WorldWideScience

Sample records for potential carbon trading

  1. Carbon sequestration in agricultural soils: a potential carbon trading opportunity?

    International Nuclear Information System (INIS)

    Cowie, Annette L.; Murphy, Brian; Rawson, Andrew; Wilson, Brian; Singh, Bhupinderpal; Young, Rick; Grange, Ian

    2007-01-01

    Full text: Emissions trading schemes emerging in Australia and internationally create a market mechanism by which release of greenhouse gases incurs a cost, and implementation of abatement measures generates a financial return. There is growing interest amongst Australian landholders in emissions trading based on sequestration of carbon in soil through modified land management practices. Intensively cropped soils have low carbon content, due to disturbance, erosion and regular periods of minimal organic matter input. Because cropping soils in Australia have lost a substantial amount of carbon there is significant potential to increase carbon stocks through improved land management practices. Evidence from long term trials and modelling indicates that modified cropping practices (direct drilling, stubble retention, controlled traffic) have limited impact on soil carbon (0 to +2 tC02e ha-' year1) whereas conversion from cropping to pasture gives greater increases. Small-increases in soil carbon over large areas can contribute significantly to mitigation of Australia's greenhouse gas emissions. Furthermore, increase in soil organic matter will improve soil health, fertility and resilience. However, the inclusion of soil carbon offsets in an emissions trading scheme cannot occur until several barriers are overcome. The first relates to credibility. Quantification of the extent to which specific land management practices can sequester carbon in different environments will provide the basis for promotion of the concept. Current research across Australia is addressing this need. Secondly, cost-effective and accepted methods of estimating soil carbon change must be available. Monitoring soil carbon to document change on a project scale is not viable due to the enormous variability in carbon stocks on micro and macro scales. Instead estimation of soil carbon change could be undertaken through a combination of baseline measurement to assess the vulnerability of soil carbon

  2. Energy efficiency and carbon trading potential in Malaysia

    International Nuclear Information System (INIS)

    Oh, Tick Hui; Chua, Shing Chyi

    2010-01-01

    The damage inflicted by global warming is happening far faster than any experts have predicted or anticipated. Since the Kyoto Protocol was signed in 1997 to fight global warming through reducing global greenhouse gases (GHGs) emission, the world climate pattern has worsened at an accelerated rate beyond expectation. While developed countries sanctioned by the protocol are committed to achieve their GHG emission targets, developing nations play similar roles on a voluntary basis. Since almost all of the GHGs emissions come from energy sector, it is obvious that energy policy and related regulatory frameworks play imperative roles in realizing the Kyoto Protocol objectives. With carbon dioxide (CO 2 ) touted as the main remedy in the GHGs emissions, it is only reasonable that carbon trading becomes the essential element in the Protocol. Recently a milestone is marked in the Kyoto Protocol with the 2009 Climate Summit in Copenhagen, Denmark, with all participating countries further committed themselves in fulfilling the protocol's obligations before the commitment period due in 2012. It is worthwhile to review the various energy efficiency efforts and carbon trading potential in Malaysia, a country which although does not bear any obligation, has ratified and lauded the cause of the protocol. Malaysia as a developing nation is seen as a direct beneficiary from carbon trading and in this paper, how the country energy policies have evolved over the years with concerted efforts from the government to minimize its carbon footprint through numerous energy efficiency implementations are discussed in length. The impact from the 2009 Climate Summit on Malaysia is also briefed. (author)

  3. Scenario-based potential effects of carbon trading in China: An integrated approach

    International Nuclear Information System (INIS)

    Zhang, Cheng; Wang, Qunwei; Shi, Dan; Li, Pengfei; Cai, Wanhuan

    2016-01-01

    Highlights: • Carbon dioxide shadow price shows a negative asymmetrical correlation with carbon dioxide emissions in China. • The implements of carbon trading can bring Porter Hypothesis effect significantly. • Provincial carbon trading can reduce carbon intensity by 19.79–25.24% in China. - Abstract: Using China’s provincial panel data and national panel data of OECD (Organization for Economic Co-operation and Development) and BRICS (Five major emerging national economies: Brazil, Russia, India, China and South Africa), this paper simulates the scenario-based potential effect of carbon trading in China. Analysis methods included Stochastic Frontier Analysis, Difference-in-differences Model, and Nonlinear Programming Technique. Results indicated that in a theory-based view of carbon trading, the shadow price of carbon dioxide generally rises, with a non-linear negative correlation with carbon dioxide emissions. In different regions, the shadow price of carbon dioxide presents a digressive tendency among eastern, central, and western areas, with divergent gaps between and within areas. When the greatest goal is assumed to reduce national carbon intensity as much as possible at the given national GDP (Gross Domestic Product) (Scenario I), carbon trading has the effect of reducing carbon intensity by 19.79%, with the consideration of Porter Hypothesis effect. If the rigid constraint of national GDP is relaxed, and the dual constraint of both economic growth and environment protection in each region is introduced (Scenario II), the resulting effect is a reduced carbon intensity of 25.24%. China’s general carbon intensity in 2012 was higher than goals set at the Copenhagen Conference, but lagged behind the goal of Twelfth Five-Year Plan for National Economy. This study provides realistic and significant technical support for the government to use in designing and deploying a national carbon trading market.

  4. Border carbon adjustments: Addressing emissions embodied in trade

    International Nuclear Information System (INIS)

    Sakai, Marco; Barrett, John

    2016-01-01

    Approximately one fourth of global emissions are embodied in international trade and a significant portion flows from non-carbon-priced to carbon-priced economies. Border carbon adjustments (BCAs) figure prominently as instruments to address concerns arising from unilateral climate policy. Estimating the volume of emissions that could be potentially taxed under a BCA scheme has received little attention until now. This paper examines how a number of issues involved in the implementation of BCAs can affect their ability to cover emissions embodied in trade and thus address carbon leakage. These issues range from ensuring compliance with trade provisions and assumptions on the carbon intensity of imports, to determining which countries are included and whether intermediate and final demand are considered. Here we show that the volume of CO_2 captured by a scheme that involved all Annex B countries could be significantly reduced due to these issues, particularly by trade provisions, such as the principle of ‘best available technology’ (BAT). As a consequence, the tariff burdens faced by non-Annex B parties could dwindle considerably. These findings have important policy implications, as they question the effectiveness and practicalities of BCAs to reduce carbon leakage and alleviate competitiveness concerns, adding further arguments against their implementation. - Highlights: •We estimate the volume of emissions that could be potentially taxed by BCAs. •We study the effects of trade provisions and country and sectoral coverage on BCAs. •Trade provisions can significantly reduce the scope and effectiveness of BCAs. •Best available technology and exclusion of electricity reduce tariffs considerably. •BCAs are not optimal policy tools to address carbon leakage concerns.

  5. Voluntary emission trading potential of Turkey

    International Nuclear Information System (INIS)

    Ari, İzzet

    2013-01-01

    Climate change is likely to cause serious market failures, and carbon trading as a market instrument can help correct its negative impacts. The global carbon markets established to combat climate change include regulatory and voluntary markets. Turkey cannot utilise regulatory carbon markets under the Kyoto Protocol. As a result of her unique position in the UNFCCC, some offsetting projects in Turkey have benefitted only voluntary emission trading for the reduction of GHG emissions. Due to on-going climate change negotiation under the UNFCCC, it seems that Turkey will not use the current regulatory carbon markets. Thus, Turkey should promote the use of and participation in voluntary carbon markets. In this article, emission reduction potential via energy efficiency, renewable energy and solid waste management, and corresponding offsetting of credits with their estimated prices is investigated for the period between 2013 and 2020. The emission reduction potential for energy efficiency, renewable energy and solid waste management projects are estimated at 403, 312 and 356 million tons of CO 2 equivalent emissions respectively, totalling 1,071 million tons of CO 2 equivalent. The total revenue of the carbon certificates are estimated in the range of 19,775–33,386 million US Dollars for the same period. -- Highlights: •Turkey has 1,071 million tons GHG emission reduction in three sectors for 2013–2020. •Turkey can only use voluntary emission trading for reduction of GHGs. •Total revenue estimation could be between 19,775 and 33,386 million US Dollars. •Turkey's economy and emissions have been rapidly growing. •Turkey can more easily reduce its emission by using voluntary emission trading

  6. Carbon Trading. Literature Overview

    International Nuclear Information System (INIS)

    Kerste, M.; Weda, J.; Rosenboom, N.

    2010-12-01

    From Pigou and Coase to the Kyoto Protocol, carbon trading has resulted in pricing of the negative externalities emanating from pollution. This report highlights leading literature and empirical findings on carbon trading, amongst others addressing the relevant carbon and related markets, the (lack of) success of carbon trading so far and room for improvement as well as its impact on investments in emission reduction. This report is part of a set of SEO-reports on finance and sustainability. The other reports deal with: Financing the Transition to Sustainable Energy; Innovations in financing environmental and social sustainability; and Sustainable investment.

  7. Trading forest carbon

    Science.gov (United States)

    The nature of carbon in forests is discussed from the perspective of carbon trading. Carbon inventories, specifically in the area of land use and forestry are reviewed for the Pacific Northwest. Carbon turnover in forests is discussed as it relates to carbon sequestration. Scient...

  8. Does trade matter for carbon emissions in OECD countries? Evidence from a new trade openness measure.

    Science.gov (United States)

    Gozgor, Giray

    2017-12-01

    This paper analyzes the impacts of the per capita income, the per capita energy consumption, and the trade openness on the level of per capita carbon emissions in the panel dataset of 35 Organization for Economic Cooperation and Development (OECD) countries over the period 1960-2013. Along with the nominal trade openness, the paper uses a different trade openness measure, so called as the "trade potential index" (TPI). To the best of our knowledge, this is the first paper that uses the TPI in the empirical environmental Kuznets curve (EKC) hypothesis literature. The paper finds that the EKC hypothesis is valid and there is an "inverted-U" relationship between the income and the carbon emissions. In addition, the paper observes that there is a positive effect of the energy consumption on the carbon emissions. Furthermore, the results indicate that both trade openness measures are negatively associated with the carbon emissions in the OECD countries in the long run.

  9. The Carbon Trading Price and Trading Volume Forecast in Shanghai City by BP Neural Network

    OpenAIRE

    Liu Zhiyuan; Sun Zongdi

    2017-01-01

    In this paper, the BP neural network model is established to predict the carbon trading price and carbon trading volume in Shanghai City. First of all, we find the data of carbon trading price and carbon trading volume in Shanghai City from September 30, 2015 to December 23, 2016. The carbon trading price and trading volume data were processed to get the average value of each 5, 10, 20, 30, and 60 carbon trading price and trading volume. Then, these data are used as input of BP neural network...

  10. Sustainable Trade Credit and Replenishment Policies under the Cap-And-Trade and Carbon Tax Regulations

    Directory of Open Access Journals (Sweden)

    Juanjuan Qin

    2015-12-01

    Full Text Available The paper considers the sustainable trade credit and inventory policies with demand related to credit period and the environmental sensitivity of consumers under the carbon cap-and-trade and carbon tax regulations. First, the decision models are constructed under three cases: without regulation, carbon cap-and-trade regulation, and carbon tax regulation. The optimal solutions of the retailer in the three cases are then discussed under the exogenous and endogenous credit periods. Finally, numerical analysis is conducted to obtain conclusions. The retailer shortens the trade credit period as the environmental sensitivity of the consumer is enhanced. The cap has no effects on the credit period decisions under the carbon cap-and-trade regulation. Carbon trade price and carbon tax have negative effects on the credit period. The retailer under carbon cap-and-trade regulation is more motivated to obey regulations than that under carbon tax regulation when carbon trade price equals carbon tax. Carbon regulations have better effects on carbon emission reduction than with exogenous credit term when the retailer has the power to decide with regards credit policies.

  11. Potentials, consequences and trade-offs of terrestrial carbon dioxide removal. Strategies for climate engineering and their limitations

    Energy Technology Data Exchange (ETDEWEB)

    Boysen, Lena R.

    2017-01-17

    For hundreds of years, humans have engineered the planet to fulfil their need for increasing energy consumption and production. Since the industrial revolution, one consequence are rising global mean temperatures which could change by 2 C to 4.5 C until 2100 if mitigation enforcement of CO{sub 2} emissions fails.To counteract this projected global warming, climate engineering techniques aim at intendedly cooling Earth's climate for example through terrestrial carbon dioxide removal (tCDR) which is commonly perceived as environmentally friendly. Here, tCDR refers to the establishment of large-scale biomass plantations (BPs) in combination with the production of long-lasting carbon products such as bioenergy with carbon capture and storage or biochar. This thesis examines the potentials and possible consequences of tCDR by analysing land-use scenarios with different spatial and temporal scales of BPs using an advanced biosphere model forced by varying climate projections. These scenario simulations were evaluated with focus on their carbon sequestration potentials, trade-offs with food production and impacts on natural ecosystems and climate itself. Synthesised, the potential of tCDR to permanently extract CO{sub 2} out of the atmosphere is found to be small, regardless of the emission scenario, the point of onset or the spatial extent. On the contrary, the aforementioned trade-offs and impacts are shown to be unfavourable in most cases. In a high emission scenario with a late onset of BPs (i.e. around 2050), even unlimited area availability for tCDR could not reverse past emissions sufficiently, e.g. BPs covering 25% of all agricultural or natural land could delay 2100's carbon budget by no more than two or three decades (equivalent to ∼550 or 800 GtC tCDR), respectively. However, simultaneous emission reductions and an earlier establishment of BPs (i.e. around 2035) could result in strong carbon extractions reversing past emissions (e.g. six or eight

  12. Potentials, consequences and trade-offs of terrestrial carbon dioxide removal. Strategies for climate engineering and their limitations

    International Nuclear Information System (INIS)

    Boysen, Lena R.

    2017-01-01

    For hundreds of years, humans have engineered the planet to fulfil their need for increasing energy consumption and production. Since the industrial revolution, one consequence are rising global mean temperatures which could change by 2 C to 4.5 C until 2100 if mitigation enforcement of CO_2 emissions fails.To counteract this projected global warming, climate engineering techniques aim at intendedly cooling Earth's climate for example through terrestrial carbon dioxide removal (tCDR) which is commonly perceived as environmentally friendly. Here, tCDR refers to the establishment of large-scale biomass plantations (BPs) in combination with the production of long-lasting carbon products such as bioenergy with carbon capture and storage or biochar. This thesis examines the potentials and possible consequences of tCDR by analysing land-use scenarios with different spatial and temporal scales of BPs using an advanced biosphere model forced by varying climate projections. These scenario simulations were evaluated with focus on their carbon sequestration potentials, trade-offs with food production and impacts on natural ecosystems and climate itself. Synthesised, the potential of tCDR to permanently extract CO_2 out of the atmosphere is found to be small, regardless of the emission scenario, the point of onset or the spatial extent. On the contrary, the aforementioned trade-offs and impacts are shown to be unfavourable in most cases. In a high emission scenario with a late onset of BPs (i.e. around 2050), even unlimited area availability for tCDR could not reverse past emissions sufficiently, e.g. BPs covering 25% of all agricultural or natural land could delay 2100's carbon budget by no more than two or three decades (equivalent to ∼550 or 800 GtC tCDR), respectively. However, simultaneous emission reductions and an earlier establishment of BPs (i.e. around 2035) could result in strong carbon extractions reversing past emissions (e.g. six or eight decades or ∼500 or

  13. Perspective of Chinese Forest Carbon Absorption Trade Based on Low-Carbon Economy

    OpenAIRE

    Wang, Ming-gang

    2011-01-01

    The paper analyzes the basis of forest carbon trade including me feasibility of carbon absorption trade, main body, platform and standard. The purposes of capital of carbon absorption trade is introduced. Caron absorption trade capital can be used to resettle ecological migrants, absorb employment, build forest and increase fund, increase local income, enhance forest science and technology development and launch environmental proportion. The perspective of developing forest carbon absorption ...

  14. Potential impact of (CET) carbon emissions trading on China’s power sector: A perspective from different allowance allocation options

    OpenAIRE

    Cong, Rong-Gang; Wei, Yi-Ming

    2010-01-01

    In Copenhagen climate conference China government promised that China would cut down carbon intensity 40e45% from 2005 by 2020. CET (carbon emissions trading) is an effective tool to reduce emissions. But because CET is not fully implemented in China up to now, how to design it and its potential impact are unknown to us. This paper studies the potential impact of introduction of CET on China’s power sector and discusses the impact of different allocation options of allowances. Agent-based mod...

  15. Carbon trading: Current schemes and future developments

    International Nuclear Information System (INIS)

    Perdan, Slobodan; Azapagic, Adisa

    2011-01-01

    This paper looks at the greenhouse gas (GHG) emissions trading schemes and examines the prospects of carbon trading. The first part of the paper gives an overview of several mandatory GHG trading schemes around the world. The second part focuses on the future trends in carbon trading. It argues that the emergence of new schemes, a gradual enlargement of the current ones, and willingness to link existing and planned schemes seem to point towards geographical, temporal and sectoral expansion of emissions trading. However, such expansion would need to overcome some considerable technical and non-technical obstacles. Linking of the current and emerging trading schemes requires not only considerable technical fixes and harmonisation of different trading systems, but also necessitates clear regulatory and policy signals, continuing political support and a more stable economic environment. Currently, the latter factors are missing. The global economic turmoil and its repercussions for the carbon market, a lack of the international deal on climate change defining the Post-Kyoto commitments, and unfavourable policy shifts in some countries, cast serious doubts on the expansion of emissions trading and indicate that carbon trading enters an uncertain period. - Highlights: → The paper provides an extensive overview of mandatory emissions trading schemes around the world. → Geographical, temporal and sectoral expansion of emissions trading are identified as future trends. → The expansion requires considerable technical fixes and harmonisation of different trading systems. → Clear policy signals, political support and a stable economic environment are needed for the expansion. → A lack of the post-Kyoto commitments and unfavourable policy shifts indicate an uncertain future for carbon trading.

  16. Trading forest carbon - OSU

    Science.gov (United States)

    Issues associate with trading carbon sequestered in forests are discussed. Scientific uncertainties associated with carbon measurement are discussed with respect to proposed accounting procedures. Major issues include: (1) Establishing baselines. (2) Determining additivity from f...

  17. Sustaining the emerging carbon trading industry development: A business ecosystem approach of carbon traders

    International Nuclear Information System (INIS)

    Hu, Guangyu; Rong, Ke; Shi, Yongjiang; Yu, Jing

    2014-01-01

    This paper explores how carbon traders nurture the business ecosystem to sustain the emerging carbon trading industry development. We collected primary data from a multinational carbon trader and its ecosystem partners in China, through the construction of interviews and documentary. The research findings show the carbon trading industry has experienced four-stage evolution with different driving forces; the carbon trader attracted and organized ecosystem partners to facilitate the CDM project owners to create carbon credits and trade them; a systematic business ecosystems approach through the lens of Context, Cooperation and Configuration, initiated by carbon traders, has facilitated the industry development. Our findings also implicate to industrial practitioners and policymakers for sustaining the emerging industry development at both the current- and the post-Kyoto protocol periods. - Highlights: • The carbon trader is a catalyst to link CDM project owner and trading market in China • The evolution of carbon trading industry has four stages with various driving forces. • Nurturing business ecosystems facilitates the carbon trading industry development. • The ecosystem approach works via the lens of Context, Configuration and Cooperation. • The ecosystem approach implicates to carbon trading industry at the post-Kyoto era

  18. Carbon trading: Literature overview

    NARCIS (Netherlands)

    Kerste, M.; Weda, J.; Rosenboom, N.

