Under an agreement between Darwin Liquid Natural Gas and the Northern Territory Government, the company pays the government an annual fee of $ 1 million
for carbon abatement.
However, Indigenous lands offer mature established native forests (natural carbon sinks) that have a significant capacity
for carbon abatement, and would benefit from carbon certificates in recognition of this, rather than being forced into plantations.
Already, people close to the fossil fuel industry have begun to talk of geoengineering as a substitute
for carbon abatement.
Bio-SNG (Synthetic Natural Gas) delivered via the gas grid offers CO2 lifecycle savings of up to 90 % compared with fossil fuel alternatives, and offer sa more cost - effective solution than electricity
for carbon abatement in transport applications, according to a new feasibility study published by National Grid (UK), the North East Process Industry Cluster (NEPIC) and Centrica.
Bio-SNG (Synthetic Natural Gas) delivered via the gas grid offers CO2 lifecycle savings of up to 90 % compared with fossil fuel alternatives, and offer sa more cost - effective solution than electricity
for carbon abatement in transport applications, according to a new... Read more →
Not exact matches
Environmental Advocates of New York says the Cuomo team deserves credit
for its aggressive State Energy Plan, but cautions the goals may be just out of reach should the state go the way of re-firing outdated fossil fuel plants and raiding
carbon abatement programs like the Regional Greenhouse Gas Initiative.
Without dedicated revenues from
carbon regulations, the CDR field is left to fight an uphill battle against other GHG
abatement approaches
for the limited public funding available
for energy / environment technology R&D.
The SkyShares model enables users to relate a target limit
for temperature change to a global emissions ceiling; to allocate this emissions budget across countries using different policy rules; and then uses estimated marginal
abatement costs to calculate the costs faced by each country of decarbonising to meet its emissions budget, with the costs
for each country depending in part on whether and how much
carbon trading is allowed.
While the Government says
carbon abatement costs per tonne of
carbon dioxide equivalent (CO2e) should be about # 56 ($ 87)
for road transport, the report says the cost using the current generation of biofuels ranges from about # 105 to # 715 ($ 165 - 1,100).
For a given level of
carbon abatement, people deciding to reduce their own
carbon pollution will lead to less disruption to polluting industries and hence less economic cost.
A considered panel of the world's most eminent pure market economists concluded that of 15 different systems
for cutting emissions, the three worst, the three least effective, the three most costly per tonne of
abatement were variations of the
carbon tax or ETS.
A magazine which excels at publishing calls
for green technology and
carbon abatement is Climate Spectator.
I also found it interesting to see the less than strident call
for abatement of
carbon dioxide emissions at the time those papers were published.
The Investment Summary Report notes the fraction of funding that reduce
carbon emissions (overall 80 %)
for energy efficiency (57 %), clean & renewable energy (15 %), and GHG
abatement (8 %) programs.
That is, the wholesale cost of electricity
for the simulated system would be seven times more than now, with an
abatement cost that is 13 times the starting price of the Australian
carbon tax and 30 times the European
carbon price.
Urs led several large technical assistance programs
for greenhouse gas
abatement and
carbon markets in India and Latin America.
Several studies have been done of the costs
for various
carbon abatement strategies, such as this one by McKinsey & Company.
The geo - clique are lobbying
for a huge injection of public funds into geoengineering research, justified on the grounds that «the world» (read America in the era of the Tea Party) will never countenance the
carbon abatement policies we so badly need.
Even under optimistic assumptions about global
carbon abatement, the Earth is expected to warm by 4oC or more by the end of the century, making it hotter than it has been
for 15 million years, and crossing several tipping points along the way that will make it impossible to stabilise the global temperature at any level.
If the SCC can be shown to be negative at current levels of
abatement (and bear in mind that your excellent chart of net benefits
for various
abatement paths refers to benefits relative to the 2010 policy stance) then I'd be content to freeze policy at current levels but to steadily transfer all policies to a
carbon tax, or at least to cost them on a common basis, ie to treat renewable subsidies as implicit
carbon taxes.
This economy - wide transition represents opportunities through demand created
for materials needed to drive
carbon abatement; however, it also poses risks associated with shifts away from some incumbent commodity use.
re negative
carbon prices: SCC calculations allow
for a level at which (marginal)
abatement costs exceed projected damages so the SCC is negative.
While the statement above is true — and while more publicly funded R&D into all greenhouse gas
abatement strategies (including
carbon removal) is almost certainly a positive thing — focusing exclusively on this «one thing» to fight climate change is likely sub-optimal
for a number of reasons:
Carbon removal solutions will not lead to moral hazard around reducing emissions, as
carbon removal proponents will work to build
carbon removal as a complement to GHG
abatement solutions
for mitigating climate change.
We show that when SGE is a less perfect substitute
for abatement — that is, when damages from
carbon concentrations matter more relative to damages from temperature — then SGE is used less intensively and
abatement is used more intensively.
This analytical report argues that the structure of the Clean Development Mechanism (CDM) has reduced the effectiveness of the resources spent on
carbon reduction and attempts to measure the cost of the ineffectiveness analysing the projects registered under the CDM by measuring their cost of
abatement against the price paid
for doing the
abatement.
Joe Morrison, CEO of the North Australian Indigenous Land and Sea Management Alliance, explained that «in time, as the
carbon market matures and world prices per tonne rise, these credits will more than pay
for the costs of the fire
abatement projects.»
Under the State Government's two - year - old Greenhouse Gas
Abatement Scheme, energy suppliers such as AGL and Energy Australia must buy
carbon credits to meet mandatory targets
for reducing greenhouse gas.
«The court's decision to dismiss the lawsuit regarding the Zero Emission Credit segment of New York's Clean Energy Standard (CES) is good news
for New York's climate efforts and citizens across the state because it preserves the most cost - effective source of
carbon abatement available to consumers.
In short, supporting Indigenous futures on country has the potential to generate economic benefits - not just
for Aboriginal people, but also
for the nation - in meeting international biodiversity conservation obligations and potentially in meeting
carbon abatement goals.103
Winner of the 2007 Eureka Prize
for innovative solutions to climate change, the Western Arnhem Land Fire
Abatement (WALFA) project, utilises traditional fire burning practices to reduce
carbon emissions and generate income
for local communities.
IPAs have already set international benchmarks
for innovative
carbon abatement programs involving funding partnerships with industry to offset
carbon emissions.
[43] Aboriginal and Torres Strait Islander peoples will be able to conduct
carbon abatement projects on land rights land or native title land as part of the CFI and be issued with ACCUs
for any
carbon reduction or removal achieved.
It has the potential to leverage economic benefits
for Aboriginal and Torres Strait Islander peoples through participation in
carbon abatement projects.
[45] A methodology contains detailed rules
for «implementing and monitoring specific
abatement activities and generating
carbon credits under the scheme».