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1.
Forest carbon sinks have been included in the Kyoto Protocol as one of the mechanisms for mitigating climate change. Consequently, credited sinks decrease the need to reduce emissions.We analyse in detail both the economywide and the sectoral effects of inclusion of carbon sinks as agreed upon in Bonn and Marrakesh for the first commitment period of 2008–2012. The focus of our analysis is the special treatment for Canada and Japan that allows them larger sinks. The analysis is performed with the multi-region computable general equilibrium (CGE) model GTAP-E.

New Zealand benefits most from the inclusion of sinks as it gains large carbon sinks from afforestation. Also in Sweden, Canada and Japan the costs of achieving the emission target are considerably reduced. Of these countries, only Canada has high costs without sinks. Thus credited sinks partly reduce the difference in economic burden of achieving the Kyoto target among countries. Even though larger sinks clearly benefit Canada and Japan, their effect on other countries, either on the economywide or on the sectoral level, remains marginal. Allowing larger sinks is, indeed, of relatively minor importance for the world economy and emission reduction, compared to the US withdrawal from the Kyoto Protocol.  相似文献   

2.
由土地利用、土地利用变化和林业（LULUCF）活动产生的生态系统的固碳作用,是降低大气中温室气体浓度增加速度的重要途径之一。1997-2001年,经历了长达4 a的艰苦谈判,最终达成了第一承诺期附件一国家利用LULUCF的规则。2008年开始,国际社会开始磋商第二承诺期附件一国家如何利用LULUCF活动的规则。主要缔约方就第二承诺期LULUCF规则提出了各自的观点,发达国家的观点主要包括提高开展碳汇活动的积极性、降低LULUCF规则的复杂性和减少成本、增加《京都议定书》3.4条款下的合格活动等,其目的是在第二承诺期能够利用更多的碳汇完成减排义务;发展中国家主要提出要系统地考虑土地利用造成的温室气体排放和CO2的吸收。最后,针对附件一缔约方在第二承诺期利用LULUCF活动规则,提出了我国应采取的对策建议。  相似文献   

3.
 由土地利用、土地利用变化和林业（LULUCF）活动产生的生态系统的固碳作用,是降低大气中温室气体浓度增加速度的重要途径之一。1997-2001年,经历了长达4 a的艰苦谈判,最终达成了第一承诺期附件一国家利用LULUCF的规则。2008年开始,国际社会开始磋商第二承诺期附件一国家如何利用LULUCF活动的规则。主要缔约方就第二承诺期LULUCF规则提出了各自的观点,发达国家的观点主要包括提高开展碳汇活动的积极性、降低LULUCF规则的复杂性和减少成本、增加《京都议定书》3.4条款下的合格活动等,其目的是在第二承诺期能够利用更多的碳汇完成减排义务;发展中国家主要提出要系统地考虑土地利用造成的温室气体排放和CO2的吸收。最后,针对附件一缔约方在第二承诺期利用LULUCF活动规则,提出了我国应采取的对策建议。  相似文献   

4.
《Climate Policy》2002,2(2-3):179-196
The agreement on implementation of the Kyoto Protocol achieved at COP7 in Marrakech has important implications for investment in greenhouse gas emission reduction projects in developing countries through the Clean Development Mechanism (CDM). The required actual emission reductions for participating Annex B countries overall will be relatively small, as the United States do not intend to ratify the protocol and significant amounts of carbon sequestered in domestic sinks can be credited. In addition, the potential supply of surplus emission permits (hot air) from Russia and other economies in transition may be as high as total demand in the first commitment period. Thus, even under restraint of hot air sellers, CDM demand will be limited, and a low demand, low price carbon market scenario appears likely.The magnitude of the CDM will be influenced by a host of factors both on the demand and the supply-side. We analyse these using a quantitative model of the global carbon market, based on marginal abatement cost curves. Implementation and transaction costs, as well as baseline and additionality rules affect the CDM’s share in the carbon market. Demand for the CDM is sensitive to changes in business-as-usual emissions growth in participating Annex B countries, and also to crediting for additional sinks. Permit supply from Russia and other economies in transition is possibly the most crucial factor in the carbon market.  相似文献   

5.
《Climate Policy》2013,13(2-3):179-196
Abstract

The agreement on implementation of the Kyoto Protocol achieved at COP7 in Marrakech has important implications for investment in greenhouse gas emission reduction projects in developing countries through the Clean Development Mechanism (CDM). The required actual emission reductions for participating Annex B countries overall will be relatively small, as the United States do not intend to ratify the protocol and significant amounts of carbon sequestered in domestic sinks can be credited. In addition, the potential supply of surplus emission permits (hot air) from Russia and other economies in transition may be as high as total demand in the first commitment period. Thus, even under restraint of hot air sellers, CDM demand will be limited, and a low demand, low price carbon market scenario appears likely.

