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Author: Great Britain: Parliament: House of Commons: Energy and Climate Change Committee
Publisher: The Stationery Office
ISBN: 9780215047342
Category : Science
Languages : en
Pages : 142
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Book Description
Europe should set a target to reduce CO2 emissions by 30% on 1990 levels by 2020 in order to demonstrate political leadership in the run up to UN climate talks in 2015, when political consensus could be reached on a new international agreement to replace the Kyoto protocol. The Kyoto Protocol created an invaluable architecture for future agreements - including common emissions reporting, accounting standards and a compliance system - but it should not be renewed after 2020. Instead, diplomatic efforts should now be focused on reaching a new, and genuinely international, agreement via the promising Platform negotiated last year in Doha. Europe's influence over future international negotiations would be greatly increased if its own economy was decarbonised more. The Human Development Index should be used in future to determine equitably which countries are treated as 'developed' - and required to decrease their emissions immediately. Given the severe fiscal constraints in most developed countries, it is unlikely that the US $100 billion Green Climate Fund target will be reached by 2020 unless an innovative mechanism is developed to budgetary contributions. The UK should exploit its expertise in financial services to develop innovative mechanisms for levering in more private investment. The Government should support moves to eliminate the $400 billion of fossil fuel subsidies across the world, while ensuring that this is done in a way that does not worsen fuel poverty. The Government should also show leadership by acknowledging that consumption in the UK and some other developed countries is driving up territorial emissions elsewhere
Author: Great Britain: Parliament: House of Commons: Energy and Climate Change Committee
Publisher: The Stationery Office
ISBN: 9780215047342
Category : Science
Languages : en
Pages : 142
Get Book Here
Book Description
Europe should set a target to reduce CO2 emissions by 30% on 1990 levels by 2020 in order to demonstrate political leadership in the run up to UN climate talks in 2015, when political consensus could be reached on a new international agreement to replace the Kyoto protocol. The Kyoto Protocol created an invaluable architecture for future agreements - including common emissions reporting, accounting standards and a compliance system - but it should not be renewed after 2020. Instead, diplomatic efforts should now be focused on reaching a new, and genuinely international, agreement via the promising Platform negotiated last year in Doha. Europe's influence over future international negotiations would be greatly increased if its own economy was decarbonised more. The Human Development Index should be used in future to determine equitably which countries are treated as 'developed' - and required to decrease their emissions immediately. Given the severe fiscal constraints in most developed countries, it is unlikely that the US $100 billion Green Climate Fund target will be reached by 2020 unless an innovative mechanism is developed to budgetary contributions. The UK should exploit its expertise in financial services to develop innovative mechanisms for levering in more private investment. The Government should support moves to eliminate the $400 billion of fossil fuel subsidies across the world, while ensuring that this is done in a way that does not worsen fuel poverty. The Government should also show leadership by acknowledging that consumption in the UK and some other developed countries is driving up territorial emissions elsewhere
Author: Great Britain: Parliament: House of Commons
Publisher: The Stationery Office
ISBN: 9780215062277
Category : Political Science
Languages : en
Pages : 350
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Book Description
On cover and title page: House, committees of the whole House, general committees and select committees. On title page: Returns to orders of the House of Commons dated 14 May 2013 (the Chairman of Ways and Means)
Author: Great Britain: Parliament: House of Commons: Energy and Climate Change Committee
Publisher: The Stationery Office
ISBN: 0215075994
Category : Business & Economics
Languages : en
Pages : 52
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Book Description
The Green Deal was launched in January 2013 to help Britain's households and businesses make energy efficiency improvements. The Government has called it "a long-term and progressive programme. In December 2012, the Committee launched Green Deal: watching brief inquiry, to follow the Green Deal from its inception and monitor its debut on the UK market. In May 2013, the Committee published the Green Deal: watching brief report in which were outlined concerns about the lack of clarity regarding the outcomes that Department of Energy and Climate Change (DECC) expected from the Green Deal. Green Deal: watching brief (part 2) reviews the performance of the Green Deal and Energy Company Obligation (ECO) in the seven key areas outlined in the previous report, assess DECC's approach to evaluating and monitoring the performance of the Green Deal and ECO, and considers DECC's recent proposals to improve the Green Deal and reduce the cost of ECO. The report found that the Green Deal, rather than facilitating access to energy efficiency measures and creating momentum in the market, has caused frustration and confusion for both consumers and businesses in the supply chain. Only 4,000 Green Deal plans have so far been initiated. As a result, carbon savings through Green Deal finance have been negligible. Therefore the Government must re-evaluate its approach and set out a clear strategy to revive the failing scheme, as unless the package is made more attractive to a wider group of consumers, Green Deal finance is likely to remain unappealing to many.