    2010-01-01

    From Pigou and Coase to the Kyoto Protocol, carbon trading has resulted in pricing of the negative externalities emanating from pollution. At the request of Duisenberg school of finance, this report highlights leading literature and empirical findings on ‘carbon trading’, amongst others addressing

  19. Carbon Footprint Management of Road Freight Transport under the Carbon Emission Trading Mechanism

    Directory of Open Access Journals (Sweden)

    Jin Li

    2015-01-01

    Full Text Available Growing concern over environmental issues has considerably increased the number of regulations and legislation that aim to curb carbon emissions. Carbon emission trading mechanism, which is one of the most effective means, has been broadly adopted by several countries. This paper presents a road truck routing problem under the carbon emission trading mechanism. By introducing a calculation method of carbon emissions that considers the load and speed of the vehicle among other factors, a road truck routing optimizing model under the cap and trade mechanism based on the Travelling Salesman Problem (TSP is described. Compared with the classical TSP model that only considers the economic cost, this model suggests that the truck routing decision under the cap and trade mechanism is more effective in reducing carbon emissions. A modified tabu search algorithm is also proposed to obtain solutions within a reasonable amount of computation time. We theoretically and numerically examine the impacts of carbon trading, carbon cap, and carbon price on truck routing decision, carbon emissions, and total cost. From the results of numerical experiments, we derive interesting observations about how to control the total cost and reduce carbon emissions.

  20. Climate policy and dependence on traded carbon

    International Nuclear Information System (INIS)

    Andrew, Robbie M; Peters, Glen P; Davis, Steven J

    2013-01-01

    A growing number of countries regulate carbon dioxide (CO 2 ) emissions occurring within their borders, but due to rapid growth in international trade, the products consumed in many of the same countries increasingly rely on coal, oil and gas extracted and burned in other countries where CO 2 is not regulated. As a consequence, existing national and regional climate policies may be growing less effective every year. Furthermore, countries that are dependent on imported products or fossil fuels are more exposed to energy and climate policies in other countries. We show that the combined international trade in carbon (as fossil fuels and also embodied in products) increased from 12.3 GtCO 2 (55% of global emissions) in 1997 to 17.6 GtCO 2 (60%) in 2007 (growing at 3.7% yr −1 ). Within this, trade in fossil fuels was larger (10.8 GtCO 2 in 2007) than trade in embodied carbon (6.9 GtCO 2 ), but the latter grew faster (4.6% yr −1 compared with 3.1% yr −1 for fuels). Most major economies demonstrate increased dependence on traded carbon, either as exports or as imports. Because energy is increasingly embodied in internationally traded products, both as fossil fuels and as products, energy and climate policies in other countries may weaken domestic climate policy via carbon leakage and mask energy security issues. (letter)

  1. The Carbon Trading Game

    International Nuclear Information System (INIS)

    Fouquet, Roger

    2003-12-01

    In response to the Kyoto Protocol, an international market for carbon dioxide tradable permits is likely to be created. Two of the key issues involved are explaining the concepts of tradable permits to industrialists, policy-makers and the man on the street, and anticipating how the market will evolve. A simple game of the market for carbon dioxide tradable permits has been developed and used that can help deal with both issues. As a pedagogical tool, this game benefits from simplicity (just a few pieces of paper are needed) and enables students to grasp the concepts and remember them through the intensity and fun of a trading 'pit'. The experiences also provide substantial insights into the evolution of the carbon dioxide permit market, particularly related to the evolution of trade volume, permit prices and country strategies

  2. Carbon Trading in the Policy mix

    International Nuclear Information System (INIS)

    Sijm, J.P.M.; Sorrell, S.

    2003-12-01

    The Kyoto Protocol is stimulating the development of emissions-trading schemes at the national and international levels. These are being introduced alongside existing policy instruments such as carbon taxes and negotiated agreements, leading to complex problems of policy interaction. But the topic of policy interaction remains under-researched. This paper aims to improve understanding of such interactions by examining the conditions under which a cap-and-trade scheme for carbon-dioxide emissions may usefully coexist with carbon/energy taxes, support mechanisms for renewable electricity, and policies to promote energy efficiency. The paper argues that each of these instrument combinations may be acceptable, provided they contribute to either improving the static or dynamic efficiency of the trading scheme, or delivering other valued policy objectives. But, since the coexisting instruments may raise overall abatement costs while contributing nothing further to emission reductions, the objectives and trade-offs within the policy mix must be explicit

  3. Trading scheme 'key' to low-carbon economy

    International Nuclear Information System (INIS)

    2006-01-01

    Federal Opposition Leader Kim Beazley has emphasised the importance of getting the economics of environmental policy right by introducing market-based mechanisms for pricing emissions. 'Market-based mechanisms such as emissions trading are central to moving to a low-carbon economy,' he said in his latest blueprint. 'A functioning carbon market will deliver a price signal, so there is a long-term incentive to cut emissions further, and a mechanism for trading, so that energy can be allocated efficiently in the economy. It will also encourage greater private investment in clean energy technology.' Mr Beazley said the new market would also reward the many companies who were already adapting to a carbon-constrained world. 'This includes those global companies in Australia that already operate in emissions trading markets overseas. An effective price signal for carbon in Australia will allow these companies to benefit directly from their good corporate citizenship and long-term vision.' Mr Beazley has committed a federal Labor government to work with state governments and business to establish the national trading scheme. He also criticised the Federal Government for refusing to ratify the Kyoto Protocol, which he argued excluded Australian businesses from participating in the emerging global carbon trade. This made it harder for businesses to break into the market for cleaner production technologies overseas. While again admitting Kyoto was not perfect, Mr Beazley said ratification would see Australia part of what would potentially be 'the biggest market in the world by 2020'. He said the recent Asia Pacific Climate Change Pact was a positive step but was not an alternative to Kyoto. 'Above all, it has no economic mechanisms to drive further change. 'Without ratifying Kyoto some of our businesses are missing out on effective participation in international schemes that offer substantial financial rewards for greenhouse gas reductions. 'By ratifying Kyoto and adopting

  4. Canadian municipal carbon trading primer

    International Nuclear Information System (INIS)

    Seskus, A.

    2002-01-01

    The trading of greenhouse gas (GHG) emissions is being suggested as an effective economic way to meet Canada's Kyoto target. Emissions trading is a market-based instrument that can help achieve environmental improvements while using the market to absorb the economical and effective measures to achieve emissions reductions. Placing a value on emissions means that in order to minimize costs, companies will be motivated to apply the lowest-cost emission reductions possible for regulatory approval. The two main types of emissions trading that exist in Canada are the trading of emissions that lead to the formation of smog or acid rain, and the trading of greenhouse gas emissions that lead to climate change. Since carbon dioxide is the most prevalent GHG, making up approximately 75 per cent of Canadian GHG emissions, the trading of units of GHGs is often referred to as carbon trading. The impact that emissions trading will have on municipal operations was the focus of this primer. The trading of GHG involves buying and selling of allowances of GHGs between contracting parties, usually between one party that is short of GHG credits and another that has excess credits. The 3 common approaches to emissions trading include allowance trading (cap and trade), credit trading (baseline and credit), and a hybrid system which combines both credit and allowance trading systems. The issues that impact municipalities include the debate regarding who owns the credits from landfills, particularly if power is generated using landfill gas and the power is sold as green power. Other viable questions were also addressed, including who can claim emission reduction credits if a city implements energy efficiency projects, or fuel substitution programs. Also, will municipalities be allowed to trade internationally, for example, with municipalities in the United States, and how should they spend their money earned from selling credits. This report also presents highlights from 3 emissions

  5. Testing the theory of emissions trading. Experimental evidence on alternative mechanisms for global carbon trading

    International Nuclear Information System (INIS)

    Klaassen, Ger; Nentjes, Andries; Smith, Mark

    2005-01-01

    Simulation models and theory prove that emission trading converges to market equilibrium. This paper sets out to test these results using experimental economics. Three experiments are conducted for the six largest carbon emitting industrialized regions. Two experiments use auctions, the first a single bid auction and the second a Walrasian auction. The third relies on bilateral, sequential trading. The paper finds that, in line with the standard theory, both auctions and bilateral, sequential trading capture a significant part (88% to 99%) of the potential cost savings of emission trading. As expected from trade theory, all experiments show that the market price converges (although not fully) to the market equilibrium price. In contrast to the theory, the results also suggest that not every country might gain from trading. In both the bilateral trading experiment and the Walrasian auction, one country actually is worse off with trade. In particular bilateral, sequential trading leads to a distribution of gains significantly different from the competitive market outcome. This is due to speculative behavior, imperfect foresight and market power

  6. Implications of carbon cap-and-trade for US voluntary renewable energy markets

    International Nuclear Information System (INIS)

    Bird, Lori A.; Holt, Edward; Levenstein Carroll, Ghita

    2008-01-01

    Many consumers today are purchasing renewable energy in large part for the greenhouse gas (GHG) emissions benefits that they provide. Emerging carbon regulation in the US has the potential to affect existing markets for renewable energy. Carbon cap-and-trade programs are now under development in the Northeast under the Regional Greenhouse Gas Initiative (RGGI) and in early stages of development in the West and Midwest. There is increasing discussion about carbon regulation at the national level as well. While renewable energy will likely benefit from carbon cap-and-trade programs because compliance with the cap will increase the costs of fossil fuel generation, cap-and-trade programs can also impact the ability of renewable energy generation to affect overall CO 2 emissions levels and obtain value for those emissions benefits. This paper summarizes key issues for renewable energy markets that are emerging with carbon regulation, such as the implications for emissions benefits claims and voluntary market demand and the use of renewable energy certificates (RECs) in multiple markets. It also explores policy options under consideration for designing carbon policies to enable carbon markets and renewable energy markets to work together

  7. The Influence of Low-carbon Economy on Global Trade Pattern

    Science.gov (United States)

    Xiao-jing, Guo

    Since global warming has seriously endangered the living environment of human being and their health and safety, the development of low-carbon economy has become an irreversible global trend. Under the background of economic globalization, low-carbon economy will surely exert a significant impact on global trade pattern. Countries are paying more and more attention to the green trade. The emission permits trade of carbon between the developed countries and the developing countries has become more mature than ever. The carbon tariff caused by the distribution of the "big cake" will make the low-cost advantage in developing countries cease to exist, which will, in turn, affect the foreign trade, economic development, employment and people's living in developing countries. Therefore, under the background of this trend, we should perfect the relevant laws and regulations on trade and environment as soon as possible, optimize trade structure, promote greatly the development of service trade, transform thoroughly the mode of development in foreign trade, take advantage of the international carbon trading market by increasing the added value of export products resulted from technological innovation to achieve mutual benefit and win-win results and promote common development.

  8. Quantitative Estimation of the Climatic Effects of Carbon Transferred by International Trade.

    Science.gov (United States)

    Wei, Ting; Dong, Wenjie; Moore, John; Yan, Qing; Song, Yi; Yang, Zhiyong; Yuan, Wenping; Chou, Jieming; Cui, Xuefeng; Yan, Xiaodong; Wei, Zhigang; Guo, Yan; Yang, Shili; Tian, Di; Lin, Pengfei; Yang, Song; Wen, Zhiping; Lin, Hui; Chen, Min; Feng, Guolin; Jiang, Yundi; Zhu, Xian; Chen, Juan; Wei, Xin; Shi, Wen; Zhang, Zhiguo; Dong, Juan; Li, Yexin; Chen, Deliang

    2016-06-22

    Carbon transfer via international trade affects the spatial pattern of global carbon emissions by redistributing emissions related to production of goods and services. It has potential impacts on attribution of the responsibility of various countries for climate change and formulation of carbon-reduction policies. However, the effect of carbon transfer on climate change has not been quantified. Here, we present a quantitative estimate of climatic impacts of carbon transfer based on a simple CO2 Impulse Response Function and three Earth System Models. The results suggest that carbon transfer leads to a migration of CO2 by 0.1-3.9 ppm or 3-9% of the rise in the global atmospheric concentrations from developed countries to developing countries during 1990-2005 and potentially reduces the effectiveness of the Kyoto Protocol by up to 5.3%. However, the induced atmospheric CO2 concentration and climate changes (e.g., in temperature, ocean heat content, and sea-ice) are very small and lie within observed interannual variability. Given continuous growth of transferred carbon emissions and their proportion in global total carbon emissions, the climatic effect of traded carbon is likely to become more significant in the future, highlighting the need to consider carbon transfer in future climate negotiations.

  9. Quantitative Estimation of the Climatic Effects of Carbon Transferred by International Trade

    Science.gov (United States)

    Wei, Ting; Dong, Wenjie; Moore, John; Yan, Qing; Song, Yi; Yang, Zhiyong; Yuan, Wenping; Chou, Jieming; Cui, Xuefeng; Yan, Xiaodong; Wei, Zhigang; Guo, Yan; Yang, Shili; Tian, Di; Lin, Pengfei; Yang, Song; Wen, Zhiping; Lin, Hui; Chen, Min; Feng, Guolin; Jiang, Yundi; Zhu, Xian; Chen, Juan; Wei, Xin; Shi, Wen; Zhang, Zhiguo; Dong, Juan; Li, Yexin; Chen, Deliang

    2016-06-01

    Carbon transfer via international trade affects the spatial pattern of global carbon emissions by redistributing emissions related to production of goods and services. It has potential impacts on attribution of the responsibility of various countries for climate change and formulation of carbon-reduction policies. However, the effect of carbon transfer on climate change has not been quantified. Here, we present a quantitative estimate of climatic impacts of carbon transfer based on a simple CO2 Impulse Response Function and three Earth System Models. The results suggest that carbon transfer leads to a migration of CO2 by 0.1-3.9 ppm or 3-9% of the rise in the global atmospheric concentrations from developed countries to developing countries during 1990-2005 and potentially reduces the effectiveness of the Kyoto Protocol by up to 5.3%. However, the induced atmospheric CO2 concentration and climate changes (e.g., in temperature, ocean heat content, and sea-ice) are very small and lie within observed interannual variability. Given continuous growth of transferred carbon emissions and their proportion in global total carbon emissions, the climatic effect of traded carbon is likely to become more significant in the future, highlighting the need to consider carbon transfer in future climate negotiations.

  10. Systems for carbon trading. An overview

    International Nuclear Information System (INIS)

    Hasselknippe, Henrik

    2003-12-01

    This paper focuses on the increasing number of regional, national and international systems for trading and transfer of greenhouse gas emission allowances and emission reduction credits. The paper will serve as a platform for further discussions on the development of the international carbon trading market. The analysis builds on the International Emissions Trading Association (IETA) Trading Schemes Database, which has been developed by Point Carbon, covering all known trading schemes and programs. A full overview of all existing trading schemes and proposals is presented, showing inter alia the outreach and judicial nature of the systems, the range and nature of emission reduction or credit purchase targets, allocation methods used, links to external systems, and possibilities for the use of project-based credits. A comparative assessment is performed on a number of design criteria, allowing for conclusions to be drawn on the level of harmonisation of these systems, and the identification of convergence or divergence of important operational features. The systems covered in the analysis display considerable variation when it comes to key design criteria and functionality. A rapid integration of many of the planned and active systems seems likely following the agreement on the EU emissions trading scheme, and will be further accelerated if the Kyoto Protocol is ratified

  11. The influencing factors of China carbon price: a study based on carbon trading market in hubei province

    Science.gov (United States)

    Li, Hao; Lei, Ming

    2018-02-01

    For the carbon market, good trading mechanism is the basis for the healthy development of the carbon trading market. In order to explore the core problem of carbon price formation, our research explores the influencing factors of the price of carbon trading market. After the preliminary statistical analysis, our study found that Hubei Province is in the leading position among seven pilots in the carbon trading volume and the transaction, so our study of carbon price takes Hubei Province as sample of the empirical research. Multi-time series model and ARCH model analysis method are used in the research, we use the data of Hubei carbon trading pilot from June 2014 to December 2016 to carry out empirical research, the results found that industrial income, energy price, government intervention and the number of participating corporation have significant effect on the carbon price, which provides a meaningful reference for the other pilots in-depth study, as well as the construction of a national carbon trading market.

  12. Potential impact of (CET) carbon emissions trading on China’s power sector: A perspective from different allowance allocation options

    DEFF Research Database (Denmark)

    Cong, Ronggang; Wei, Yi-Ming

    2010-01-01

    of traditional methods. We establish an agent-based model, CETICEM (CET Introduced China Electricity Market), of introduction of CET to China. In CETICEM, six types of agents and two markets are modeled. We find that: (1) CET internalizes environment cost; increases the average electricity price by 12......In Copenhagen climate conference China government promised that China would cut down carbon intensity 40–45% from 2005 by 2020. CET (carbon emissions trading) is an effective tool to reduce emissions. But because CET is not fully implemented in China up to now, how to design it and its potential......%; and transfers carbon price volatility to the electricity market, increasing electricity price volatility by 4%. (2) CET influences the relative cost of different power generation technologies through the carbon price, significantly increasing the proportion of environmentally friendly technologies; expensive...

  13. Potential impact of (CET) carbon emissions trading on China's power sector: A perspective from different allowance allocation options

    International Nuclear Information System (INIS)

    Cong, Rong-Gang; Wei, Yi-Ming

    2010-01-01

    In Copenhagen climate conference China government promised that China would cut down carbon intensity 40-45% from 2005 by 2020. CET (carbon emissions trading) is an effective tool to reduce emissions. But because CET is not fully implemented in China up to now, how to design it and its potential impact are unknown to us. This paper studies the potential impact of introduction of CET on China's power sector and discusses the impact of different allocation options of allowances. Agent-based modeling is one appealing new methodology that has the potential to overcome some shortcomings of traditional methods. We establish an agent-based model, CETICEM (CET Introduced China Electricity Market), of introduction of CET to China. In CETICEM, six types of agents and two markets are modeled. We find that: (1) CET internalizes environment cost; increases the average electricity price by 12%; and transfers carbon price volatility to the electricity market, increasing electricity price volatility by 4%. (2) CET influences the relative cost of different power generation technologies through the carbon price, significantly increasing the proportion of environmentally friendly technologies; expensive solar power generation in particular develops significantly, with final proportion increasing by 14%. (3) Emission-based allocation brings about both higher electricity and carbon prices than by output-based allocation which encourages producers to be environmentally friendly. Therefore, output-based allocation would be more conducive to reducing emissions in the Chinese power sector. (author)

  14. Forest carbon trading : legal, policy, ecological and aboriginal issues

    International Nuclear Information System (INIS)

    Elgie, S.