The magnitude of the CDM will be influenced by a host of factors both on the demand and the supply-side. We analyse these using a quantitative model of the global carbon market, based on marginal abatement cost curves. Implementation and transaction costs, as well as baseline and additionality rules affect the CDM's share in the carbon market. Demand for the CDM is sensitive to changes in business-as-usual emissions growth in participating Annex B countries, and also to crediting for additional sinks. Permit supply from Russia and other economies in transition is possibly the most crucial factor in the carbon market.  相似文献   

6.
《Climate Policy》2001,1(1):27-40
Atmospheric CO2 concentration can be decreased not only by reducing fossil fuel burning but also by increasing the terrestrial ecosystems that serve as sinks for CO2. The Kyoto Protocol allows countries that are burdened with emission reduction commitments to use carbon sequestration by terrestrial sinks. However, opinions differ widely on how the inclusion of terrestrial carbon sinks in the legally binding framework (Article 3.3) will affect the demand for emission reduction during the commitment period. We approach this issue by combining a simulation model of the carbon stock change with that of land-use change. The result of the simulation shows that the Annex I countries in total may potentially claim for a net carbon offset as high as 0.2 GtC per year by carrying out ARD (Afforestation, Reforestation and Deforestation) activities. In order to come up with an effective long-term climate regime, political decisions are necessary to realize an appropriate balance between the sink enhancement and the emission reduction. Sink activities should not be too large to eliminate the efforts for emission reduction, nor too small to discourage the efforts in enhancing sinks. Although prediction of sink activities is an extremely difficult venture, several estimates of the potential should be carefully considered before political decisions. Appropriate inclusion of sink activities is also crucial for ratifying the Kyoto Protocol.  相似文献   

7.
《Climate Policy》2013,13(1):27-40
Abstract

Atmospheric CO2 concentration can be decreased not only by reducing fossil fuel burning but also by increasing the terrestrial ecosystems that serve as sinks for CO2. The Kyoto Protocol allows countries that are burdened with emission reduction commitments to use carbon sequestration by terrestrial sinks. However, opinions differ widely on how the inclusion of terrestrial carbon sinks in the legally binding framework (Article 3.3) will affect the demand for emission reduction during the commitment period. We approach this issue by combining a simulation model of the carbon stock change with that of land-use change. The result of the simulation shows that the Annex I countries in total may potentially claim for a net carbon offset as high as 0.2 GtC per year by carrying out ARD (Afforestation, Reforestation and Deforestation) activities. In order to come up with an effective long-term climate regime, political decisions are necessary to realize an appropriate balance between the sink enhancement and the emission reduction. Sink activities should not be too large to eliminate the efforts for emission reduction, nor too small to discourage the efforts in enhancing sinks. Although prediction of sink activities is an extremely difficult venture, several estimates of the potential should be carefully considered before political decisions. Appropriate inclusion of sink activities is also crucial for ratifying the Kyoto Protocol.  相似文献   

8.
《Climate Policy》2002,2(4):335-351
Parties negotiating the Kyoto Protocol recently agreed that Clean Development Mechanism (CDM) investments can include carbon sequestration projects in developing countries. However, guidelines for achieving the socio-economic and environmental objectives of the CDM, and other concerns with sinks projects, have yet to be elaborated. Independently of the Kyoto process, international efforts have advanced to define and certify sustainably managed forests through processes, such as that of the Forest Stewardship Council (FSC). In this paper, the FSC-US principles and criteria for sustainable forest management are evaluated in light of current concerns for guiding afforestation and reforestation projects in the CDM. It is found that the FSC criteria would help to meet some of the objectives of the Kyoto Protocol, including provisions to reduce the risk of premature carbon loss, and features that could somewhat lessen leakage of emissions outside the project area. Existing FSC monitoring and verification procedures provide some, but insufficient, overlap with expected requirements for measuring carbon stock changes. FSC principles and criteria articulate stringent guidelines for meeting environmental and social goals that reflect years of negotiations between environmental, timber, human rights and labor interests.  相似文献   

