Clean Development Mechanism and Carbon Trading Market Construction in China

2012 ◽  
Vol 616-618 ◽  
pp. 1500-1504 ◽  
Author(s):  
Zhi Hong Yang ◽  
Shuang Jian Li ◽  
Yi Pu Zhou ◽  
Qi Wang ◽  
Qin Zhe Liu

The Clean Development Mechanism (CDM) is one of the three “flexibility” mechanisms defined in the Kyoto Protocol. Chinese government implements the CDM projects as the only way and most important means to participate in the global carbon trading market, and provides a lot of policy support; however, there are still many problems and risks during the operation of CDM projects in China: the lack of legal system, Carbon leakage, the insufficient transfer of technology and the passive market position of Chinese enterprises. Starting from the strict GHG reduction target and pilot projects of carbon trading in China, this paper constructs domestic carbon trading market on the basis of experiences and lessons of CDM projects in China; then it puts forward the basic thinking of legal system, market management and supervision system in the process of China’s carbon trading market establishment.

Author(s):  
Gabriela POPOVICIU

The Kyoto Protocol is the first international environmental agreement that sets legally binding greenhouse gas emissions (GHG) targets and timetables for Annex I countries. It incorporates emissions trading (ET), joint implementation (JI) and the clean development mechanism (CDM). From this perspective, this paper follows three aspects: (1) the global carbon trading market based on the principles of the Clean Development Mechanism (CDM) and the Kyoto Protocol, with special reference to Romania; (2) in the same time, the paper estimates the potential for Romania of the green investment scheme (GIS) under this Protocol. (3) Finally, the paper presents the National Framework Policy on CDM and GIS in Romania.


2019 ◽  
Vol 11 (5) ◽  
pp. 1482 ◽  
Author(s):  
Eun-don Jeon ◽  
Kyu-uk Lee ◽  
Chung-kook Lee

The purpose of this research was to probe beyond the scope of the “National Strategy Project on Carbon Mineralization” to develop a “United Nations Framework Convention on Climate Change, Clean Development Mechanism” (UNFCCC CDM) methodology that enables reduction of greenhouse gas (GHG) by “green cement” under the calcium sulfoaluminate (CSA) cement technologies. The findings will be utilized as the foundations and developed into the UNFCCC CDM project. There were two existing methodologies related to cement, but neither was applicable for CSA cement. The existing methodologies are applicable only when there is one clinker, but CSA cement utilizes more than one clinker. Through this research, we developed methodologies to use waste-based material for avoiding emission leakage and utilized more than one clinker to calculate GHG emissions and reduction. For this purpose, we utilized the CSA cement methodology for calculating GHG reduction compared to Portland cement and found that CSA cement allowed for a reduction of 0.281 tCO2-eq/ton above the reduction enabled by Portland cement. We are presently preparing to register the CSA cement methodology for UNFCCC CDM methodology approval. With the technology transfer and support for this CSA cement technology and methodology, developing countries will be able to achieve their national GHG reduction targets and gain carbon credits. Thus, CSA cement technology could serve as an important tool to deal with GHG emissions and climate change.


2018 ◽  
Vol 5 (2) ◽  
Author(s):  
Irhan Febijanto

At this time global warming became an environmental issue that most often discussed. At the same time, as a trigger of green house gasses business, the issue of carbon trading business became an interesting discussion, because it has an impact to improve the feasibility of the project. This paper discussed the causes of global warming, the mechanism of global warming and the efforts to reduce green house gasses using Clean Development Mechanism. In addition, carbon price fl uctuation and the procedures of carbon trading are described also. Finally, potentialClean Development Mechanism projects in energy sector and implemented Clean Development Mechanism projects in Indonesia are discussed.Key Words : Global warming, Clean Development Mechanism (CDM), CDM project, Certified Emission Reduction (CER), Carbon Trading


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