    2005-01-01

    Canada's forest ecosystems store 88 billion tonnes of carbon, with trees alone storing 13 billion tonnes, twice the global annual carbon emissions. Carbon trading could affect forest management. Certain types of forest carbon project will offer cost-effective carbon sequestration options. This paper addresses current concerns about forest carbon trading such as phony carbon gains, biodiversity impact and increased fossil fuel emissions. Statistics were presented with information on global carbon stocks. The Kyoto Protocol requires that Canada must count all changes in forest carbon stocks resulting from afforestation, reforestation or deforestation, and that Canada has the option of counting carbon stock changes from forest management. The decision must be made by 2006, and considerations are whether to present projected net source or sink, or whether to count current commercially managed areas or all timber productive areas. An outline of federal constitutional authority power regarding Kyoto was presented, including limits and risks of trade and treaty powers. The economics of forest carbon were outlined with reference to increasing forest carbon storage. A two-pronged approach was advised, with avoided logging and plantation and intensive management securing carbon and timber benefits. Examples of pre-Kyoto pilots were presented, including the SaskPower project, the Little Red River Cree project and the Labrador Innu project. The disadvantages of offset trading were presented. It was concluded that forest carbon markets are part of a larger vision for sustainable development in Canada's north, especially for aboriginal peoples, and may indicate a growing market for ecological services. Constitutional limits to federal power to regulate carbon trading are not insurmountable, but require care. Ownerships of forest carbon rights raises important policy and legal issues, including aboriginal right, efficiency and equity. An estimated cost of forest carbon projects

  15. Carbon trading and carbon taxation: how to consider biotic sources and sinks

    International Nuclear Information System (INIS)

    Madlener, Reinhard; Schlamadinger, Bernhard

    1999-01-01

    The Kyoto Protocol (KP) to the UNFCCC includes land-use change and forestry in the carbon accounting process, limited to afforestation, reforestation and deforestation since 1990, and explicitly provides for the option of using a variety of flexibility mechanisms to meet the greenhouse gas (GHG) reduction targets stipulated in a more cost-efficient manner. Domestically, different countries might adopt different approaches to achieve their emission reduction objectives, such as carbon trading or carbon taxation, and it is not clear to date what the implications for bioenergy use, forestry, and land-use change can be expected to be. With respect to national GHG emissions trading, the main issues studied in this paper are: Should trading of fossil fuel emissions allowances be coupled with trading of biotic credits and debits? Should credits for carbon sequestration in forests be auctioned or grandfathered? Should there be a distinction between a carbon permit issued for an additional biotic sink and those issued for fossil fuel carbon emissions? Is there a difference for biotic carbon sinks and sources between one-time permits and permits that allow a continued release of GHG over some pre-specified time? Should permits be issued only for the carbon-stock changes that count under the KP? With respect to national carbon taxation schemes, two questions are investigated: Should a tax credit be given for afforestation/reforestation (and a tax debit for deforestation)? Should tax credits also be given for projects that sequester carbon but do not count under the KP (such as forest protection rather than forest management)? For both schemes a crucial point is that by the formulation chosen in the KP two different classes of forest are created (i.e. those counted and those not counted under the KP), so that the implications for land prices might be significant. From a conceptual point of view this paper addresses the above-mentioned questions and contrasts some of the major

  16. Carbon Standards and Carbon Labelling: An Emerging Trade Concern

    OpenAIRE

    Nitya Nanda; Rajan Sudesh Ratna

    2010-01-01

    The current debate on climate change and its linkages to trade is rapidly gaining global attention. Thus it is reasonable to expect that the focus on carbon leakage and border tax adjustment will only intensify in the future. Carbon leakage is said to happen when production of carbon intensive products migrates from countries which have measures to reduce emissions to countries where there are no such measures. Therefore, border tax adjustment is suggested when carbon intensive products are i...

  17. Monitoring soil carbon will prepare growers for a carbon trading system

    Directory of Open Access Journals (Sweden)

    Emma C. Suddick

    2013-07-01

    Full Text Available California growers could reap financial benefits from the low-carbon economy and cap-and-trade system envisioned by the state's AB 32 law, which seeks to lower greenhouse gas emissions statewide. Growers could gain carbon credits by reducing greenhouse gas emissions and sequestering carbon through reduced tillage and increased biomass residue incorporation. First, however, baseline stocks of soil carbon need to be assessed for various cropping systems and management practices. We designed and set up a pilot soil carbon and land-use monitoring network at several perennial cropping systems in Northern California. We compared soil carbon content in two vineyards and two orchards (walnut and almond, looking at conventional and conservation management practices, as well as in native grassland and oak woodland. We then calculated baseline estimates of the total carbon in almond, wine grape and walnut acreages statewide. The organic walnut orchard had the highest total soil carbon, and no-till vineyards had 27% more carbon in the surface soil than tilled vineyards. We estimated wine grape vineyards are storing significantly more soil carbon per acre than almond and walnut orchards. The data can be used to provide accurate information about soil carbon stocks in perennial cropping systems for a future carbon trading system.

  18. Supply Chain Coordination with Carbon Trading Price and Consumers’ Environmental Awareness Dependent Demand

    Directory of Open Access Journals (Sweden)

    Qinghua Pang

    2018-01-01

    Full Text Available Carbon emissions reduction in supply chain is an effective method to reduce the greenhouse effect. The paper investigates the impacts of carbon trading price and consumers’ environmental awareness on carbon emissions in supply chain under the cap-and-trade system. Firstly, it analyzes the centralized decision structure and obtains the requirements to coordinate carbon emissions reduction and order quantity in supply chain. Secondly, it proposes the supply chain coordination mechanism with revenue-sharing contract based on quantity discount policy, and the requirements that the contract parameters need to satisfy are also given. Thirdly, assuming the market demand is affected by consumer’s environmental awareness in addition form, the paper proposes the methods to determine the optimal order quantity and the optimal level of carbon emissions through model optimization. Finally, it investigates the impacts of carbon trading price on carbon emissions in supply chain. The results show that clean manufacturer’s optimal per-unit carbon emissions increase as the carbon trading price increases, while nongreen manufacturer’s optimal per-unit carbon emissions decrease as the carbon trading price increases. For the middle emissions manufacturer, the optimal per-unit carbon emissions depend on the relationship between the carbon trading price and the carbon reduction coefficient.

  19. The construction of Shenzhen's carbon emission trading scheme

    International Nuclear Information System (INIS)

    Jiang, Jing Jing; Ye, Bin; Ma, Xiao Ming

    2014-01-01

    The Shenzhen ETS is the first urban-level “cap-and-trade” carbon emissions trading scheme to operate in China. This paper gives an overview of the economic and emissions situation in Shenzhen and focuses on the development of the Shenzhen ETS regulatory framework. It is devised as an ETS with an intensity-based cap, output-based allocation and a market for trading of allowances. The design of the Shenzhen ETS attaches great importance to coordinate the dynamic relationships between economic growth, industrial transition and emissions control. The cap and its allocation are determined by carbon intensity reduction targets and economic output, with an aim to slow down emissions growth while mitigating shocks from economic fluctuation and industrial adjustment to market stability. The Shenzhen ETS features extensive coverage consisting of three types of regulated entities and four categories of covered emissions, in order to control carbon emissions by both improving energy efficiency and restraining growing energy demand. A competitive game theory method is created for allocation of free allowances to manufacturing enterprises. Mechanisms for carbon offsets and market stabilization are developed to promote active and orderly trading in the carbon market. Moreover, several challenges and their policy choices are detailed for the development of the Shenzhen ETS. - Highlights: • The Shenzhen ETS is the first urban-level “cap-and-trade” carbon emission trading scheme operated in China. • This paper focuses on the construction of Shenzhen carbon emission trading scheme. It is devised as the intensity-based cap, output-based allocation and allowance trade carbon market. • It has some signatures in the general principles, coverage and scope, cap and allocation and other mechanisms. • Several challenges and their policy choices are detailed for the development of Shenzhen ETS

  20. Carbon emission, energy consumption and intermediate goods trade: A regional study of East Asia

    International Nuclear Information System (INIS)

    Zhang, Jingjing

    2015-01-01

    Using country level panel data from East Asia over the period 1998–2011, this paper examines the implications of international production fragmentation-induced intermediate goods trade on the link between energy consumption and carbon pollution. The paper focuses on the interaction effect between energy consumption and trade in intermediate goods on carbon emission. The empirical results presented suggest that international trade in intermediate goods decreases the positive impact on carbon emission of energy consumption. When compared with the trade in final goods, intermediate goods trade contributes to a greater decrease in carbon pollution resulting from energy consumption. These results confirm that the link between energy consumption and carbon pollution in East Asia is significantly affected by international production fragmentation-induced trade in intermediate goods. The results presented in this paper have some important policy implications. - Highlights: • This paper tests the role of intermediates trade in energy-development nexus. • Empirical study is based on data of East Asia. • International trade can reduce the carbon pollution caused by energy use. • Intermediates trade has higher moderating effect than non-intermediate trade.

  1. A Newsboy Model with Quick Response under Sustainable Carbon Cap-N-Trade

    Directory of Open Access Journals (Sweden)

    Jinpyo Lee

    2018-05-01

    Full Text Available In this study, we consider a carbon emission cap-and-trade system in which the policymaker decides the cap for carbon emissions for each company and also has the power to regulate the carbon price in the carbon trading market for the purpose of minimizing total carbon emissions. We assume that there are n companies regulated in terms of carbon emissions by the policymaker, each of which emits carbon when producing its own product. After learning the carbon cap and carbon price regulated by the policymaker, each company makes simultaneous pricing and production decisions using the quick response strategy, and can trade some of its carbon emissions in the carbon market at the carbon price set by the policymaker, if the carbon emissions are below the cap. We model this non-cooperative game between the policymaker and companies as a Stackelberg game in which the policymaker is the leader and the companies are the followers. We show that there exists an equilibrium for the policymaker’s carbon pricing decisions and each company’s production and pricing decisions. From this equilibrium, we derive a carbon cap for the company at which the amount of traded carbon emissions is zero. This implies that some company’s production and pricing decisions, even under carbon emission restrictions, will be equal to those without the carbon emission restrictions. Also, we find that companies participating in the carbon cap-and-trade system would reduce their carbon emissions through reduced production, but can have a chance to improve profit through control of the product’s selling price.

  2. Green certificates and carbon trading in the Netherlands

    International Nuclear Information System (INIS)

    Boots, M.

    2003-01-01

    The combination of trading schemes for green certificates and for carbon, as they are implemented and planned in the Netherlands, imply a complete separation of green certificates and CO 2 markets. This means that the costs of CO 2 reduction will be reflected in the spot price of electricity and that the price of green certificates only reflects the additional cost of RE development. However, since the green certificate scheme is already implemented, while the carbon trading scheme is not, it is unclear if currently the green certificate value includes the CO 2 reduction value of RE production. It is important that buyers and sellers in the market for green certificates agree on what they are trading, therefore this issue should be clarified

  3. Carbon Countdown. Emissions trading to combat climate change

    International Nuclear Information System (INIS)

    2006-06-01

    The European Emission Trading Scheme (EU ETS) is a crucial cornerstone of climate change policy in Europe and the first international trading system for carbon dioxide (CO2) emissions in the world. The ETS is a major part of the solution to one of the biggest challenges humanity is facing: global warming. A WWF review of Phase 1 of the European Emission Trading Scheme and recommendations to improve its environmental effectiveness and economic efficiency for Phase 2

  4. Pathways of human development and carbon emissions embodied in trade

    Science.gov (United States)

    Steinberger, Julia K.; Timmons Roberts, J.; Peters, Glen P.; Baiocchi, Giovanni

    2012-02-01

    It has long been assumed that human development depends on economic growth, that national economic expansion in turn requires greater energy use and, therefore, increased greenhouse-gas emissions. These interdependences are the topic of current research. Scarcely explored, however, is the impact of international trade: although some nations develop socio-economically and import high-embodied-carbon products, it is likely that carbon-exporting countries gain significantly fewer benefits. Here, we use new consumption-based measures of national carbon emissions to explore how the relationship between human development and carbon changes when we adjust national emission rates for trade. Without such adjustment of emissions, some nations seem to be getting far better development `bang' for the carbon `buck' than others, who are showing scant gains for disproportionate shares of global emissions. Adjusting for the transfer of emissions through trade explains many of these outliers, but shows that further socio-economic benefits are accruing to carbon-importing rather than carbon-exporting countries. We also find that high life expectancies are compatible with low carbon emissions but high incomes are not. Finally, we see that, despite strong international trends, there is no deterministic industrial development trajectory: there is great diversity in pathways, and national histories do not necessarily follow the global trends.

  5. International gas trade: Potential major projects

    International Nuclear Information System (INIS)

    Haamsoe, B.; Mashayekhi, A.; Razavi, H.

    1994-01-01

    The present paper reviews some key factors affecting continued expansion of the use and trade of natural gas, with a particular focus on a group of major gas trade and transport projects now in various stages of consideration. The paper begins by outlining the distribution of potential gas supplies, it also sketches the sectorial and regional structures of potential demand for natural gas. It continues by considering current and emerging trends in the international trade of natural gas by pipeline and as liquefied natural gas (LNG). Within the context thus provided, the paper then details a number of significant potential gas trade and transportation projects individually. Finally, the paper comments on the challenges in financing and implementing gas projects, especially with regard to economic, political, and institutional issues in the producing, transit, and consuming countries

  6. Research on the Development of Green Finance in Shenzhen to Boost the Carbon Trading Market

    Science.gov (United States)

    Zhou, Jiping; Xiong, Siqin; Zhou, Yucheng; Zou, Zijian; Ma, Xiaoming

    2017-08-01

    This paper analyses the current development situations of Shenzhen carbon trading market and China’s green finance, and makes the policy recommendations for promoting the carbon trading market by developing green finance in Shenzhen. Shenzhen should take the lead in driving the localized application of green principle, and formulate Shenzhen green bond guidelines ASAP, to promote carbon trading associated enterprises to finance by using green bonds; it shall work to lower the threshold for financial institutions to participate in carbon trading market, and explore development of carbon derivatives.

  7. The impact of Chinese carbon emission trading scheme (ETS) on low carbon energy (LCE) investment

    International Nuclear Information System (INIS)

    Mo, Jian-Lei; Agnolucci, Paolo; Jiang, Mao-Rong; Fan, Ying

    2016-01-01

    China is planning to introduce emission trading scheme (ETS) to decrease CO_2 emission. As low carbon energy (LCE) will play a pivotal role in reducing CO_2 emissions, our paper is to assess the extent and the conditions under which a carbon ETS can deliver LCE investment in China. We chose wind technology as a case study and a real-option based model was built to explore the impact of a number of variables and design features on investment decisions, e.g. carbon and electricity price, carbon market risk, carbon price floor and ceiling and on-grid ratio. We compute critical values of these variables and features and explore trade-offs among them. According to our work, a carbon ETS has a significant effect on wind power plant investment although it cannot support investment in wind power on its own. Carbon price stabilization mechanisms such as carbon price floor can significantly improve the effect of carbon ETS but the critical floor to support investment is still much higher than the carbon price in China pilot ETSs. Our results show that other policy measures will be needed to promote low-carbon energy development in China. - Highlights: • The impact of Chinese emission trading scheme on low carbon energy investment is assessed. • A real-option based investment decision model under uncertainty is built and employed. • Key variables and features of ETS influencing wind power investment are explored. • Chinese carbon ETS cannot support low carbon energy investment on its own. • Other policy measures complementing ETS are still needed and should be coordinated.

  8. The Trading Potential of Eastern Europe

    OpenAIRE

    Wang, Zhen Kun; Winters, L. Alan

    1991-01-01

    This paper fits a gravity model to the trade of 76 market economies. It then applies the model to data on East European economies to estimate what their trading potential might have been, had behaved like market economies in the mid-1980s. At existing levels of national income, the liberalization of Eastern Europe and the Soviet Union is unlikely to affect their mutual trade and trade with developing countries, but it will increase trade with industrial counties by factors of three to thirty....

  9. Global agriculture and carbon trade-offs.

    Science.gov (United States)

    Johnson, Justin Andrew; Runge, Carlisle Ford; Senauer, Benjamin; Foley, Jonathan; Polasky, Stephen

    2014-08-26

    Feeding a growing and increasingly affluent world will require expanded agricultural production, which may require converting grasslands and forests into cropland. Such conversions can reduce carbon storage, habitat provision, and other ecosystem services, presenting difficult societal trade-offs. In this paper, we use spatially explicit data on agricultural productivity and carbon storage in a global analysis to find where agricultural extensification should occur to meet growing demand while minimizing carbon emissions from land use change. Selective extensification saves ∼ 6 billion metric tons of carbon compared with a business-as-usual approach, with a value of approximately $1 trillion (2012 US dollars) using recent estimates of the social cost of carbon. This type of spatially explicit geospatial analysis can be expanded to include other ecosystem services and other industries to analyze how to minimize conflicts between economic development and environmental sustainability.

  10. Tiered gasoline pricing: A personal carbon trading perspective

    International Nuclear Information System (INIS)

    Li, Yao; Fan, Jin; Zhao, Dingtao; Wu, Yanrui; Li, Jun

    2016-01-01

    This paper proffers a tiered gasoline pricing method from a personal carbon trading perspective. An optimization model of personal carbon trading is proposed, and then, an equilibrium carbon price is derived according to the market clearing condition. Based on the derived equilibrium carbon price, this paper proposes a calculation method of tiered gasoline pricing. Then, sensitivity analyses and consumers' surplus analyses are conducted. It can be shown that a rise in gasoline price or a more generous allowance allocation would incur a decrease in the equilibrium carbon price, making the first tiered price higher, but the second tiered price lower. It is further verified that the proposed tiered pricing method is progressive because it would relieve the pressure of the low-income groups who consume less gasoline while imposing a greater burden on the high-income groups who consume more gasoline. Based on these results, implications, limitations and suggestions for future studies are provided. - Highlights: • Tiered gasoline pricing is calculated from the perspective of PCT. • Consumers would be burdened with different actual gasoline costs. • A specific example is provided to illustrate the calculation of TGP. • The tiered pricing mechanism is a progressive system.

  11. CARBON TRADING ACCORDING TO INTERNATIONAL LAW AND ITS IMPLEMENTATION IN INDONESIA

    Directory of Open Access Journals (Sweden)

    Sinta Wahyu Purnama Sari

    2016-04-01

    Full Text Available This research aims to describe the carbon trading according to international law and its implementation in Indonesia. It uses juridical-normative research methods. Climate change is one of the major environmental issues in the world, it causes an adverse effect to human life. Basically it comes from human activities. To follow up the issue, then countries try to solve it by taking an action to reduce the emissions. Through the first Earth Summit in Rio De Janeiro-Brazil in 1992, which produces the Convention on Climate Change (UNFCCC; one of the achievements of the UNFCCC is the Kyoto Protocol, wherein the Protocol contains two important things, namely the commitment of developed countries to reduce the rate of emissions compared to 1990, and the possibility of carbon trading mechanisms. Indonesia is one of the countries that have ratified both the UNFCCC through Law No. 6 of 1994, and the Kyoto Protocol through Law No. 17 of 2004. There are also some related regulations. However, of all existing laws, the government has not put out implementing regulations or instructions about carbon trading specifically. Keywords: Carbon Trading, International Law, Indonesia.