9.
《Climate Policy》2013,13(4):335-351
Abstract

Parties negotiating the Kyoto Protocol recently agreed that Clean Development Mechanism (CDM) investments can include carbon sequestration projects in developing countries. However, guidelines for achieving the socio-economic and environmental objectives of the CDM, and other concerns with sinks projects, have yet to be elaborated. Independently of the Kyoto process, international efforts have advanced to define and certify sustainably managed forests through processes, such as that of the Forest Stewardship Council (FSC). In this paper, the FSC-US principles and criteria for sustainable forest management are evaluated in light of current concerns for guiding afforestation and reforestation projects in the CDM. It is found that the FSC criteria would help to meet some of the objectives of the Kyoto Protocol, including provisions to reduce the risk of premature carbon loss, and features that could somewhat lessen leakage of emissions outside the project area. Existing FSC monitoring and verification procedures provide some, but insufficient, overlap with expected requirements for measuring carbon stock changes. FSC principles and criteria articulate stringent guidelines for meeting environmental and social goals that reflect years of negotiations between environmental, timber, human rights and labor interests.  相似文献   

10.
Abstract

This paper examines implementation of the Kyoto Protocol without Russia. It concludes that implementation without Russia is possible, although it requires political will on the part of the countries that wish to proceed with the Protocol. It would lead to higher compliance costs for Annex B buyer regions, but other regions, except Russia, would benefit financially. Russia would forego revenue of at least $20 billion for the first commitment period. Implementation without Russia could improve the environmental performance of the Protocol. It would reduce reliance on Annex B sinks, use of surplus assigned amount units (AAUs) for compliance, and the quantity of Kyoto units banked for subsequent commitment periods. Actual emissions by Kyoto Protocol Parties would fall, but the reduction may be offset by leakage to the US and Russia.  相似文献   

11.
Carbon Sequestration and the Restoration of Land Health   总被引：1，自引：0，他引：1  
Carbon sequestration, the conversion of greenhouse gas CO2 toorganic matter, offers a powerful tool with which to combat climate change. The enlargement of carbon sinks stored in soil and biota is an essential tool in buying time while mankind seeks means to reduce emissions of greenhouse gases and to reduce the elevated levels of atmospheric CO2. Carbon sequestration within the context of the Kyoto Protocol of the United Nations Framework Convention on Climate Change (UNFCCC) also has great potential as an incentive for combating land degradation and desertification and restoring fertility to degraded land.Decisions regarding carbon sinks during finalization of the operational details of the Kyoto Protocol in 2001 fit well the needs of countries facing land degradation and desertification. However, incentives for such mitigation through the Clean Development Mechanism of the protocol are limited to forestry issues. Iceland provides a good example of the multiple role of carbon sequestration in meeting national commitments to UNFCCC, conserving and restoring biological diversity, combating soil erosion, revegetation of eroded land and reforestation. Linking carbon sequestration with such goals has resulted in increased funds for soil conservation and restoration of degraded land in Iceland.  相似文献   

12.
《Climate Policy》2013,13(2):851-864
The clean development mechanism (CDM) under the Kyoto Protocol allows industrialized countries to use credits from greenhouse gas (GHG) abatement projects in developing countries. A key requirement of the CDM is that the emission reductions be real, measurable and additional. This article uses data from registered projects to evaluate the extent to which these objectives are met by projects that reduce hydrofluorocarbon-23 (HFC-23) emissions in the production of hydrochlorofluorocarbon-22 (HCFC-22). The data show that HCFC-22 plants produced significantly less HFC-23 during periods when no emission credits could be claimed compared with periods when HFC-23 destruction could be credited under the CDM. Moreover, the total amount of HCFC-22 produced appears to be determined mainly by CDM rules. This suggests that the claimed emission reductions may partly not be real and that the CDM provides perverse incentives to generate more HFC-23. The accelerated phase-out of HCFCs under the Montreal Protocol on Substances that Deplete the Ozone Layer could worsen this situation. To address these issues an ambitious emission benchmark for the baseline HFC-23 emissions is proposed.  相似文献   