Author: Great Britain: Parliament: House of Commons: Energy and Climate Change Committee
Publisher: The Stationery Office
ISBN: 0215072774
Category : Business & Economics
Languages : en
Pages : 72
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Book Description
The Energy and Climate Change Committee urge the Government to fast-track final funding decisions on two pilot Carbon capture and storage (CCS) projects at Peterhead and Drax by early 2015, after years of delay in the 'competition' launched to provide capital support for the industry. This delay has called into question the credibility of Government policy designed to support CCS deployment in the UK. The technology - which can be fitted to coal and gas power stations - is vital to limit climate change because there is more CO2 locked up in fossil fuel reserves than can be safely burnt without pushing global temperatures beyond 2 degrees Celsius - a dangerous threshold according to scientists. The higher costs associated with fitting and running CCS means that it is likely to develop only in response to specific policy intervention and will need subsidy. The Government should be transparent about the costs of CCS and how they will be met. Guaranteed price tariffs for low carbon energy - called 'Contracts for Difference' (CfD) - will be essential to incentivise CCS projects and provide a route to market for non-competition projects. Deploying CCS in the UK early could also deliver significant economic benefits. It could increase UK plc's future share of the global CCS market and open up a potential 'storage market' using the UK's offshore geological storage capacity - thought to amount to 70 billion tonnes of CO2 or over a century of UK emissions - while protecting jobs associated with the UK's coal and energy intensive industries.
Author: United Nations Framework Convention on Climate Change
Publisher:
ISBN: 9789292190316
Category : Climatic changes
Languages : en
Pages : 216
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Book Description
This handbook provides an overview of the United Nations Framework Convention on Climate Change as of August 2006. It focuses on the institutional framework of the Convention and the actions taken by the Conference of the Parties to the Convention.
Author: Great Britain. Parliament. House of Commons. Energy and Climate Change Committee
Publisher: The Stationery Office
ISBN: 0215081544
Category : Business & Economics
Languages : en
Pages : 48
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Book Description
Carbon pricing is a necessary element in spurring climate change mitigation action. In this report it's argued that emissions trading, as an established and well recognised policy instrument for controlling greenhouse gas emissions, is increasingly popular and spreading around the world. As they develop, emissions trading systems should be designed so that they are compatible with each other. Aligning design elements early on will help improve the prospects of linking different systems in future and, therefore, maximise opportunities for cost-effective emissions reductions. As the world's oldest and largest market, the EU Emission Trading System will play a critical role in facilitating linking between different markets. Before it can do this, however, it must be seen as a credible market. The issue of surplus allowances must be addressed urgently and there should be moves to remove these from the system as soon as possible. Any new climate agreement must crucially allow parties to meet their Intended Nationally Determined Contribution's (INDCs) by transferring parts of their contributions to other parties and financing emissions reduction activities in other countries. The use of carbon markets will greatly improve the prospects of keeping global average temperatures below 2êC. Any agreement reached at the UNFCCC COP 21 in Paris at the end of 2015 should promote the use of carbon markets and facilitate the future linking of emissions trading systems. The UNFCCC could also play a critical role in providing basic standards including monitoring, reporting and verification.