  12. Tracking global carbon revenues: A survey of carbon taxes versus cap-and-trade in the real world

    International Nuclear Information System (INIS)

    Carl, Jeremy; Fedor, David

    2016-01-01

    We investigate the current use of public revenues which are generated through both carbon taxes and cap-and-trade systems. More than $28.3 billion in government “carbon revenues” are currently collected each year in 40 countries and another 16 states or provinces around the world. Of those revenues, 27% ($7.8 billion) are used to subsidize “green” spending in energy efficiency or renewable energy; 26% ($7.4 billion) go toward state general funds; and 36% ($10.1 billion) are returned to corporate or individual taxpayers through paired tax cuts or direct rebates. Cap-and-trade systems ($6.57 billion in total public revenue) earmark a larger share of revenues for “green” spending (70%), while carbon tax systems ($21.7 billion) more commonly refund revenues or otherwise direct them towards government general funds (72% of revenues). Drawing from an empirical dataset, we also identify various trends in systems’ use of “carbon revenues” in terms of the total revenues collected annually per capita in each jurisdiction and offer commensurate qualitative observations on carbon policy design choices. - Highlights: •We analyze public revenue generated from global carbon tax and cap-and-trade systems. •70% of cap-and-trade revenues ($4.60 billion) are earmarked for “green spending”. •72% of carbon tax revenues ($15.6 billion) are refunded or used in general funds. •Revenues per capita vary widely and are a useful qualitative explanatory variable.

  13. Impact of Carbon Quota Allocation Mechanism on Emissions Trading: An Agent-Based Simulation

    Directory of Open Access Journals (Sweden)

    Wei Jiang

    2016-08-01

    Full Text Available This paper establishes an agent-based simulation system of the carbon emissions trading in accordance with the complex feature of the trading process. This system analyzes the impact of the carbon quota allocation mechanism on emissions trading for three different aspects including the amount of emissions reduction, the economic effect on the emitters, and the emissions reduction cost. Based on the data of the carbon emissions of different industries in China, several simulations were made. The results indicate that the emissions trading policy can effectively reduce carbon emissions in a perfectly competitive market. Moreover, by comparing separate quota allocation mechanisms, we obtain the result that the scheme with a small extent quota decrease in a comprehensive allocation mechanism can minimize the unit carbon emission cost. Implementing this scheme can also achieve minimal effects of carbon emissions limitation on the economy on the basis that the environment is not destroyed. However, excessive quota decrease cannot promote the emitters to reduce emission. Taking into account that several developing countries have the dual task of limiting carbon emissions and developing the economy, it is necessary to adopt a comprehensive allocation mechanism of the carbon quota and increase the initial proportion of free allocation.

  14. International trade in carbon emission rights and basic materials: General equilibrium calculations for 2020

    International Nuclear Information System (INIS)

    Perroni, C.; Rutherford, T.F.

    1993-01-01

    Restrictions on CO 2 emissions affect international trade and the pattern of comparative advantage. This paper, based on calculations with a static general equilibrium model, suggests that international trade in carbon rights is a substitute for trade in energy-intensive goods, and thus international trading in carbon rights reduces sectoral effects of emission reductions. In our model, we surprisingly find that free riding by non-signatory countries may not render unilateral action ineffective. If the OECD unilaterally cuts global emissions by 5 per cent from 1990 levels by the year 2020, emission by non-OECD regions increase but offset less than 15 per cent of this cutback. Moreover, carbon taxes depress international oil prices and create incentives for increased trade in natural gas. 14 refs, 7 figs

  15. Proposal for a national inventory adjustment for trade in the presence of border carbon adjustment: Assessing carbon tax policy in Japan

    International Nuclear Information System (INIS)

    Zhou, Xin; Yano, Takashi; Kojima, Satoshi

    2013-01-01

    In this paper we pointed out a hidden inequality in accounting for trade-related emissions in the presence of border carbon adjustment. Under a domestic carbon pricing policy, producers pay for the carbon costs in exchange for the right to emit. Under border carbon adjustment, however, the exporting country pays for the carbon costs of their exports to the importing country but not be given any emission credits. As a result, export-related emissions will be remained in the national inventory of the exporting country based on the UNFCCC inventory approach. This hidden inequality is important to climate policy but has not yet been pointed out. To address this issue we propose a method of National Inventory Adjustment for Trade, by which export-related emissions will be deducted from the national inventory of the exporting country and added to the national inventory of the importing country which implements border carbon adjustment. To assess the policy impacts, we simulated a carbon tax policy with border tax adjustment for Japan using a multi-region computable general equilibrium model. The results indicate that with the National Inventory Adjustment for Trade, both Japan′s national inventory and the carbon leakage effects of Japan′s climate policy will be greatly different. - Highlights: • The inequality in GHG accounting caused by border carbon adjustment presented. • National inventory adjustment for trade under border carbon adjustment proposed. • Policy impacts on international competitiveness and carbon leakage assessed. • Practical issues related to the national inventory adjustment for trade discussed

  16. Carbon Emission Reduction Potential through Sustainable Forest Management in Forest Concession of PT Salaki Summa Sejahtera, Province of West Sumatera

    Directory of Open Access Journals (Sweden)

    Iwan Hilwan

    2012-12-01

    Full Text Available A management unit (MU of a forest concession holder implementing the sustainable forest management (SFM principles, could be involved in reducing Emmission from Reforestation and Forest Degradation (REDD+ and carbon trading project. The fact the strategic in implementing the REDD+ and carbon trading in MU level is still lack of pilot project and methodology. Therefore, some scenarios must be developed and tested to find out the best potential of carbon credit in MU level. The objectives of the research were: to calculate carbon credit in some SFM scenarios, to analyze of carbon trading project feasibility, and to determine carbon stock recovery period of logged over area (LOA. The result revealed that carbon stock and carbon credit of LOA was affected by timber cutting intensity.  The 6th scenario with lowest annual allowable cutting (AAC obtained greater carbon credit and profit coming from timber harvesting income and carbon trading. In other hand, this scenario has shortest duration of carbon stock recovery period (27 years and shorter than its cutting cycle.  In this case, the MU has to recalculate and to decrease its AAC to have highest benefits from carbon trading in the same cutting cycle period.  It will provide double benefits from carbon trading, those are contribution in achieving the SFM purposes (production, ecology, social and climate change mitigation.Keywords: sustainable forest management, AAC, carbon stocks, recovery period, carbon trading

  17. Photovoltaics in the context of carbon emission trading

    International Nuclear Information System (INIS)

    Krauter, S.C.W.

    2004-01-01

    Comprehensive CO 2 -balances within the life-cycle of PV systems have been carried out considering all CO 2 sinks and sources at the locations and under the conditions of production, of transport, installation and operation, as well as of recycling. Calculations of the possible effect on CO 2 reduction by PV energy systems may be incorrect if system borders are not set wide enough and remain on a national level. In the examples of Brazil and Germany, the effective CO 2 reductions have derived, including the variables of possible interchange scenarios for production and operation of the PV systems, as well as the carbon dioxide intensity of the local electrical grids. In the case of Brazil off-grid applications and the partial substitution of Diesel generating sets by photovoltaics are also examined. CO 2 reduction may reach 26,805 kg/kWp for the case of replacement of diesel generators in Brazil by PV based on single crystalline solar cells manufactured in Brazil In the context of carbon dioxide trading, this means a co-financing of 2.3% to 9% by the market values of carbon dioxide value of 5.00 $ US to 20.00 $ US per metric ton. While the carbon value is steadily increasing, carbon emission trading will play an important role in financing autonomous PV systems in the future. (author)

  18. The market effectiveness of electricity reform: A case of carbon emissions trading market of Shenzhen city

    Science.gov (United States)

    Wang, Yongli; Wang, Gang; Zuo, Yi; Fan, Lisha; Xiao, Yao

    2017-03-01

    In the 13th Five-Year Plan, the Chinese government proposed to achieve the national carbon emission trading market established by 2017. The establishment of carbon emission trading market is the most important one in power reform, which helps to promote the power reform and achieve the goal of energy saving and emission reduction. As the bond of connecting environment energy issues and the economic development, carbon emissions trading market has become a hot research topic in the related fields, by market means, it incentive the lower cost subject emissions to undertake more reductions and therefore to benefit, the body of the high cost finished the task by buying quota reduction, to achieve the effect of having the least social total cost. Shenzhen has become the first city in China to start carbon trading pilot formally on June 16, 2013, online trading on June 18. The paper analyzes the market effectiveness of electricity reform in China, which takes carbon emissions trading market of Shenzhen city for example, and gives some suggestions for future development.

  19. Balance of Carbon Embodied in Bilateral Trade between France and China: Transfer of Emission or New Creation?

    International Nuclear Information System (INIS)

    He, Jie; Jacquemin, Johan

    2016-01-01

    We calculate the balance of carbon embodied in trade (BCET) between China and France during 1996-2005. Our results confirm China's role as a net carbon exporter and the fast increasing trend of the surplus in BCET since China's adhesion to the World Trade Organization. However, the quasi-totality of the carbon surplus is due to China's low carbon efficiency. The part of carbon emission discharged on China's territory that is directly transferred from France via trade stays very little (1-2 %). The bilateral trade between China and France seems to continue benefiting mainly from their difference in factor endowment; the environmental regulation related comparative advantage plays only a marginal role

  20. Balance of Carbon Embodied in Bilateral Trade between France and China: Transfer of Emission or New Creation?

    International Nuclear Information System (INIS)

    He, Jie; Jacquemin, Johan

    2014-01-01

    We calculate the balance of carbon embodied in trade (BCET) between China and France during 1996-2005. Our results confirm China's role as a net carbon exporter and the fast increasing trend of the surplus in BCET since China's adhesion to the World Trade Organization. However, the quasi-totality of the carbon surplus is due to China's low carbon efficiency. The part of carbon emission discharged on China's territory that is directly transferred from France via trade stays very little (1-2 %). The bilateral trade between China and France seems to continue benefiting mainly from their difference in factor endowment; the environmental regulation related comparative advantage plays only a marginal role

  1. Energy and Carbon Embodied in the International Trade of Brazil

    International Nuclear Information System (INIS)

    Tolmasquim, M.T.; Machado, G.

    2003-01-01

    Shifting the economic structure of a country towards energy-intensive industries may lead to significant effect on the environment. One of the major environmental impacts associated to such changes is the increase of the Carbon Dioxide emissions - the main factor behind the greenhouse effect. In the last decades, structural changes in the Brazilian economy were close related to changes in the country's trade specialization. This paper analyzes to what extent energy use and its associated CO2 emissions of Brazil in the 90's may be overloaded by changes in the country's trade specialization towards a more energy-intensive mix. This study finds that Brazil exported, in net terms, significant amounts of energy and carbon (C) embodied in goods traded with the rest of the world in the 90's. In fact, some 6.6% of the final energy used by the industrial sector and around 7.1% of its C emissions are prompted by international trade. By overloading the country's energy use and its associated environmental damage (both local and global), this situation seems to contribute to increase not only local but also global environmental damage, since C leakage from non-Annex I countries due to international trade may lead to higher C concentration in the atmosphere

  2. Carbon trading, climate change, environmental sustainability and saving planet Earth

    Science.gov (United States)

    Yim, W. W.

    2009-12-01

    Carbon trading namely the reduction of future carbon dioxide levels has been widely touted as a solution needed to counter the problem of climate change. However, there are enormous risks involved as the measure tackles only one of the causes of climate change and may prove to be ineffective. This presentation highlights ten points relevant to the discussion on carbon trading, climate change, environmental sustainability and saving planet Earth for increasing public awareness. They include: (1) Climate has changed throughout Earth’s history. (2) The present level of about 388 parts per million level of carbon dioxide in the atmosphere has already exceeded the maximum level of the past 800,000 years. This value is obtained from air bubbles trapped within the ice in Antarctica but the consequence of further increases remains uncertain. (3) Earth scientists do not have an overwhelming consensus on whether carbon trading alone is an effective measure in mitigating climate change. (4) The present state of the Earth’s demise is largely the result of human actions including population growth and the mismanagement of the Earth. (5) The latest evidence on sea-level changes in the South China Sea a far-field region unaffected by glacial isostatic readjustment is not in support of a ‘rapid’ rate of future sea-level rise through global warming. (6) Volcanic eruptions have an important role in driving the Earth’s climate. Examples of temperature lowering as well as abnormally wet and dry years can both be found in the instrumental record. (7) Humans have drastically modified the ‘natural’ water cycle. This is however not a well recognized cause of climate change compared to the emission of greenhouse gases through fossil fuel consumption. (8) The bulk (~75%) of the rise in mean annual temperature of about 1oC observed at the Hong Kong Observatory Station since record began in 1884 is best explained by the thermal heat island effect. (9) No evidence has been found

  3. Short Term Electric Production Technology Switching Under Carbon Cap and Trade

    Directory of Open Access Journals (Sweden)

    Donald F. Larson

    2012-10-01

    Full Text Available This study examines fuel switching in electricity production following the introduction of the European Union’s Emissions Trading System (EU ETS for greenhouse gas emissions. A short-run restricted cost equation is estimated with carbon permits, high-carbon fuels, and low carbon fuels as variable inputs. Shadow values and substitution elasticities for carbon-free energy resources from nuclear, hydroelectric and renewable sources are imputed from the cost equation. The empirical analysis examines 12 European countries using monthly data on fuel use, prices, and electricity generation during the first phase of the European Emissions Trading System. Despite low emission permit prices, this study finds statistically significant substitution between fossil fuels and carbon free sources of energy for electric power production. Significant substitution between fossil fuels and nuclear energy also was found. Still, while 18 of the 20 substitution elasticities are statistically significant, they are all less than unity, consistent with limited substitution. Overall, these results suggest that prices for carbon emission permits relative to prices for carbon and carbon free sources of energy do matter but that electric power producers have limited operational flexibility in the short-run to satisfy greenhouse gas emission limits.

  4. Carbon quota price and CDM potentials after Marrakesh

    International Nuclear Information System (INIS)

    Wenying Chen

    2003-01-01

    The Kyoto Protocol sets quantified GHG emission reduction commitments for Annex I Parties. But their emission reduction requirements related to BAU projections, one of the key factors to effect on future carbon market, are uncertain. Both the decisions made in Bonn and Marrakesh would have further consequences for how the future carbon market will take shape. This paper, with application of the carbon emission reduction trading model, evaluates future carbon quota price and Clean Development Mechanism (CDM) potentials under different BAU projections, and does sensitivity analysis on carry-over of AAUs, CERs and ERUs, implementation rate, transaction cost, holding of CERs in Non-Annex I Parties, etc. to assess the impacts of relevant decisions of COP6-bis and COP7 on the carbon market. Under different BAU projections, future carbon quota price and CDM potentials could vary widely. Carry over of AAUs, CERs, ERUs, and holding of CERs in Non-Annex I Parties could raise both quota price and total CDM potentials considerably. Implementation rate could have big impacts on both carbon quota price and CDM potentials, especially for the cases formerly with relatively high CDM potentials, and it could also change the regional distribution of CDM potentials. Transaction cost's effect on the carbon market would be comparatively low, but would become unignorable in the market whose quota price is low. It would lead to a downward trend in price while upward in CDM potentials when increasing the implementation rate or lowering transaction cost. Withdrawal of USA would dramatically shrink carbon price and credit amount, and large numbers of hot air and sink credits would further greatly crowd out the CDM projects; carry over of AAUs, CERs and ERUs, holding of CERs in Non-Annex I Parties, prompt start of CDM projects, etc., would, however, enhance the total CDM credits to ensure more investment and technology flow to developing countries to promote their sustainable development

  5. Carbon quota price and CDM potentials after Marrakesh

    International Nuclear Information System (INIS)

    Chen Wenying

    2003-01-01

    The Kyoto Protocol sets quantified GHG emission reduction commitments for Annex I Parties. But their emission reduction requirements related to BAU projections, one of the key factors to effect on future carbon market, are uncertain. Both the decisions made in Bonn and Marrakesh would have further consequences for how the future carbon market will take shape. This paper, with application of the carbon emission reduction trading model, evaluates future carbon quota price and Clean Development Mechanism (CDM) potentials under different BAU projections, and does sensitivity analysis on carry-over of AAUs, CERs and ERUs, implementation rate, transaction cost, holding of CERs in Non-Annex I Parties, etc. to assess the impacts of relevant decisions of COP6-bis and COP7 on the carbon market. Under different BAU projections, future carbon quota price and CDM potentials could vary widely. Carry over of AAUs, CERs, ERUs, and holding of CERs in Non-Annex I Parties could raise both quota price and total CDM potentials considerably. Implementation rate could have big impacts on both carbon quota price and CDM potentials, especially for the cases formerly with relatively high CDM potentials, and it could also change the regional distribution of CDM potentials. Transaction cost's effect on the carbon market would be comparatively low, but would become unignorable in the market whose quota price is low. It would lead to a downward trend in price while upward in CDM potentials when increasing the implementation rate or lowering transaction cost. Withdrawal of USA would dramatically shrink carbon price and credit amount, and large numbers of hot air and sink credits would further greatly crowd out the CDM projects; carry over of AAUs, CERs and ERUs, holding of CERs in Non-Annex I Parties, prompt start of CDM projects, etc., would, however, enhance the total CDM credits to ensure more investment and technology flow to developing countries to promote their sustainable development

  6. An optimization model for carbon capture & storage/utilization vs. carbon trading: A case study of fossil-fired power plants in Turkey.

    Science.gov (United States)

    Ağralı, Semra; Üçtuğ, Fehmi Görkem; Türkmen, Burçin Atılgan

    2018-06-01

    We consider fossil-fired power plants that operate in an environment where a cap and trade system is in operation. These plants need to choose between carbon capture and storage (CCS), carbon capture and utilization (CCU), or carbon trading in order to obey emissions limits enforced by the government. We develop a mixed-integer programming model that decides on the capacities of carbon capture units, if it is optimal to install them, the transportation network that needs to be built for transporting the carbon captured, and the locations of storage sites, if they are decided to be built. Main restrictions on the system are the minimum and maximum capacities of the different parts of the pipeline network, the amount of carbon that can be sold to companies for utilization, and the capacities on the storage sites. Under these restrictions, the model aims to minimize the net present value of the sum of the costs associated with installation and operation of the carbon capture unit and the transportation of carbon, the storage cost in case of CCS, the cost (or revenue) that results from the emissions trading system, and finally the negative revenue of selling the carbon to other entities for utilization. We implement the model on General Algebraic Modeling System (GAMS) by using data associated with two coal-fired power plants located in different regions of Turkey. We choose enhanced oil recovery (EOR) as the process in which carbon would be utilized. The results show that CCU is preferable to CCS as long as there is sufficient demand in the EOR market. The distance between the location of emission and location of utilization/storage, and the capacity limits on the pipes are an important factor in deciding between carbon capture and carbon trading. At carbon prices over $15/ton, carbon capture becomes preferable to carbon trading. These results show that as far as Turkey is concerned, CCU should be prioritized as a means of reducing nation-wide carbon emissions in an

  7. Advancing the experiment to reality: Perspectives on Shanghai pilot carbon emissions trading scheme

    International Nuclear Information System (INIS)

    Wu, Libo; Qian, Haoqi; Li, Jin

    2014-01-01

    Shanghai, as the most advanced mega city in China, has launched a pilot carbon emission trading scheme (SH-ETS) that is designed to achieve a compromise between the domestic context in Shanghai, and a need for national policy appeal. This paper gives an overview of the latest progress of the SH-ETS and sheds some light on the features of key design components, such as the threshold for inclusion, sector coverage, cap setting, allowance allocation and the Monitoring, Reporting and Verification (MRV) system. Based on a concern that manipulative principles and economic dynamics may lead to uncertainties and ultimately influence the emission reduction effect of the scheme, this paper conducts an evaluation of potential uncertainties, such as those caused by changes in patterns of economic growth, strategic trading activities related to the bankable allowances, carbon leakage risks and insufficient MRV capabilities. To advance the experiment to reality, this paper suggests some changes are made to the pilot, which include adjusting the allowance allocation principles to facilitate change in the domestic energy structure, improving the disclosure of emission data to guarantee information symmetry, gauging the carbon leakage risks to strengthen compliance, and introducing risk management for non-regulated players and derivatives products

  8. Study on Electricity Purchase Optimization in Coordination of Electricity and Carbon Trading

    Science.gov (United States)

    Liu, Dunnan; Meng, Yaru; Zhang, Shuo

    2017-07-01

    With the establishment of carbon emissions trading market in China, the power industry has become an important part of the market participants. The power grid enterprises need to optimize their own strategies in the new environment of electricity market and carbon market coordination. First, the influence of electricity and carbon trading coordination on electricity purchase strategy for grid enterprises was analysed in the paper. Then a power purchase optimization model was presented, which used the minimum cost of low carbon, energy saving and environment protection as the goal, the power generation capacity, installed capacity and pollutant emission as the constraints. Finally, a provincial power grid was taken as an example to analyse the model, and the optimization order of power purchase was obtained, which provided a new idea for the low carbon development of power grid enterprises.