13.
Countries with emission levels below their emission allowances have surplus Assigned Amount Units (AAUs) or other emission credits. Under the Kyoto Protocol, these surplus credits may effectively be carried from the first to a following commitment period. In the climate negotiations, various rules for carry-over and sale of surplus allowances have been put forward. This paper analyses the effect of these options on the reduction pledges for 2020, taking into account the estimated credits from the Clean Development Mechanism, Joint Implementation projects, and land-use activities for the first commitment period. For current Kyoto Protocol rules of unlimited carry-over of surplus allowances and limited carry-over of other credits, the environmental effectiveness of reduction pledges could be seriously undermined. For the group of countries that showed a willingness to participate in a second commitment period, it could imply that instead of an aggregated 2020 target resulting from the pledges of 18 to 28?% below 1990 levels by 2020, their emissions could return to business-us-usual emission projections. For the EU, a 30?% target by 2020 could imply higher emissions compared to a 20?% target, if surplus allowances would be used for achieving the 30?% but not for the 20?% target. Restricting the use of Kyoto surplus units to domestic use only, would limit the problem, but still seriously undermine the effectiveness of 2020 reduction targets.  相似文献   

14.
Slovenia is required to reduce its greenhouse gas emissions to an average of 8% below the base year 1986 in the period 2008–2012, due to the ratification of the Kyoto Protocol in 2002. It was the first of the transition countries to implement a CO2 tax in 1997. At the beginning of 2005, Slovenia joined other EU Member States by implementing the Emissions Trading Scheme. In contrast with other new EU Member States, Slovenia will be a net buyer of allowances. Therefore future movements on the emissions market will play an important role in the compliance costs of achieving the Kyoto target. The main purpose of this article is to present the establishment and characteristics of the first national allocation plan (NAP1) and to describe the main elements of the second national allocation plan (NAP2) for Slovenia within the EU Emissions Trading Scheme, the expected movements on the emissions allowances market in Slovenia, the expected compliance cost of achieving the Kyoto target and to present the main characteristics and efficiency of the CO2 tax in Slovenia.  相似文献   

15.
《Climate Policy》2002,2(1):111-117
This article evaluates the environmental effectiveness and economic efficiency of the Kyoto Protocol after the Bonn Agreement and the Marrakesh Accords. The US withdrawal has by far the greatest impact in reducing the environmental effectiveness, lowering the price of traded emission permits and reducing Annex I abatement costs. The decisions on sinks imply that the Annex I CO2-equivalent emissions without the US will come out at about 1/2% below base-year level, instead of over 4% below base-year level. Without US participation, the emission permit price is estimated to be low. Therefore, banking hot air by Russia and the Ukraine is of absolute importance for the development of a viable emissions trading market, and would also enhance the environmental effectiveness of the Kyoto Protocol.  相似文献   

16.
《Climate Policy》2013,13(1):111-117
Abstract

This article evaluates the environmental effectiveness and economic efficiency of the Kyoto Protocol after the Bonn Agreement and the Marrakesh Accords. The US withdrawal has by far the greatest impact in reducing the environmental effectiveness, lowering the price of traded emission permits and reducing Annex I abatement costs. The decisions on sinks imply that the Annex I CO2-equivalent emissions without the US will come out at about 1/2% below base-year level, instead of over 4% below base-year level. Without US participation, the emission permit price is estimated to be low. Therefore, banking hot air by Russia and the Ukraine is of absolute importance for the development of a viable emissions trading market, and would also enhance the environmental effectiveness of the Kyoto Protocol.  相似文献   