Author: C. Fred Bergsten
Publisher: Peterson Institute for International Economics
ISBN: 0881326925
Category : Business & Economics
Languages : en
Pages : 449
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Book Description
The terrain of the world trading system is shifting as countries in Asia, Europe, and North America negotiate new trade agreements. However, none of these talks include both China and the United States, the two biggest economies in the world. In this pathbreaking study, C. Fred Bergsten, Gary Clyde Hufbauer, and Sean Miner argue that China and the United States would benefit substantially from a bilateral free trade and investment accord. In the process, they contend, each country would also achieve progress in addressing its internal economic challenges, such as the low saving rate in the United States. Achieving greater trade and investment integration could be accomplished with one comprehensive effort or through step-by-step negotiations over key issues. The authors call on the United States to seek liberalization of China's services sector as vital to securing an agreement, and they explain that such contentious matters as cyber espionage and currency manipulation be handled through parallel negotiations rather than in the agreement itself. This is an important study of the benefits and difficulties of a complex matter that could yield dividends to the two economies and help stabilize the security and well-being of the rest of the world.
Author: Great Britain: Parliament: House of Commons: Energy and Climate Change Committee
Publisher: The Stationery Office
ISBN: 9780215048295
Category : Business & Economics
Languages : en
Pages : 40
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Book Description
The Committee held a pre-appointment hearing with the Government's preferred candidate for the post of chair of the Committee on Climate Change, Lord Deben (the former MP and Government minister, John Gummer). It concludes that he is a suitable candidate and recommends that he be appointed to the position
Author: Great Britain. Parliament. House of Commons. Energy and Climate Change Committee
Publisher: The Stationery Office
ISBN: 9780215054586
Category : Business & Economics
Languages : en
Pages : 186
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Book Description
Failure to build a new fleet of nuclear power stations in the UK could make it much more expensive to meet our climate change targets and Ministers must urgently develop a back-up energy strategy. The nuclear industry has outlined plans that would deliver 16GW new nuclear power stations by 2025. Although the Government and industry have learnt some important lessons from this process, there are still a number of obstacles which could delay new build projects in the UK. The Committee supports the Government's use of "Contracts for Difference" (CfDs) to help make new nuclear power stations easier to finance, but are concerned at the lack of transparency around the price negotiations. The new contracts must provide value for money for consumers and should not be offered at a price that is higher than other low-carbon sources of energy, such as offshore wind, which is hoped to be around £100/MWh by 2020. Public attitudes have an important role to play in projects to build new nuclear power stations. The Committee is concerned that local communities might not be able to take part in planning consultations on an equal footing with the project developers. The report recommends that the Government should consider providing more support to local community groups so that they can engage better with the planning process. The Government has plans to allow local authorities hosting renewable energy projects to retain business rates. The report argues that this scheme should be extended to new nuclear projects too.
Author: Great Britain: Parliament: House of Commons: Environmental Audit Committee
Publisher: The Stationery Office
ISBN: 9780215062475
Category : Science
Languages : en
Pages : 160
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Book Description
The UK's existing carbon budgets represent the minimum level of emissions reduction required to avoid a global 2 degrees temperature rise - regarded as a dangerous threshold - and the UK's leading climate scientists do not believe loosening the budgets is warranted. The current (2008-2012) and second (2013-2017) carbon budgets will be easily met because of the recession. But the UK is not on track to meet the third (2018-22) and fourth budgets (2023-2027), because not enough progress is being made in decarbonising transport, buildings and heat production. The Government's Carbon Plan - which set milestones for five key Government Departments to cut carbon - is out of date without any quarterly progress reports published yet. The Green Deal has also had low take-up rates so far. The Government should set a 2030 decarbonisation target for the power sector now, rather than in 2016 as the Energy Bill sets out. The Government should also reconsider placing a statutory duty on local authorities to produce low-carbon plans for their area. The current low-carbon price in the EU ETS - the result of the economic downturn of recent years and over-allocation of emissions permits - also means that that scheme will not deliver the emissions reductions envisaged when the fourth carbon budget was set. Without any tightening of the EU ETS increased pressure will therefore be placed on the non-traded sector, which will have to produce further emissions reductions to cover the emerging gap left by the traded sector