  9. Analysis of the impacts of combining carbon taxation and emission trading on different industry sectors

    International Nuclear Information System (INIS)

    Lee, Cheng F.; Lin, Sue J.; Lewis, Charles

    2008-01-01

    Application of price mechanisms has been the important instrument for carbon reduction, among which the carbon tax has been frequently advocated as a cost-effective economic tool. However, blanket taxes applied to all industries in a country might not always be fair or successful. It should therefore be implemented together with other economic tools, such as emission trading, for CO 2 reduction. This study aims to analyze the impacts of combining a carbon tax and emission trading on different industry sectors. Results indicate that the 'grandfathering rule (RCE2000)' is the more feasible approach in allocating the emission permit to each industry sector. Results also find that the accumulated GDP loss of the petrochemical industry by the carbon tax during the period 2011-2020 is 5.7%. However, the accumulated value of GDP will drop by only 4.7% if carbon taxation is implemented together with emission trading. Besides, among petrochemical-related industry sectors, up-stream sectors earn profit from emission trading, while down-stream sectors have to purchase additional emission permits due to failure to achieve their emission targets

  10. Testing the theory of emissions trading : Experimental evidence on alternative mechanisms for global carbon trading

    NARCIS (Netherlands)

    Klaassen, Ger; Nentjes, Andries; Smith, Mark

    2005-01-01

    Simulation models and theory prove that emission trading converges to market equilibrium. This paper sets out to test these results using experimental economics. Three experiments are conducted for the six largest carbon emitting industrialized regions. Two experiments use auctions, the first a

  11. Personal carbon trading: A policy ahead of its time?

    International Nuclear Information System (INIS)

    Fawcett, Tina

    2010-01-01

    In 2008, the UK government undertook a review of personal carbon trading (PCT) and declared that it was 'an idea currently ahead of its time'. PCT is a radical policy proposal which would entail all adults receiving an equal, tradable carbon allowance to cover emissions from household energy and/or personal travel. The allowance would reduce over time, in line with national emissions reduction goals. The government's key concerns about PCT were its social unacceptability and high cost. This paper reviews the literature and identifies knowledge gaps, and then discusses whether these concerns are justified. Contrary to the government's conclusions, most research shows PCT to be at least as socially acceptable as an alternative taxation policy. People think it could be both fair and effective. Set-up and running costs for PCT will undoubtedly be higher than for alternative taxation policies. However, PCT could deliver benefits from individual and social change motivated by non-economic aspects of the policy. These potential benefits are outlined here. The conclusion is that PCT is a promising and timely policy idea.

  12. The potential role of carbon labeling in a green economy

    International Nuclear Information System (INIS)

    Cohen, Mark A.; Vandenbergh, Michael P.

    2012-01-01

    Over the past several years, labeling schemes that focus on a wide range of environmental and social metrics have proliferated. Although little empirical evidence has been generated yet with respect to carbon footprint labels, much can be learned from our experience with similar product labels. We first review the theory and evidence on the role of product labeling in affecting consumer and firm behavior. Next, we consider the role of governments and nongovernmental organizations, concluding that international, multistakeholder organizations have a critical part to play in setting protocols and standards. We argue that it is important to consider the entire life cycle of a product being labeled and develop an international standard for measurement and reporting. Finally, we examine the potential impact of carbon product labeling, discussing methodological and trade challenges and proposing a framework for choosing products best suited for labeling. - Highlights: ► Economic theory provides rationale for product information on carbon footprint. ► Small but growing evidence that labels will affect demand and product choice. ► International protocol using multi-stakeholder process is needed. ► Product priority should be based on life-cycle emissions and likely behavior changes. ► International trade law poses low risk for voluntary private carbon footprint labels.

  13. Carbon Management In the Post-Cap-and-Trade Carbon Economy

    Science.gov (United States)

    DeGroff, F. A.

    2013-12-01

    lower carbon-pricing jurisdictions. Thus, the economic model avoids a key shortcoming of cap-and-trade carbon pricing, and eliminates any incentive to inefficiently shift carbon consumption to jurisdictions with lower carbon tolls. 3) The economic model is a comprehensive, efficient and effective strategy that allows for the implementation of a carbon-pricing structure without the complete, explicit agreement of carbon consumers worldwide.

  14. Spatial optimization of carbon-stocking projects across Africa integrating stocking potential with co-benefits and feasibility.

    Science.gov (United States)

    Greve, Michelle; Reyers, Belinda; Mette Lykke, Anne; Svenning, Jens-Christian

    2013-01-01

    Carbon offset projects through forestation are employed within the emissions trading framework to store carbon. Yet, information about the potential of landscapes to stock carbon, essential to the design of offset projects, is often lacking. Here, based on data on vegetation carbon, climate and soil, we quantify the potential for carbon storage in woody vegetation across tropical Africa. The ability of offset projects to produce co-benefits for ecosystems and people is then quantified. When co-benefits such as biodiversity conservation are considered, the top-ranked sites are sometimes different to sites selected purely for their carbon-stocking potential, although they still possess up to 92% of the latter carbon-stocking potential. This work provides the first continental-scale assessment of which areas may provide the greatest direct and indirect benefits from carbon storage reforestation projects at the smallest costs and risks, providing crucial information for prioritization of investments in carbon storage projects.

  15. The Air-Carbon-Water Synergies and Trade-Offs in China's Natural Gas Industry

    Science.gov (United States)

    Qin, Yue

    China's coal-dominated energy structure is partly responsible for its domestic air pollution, local water stress, and the global climate change. Primarily to tackle the haze issue, China has been actively promoting a nationwide coal to natural gas end-use switch. My dissertation focuses on evaluating the air quality, carbon, and water impacts and their interactions in China's natural gas industry. Chapter 2 assesses the lifecycle climate performance of China's shale gas in comparison to coal based on stage-level energy consumption and methane leakage rates. I find the mean lifecycle carbon footprint of shale gas is about 30-50% lower than that of coal under both 20 year and 100 year global warming potentials (GWP20 and GWP100). However, primarily due to large uncertainties in methane leakage, the lifecycle carbon footprint of shale gas in China could be 15-60% higher than that of coal across sectors under GWP20. Chapter 3 evaluates the air quality, human health, and the climate impacts of China's coal-based synthetic natural gas (SNG) development. Based on earlier 2020 SNG production targets, I conduct an integrated assessment to identify production technologies and end-use applications that will bring as large air quality and health benefits as possible while keeping carbon penalties as small as possible. I find that, due to inefficient and uncontrolled coal combustion in households, allocating currently available SNG to the residential sector proves to be the best SNG allocation option. Chapter 4 compares the air quality, carbon, and water impacts of China's six major gas sources under three end-use substitution scenarios, which are focused on maximizing air pollutant emission reductions, CO 2 emission reductions, and water stress index (WSI)-weighted water consumption reductions, respectively. I find striking national air-carbon/water trade-offs due to SNG, which also significantly increases water demands and carbon emissions in regions already suffering from

  16. Review of hidden carbon emissions, trade, and labor income share in China, 2001–2011

    International Nuclear Information System (INIS)

    Wang, Shu-Hong; Song, Ma-Lin

    2014-01-01

    Coordinated development between the economy and the environment is currently one of the most important issues in China. By establishing models concerning labor income share and hidden carbon emissions, and taking trade as the link in their relationship, this study puts forward the scale effects, technological effects, and structural effects that relate to labor income share under the function of trade. We then establish multi-index and multi-indicator constitutive (MIMIC) equation to measure the ratio of hidden carbon emissions to total emissions, which is further considered the basis of the measurement model. Results of regression analysis carried out on labor income share show that hidden carbon emissions do have a positive effect on labor income share. In the meantime, we also prove that under scale effects, technological effects, and the structural effects of trade, hidden carbon emissions affect labor income shares in different directions. Our conclusions and policy implications are obtained from the calculated results. - Highlights: • This study establishes models concerning labor income share and hidden carbon emissions. • MIMIC is established to measure the ratio of hidden carbon emissions to total discharge. • Hidden carbon emissions have a positive effect on labor income share. • Hidden carbon emissions have various effects on the labor income share

  17. Study on the Coordination of Supply Chain Based on Carbon Emissions Trading Considering the Retailers’ Competition

    Directory of Open Access Journals (Sweden)

    Wang Daoping

    2017-01-01

    Full Text Available This paper studies the coordination of supply chain in the context of carbon emissions trading mechanism, which considering the competition between retailers. Centralized and decentralized supply chain models were constructed to discuss the price of product, to avoid the losses of profit from the decentralized decision-making, the revenue-sharing contract was introduced to coordinate the supply chain. Research shows that the carbon emissions trading reduce emissions effectively, but the higher price of carbon emissions trading cut down the total profit of supply chain; The competition between retailers upgrades the supply chain members’ profit; Coordination was achieved by introducing the revenue-sharing contract. Finally, numerical example was given to illustrate the validity of the revenue-sharing contract, and the sensitivity analysis of parameters such as the price of the emissions trading and the retailers’ competition were presented.

  18. The impact of international trade on China's industrial carbon emissions since its entry into WTO

    International Nuclear Information System (INIS)

    Ren, Shenggang; Yuan, Baolong; Ma, Xie; Chen, Xiaohong

    2014-01-01

    This paper employs the input–output (IO) approach to analyze the scale and structure of embodied carbon emissions of China's 19 industry sectors during 2001–2011 and constructs a regression model to establish the relationship between energy intensity, per capita output, trade openness, foreign direct investment (FDI), trade comparative advantage, environmental regulation, technology, and CO 2 emission intensity. Our results suggest that: China's international embodied carbon emission balance has been in a state of continuous growth for the period 2001–2011, and China has become a pollution haven; the relationship between per capita output and CO 2 emission is inverse N-typed and China's industries are in the rising stage of the curve; FDI and trade comparative advantage are two main elements boosting China's carbon emissions; trade openness, environmental regulation, and technology will lower the growth rate of China's industrial carbon emissions (ICEs). Consequently, China's policies should center on adjusting the industry structure and scale of FDI inflows, transforming industries with trade comparative advantages into a clean type, facilitating environmental regulation level, and bringing in and developing low-carbon technology to avert China from being a pollution haven. - Highlights: • We first employ a panel dataset of 19 industry sectors in China. • The relationship between per capita output and CO 2 emission is inverse N-typed. • China’s industries are in the rising stage of the inverse N-typed curve. • FDI and trade comparative advantage increase industrial carbon emissions in China

  19. Greenhouse gas emission management in the US - current regional initiatives compared with international carbon trading programs

    International Nuclear Information System (INIS)

    Rink, A.G.; Law, S.

    2009-01-01

    In the United States (US) there are currently voluntary reporting programs (EPA Climate Leaders, Carbon Disclosure Project and The Climate Registry), organized market-based trading platforms (Chicago Climate Exchange and The Green Exchange) and proposed regional mandatory cap and trade programs in California, the Northeast, the West and the Midwest. The past success of the US Acid Rain 'cap-and-trade' system market-based format together with the availability of the European Union Emission Trading Scheme to serve as a template for future greenhouse gas regulations is promising as the US can participate in the world wide carbon markets already established. (author)

  20. TRADE-OFF BETWEEN CARBON STORAGE AND BIOMASS-BASED ENERGY SOURCES ECOSYSTEM SERVICES, THE CASE STUDY FROM THE PROVINCE OF ROVIGO (ITALY

    Directory of Open Access Journals (Sweden)

    E. Gissi

    2014-04-01

    Full Text Available Biomass Based Energy Sources (BBES are an Ecosystem Service (ES which can contribute to achieve EU 2020 targets and to ensure energy security. Their effects on other ESs can be different according to biomass typologies, as energy crops and residuals. In order to plan a Greenhouse Gasses (GHGs efficient supply chain and to maintain ES of carbon storage, as well as other related ESs, effect of feedstock chain on Soil Organic Carbon (SOC should be considered. An ESs approach, based on the cascade model, takes into consideration biological interdependencies and management options to assess trade-offs. This study aims to describe and map trade-off between BBES and carbon storage services in Province of Rovigo (Veneto Region, Italy, a mainly intensive cultivated area. Results show that the trade-offs  between the two ESs is potentially high in large part of the territory (75%, while just 25% expresses low possibility of conflict. Possible management options are discussed in order to minimize trade-off between energy provision and climate change mitigation. This study highlights that ESs approach can provide a suitable tool for decision makers, with respect to biomass feedstock chain, whose effects on ecosystems are often underestimated.

  1. Carbon Management In the Post-Cap-and-Trade Carbon Economy-Part II

    Science.gov (United States)

    DeGroff, F. A.

    2014-12-01

    This is the second installment in our search for a comprehensive economic model to mitigate climate change due to anthropogenic activity. Last year we presented how the unique features of our economic model measure changes in carbon flux due to anthropogenic activity, referred to as carbon quality or CQ, and how the model is used to value such changes in the climate system. This year, our paper focuses on how carbon quality can be implemented to capture the effect of economic activity and international trade on the climate system, thus allowing us to calculate a Return on Climate System (RoCS) for all economic assets and activity. The result is that the RoCS for each public and private economic activity and entity can be calculated by summing up the RoCS for each individual economic asset and activity in which an entity is engaged. Such a macro-level scale is used to rank public and private entities including corporations, governments, and even entire nations, as well as human adaptation and carbon storage activities, providing status and trending insights to evaluate policies on both a micro- and macro-economic level. With international trade, RoCS measures the embodied effects on climate change that will be needed to assess border fees to insure carbon parity on all imports and exports. At the core of our vision is a comprehensive, 'open-source' construct of which our carbon quality metric is the first element. One goal is to recognize each country's endemic resources and infrastructure that affect their ability to manage carbon, while preventing spatial and temporal shifting of carbon emissions that reduce or reverse efforts to mitigate climate change. The standards for calculating the RoCS can be promulgated as part of the Generally Accepted Accounted Principles (GAAP) and the International Financial Reporting Standards (IFRS) to ensure standard and consistent reporting. The value of such insights on the climate system at all levels will be crucial to managing

  2. Strategic closed-loop facility location problem with carbon market trading

    DEFF Research Database (Denmark)

    Diabat, A.; Abdallah, T.; Al-Refaie, A.

    2013-01-01

    and recovery of products in a closed-loop configuration. Remanufacturing is the basis of profit-oriented reverse logistics in which recovered products are restored to a marketable condition in order to be resold to the primary or secondary market. In this paper, we introduce a multiechelon multicommodity...... facility location problem with a trading price of carbon emissions and a cost of procurement. The company might either incur costs if the carbon cap, normally assigned by regulatory agencies, is lower than the total emissions, or gain profit if the carbon cap is higher than the total emissions. A numerical...

  3. Analysis of Carbon Emission Reduction in a Dual-Channel Supply Chain with Cap-And-Trade Regulation and Low-Carbon Preference

    Directory of Open Access Journals (Sweden)

    Xiaoyan Wang

    2018-02-01

    Full Text Available This paper focuses on the reduction of carbon emissions driven by cap-and-trade regulation and consumers’ low-carbon preference in a dual-channel supply chain. Under the low-carbon environment, we also discuss the pricing strategies and the profits for the supply chain members using the Stackelberg game model in two cases. In the first (second case where the initial proportion of consumers who prefer the online direct channel (traditional retail channel is “larger”, the direct sale price of low-carbon products could be set higher than (equal to the wholesale price. And it is shown that in both cases, tighter cap-and-trade regulation and higher low-carbon preference stimulate the manufacturer to cut carbon emissions in its production process. However, improving consumers’ low-carbon preference is more acceptable to the supply chain members. It always benefits the manufacturer and the retailer. In comparison, the firm’s profit increases with carbon price only when the clean production level is relatively high. Our findings can provide useful managerial insights for policy-makers and firms in the development of low-carbon sustainability.

  4. Trading greenhouse gas emission benefits from biofuel use in US transportation: Challenges and opportunities

    International Nuclear Information System (INIS)

    Kumarappan, Subbu; Joshi, Satish

    2011-01-01

    Replacing petroleum fuels with biofuels such as ethanol and biodiesel has been shown to reduce greenhouse gas (GHG) emissions. These GHG benefits can potentially be traded in the fledgling carbon markets, and methodologies for quantifying and trading are still being developed. We review the main challenges in developing such carbon trading frameworks and outline a proposed framework for the US, the main features of which include, lifecycle assessment of GHG benefits, a combination of project-specific and standard performance measures, and assigning GHG property rights to biofuel producers. At carbon prices of 10 $ t −1 , estimated monetary benefits from such trading can be 4.5 M$ hm −3 and 17 M$ hm −3 of corn ethanol and cellulosic ethanol respectively. -- Highlights: ▶ Develops a biofuel GHG trading protocol using life-cycle emissions. ▶ Discusses the differences in feedstock and impacts on GHG trading potential. ▶ Compares the developed protocol for biofuels with other existing protocols. ▶ Estimates the market potential, and challenges associated with trading GHG emissions.

  5. Maximizing Amazonia's Ecosystem Services: Juggling the potential for carbon storage, agricultural yield and biodiversity in the Amazon

    Science.gov (United States)

    O'Connell, C. S.; Foley, J. A.; Gerber, J. S.; Polasky, S.

