that the renewable energy industry integrates with GHG emission reduction trading system in China and explores the huge double benefit of emission reduction and income increase with market means, providing a reference for the smooth implementation of nationwide CN ETS including varies industries in the carbon trading market in the future, and striving for the speaking right for China to set the marketing price of international GHG emission reduction trading in the future.

scholarly journals Comparation of Greenhouse Gas Emission Disclosure Before and After Enactment of the Indonesia Act No. 17 of 2004

2014 ◽  
Vol 8 (4) ◽  
pp. 225
Author(s):  
Yuztitya Asmaranti ◽  
Lindrianasari Lindrianasari
Keyword(s):  
Climate Change ◽  
Global Warming ◽  
Greenhouse Gas ◽  
Kyoto Protocol ◽  
Carbon Emissions ◽  
Greenhouse Gas Emission ◽  
Global Climate ◽  
Manufacturing Companies ◽  
Before And After ◽  
Corporate Social

Indonesia, as a country with high vulnerable to the effects of global climate change due to greenhouse gas emissions, is committed to implementing the Kyoto Protocol by issuing the Law No. 17 of 2004 regulating the ratification of the Kyoto Protocol to the United Nations Framework Convention on Climate Change. On the other hand, Indonesia with the second largest tropical forest in the world is expected to contribute oxygen to protect the world's top greenhouse gas effect as the main cause of global warming. This study aims to provide empirical evidence of the extent to which the response of companies in Indonesia in addressing global warming due to carbon emissions leading to dumping greenhouse gases and what efforts done as a form of corporate social responsibility. This study found that there are differences in the disclosure of carbon emissions before and after the enactment of Indonesian Act No. 17 of 2004. However, the study also found that only about 10% of manufacturing companies in Indonesia have an action associated with a reduction in carbon emissions of the company.

scholarly journals Promoting Renewable Energy to Cope with Climate Change—Policy Discourse in Israel

2021 ◽  
Vol 13 (6) ◽  
pp. 3170
Author(s):  
Avri Eitan
Keyword(s):  
Climate Change ◽  
Renewable Energy ◽  
Greenhouse Gas Emissions ◽  
Greenhouse Gas ◽  
Climate Change Mitigation ◽  
Renewable Energies ◽  
Mitigation Strategies ◽  
Policy Discourse ◽  
Policy Makers ◽  
Change Mitigation

Evidence shows that global climate change is increasing over time, and requires the adoption of a variety of coping methods. As an alternative for conventional electricity systems, renewable energies are considered to be an important policy tool for reducing greenhouse gas emissions, and therefore, they play an important role in climate change mitigation strategies. Renewable energies, however, may also play a crucial role in climate change adaptation strategies because they can reduce the vulnerability of energy systems to extreme events. The paper examines whether policy-makers in Israel tend to focus on mitigation strategies or on adaptation strategies in renewable energy policy discourse. The results indicate that despite Israel’s minor impact on global greenhouse gas emissions, policy-makers focus more on promoting renewable energies as a climate change mitigation strategy rather than an adaptation strategy. These findings shed light on the important role of international influence—which tends to emphasize mitigation over adaptation—in motivating the domestic policy discourse on renewable energy as a coping method with climate change.

Structural safety and design under climate change

2019 ◽  
Author(s):  
Pietro Croce ◽  
Paolo Formichi ◽  
Filippo Landi
Keyword(s):  
Climate Change ◽  
Greenhouse Gas ◽  
Structural Reliability ◽  
Greenhouse Gas Emission ◽  
Extreme Value ◽  
Structural Safety ◽  
Climate Projections ◽  
Climate Conditions ◽  
Impact Of Climate Change ◽  
The Impact

<p>The impact of climate change on climatic actions could significantly affect, in the mid-term future, the design of new structures as well as the reliability of existing ones designed in accordance to the provisions of present and past codes. Indeed, current climatic loads are defined under the assumption of stationary climate conditions but climate is not stationary and the current accelerated rate of changes imposes to consider its effects.</p><p>Increase of greenhouse gas emissions generally induces a global increase of the average temperature, but at local scale, the consequences of this phenomenon could be much more complex and even apparently not coherent with the global trend of main climatic parameters, like for example, temperature, rainfalls, snowfalls and wind velocity.</p><p>In the paper, a general methodology is presented, aiming to evaluate the impact of climate change on structural design, as the result of variations of characteristic values of the most relevant climatic actions over time. The proposed procedure is based on the analysis of an ensemble of climate projections provided according a medium and a high greenhouse gas emission scenario. Factor of change for extreme value distribution’s parameters and return values are thus estimated in subsequent time windows providing guidance for adaptation of the current definition of structural loads.</p><p>The methodology is illustrated together with the outcomes obtained for snow, wind and thermal actions in Italy. Finally, starting from the estimated changes in extreme value parameters, the influence on the long-term structural reliability can be investigated comparing the resulting time dependent reliability with the reference reliability levels adopted in modern Structural codes.</p>

scholarly journals Perceptions of Food Retailers Regarding Climate Change and Greenhouse Gas Emissions