17.
Our study is a preparatory exercise. We focus on the analysis of uncertainty in greenhouse gas emission inventories. Inventory uncertainty is monitored, but not regulated, under the Kyoto Protocol to the United Nations Framework Convention on Climate Change. Under the Convention, countries publish annual or periodic national inventories of greenhouse gas emissions and removals. Policymakers use these inventories to develop strategies and policies for emission reductions and to track the progress of these policies. However, greenhouse gas inventories contain uncertainty for a variety of reasons, and these uncertainties have important scientific and policy implications. For most countries, the emission changes agreed under the Protocol are of the same order of magnitude as the uncertainty that underlies their combined (carbon dioxide equivalent) emissions estimates. Here we apply and compare six available techniques to analyze the uncertainty in the emission changes that countries agreed to realize by the end of the Protocol’s first commitment period 2008–2012. Any such technique, if implemented, could “make or break” claims of compliance, especially in cases where countries claim fulfillment of their commitments to reduce or limit emissions. The techniques all perform differently and can thus have a different impact on the design and execution of emission control policies. A thorough comparison of the techniques has not yet been made but is needed when expanding the discussion on how to go about dealing with uncertainty under the Kyoto Protocol and its successor.  相似文献   

18.
《Climate Policy》2002,2(4):353-365
The first commitment period of the Kyoto Protocol is expected to result in only a small role for the Clean Development Mechanism (CDM), including afforestation and reforestation projects. Wide ranging concerns regarding sinks in the CDM have been reflected in the Marrakech Accords capping the total amount of emission offsets from sinks projects to be used by Annex I countries. Decisions about the second commitment period and beyond are likely to be of far greater importance for these projects.This paper contributes to the discussion on how caps on sinks under the CDM could be used to obtain overall improved outcomes for developing countries. We examine two distinctive ways in which quantitative caps on sinks in the CDM can be implemented: one, restricting the use of sinks CERs to meet targets, as under the Marrakech Accords (a cap on demand); and two, restricting supply of sink CERs using a quota system. We argue in favour of a supply side cap, if Parties are to preserve the idea of limiting sinks in the CDM. Limiting the supply of credits could lead to better financial outcomes for developing countries as a whole, make higher-cost projects viable which may have better sustainability impacts, and provide an alternative to deal with equity concerns between developing countries.  相似文献   

19.
《Climate Policy》2013,13(4):353-365
Abstract

The first commitment period of the Kyoto Protocol is expected to result in only a small role for the Clean Development Mechanism (CDM), including afforestation and reforestation projects. Wide ranging concerns regarding sinks in the CDM have been reflected in the Marrakech Accords capping the total amount of emission offsets from sinks projects to be used by Annex I countries. Decisions about the second commitment period and beyond are likely to be of far greater importance for these projects.

This paper contributes to the discussion on how caps on sinks under the CDM could be used to obtain overall improved outcomes for developing countries. We examine two distinctive ways in which quantitative caps on sinks in the CDM can be implemented: one, restricting the use of sinks CERs to meet targets, as under the Marrakech Accords (a cap on demand); and two, restricting supply of sink CERs using a quota system. We argue in favour of a supply side cap, if Parties are to preserve the idea of limiting sinks in the CDM. Limiting the supply of credits could lead to better financial outcomes for developing countries as a whole, make higher-cost projects viable which may have better sustainability impacts, and provide an alternative to deal with equity concerns between developing countries.  相似文献   

20.
We can generate a net global GHG emission reduction from developing countries (in an UNFCCC term, non-Annex 1 Parties) without imposing targets on them, if we discount CERs generated from CDM projects. The CER discounting scheme means that a part or all of CDM credits, i.e., CERs, made by developing countries through unilateral CDM projects will be retired rather than sold to developed countries to increase their emissions. It is not feasible to impose certain forms of target (whether sectoral or intensity targets) on non-Annex 1 whose emission trend is hard to predict and whose industrial structure is undergoing a rapid change.

Instead of imposing targets (a command and control approach), we should apply market instruments in generating a net global emission reduction from non-Annex 1. Since April 2005 when the first unilateral CDM was approved by the CDM Executive Board, CDM has been functioning as a market mechanism to provide incentives for developing countries to initiate their own emission reduction projects. As CDM is the only market mechanism engaging developing countries in the Kyoto Protocol, we should try to re-design CDM so that it can generate net global emission reductions by introducing the idea of discounting CERs. But in order to produce meaningful GHG emission reductions by discounting CERs, the project scope of CDM has to be expanded by relaxing project additionality criteria while maintaining strict technical additionality criteria. Agreeing on the CERs Discounting Scheme will have a better political chance than agreeing on imposing emission reduction targets on developing countries.  相似文献   

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