    2011-12-01

    The Amazon is not only an exceptionally biodiverse and carbon-rich tract of tropical forest, it is also a case study in land use change. Over the next forty years it will continue to experience pressure from an urbanizing and increasingly affluent populace: under a business-as-usual scenario, global cropland, pasture and biofuels systems will carry on expanding, while the Amazon's carbon storage potential will likely become another viable revenue source under REDD+. Balancing those competing land use pressures ought also take into account Amazonia's high - but heterogeneous - biodiversity. Knowing where Amazonia has opportunities to make efficient or optimal trade offs between carbon storage, agricultural production and biodiversity can allow policymakers to direct or influence LUC drivers. This analysis uses a spatially-explicit model that takes climate and management into account to quantify the potential agricultural yield of both the Amazon's most important agricultural commodities - sugar, soy and maize - as well as several that are going to come into increasing prominence, including palm oil. In addition, it maps the potential for carbon to be stored in forest biomass and relative species richness across Amazonia. We then compare carbon storage, agricultural yield and species richness and identify areas where efficient trade offs occur between food, carbon, and biodiversity - three critical ecosystem goods and services provided by the world's largest tropical forest.

  6. Trade-offs between forest carbon stocks and harvests in a steady state - A multi-criteria analysis.

    Science.gov (United States)

    Pingoud, Kim; Ekholm, Tommi; Sievänen, Risto; Huuskonen, Saija; Hynynen, Jari

    2018-03-15

    This paper provides a perspective for comparing trade-offs between harvested wood flows and forest carbon stocks with different forest management regimes. A constant management regime applied to a forest area with an even age-class distribution leads to a steady state, in which the annual harvest and carbon stocks remain constant over time. As both are desirable - carbon stocks for mitigating climate change and harvests for the economic use of wood and displacing fossil fuels - an ideal strategy should be chosen from a set of management regimes that are Pareto-optimal in the sense of multi-criteria decision-making. When choosing between Pareto-optimal alternatives, the trade-off between carbon stock and harvests is unavoidable. This trade-off can be described e.g. in terms of carbon payback times or carbon returns. As numerical examples, we present steady-state harvest levels and carbon stocks in a Finnish boreal forest region for different rotation periods, thinning intensities and collection patterns for harvest residues. In the set of simulated management practices, harvest residue collection presents the most favorable trade-off with payback times around 30-40 years; while Pareto-optimal changes in rotation or thinnings exhibited payback times over 100 years, or alternatively carbon returns below 1%. By extending the rotation period and using less-intensive thinnings compared to current practices, the steady-state carbon stocks could be increased by half while maintaining current harvest levels. Additional cases with longer rotation periods should be also considered, but were here excluded due to the lack of reliable data on older forest stands. Copyright © 2018 Elsevier Ltd. All rights reserved.

  7. International trade in oil, gas and carbon emission rights: An intertemporal general equilibrium model

    International Nuclear Information System (INIS)

    Manne, A.S.; Rutherford, T.F.

    1994-01-01

    This paper employs a five-region intertemporal model to examine three issues related to carbon emission restrictions. First, we investigate the possible impact of such limits upon future oil prices. We show that carbon limits are likely to differ in their near- and long-term impact. Second, we analyze the problem of open-quotes leakageclose quotes which could arise if the OECD countries were to adopt unilateral limits upon carbon emissions. Third, we quantify some of the gains from trade in carbon emission rights. Each of these issues have been studied before, but to our knowledge this is the first study based on a multi-regional, forward-looking model. We show that sequential joint maximization can be an effective way to compute equilibria for intertemporal general equilibrium models of international trade. 18 refs., 10 figs

  8. Climate change policy and international trade. Policy considerations in the US

    International Nuclear Information System (INIS)

    Weber, Christopher L.; Peters, Glen P.

    2009-01-01

    Significant recent attention, in both research and policy realms, has been given to the intersection of international trade and global climate change. Trade presents challenges to climate policy through carbon leakage and competitiveness concerns, but also potential solutions through the use of cooperative trade agreements, technology transfer, or carbon tariffs against recalcitrant nations. This study examines how trade may affect climate policy in the US and specifically examines the use of carbon tariffs as suggested by recent bills before the US Congress. We argue that even if such actions are legal at the World Trade Organization, they are probably not necessary to protect industrial competitiveness in the traditional sense, could cover only a small proportion of total embodied emissions in trade, and may in fact be counterproductive at a moment when global cooperation is desperately needed. While political agreement may necessitate at least the threat of carbon tariffs, cooperative agreements such as global sectoral agreements, technology sharing, etc. could be more productive in the short term. (author)

  9. Energy and carbon embodied in the international trade of Brazil. An input-output approach

    International Nuclear Information System (INIS)

    Machado, G; Schaeffer, R.; Worrell, E.

    2001-01-01

    All goods and services produced in an economy are directly and/or indirectly associated with energy use and, according to the type of fuel utilized, with CO2 emissions as well. International trade is an important factor in shaping the industrial structure of a country and, consequently, in affecting a country's energy use and CO2 emissions. This study applies input-output techniques to the Brazilian economy to evaluate the total impacts of international trade on its energy use and CO2 emissions. A commodity-by-industry IO model in hybrid units (energy commodities in physical units and non-energy commodities in monetary units) is applied to the Brazilian economy in 1995. Results show that total energy embodied in the exports of non-energy goods of Brazil equals 831 PJ, while total carbon embodied is 13.5 MtC. These amounts are larger than the relevant amounts embodied in the imports of non-energy goods, respectively 679 PJ and 9.9 MtC. These figures are better understood by contrasting them with the total energy use and the corresponding total carbon emissions of the Brazilian economy in 1995 estimated by this work: 6781 PJ and 99.4 MtC, respectively. This means that international inflows and outflows of energy embodied in non-energy goods are in the order of 10 and 12% of the total energy use, while inflows and outflows of carbon embodied in non-energy goods are approximately 10 and 14% of the corresponding total carbon emissions of the Brazilian economy in 1995. The general picture is that Brazil is not only a net exporter of energy (153 PJ) and of carbon (3.6 MtC) embodied in the non-energy goods internationally traded by the country in 1995, but also that each dollar earned with exports embodied 40% more energy and 56% more carbon than each dollar spent on imports. These findings suggest that Brazilian policy-makers should be concerned about the extra impacts international trade policy may have on energy use and carbon emissions of the country. 71 refs

  10. Carbon dioxide emission and economic growth of China-the role of international trade.

    Science.gov (United States)

    Boamah, Kofi Baah; Du, Jianguo; Bediako, Isaac Asare; Boamah, Angela Jacinta; Abdul-Rasheed, Alhassan Alolo; Owusu, Samuel Mensah

    2017-05-01

    This study investigates the role of international trade in mitigating carbon dioxide emission as a nation economically advances. This study disaggregated the international trade into total exports and total imports. A multivariate model framework was estimated for the time series data for the period of 1970-2014. The quantile regression detected all the essential relationship, which hitherto, the traditional ordinary least squares could not capture. A cointegration relationship was confirmed using the Johansen cointegration model. The findings of the Granger causality revealed the presence of a uni-directional Granger causality running from energy consumption to economic growth; from import to economic growth; from imports to exports; and from urbanisation to economic growth, exports and imports. Our study established the presence of long-run relationships amongst carbon dioxide emission, economic growth, energy consumption, imports, exports and urbanisation. A bootstrap method was further utilised to reassess the evidence of the Granger causality, of which the results affirmed the Granger causality in the long run. This study confirmed a long-run N-shaped relationship between economic growth and carbon emission, under the estimated cubic environmental Kuznet curve framework, from the perspective of China. The recommendation therefore is that China as export leader should transform its trade growth mode by reducing the level of carbon dioxide emission and strengthening its international cooperation as it embraces more environmental protectionisms.

  11. Potential reduction of carbon dioxide emissions from the use of electric energy storage on a power generation unit/organic Rankine system

    International Nuclear Information System (INIS)

    Mago, Pedro J.; Luck, Rogelio

    2017-01-01

    Highlights: • A power generation organic Rankine cycle with electric energy storage is evaluated. • The potential carbon dioxide emissions reduction of the system is evaluated. • The system performance is evaluated for a building in different climate zones. • The system emissions and cost are compared with those of conventional systems. • Use of carbon emissions cap and trade programs on the system is evaluated. - Abstract: This paper evaluates the potential carbon dioxide emissions reduction from the implementation of electric energy storage to a combined power generation unit and an organic Rankine cycle relative to a conventional system that uses utility gas for heating and utility electricity for electricity needs. Results indicate that carbon dioxide emission reductions from the operation of the proposed system are directly correlated to the ratio of the carbon dioxide emission conversion factor for electricity to that of the fuel. The location where the system is installed also has a strong influence on the potential of the proposed system to save carbon dioxide emissions. Finally, it is shown that by using carbon emissions cap and trade programs, it is possible to establish a frame of reference to compare/exchange operational cost gains with carbon dioxide emission reductions/gains.

  12. The Phasing of the Process of Diagnosing the Personnel Potential at Trade Enterprise

    Directory of Open Access Journals (Sweden)

    Peniuk Valeriia O.

    2017-03-01

    Full Text Available The article is aimed at carrying out phasing of the process of diagnosing the personnel potential at trade enterprise, taking into consideration the possible restrictions of a structural nature. The article determines the main causes for unequal attitude by the directors of differently sized trade enterprises of Ukraine towards diagnosing the personnel potential and personnel evaluation. The author’s vision of the phasing of the process of diagnosing the personnel potential has been submitted. An economic-mathematical model of the optimal implementation of the stages of diagnostics of the personnel potential at trade enterprise has been built. A list of principles has been compiled, along with clarifying their contents, on the basis of which diagnosing the personnel potential at trade enterprise should be carried out. The author’s definition of the concept of «desired status of the personnel potential» for trade enterprise has been formulated. Examples of endogenous and exogenous factors that impact the desired status of the personnel potential of trading enterprise and cause its changing have been provided. Prospects for further research in this direction can be research on the diagnostics of other constituents of the strategic potential of trade enterprise, as well as improvement or development of a new methodological instrumentarium to carry out diagnostics of the personnel potential at enterprises.

  13. Trade-offs for food production, nature conservation and climate limit the terrestrial carbon dioxide removal potential.

    Science.gov (United States)

    Boysen, Lena R; Lucht, Wolfgang; Gerten, Dieter

    2017-10-01

    Large-scale biomass plantations (BPs) are a common factor in climate mitigation scenarios as they promise double benefits: extracting carbon from the atmosphere and providing a renewable energy source. However, their terrestrial carbon dioxide removal (tCDR) potentials depend on important factors such as land availability, efficiency of capturing biomass-derived carbon and the timing of operation. Land availability is restricted by the demands of future food production depending on yield increases and population growth, by requirements for nature conservation and, with respect to climate mitigation, avoiding unfavourable albedo changes. We integrate these factors in one spatially explicit biogeochemical simulation framework to explore the tCDR opportunity space on land available after these constraints are taken into account, starting either in 2020 or 2050, and lasting until 2100. We find that assumed future needs for nature protection and food production strongly limit tCDR potentials. BPs on abandoned crop and pasture areas (~1,300 Mha in scenarios of either 8.0 billion people and yield gap reductions of 25% until 2020 or 9.5 billion people and yield gap reductions of 50% until 2050) could, theoretically, sequester ~100 GtC in land carbon stocks and biomass harvest by 2100. However, this potential would be ~80% lower if only cropland was available or ~50% lower if albedo decreases were considered as a factor restricting land availability. Converting instead natural forest, shrubland or grassland into BPs could result in much larger tCDR potentials ̶ but at high environmental costs (e.g. biodiversity loss). The most promising avenue for effective tCDR seems to be improvement of efficient carbon utilization pathways, changes in dietary trends or the restoration of marginal lands for the implementation of tCDR. © 2017 John Wiley & Sons Ltd.

  14. Global warming agreements, international trade and energy/carbon embodiments: an input-output approach to the Italian case

    International Nuclear Information System (INIS)

    Mongelli, I.; Tassielli, G.; Notarnicola, B.

    2006-01-01

    In the Kyoto Protocol the absence of Green House Gases (GHGs) commitments of developing countries (non-Annex I) and the more flexible terms of implementation which are allowed to countries shifting toward a market economy (transition economies) naturally lead to the absence or to less constraining national measures and policies of reduction of the GHGs emissions which, in turn, may determine a comparative advantage in the production of the highest energy/carbon intensive commodities for these countries. These arguments are valid also considering the future implementation of the European Emission Allowance Trading Scheme (EATS). Thus, developing countries may become a haven for the production of not environmental-friendly commodities; in this case, the so-called Pollution Haven Hypothesis, stating that due to freer international trade the comparative advantage may change the economic structure and consequently the trade patterns of the countries linked by trade relationships, could occur. This would lead to the increase of the transfers of energy and carbon embodied in traded commodities from developing countries and transition economies toward Kyoto or EATS constrained countries. The aim of this paper is to verify if for Italy, as a Kyoto and EATS complying country, evidence of a change in the trade patterns, occurred on the basis of the Pollution Haven Hypothesis, does exist and to estimate the magnitude of the under-estimation of the carbon actually emitted: the carbon leakage. The Input-Output model has been used to calculate the intensities of energy consumption and the related Green House Gases emission, for each Italian economic sector

  15. EU Emission Trading: Starting with Carbon Dioxide

    DEFF Research Database (Denmark)

    Vesterdal, Morten; Svendsen, Gert Tinggaard

    2003-01-01

    The Commission of the European Union wants to start a limited emission trading scheme by 2005 within the Community to enable "learning-by-doing" prior to the Kyoto Protocol. This to accomplish the desired 8% target level for six different greenhouse gases. However, in the EU it is not clear whether...... all the six relevant greenhouse gases or only CO2 should be traded. What is the simplest and most practicable solution? We argue in favour of the latter option for three main reasons: the possible dominating global warming potential of CO2, expected future developments in CO2 emissions and the fact...

  16. Spatial-Temporal Variations of Embodied Carbon Emission in Global Trade Flows: 41 Economies and 35 Sectors

    OpenAIRE

    Jing Tian; Hua Liao; Ce Wang

    2014-01-01

    The spatial-temporal variations of embodied carbon emissions in international trade at global scope are still unclear. This paper studies the variations of outflows and inflows of embodied carbon emissions at 35-disaggregated sectors level of 41 countries and regions, and an integrated world input-output model is employed. It also examines what would happen if there were not international trade flows in China, USA and Finland, the representatives of three different levels of the global balanc...

  17. Greenhouse gas trading

    Energy Technology Data Exchange (ETDEWEB)

    Drazilov, P. [Natsource-Tullett Emissions Brokerage, Toronto, ON (Canada)

    2001-07-01

    Natsource-Tullett Emissions Brokerage is a market leader in natural gas, electricity, coal, and weather, emissions with a total of more than $2 billion by volume in emissions transactions in the United States, Canada, Australia, Japan, and Europe. This power point presentation addressed issues dealing with global warming, the Kyoto Protocol, and explained where we are in terms of reaching commitments for the first compliance period between 2008-2012. The paper focused on international emissions trading (IET), joint implementation (JI) and the clean development mechanism (CDM) and explained how greenhouse gases are traded. Emissions trading refers to the trade of carbon dioxide, methane, nitrous oxides, perfluoro-carbons, hydrofluorocarbons, and sulphur hexafluorides. The motivational drivers for trading were outlined in terms of liability for buyers and assets for sellers. To date, trading activity is nearly 120 transactions with nearly 70 million tons of carbon dioxide equivalent. tabs., figs.

  18. Emission trading schemes: potential revenue effects, compliance costs and overall tax policy issues

    International Nuclear Information System (INIS)

    Pope, Jeff; Owen, Anthony D.

    2009-01-01

    The case for the imposition of carbon (emission) taxes or tradable carbon permits in important tax jurisdictions is arguably strong, based upon the polluter pays principle first proposed by Pigou almost a century ago. This paper briefly reviews the arguments for and against these market-based instruments, and discusses their relative advantages and disadvantages in a practical context. In the case of Australia, the revenue effect of the proposed tradable carbon permits scheme is estimated to be A$11.5 billion in 2010-11. For comparison, this is roughly equivalent to a quarter of the revenue from the Goods and Services Tax. The paper focuses on three neglected aspects of climate change taxation discussion to date: how much tax revenue is likely to be raised, and the administrative and compliance costs of an emissions trading scheme, with particular reference to Australia. In discussing these issues, the paper draws upon selected and relevant international experience, particularly the European Union emissions trading scheme. The challenges of an emissions trading scheme, including integration with the existing tax system, particularly in an Australian context, are also discussed. The paper concludes by emphasising the key challenges and issues facing this 'ultimate externality' debate, particularly from a taxation policy perspective.

  19. Current and potential trade in horticultural products irradiated for phytosanitary purposes

    International Nuclear Information System (INIS)

    Bustos-Griffin, Emilia; Hallman, Guy J.; Griffin, Robert L.

    2012-01-01

    The current status of trade in horticultural products irradiated for phytosanitary purposes is examined, including trends, strengths and weaknesses. A strategy is proposed to take advantage of the best future opportunities for increasing trade in irradiated horticultural products by identifying best possibilities for expanding both the number and volume of commodities for irradiation and then applying appropriate business criteria in a general analysis of the commodities, commercial scenarios, and geographic regions where the greatest potential exists for expansion. The results show that fresh fruits such as mango, papaya, citrus, grapes, and vegetables such as tomatoes, onions, asparagus, garlic, and peppers from Asia and the Americas show the greatest potential. Substantial opportunities for additional growth exist, especially as regulatory conditions become more favorable. - Highlights: ► This research examined the trade in horticultural products irradiated for Phytosanitary purposes. ► Paper describes strategies for enhancing trade in irradiated horticultural products. ► Results identify commodities and regions with the greatest potential. ► Additional growth potential exists, especially as regulatory conditions become more favorable.

  20. Embodied carbon dioxide flow in international trade: A comparative analysis based on China and Japan.

    Science.gov (United States)

    Long, Ruyin; Li, Jinqiu; Chen, Hong; Zhang, Linling; Li, Qianwen

    2018-03-01

    Carbon dioxide embodied flow in international trade has become an important factor in defining global carbon emission responsibility and climate policy. We conducted an empirical analysis for China and Japan for the years 2000-2014, using a multi-region input-output model and considering the rest of the world as a comparison group. We compared the two countries' direct and complete carbon dioxide emissions intensity and bilateral economic activities such as imports and exports, production and consumption to analyze the difference between China and Japan. The results showed that the intensities of carbon emissions in all sectors of China were higher than that in Japan and that China's annual production-based emissions were greater than consumption-based emissions, the opposite of these relationships in Japan. China was a typical net carbon export country, and carbon embodied in its imports and exports continued to increase throughout the study period. In contrast, Japan's volume and growth rate of embodied carbon emissions were far less than China's and Japan was a typical net carbon import country. Finally, the conclusions of this study support recommendations for the formulation of international carbon emission responsibility allocation, domestic abatement policy as well as China's trade policy. Copyright © 2018 Elsevier Ltd. All rights reserved.

  1. The effect of trade between China and the UK on national and global carbon dioxide emissions

    International Nuclear Information System (INIS)

    Li, You; Hewitt, C.N.