2021 ◽  
Vol 5 (4) ◽  
pp. 26-35
Author(s):  
Ayanda Pamella Deliwe ◽  
Shelley Beryl Beck ◽  
Elroy Eugene Smith
Keyword(s):  
Climate Change ◽  
Greenhouse Gas Emissions ◽  
Greenhouse Gas ◽  
Greenhouse Gas Emission ◽  
Harmful Effect ◽  
Retail Sector ◽  
Food Retail ◽  
Gas Emissions ◽  
Food Retailers ◽  
The Impact

Objective – This paper sets out to assess perceptions of food retailers regarding climate change, greenhouse gas emission and sustainability in the Nelson Mandela Bay region of South Africa. The primary objective of this study is to investigate the food retailers’ greenhouse gas emissions strategies. Climate change catastrophic potential and the harmful effect that it has had on the community and businesses has led to it being given attention from social media and in literature. Methodology/Technique – This paper covered a literature review that provided the theoretical framework. The empirical study that was carried out included self-administered questionnaires which were distributed to 120 food retailers who were selected from the population using convenience sampling. Findings - The results revealed that most of the respondents were neutral towards the impact of operational factors regarding GHG emission in the food retail sector. Novelty - There is limited research that has been conducted among food retailers from the designated population. The study provided guidelines that will be of assistance to food retailers when dealing with climate change and greenhouse gas emissions impact in the food retail sector. Type of Paper: Empirical. JEL Classification: L66, Q54, Q59. Keywords: Climate Change; Food Retailers; Greenhouse Gas Emissions; Perceptions; Strategies; Sustainability Reference to this paper should be made as follows: Deliwe, A.P; Beck, S.B; Smith, E.E. (2021). Perceptions of Food Retailers Regarding Climate Change and Greenhouse Gas Emissions, Journal of Business and Economics Review, 5(4) 26–35. https://doi.org/10.35609/jber.2021.5.4(3)

scholarly journals Heatwaves in the Future Warmer Climate of South Africa

Atmosphere ◽  
2020 ◽  
Vol 11 (7) ◽  
pp. 712
Author(s):  
Innocent Mbokodo ◽  
Mary-Jane Bopape ◽  
Hector Chikoore ◽  
Francois Engelbrecht ◽  
Nthaduleni Nethengwe
Keyword(s):  
Climate Change ◽  
South Africa ◽  
Greenhouse Gas ◽  
Greenhouse Gas Emission ◽  
Heat Waves ◽  
Future Climate ◽  
Future Climate Change ◽  
South African Society ◽  
Average Maximum ◽  
The Future

Weather and climate extremes, such as heat waves (HWs), have become more frequent due to climate change, resulting in negative environmental and socioeconomic impacts in many regions of the world. The high vulnerability of South African society to the impacts of warm extreme temperatures makes the study of the effect of climate change on future HWs necessary across the country. We investigated the projected effect of climate change on future of South Africa with a focus on HWs using an ensemble of regional climate model downscalings obtained from the Conformal Cubic Atmospheric Model (CCAM) for the periods 2010–2039, 2040–2069, and 2070–2099, with 1983–2012 as the historical baseline. Simulations were performed under the Representative Concentration Pathway (RCP) 4.5 (moderate greenhouse gas (GHG) concentration) and 8.5 (high GHG concentration) greenhouse gas emission scenarios. We found that the 30-year period average maximum temperatures may rise by up to 6 °C across much of the interior of South Africa by 2070–2099 with respect to 1983–2012, under a high GHG concentration. Simulated HW thresholds for all ensemble members were similar and spatially consistent with observed HW thresholds. Under a high GHG concentration, short lasting HWs (average of 3–4 days) along the coastal areas are expected to increase in frequency in the future climate, however the coasts will continue to experience HWs of relatively shorter duration compared to the interior regions. HWs lasting for shorter duration are expected to be more frequent when compared to HWs of longer durations (over two weeks). The north-western part of South Africa is expected to have the most drastic increase in HWs occurrences across the country. Whilst the central interior is not projected to experience pronounced increases in HW frequency, HWs across this region are expected to last longer under future climate change. Consistent patterns of change are projected for HWs under moderate GHG concentrations, but the changes are smaller in amplitude. Increases in HW frequency and duration across South Africa may have significant impacts on human health, economic activities, and livelihoods in vulnerable communities.

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