    2008-01-01

    We estimate the amount of carbon dioxide embodied in bi-lateral trade between the UK and China in 2004. Developing and applying the method of Shui and Harriss [2006. The role of CO 2 embodiment in US-China trade. Energy Policy 34, 4063-4068], the most recently available data on trade and CO 2 emissions have been updated and adjusted to calculate the CO 2 emissions embodied in the commodities traded between China and the UK. It was found that through trade with China, the UK reduced its CO 2 emissions by approximately 11% in 2004, compared with a non-trade scenario in which the same type and volume of goods are produced in the UK. In addition, due to the greater carbon-intensity and relatively less efficient production processes of Chinese industry, China-UK trade resulted in an additional 117 Mt of CO 2 to global CO 2 emissions in the same one year period, compared with a non-trade scenario in which the same type and volume of goods are produced in the UK. This represents an additional 19% to the reported national CO 2 emissions of the UK (555 Mt/y in 2004) and 0.4% of global emissions. These findings suggest that, through international trade, very significant environmental impacts can be shifted from one country to another, and that international trade can (but does not necessarily) result in globally increased greenhouse gas emissions. These results are additional to the environmental consequences of transporting goods, which are not robustly quantified here. (author)

  2. Trade potential of climate smart goods of Vietnam: An application of gravity model

    Directory of Open Access Journals (Sweden)

    Trung Van Vu

    2016-01-01

    Full Text Available This paper examines the trade potential of climate smart goods (CSG of Vietnam. In particular, the study employs gravity model with panel data for bilateral trade between Vietnam and its 45 partners from 2002 to 2013 with an objective of identifying the determinants explaining Vietnam's trade of climate smart products. The estimation results reveal that economic size, market size, distance, real exchange rate, border, and the quality of infrastructure of both Vietnam and its trading partners play a major role in bilateral trade of CSG. Additionally, the paper applies the method using speed of convergence and the estimated gravity equation to answer whether Vietnam has fully realized the potential trade of CSG. Accordingly, Vietnam has strong opportunity for trade expansion with 19 out of 45 countries in the scope of this paper.

  3. Carbon dioxide emissions embodied in international trade in Central Europe between 1995 and 2008

    Directory of Open Access Journals (Sweden)

    Vlčková Jana

    2015-12-01

    Full Text Available Climate change and environmental policies are widely discussed, but much less is known about emissions embodied in goods traded internationally, and the distinction between emission producers and consumers. The carbon dioxide emissions embodied in international trade in Central European countries are subject to examination in this paper. As a result of industrial restructuring and environmental legislation, air pollution has improved significantly in Central European countries since the 1989 transition. On the other hand, economic growth has been accompanied by a rise in consumerism. Despite the increasing role of exports, the Visegrad group countries have become net importers of carbon dioxide emissions between 1995 and 2008. This seems to be the ‘standard trajectory’ of a country’s transition toward a more developed and consumption-oriented economy. The global patterns of carbon dioxide emissions embodied in manufacturing exports are also mapped, using network analysis and constructing ‘product space’. The analysis confirms that industrial re-structuring played an important role in lowering the production of carbon dioxide emissions in the Visegrad countries.

  4. A primer for trading greenhouse gas reductions from landfills

    International Nuclear Information System (INIS)

    2000-06-01

    This introductory level primer on domestic greenhouse gas emissions trading addresses the challenge of dealing with landfill gas emissions of carbon dioxide (CO 2 ) and methane (CH 4 ). It describes the first major emissions trading projects in Canada, the Pilot Emission Reduction Trading (PERT) and the Greenhouse Gas Emission Reduction Trading (GERT) pilot projects which calculate and document the GHG emission reductions that are available from landfill sites. PERT initially focused on nitrogen oxides, volatile organic compounds, carbon monoxide, sulphur dioxide and carbon dioxide. PERT uses the Clean Air Emission Reduction Registry for its emissions trading. Canada completed negotiations of the Kyoto Protocol in December 1997 along with 160 other countries. Upon ratification, Canada will commit to reducing 6 greenhouse gases by 6 per cent below 1990 levels in the period 2008 to 2012. Canada has recognized that it must reduce domestic greenhouse gas emissions to slow global warming which leads to climate change. It has been shown that the capture and destruction of landfill gas can profoundly contribute to meeting the target. One tool that can be used to help meet the objective of reducing GHG emissions is domestic GHG emission trading, or carbon trading, as a result of landfill gas capture and flaring. Landfill gas is generally composed of equal parts of carbon dioxide and methane with some other trace emissions. Accounting for quantities of greenhouse gas emissions is done in equivalent tonnes of carbon dioxide where one tonne of methane reduction is equivalent to 21 tonnes of carbon dioxide in terms of global warming potential. Organics in landfills which lead to the generation of methane are considered to be coming from renewable biomass, therefore, the collection and combustion of landfill gas is also considered to reduce GHG emissions from landfills by 100 per cent on a global basis. Destroying landfill gases can also reduce volatile organic compounds, which

  5. An integrated ecosystem approach for assessing the potential role of cultivated bivalve shells as part of the carbon trading system

    DEFF Research Database (Denmark)

    Filgueira, Ramón; Byron, C.J.; Comeau, L.A.

    2015-01-01

    , is needed to provide a rigorous assessment of the role of bivalve mariculture in the CO2 cycle. On the other hand, the discussion about the inclusion of shells of cultured bivalves into the carbon trading system should be framed in the context of ecosystem goods and services. Humans culture bivalves......The role of bivalve mariculture in the CO2 cycle has been commonly evaluated as the balance between respiration, shell calcium carbonate sequestration and CO2 release during biogenic calcification. However, this approach neglects the ecosystem implications of cultivating bivalves at high densities...... with the aim of producing food, not sequestering CO2 in their shells, therefore the main ecosystem good provided by bivalve aquaculture is meat production, and shells should be considered as by-products of this human activity. This reasoning is key to split the CO2 released due to respiration between meat...

  6. Carbon emissions trading scheme exploration in China: A multi-agent-based model

    International Nuclear Information System (INIS)

    Tang, Ling; Wu, Jiaqian; Yu, Lean; Bao, Qin

    2015-01-01

    To develop a low-carbon economy, China launched seven pilot programs for carbon emissions trading (CET) in 2011 and plans to establish a nationwide CET mechanism in 2015. This paper formulated a multi-agent-based model to investigate the impacts of different CET designs in order to find the most appropriate one for China. The proposed bottom-up model includes all main economic agents in a general equilibrium framework. The simulation results indicate that (1) CET would effectively reduce carbon emissions, with a certain negative impact on the economy, (2) as for allowance allocation, the grandfathering rule is relatively moderate, while the benchmarking rule is more aggressive, (3) as for the carbon price, when the price level in the secondary CET market is regulated to be around RMB 40 per metric ton, a satisfactory emission mitigation effect can be obtained, (4) the penalty rate is suggested to be carefully designed to balance the economy development and mitigation effect, and (5) subsidy policy for energy technology improvement can effectively reduce carbon emissions without an additional negative impact on the economy. The results also indicate that the proposed novel model is a promising tool for CET policy making and analyses. -- Highlights: •A multi-agent-based model is proposed for carbon emissions trading (CET) in China. •Three agents are included: government, firms in different sectors and households. •The impacts of CET on the economy and environment in China are analyzed. •Different CET designs are simulated to find an appropriate policy for China. •Results confirm the effectiveness of the model and give helpful insights into CET design

  7. An optimal control model for reducing and trading of carbon emissions

    Science.gov (United States)

    Guo, Huaying; Liang, Jin

    2016-03-01

    A stochastic optimal control model of reducing and trading for carbon emissions is established in this paper. With considerations of reducing the carbon emission growth and the price of the allowances in the market, an optimal policy is searched to have the minimum total costs to achieve the agreement of emission reduction targets. The model turns to a two-dimension HJB equation problem. By the methods of reducing dimension and Cole-Hopf transformation, a semi-closed form solution of the corresponding HJB problem under some assumptions is obtained. For more general cases, the numerical calculations, analysis and comparisons are presented.

  8. The efficiency costs of separating carbon markets under the EU emissions trading scheme: A quantitative assessment for Germany

    International Nuclear Information System (INIS)

    Boehringer, Christoph; Hoffmann, Tim; Manrique-de-Lara-Penate, Casiano

    2006-01-01

    From 1 January 2005 onwards the European Union has launched the first large-scale international carbon emissions trading program. As the EU Emissions Trading Scheme (EU-ETS) covers only part of domestic carbon emissions, it implies a segmented environmental regulation scheme: Each EU Member State must specify additional domestic abatement policies for the sectors outside the EU-ETS in order to meet its emissions budget under the EU Burden Sharing Agreement. We highlight the generic problems of segmented carbon regulation in terms of information requirements for international carbon prices and domestic abatement costs of sectors outside the EU-ETS. Based on numerical simulations for Germany, we quantify the excess costs of segmented carbon regulation and conclude that inefficiencies can be much better explained by lobbying of influential EU-ETS sectors than by information problems. (Author)

  9. Emissions trading in transition economies: the link between international and domestic policy

    International Nuclear Information System (INIS)

    Evans, M.

    2003-01-01

    International emissions trading has the potential to significantly lower carbon mitigation costs and to promote environmentally friendly investment in transition economies. The design of domestic systems to complement international emissions trading will likely play a major role in emissions trading's effectiveness. This paper examines the benefits and challenges of proposed domestic systems and the related flows of emissions trading revenue in seller nations. The overwhelming majority of emissions available for sale will come from transition economies, which is why this article considers these countries as a group. Governments in countries such as Russia and Poland are interested in the potentially significant revenue they would reap from emissions trading, and some in those governments feel the money would best be used as general revenue for the government. Others argue that emissions trading should involve the private sector and other emitters in order to provide maximum incentives to reduce emissions and generate additional emissions trading revenue (the rules for international emissions trading explicitly allow this). Still others feel that special carbon mitigation funds would allow the government to maintain control yet stimulate additional emission reductions. Each policy contains its own set of challenges: stimulating further emission reductions, credibly monitoring emissions and emission reductions, or applying adequate fiscal accounting to the money flows

  10. 78 FR 55057 - Authority To Manufacture Carbon Fiber for the U.S. Market Not Approved; Foreign-Trade Subzone...

    Science.gov (United States)

    2013-09-09

    ... DEPARTMENT OF COMMERCE Foreign-Trade Zones Board [Order No. 1914] Authority To Manufacture Carbon... behalf of Toho Tenax America, Inc. (TTA), to manufacture carbon fiber under zone procedures for the U.S... approve the application requesting authority to manufacture carbon fiber for the U.S. market under zone...

  11. Carbon allowance auction design of China's emissions trading scheme: A multi-agent-based approach

    International Nuclear Information System (INIS)

    Tang, Ling; Wu, Jiaqian; Yu, Lean; Bao, Qin

    2017-01-01

    In this paper, a multi-agent-based ETS simulation model is proposed for carbon allowance auction design in China. In the proposed model, two main agents, i.e., the government (the ETS implementer) and the firms in different sectors (the ETS targets), are considered. Under the ETS policy, all agents make various decisions individually according to their own goals, and interact with each other through three main markets: the commodity market, the primary carbon auction market and the secondary carbon trading market. Different popular auction designs are introduced into the ETS formulation to offer helpful insights into China's ETS design. (1) Generally, the ETS would lead to positive effects on China's carbon mitigation and energy structure improvement, but a negative impact on economy. (2) As for auction forms, the uniform-price design is relatively moderate, while the discriminative-price design is quite aggressive in both economic damage and emissions reduction. (3) As for carbon price, the uniform-price auction might generate a slightly higher market clearing price than the discriminative-price auction, and the prices under two auction rules fluctuate about RMB 40 per metric ton. (4) As for carbon cap, the total allowances in the carbon auction market should be carefully set to well balance economic growth and mitigation effect. - Highlights: • A multi-agent-based model is proposed for China's emissions trading scheme (ETS). • Two main economic agents are included: government and firms in different sectors. • Auction-based allocation for initial carbon allowances is especially investigated. • Economic and environmental impacts of different auction designs are analyzed. • Results confirm the validity of the model and give helpful insights into ETS design.

  12. International Trade of Wood Pellets (Brochure)

    Energy Technology Data Exchange (ETDEWEB)

    2013-05-01

    The production of wood pellets has increased dramatically in recent years due in large part to aggressive emissions policy in the European Union; the main markets that currently supply the European market are North America and Russia. However, current market circumstances and trade dynamics could change depending on the development of emerging markets, foreign exchange rates, and the evolution of carbon policies. This fact sheet outlines the existing and potential participants in the wood pellets market, along with historical data on production, trade, and prices.

  13. International trade and carbon emissions: The role of Chinese institutional and policy reforms.

    Science.gov (United States)

    Andersson, Fredrik N G

    2018-01-01

    The carbon dioxide embodied in Chinese exports to developed countries increased rapidly from 1995 to 2008. We test the extent to which institutional reforms in China can explain this increase. We focus on five areas of reforms: trade liberalization, environmental institutions, legal and property rights, institutional risk and exchange rate policy. Our results show that trade liberalization, weak environmental institutions, exchange rate policy, and legal and property rights affect emissions. Our results also indicate that the lack of reform in the utilities sector is an important factor in the rapid increase in embodied emissions. Copyright © 2017 Elsevier Ltd. All rights reserved.

  14. Transnational city carbon footprint networks – Exploring carbon links between Australian and Chinese cities

    International Nuclear Information System (INIS)

    Chen, Guangwu; Wiedmann, Thomas; Wang, Yafei; Hadjikakou, Michalis

    2016-01-01

    Highlights: • A trans-national, multi-region input-output analysis for cities is presented. • We examine the carbon footprint network of ten cities. • The balance of emissions embodied in trade discloses a hierarchy of responsibility. • We model how emissions reductions spread through the city carbon networks. • Implications on the Chinese and Australian carbon trading schemes are discussed. - Abstract: Cities are leading actions against climate change through global networks. More than 360 global cities announced during the 2015 Paris Climate Conference that the collective impact of their commitments will deliver over half of the world’s urban greenhouse gas emissions reductions by 2020. Previous studies on multi-city carbon footprint networks using sub-national, multi-region input-output (MRIO) modelling have identified additional opportunities for addressing the negative impacts of climate change through joint actions between cities within a country. However, similar links between city carbon footprints have not yet been studied across countries. In this study we focus on inter-city and inter-country carbon flows between two trading partners in a first attempt to address this gap. We construct a multi-scale, global MRIO model to describe a transnational city carbon footprint network among five Chinese megacities and the five largest Australian capital cities. First, we quantify city carbon footprints by sectors and regions. Based on the carbon map concept we show how local emissions reductions influence other regions’ carbon footprints. We then present a city emissions ’outsourcing hierarchy’ based on the balance of emissions embodied in intercity and international trade. The differences between cities and their position in the hierarchy emphasize the need for a bespoke treatment of their responsibilities towards climate change mitigation. Finally, we evaluate and discuss the potentially significant benefits of harmonising and aligning China

  15. Carbon emission trading system of China: a linked market vs. separated markets

    Science.gov (United States)

    Liu, Yu; Feng, Shenghao; Cai, Songfeng; Zhang, Yaxiong; Zhou, Xiang; Chen, Yanbin; Chen, Zhanming

    2013-12-01

    The Chinese government intends to upgrade its current provincial carbon emission trading pilots to a nationwide scheme by 2015. This study investigates two of scenarios: separated provincial markets and a linked inter-provincial market. The carbon abatement effects of separated and linked markets are compared using two pilot provinces of Hubei and Guangdong based on a computable general equilibrium model termed Sino-TERMCo2. Simulation results show that the linked market can improve social welfare and reduce carbon emission intensity for the nation as well as for the Hubei-Guangdong bloc compared to the separated market. However, the combined system also distributes welfare more unevenly and thus increases social inequity. On the policy ground, the current results suggest that a well-constructed, nationwide carbon market complemented with adequate welfare transfer policies can be employed to replace the current top-down abatement target disaggregation practice.

  16. POTENTIAL TRADE EFFECTS OF TARIFF LIBERALIZATION UNDER THE TRANSATLANTIC TRADE AND INVESTMENT PARTNERSHIP (TTIP FOR THE EU AGRI-FOOD SECTOR

    Directory of Open Access Journals (Sweden)

    Agnieszka Poczta-Wajda

    2017-06-01

    Full Text Available  The aim of this article is to determine the potential trade effects of Transatlantic Trade and Investment Partnership (TTIP for the EU agri-food sector. The ex post analysis covered the characteristics of agri-food trade between the EU and the US in the years 2004–2014 on the basis of statistical data from the database of the World Bank WITS. The ex ante evaluation was carried out using SMART – a partial equilibrium model. The results of the study indicate that although bilateral agri-food trade relations of the EU–US have relatively little importance, but it is significant at the individual industries level. TTIP agreement, which includes the reduction of tariff barriers to agri-food trade between the EU and the US, will contribute to boosting bilateral agri-food trade to a greater extent for the US. The creation of a free trade produces mostly creation effect, whereby it will be asymmetric – concentrated in a few product groups.

  17. Initial scoping of GHG emissions trading potential in Alberta : CABREE discussion paper

    International Nuclear Information System (INIS)

    Armstrong, R.

    2002-03-01

    The past five years have seen the emergence of the concept of emissions trading for greenhouse gases, which would make possible a reduction of the costs required to meet emissions targets agreed upon under the Kyoto Protocol. Emissions trading potential and initial scoping in Alberta is examined in this document, with a special emphasis placed on greenhouse gases. The design of a system, encompassing the theory underlying the mechanism, the current developments, issues of importance in this context, as well as the potential for inclusion of other sectors in Alberta were also discussed. For the purpose of this document, emissions trading was defined as one party reducing its emissions levels then transferring the ownership of that reduction to another party who can then purchase this reduction to assist in meeting its own emissions target. Emission trading can be divided into two basic types called Cap and Trade, and Baseline and Credit. Market creation and behaviour, and regulatory behaviour are factors that can render a trading system more feasible. It is important to analyze the goals before designing the specifics of the system. The incorporation of the various sectors of the economy of Alberta would be affected by their unique features. The greatest promise for emissions trading in Alberta is shown by the energy sector. The percentage of emissions covered, the number of participants, the economic effectiveness are all criteria that affect the performance of any system. figs

  18. Statistical regularities of Carbon emission trading market: Evidence from European Union allowances

    Science.gov (United States)

    Zheng, Zeyu; Xiao, Rui; Shi, Haibo; Li, Guihong; Zhou, Xiaofeng

    2015-05-01

    As an emerging financial market, the trading value of carbon emission trading market has definitely increased. In recent years, the carbon emission allowances have already become a way of investment. They are bought and sold not only by carbon emitters but also by investors. In this paper, we analyzed the price fluctuations of the European Union allowances (EUA) futures in European Climate Exchange (ECX) market from 2007 to 2011. The symmetric and power-law probability density function of return time series was displayed. We found that there are only short-range correlations in price changes (return), while long-range correlations in the absolute of price changes (volatility). Further, detrended fluctuation analysis (DFA) approach was applied with focus on long-range autocorrelations and Hurst exponent. We observed long-range power-law autocorrelations in the volatility that quantify risk, and found that they decay much more slowly than the autocorrelation of return time series. Our analysis also showed that the significant cross correlations exist between return time series of EUA and many other returns. These cross correlations exist in a wide range of fields, including stock markets, energy concerned commodities futures, and financial futures. The significant cross-correlations between energy concerned futures and EUA indicate the physical relationship between carbon emission and energy production process. Additionally, the cross-correlations between financial futures and EUA indicate that the speculation behavior may become an important factor that can affect the price of EUA. Finally we modeled the long-range volatility time series of EUA with a particular version of the GARCH process, and the result also suggests long-range volatility autocorrelations.

  19. Strategic research on the sustainable development cost of manufacturing industry under the background of carbon allowance and trade policy

    Science.gov (United States)

    Ma, Zhongmin; Cheng, Mengting; Wang, Mei

    2017-08-01

    The important subjects of energy consumption and carbon emission are manufacturing enterprises, with the deepening of international cooperation, and the implementation of carbon limit and trade policy, costs of manufacturing industry will rise sharply. How can the manufacturing industry survive in this reform, and it has to be a problem that the managers of the manufacturing industry need to solve. This paper analyses sustainable development cost connotation and value basis on the basis of sustainable development concept, discusses the influence of carbon allowance and trade policy for cost strategy of manufacturing industry, thinks that manufacturing industry should highlight social responsibility and realize maximization of social value, implement cost strategy the sustainable development, and pointed out the implementation way.

  20. Stochastic carbon sinks for combating carbon dioxide emissions in the EU

    International Nuclear Information System (INIS)

    Gren, Ing-Marie; Carlsson, Mattias; Elofsson, Katarina; Munnich, Miriam

    2012-01-01

    This paper carries out numerical calculations on the potential of carbon sinks in the EU Emissions Trading Scheme (ETS) and national commitments under conditions of stochastic carbon dioxide emissions from fossil fuels and carbon sequestration by forests. Chance constraint programming is used to analyze the role of stochastic carbon sinks for national and EU-wide compliance costs. The analytical results show that the inclusion of the carbon sink option can reduce costs for low enough marginal cost and risk discount, but also that costless carbon sinks as by-products from forestry are not part of a cost-effective solution under a high reliability concern. Cost savings are reduced due to risk discounting under a reliability concern, in particular when assigning Chebyshev's inequality as compared with a normal probability distribution. It is also shown that the supply of forest sinks on the market depends on the differences in marginal abatement cost between the trading and the non-trading sectors, and in risk discounting between achievements of the ETS cap and the national commitment. Relatively low marginal abatement cost in the non-trading sector and high risk discounting of national commitment achievements increase the supply of sinks in the market and, hence, reduces the equilibrium price. The empirical application illustrates the importance of risk discounting for the magnitude of cost savings obtained from introducing forest carbon sinks in the EU ETS and national commitments.

  1. Carbon trading thickness and market efficiency

    International Nuclear Information System (INIS)

    Montagnoli, Alberto; De Vries, Frans P.

    2010-01-01

    This note tests for the efficient market hypothesis (EMH) in the market for CO 2 emission allowances in Phase I and Phase II of the European Union Emissions Trading Scheme (EU ETS). As usually is the case in emerging and non-competitive markets such as the EU ETS, trading often not occurs on a frequent basis. This has adverse implications for both the gains from permit trade as well as biases the EMH tests. Variance ratio tests are employed to adjust for the thin trading effect. The results indicate that Phase I - the trial and learning period - was inefficient, whereas the first period under Phase II shows signs of restoring market efficiency. (author)

  2. Tendency of Embodied Carbon Change in the Export Trade of Chinese Manufacturing Industry from 2000 to 2015 and Its Driving Factors

    Directory of Open Access Journals (Sweden)

    Ji Guo

    2018-06-01

    Full Text Available The manufacturing industry is an important part of the national industrial system, and is usually an industry with high carbon content. However, few studies have been carried out on the total amount, structure and the trend of the embodied carbon emission in the international trade of the Chinese manufacturing industry. Based on the input–output method, the thesis proposes the coefficient of direct carbon emission and complete carbon emission and a method for calculating the embodied carbon of the export trade. It also calculates the coefficient of direct carbon emission and complete carbon emission for the Chinese manufacturing sector from 2000 to 2015 and breaks down the embodied carbon change of export trade in the manufacturing industry to a technological effect, structural effect and scale effect by using the method of structural decomposition. Several inspiring conclusions could be drawn from the thesis. For example: (1 the coefficient of both the direct carbon emission and the complete carbon emission has been decreasing significantly, indicating the achievements of the energy saving and emission reduction of the Chinese manufacturing industry. (2 The embodied carbon emission from the manufacturing exports remains high and presents a rising tendency. The main sectors that export the embodied carbon includes “S10 mechanical equipment and instruments”, “S9 metal products”, “S6 chemical industry”, etc., which should be the key sectors on reducing embodied carbon in exports. (3 The driving force of the embodied carbon exports lies in the scale effect of the manufacturing industry, on which the technical effect of the industry has a significant negative effect. The structural effect should have a positive influence that takes on a rising tendency; generally, this effect is only two-thirds of the scale effect. Finally, the corresponding policy suggestions have been made.

  3. Handbook of Carbon Offset Programs. Trading Systems, Funds, Protocols and Standards

    Energy Technology Data Exchange (ETDEWEB)

    Kollmuss, Anja; Lazarus, Michael; Lee, Carrie; Polycarp, Clifford (SEI-US (United States)); LeFranc, Maurice (US EPA (United States))

    2010-03-15

    Greenhouse gas (GHG) offsets have long been promoted as an important element of a comprehensive climate policy approach. Offset programs can reduce the overall cost of achieving a given emission goal by enabling emission reductions to occur where costs are lower. Offsets have the potential to deliver sustainability co-benefits, through technology development and transfer. They can also develop human and institutional capacity for reducing emissions in sectors and locations not included in a cap and trade or a mandatory government policy. However, offsets can pose a risk to the environmental integrity of climate actions, especially if issues surrounding additionality, permanence, leakage, quantification and verification are not adequately addressed. The challenge is to design offset programs and policies that can maximize their potential benefits while minimizing their potential risks. This handbook provides a systematic and comprehensive review of existing offset programs. It looks are what offsets are, how offset mechanisms function, and the successes and pitfalls they have encountered. Coverage includes offset programs across the full swath of applications including mandatory and voluntary systems, government regulated and private markets, carbon offset funds, and accounting and reporting protocols such as the WBCSD/WRI GHG Protocol and ISO 14064. Learning from the successes and failures of these programs will be essential to crafting effective climate policy. A reference for regulators, policy makers, business leaders and NGOs concerned with the design and operation of GHG offset programs world-wide

  4. Decontamination of solid substrates using supercritical carbon dioxide - Application with trade hydro-carbonated surfactants

    International Nuclear Information System (INIS)

    Galy, J.; Fournel, B.; Sawada, K.; Lacroix-Desmazes, P.; Lagerge, S.; Persin, M.

    2007-01-01

    The phase behavior of poly(ethylene oxide)-b-poly(propylene oxide)-b-poly(ethylene oxide) tri-block copolymers (PEO-PPO-PEO Pluronics) in liquid and supercritical carbon dioxide has been studied by cloud point measurements. It shows that such trade hydro-carbonated surfactants are fairly soluble (0.1 wt.%) in carbon dioxide in relatively mild conditions of temperature and pressure (T ≤ 65 degrees C, P ≤ 30 MPa). An empirical model based on the molecular weight of the copolymer has been proposed to predict the pressure-temperature phase diagram for a series of Pluronics (10 wt.% of ethylene oxide). Furthermore, the water/CO 2 interfacial tension has been measured to investigate the interactions between water and the polar moieties of the surfactants (PEO blocks and hydroxyl end-groups) as well as the interactions between CO 2 and the 'CO 2 -philic' moiety of the surfactants (PPO block). An interfacial saturation concentration was evidenced and it was shown to depend on the temperature at a given pressure. The cloud point curves and interfacial tension data are fully consistent with a change in the affinity of the surfactant for CO 2 versus pressure and temperature. A correlation between CO 2 -philic characteristics and surface active properties of the copolymers is given. (authors)

  5. An Optimization Scheduling Model for Wind Power and Thermal Power with Energy Storage System considering Carbon Emission Trading

    Directory of Open Access Journals (Sweden)

    Huan-huan Li

    2015-01-01

    Full Text Available Wind power has the characteristics of randomness and intermittence, which influences power system safety and stable operation. To alleviate the effect of wind power grid connection and improve power system’s wind power consumptive capability, this paper took emission trading and energy storage system into consideration and built an optimization model for thermal-wind power system and energy storage systems collaborative scheduling. A simulation based on 10 thermal units and wind farms with 2800 MW installed capacity verified the correctness of the models put forward by this paper. According to the simulation results, the introduction of carbon emission trading can improve wind power consumptive capability and cut down the average coal consumption per unit of power. The introduction of energy storage system can smooth wind power output curve and suppress power fluctuations. The optimization effects achieve the best when both of carbon emission trading and energy storage system work at the same time.

  6. The factors in the development of marketing potential of trading enterprises

    Directory of Open Access Journals (Sweden)

    Bubenets Iryna

    2016-03-01

    Full Text Available The purpose of this article is the selection and systematization of the influence factors the formation and development of marketing potential of trading enterprises. Currently, when enterprises have experienced an acute shortage of financial resources the value of the marketing potential of the enterprise increases. Since the marketing potential is determined by the possibility of using their own marketing resources, taking into account external and internal factors, their concretization and systematization for increasing the total effective functioning of the economic subsystems of the enterprise are now becoming ever more relevant. Taking into consideration the content of the main functions of business enterprises the author distinguishes the following groups of factors of formation and development of marketing potential of an enterprise: external (external development resources and market opportunities, external marketing environment; internal (internal marketing environment marketing reflects the tangible and intangible resources and capabilities internal development of commercial enterprise. The author has researched and identified the factors-activators of marketing potential of the trading enterprises, which influence greatly on the current and future state of the management system of the marketing potential of the enterprise and help define the desired strategy for the development of marketing potential.

  7. Influencing Factors of Companies’ Behavior for Mitigation: A Discussion within the Context of Emission Trading Scheme

    Directory of Open Access Journals (Sweden)

    Yidan Chen

    2018-02-01

    Full Text Available China built pilot carbon emission trading schemes in seven regions and established a national carbon trading market in electricity sector in December 2017. This study conducted a questionnaire survey of 570 companies in 29 regions nationwide and found that companies still need to improve mitigation measures regarding fossil fuel combustion, production technology, output adjustment and environmental management. By establishing regression models, influencing factors of carbon emission reduction are identified. Pilot emission trading policy has a significant impact on company emission reduction behaviors. Companies inside or outside the pilot region respond differently to the influencing factors. Companies inside emphasize more on energy price and mitigation potential, while enterprises outside pay more attention to investment and familiarity with technology and policy.

  8. Carbon-related border tax adjustment: mitigating climate change or restricting international trade?

    OpenAIRE

    Kaufmann, Christine; Weber, Rolf H

    2011-01-01

    Border tax adjustments in the form of carbon taxes on products from countries with lax environmental production standards or in the form of a required participation in an emissions allowances' trading system have become a heavily debated issue under WTO law. Such an adjustment might be permissible if energy taxes as indirect taxes are applied on inputs during the production process. Compliance with the Most Favoured Nation principle has less practical importance than the not-yet settled liken...

  9. Price floors for emissions trading

    International Nuclear Information System (INIS)

    Wood, Peter John; Jotzo, Frank

    2011-01-01

    Price floors in greenhouse gas emissions trading schemes can guarantee minimum abatement efforts if prices are lower than expected, and they can help manage cost uncertainty, possibly as complements to price ceilings. Provisions for price floors are found in several recent legislative proposals for emissions trading. Implementation however has potential pitfalls. Possible mechanisms are government commitments to buy back permits, a reserve price at auction, or an extra fee or tax on acquittal of emissions permits. Our analysis of these alternatives shows that the fee approach has budgetary advantages and is more compatible with international permit trading than the alternatives. It can also be used to implement more general hybrid approaches to emissions pricing. - Research highlights: → Price floors for emissions trading schemes guarantee a minimum carbon price. → Price floors mean that emissions can be less than specified by the ETS cap. → We examine how price floors can relate to different policy objectives. → We compare different mechanisms for implementing a price floor. → We find that a mechanism where there is an extra tax or fee has advantages.

  10. INTERNATIONAL TRADE OF ROMANIA IN THE CONTEXT OF ITS LOW ECONOMIC POTENTIAL

    Directory of Open Access Journals (Sweden)

    Ionel BOSTAN

    2016-12-01

    Full Text Available The study provides a view on Romanian economy in terms of its competitiveness and potential for sustaining an efficient foreign trade. After reviewing literature and the reports of prestigious institutions and bodies in the area, the author presents several elements providing an accurate image on current quantitative and qualitative parameters of Romanian foreign trade, the internal and foreign processes influencing it and its main trends. The theoretical, legislative and institutional background of the paper was developed earlier by the author in his monograph - "The legal and financial regime applicable to international foreign trade" published in 2008 by ArtPress Publishing House after Romania joined the European Union. In this study, however, the focus is placed on major changes that have occurred in Romania’s foreign trade after it joined the European structures.

  11. Evaluating carbon dioxide emissions in international trade of China

    International Nuclear Information System (INIS)

    Lin Boqiang; Sun Chuanwang

    2010-01-01

    China is the world's largest emitter of carbon dioxide (CO 2 ). As exports account for about one-third of China's GDP, the CO 2 emissions are related to not only China's own consumption but also external demand. Using the input-output analysis (IOA), we analyze the embodied CO 2 emissions of China's import and export. Our results show that about 3357 million tons CO 2 emissions were embodied in the exports and the emissions avoided by imports (EAI) were 2333 million tons in 2005. The average contribution to embodied emission factors by electricity generation was over 35%. And that by cement production was about 20%. It implies that the production-based emissions of China are more than the consumption-based emissions, which is evidence that carbon leakage occurs under the current climate policies and international trade rules. In addition to the call for a new global framework to allocate emission responsibilities, China should make great efforts to improve its energy efficiency, carry out electricity pricing reforms and increase renewable energy. In particular, to use advanced technology in cement production will be helpful to China's CO 2 abatement.

  12. Measuring Polanyi Potentials for Chemsorb 1000 and Chemsorb 3800

    Science.gov (United States)

    Monje, Oscar; Surma, Jan M.; Kayatin, Matthew J.; Perry, Jay L.

    2016-01-01

    Polanyi adsorption potential plots are used to predict the adsorptive capacities of volatile organic compounds onto activated carbons. The design and construction of a test rig for measuring equilibrium adsorption capacities suitable for constructing Polanyi adsorption potential plots for candidate sorbents suitable for use in ECLS systems is presented. The adsorptive capacities of Chemsorb(TradeMark) 1000 and Chemsorb(TradeMark) 800 for ethanol and acetone were measured. The capacities and Polanyi adsorption potential plots for these commercially-available sorbents were compared to that of Barnebey Sutcliffe Type 3032, an acid-impregnated activated carbon utilized aboard the International Space Station.

  13. Living with a carbon allowance: The experiences of Carbon Rationing Action Groups and implications for policy

    International Nuclear Information System (INIS)

    Howell, Rachel A.

    2012-01-01

    Carbon Rationing Action Groups (CRAGs) are grassroots voluntary groups of citizens concerned about climate change, who set themselves a carbon allowance each year and provide support to members seeking to reduce their direct carbon emissions from household energy use and personal transport. Some groups have a financial penalty for carbon emitted in excess of the ration, and systems whereby under-emitters are rewarded using the monies collected from over-emitters. CRAGs therefore operate the nearest scheme in existence to the proposed policy of Personal Carbon Trading (PCT). This paper reports the findings of a study of the opinions and experiences of individuals involved in CRAGs (‘CRAGgers’). In general, interviewees have made significant behavioural changes and emissions reductions, but many would be unwilling to sell spare carbon allowances within a national PCT system. The choices made by CRAGgers with respect to the design and operation of their ‘carbon accounting’, their experiences of reducing fossil fuel energy use, and their views on personal carbon trading at CRAG and national level are discussed. Some possible implications for PCT and other policies are considered, as well as the limitations of CRAGs in informing an understanding of the potential impacts and operation of PCT. - Highlights: ► Reports opinions and experiences of members of Carbon Rationing Action Groups (CRAGs). ► Many interviewees have made significant reductions to their carbon footprint. ► CRAGs offer insights into individuals' experiences of living with a carbon allowance. ► Most CRAGs involve highly motivated individuals and avoid trading. ► They nonetheless offer some insights into Personal Carbon Trading and other policies.

  14. Carbon market emerges

    International Nuclear Information System (INIS)

    Hordern, N.

    2001-01-01

    Last November COP6, the UN climate change conference in The Hague, failed to agree on the rules of the Kyoto Protocol, the treaty limiting developed countries' emissions of greenhouse gases ('carbon'). Many in the Australian resource and energy sector were relieved that COP6 was inconclusive. As Industry Minister Senator Nick Minchin put it: 'Better no outcome than a bad outcome.' However, the financial services sector -potentially a major beneficiary of the international carbon it hoped COP6 would endorse -received a setback. Apparently not for long. Only months later, a nascent Australian carbon trading market seems to be emerging by stealth, irrespective of COP6's fortunes. This poses both opportunities and costs for the resources and energy sectors. Whoever succeeds in influencing the design of a trading scheme, 'pilot' or not, will have a box seat when - not if - a 'mandatory' emissions trading scheme is introduced. Government policy is that there will be no mandatory emissions trading scheme until the establishment of a UN endorsed international market requires one of Australia. This, in turn, depends upon the conclusion of the negotiations that stalled in The Hague. COP6 is set to resume in Germany, probably in July

  15. Scoping Study. Linking RE Promotion Policies with International Carbon Trade (LINK)

    Energy Technology Data Exchange (ETDEWEB)

    Castro, Paula; Hayashi, Daisuke; Kristiansen, Kjell Olav; Michaelowa, Axel; Stadelmann, Martin

    2011-06-15

    Implementing national policies may threaten the eligibility of renewable energy projects for Clean Development Mechanism/Joint Implementation (CDM/JI), thus reducing international development financing. Countries hence need to be very careful when crafting their national promotion policies. The objectives of the Renewable Energy Technology Deployment (IEA-RETD) project were to perform a scoping study on the interplay between national Renewable Energy (RE) promotion policies and international carbon trade. The study summarizes the ongoing discussion, describes the main barriers that may hinder -- or at least not sufficiently support -- the implementation of national RE promotion policies, and provides suggestions for removing these barriers.

  16. Turkey’s Missing Trade, Potential Trade and New Opportunities Türkiye’nin Eksik Dış Ticareti, Ticari Potansiyeli ve Yeni Fırsatlar

    Directory of Open Access Journals (Sweden)

    Engin SORHUN

    2013-09-01

    Full Text Available This study aims to determine the potential trade of Turkey with seven geographicalregions with which she intensively trades and reveals how much of this potential she uses.The main findings are as follows:On the one hand, while estimating a basic gravityequation it is confirmed that a change in the bilateral trade volume essentially depends oncountries’ national income and distance between countries as expected. Nevertheless,contrary to previous studies’ findings, it is observed that border neighbourhood has apositive effect on the trade of Turkey with her neighbour countries. On the other hand, it isrevealed that Turkey under-trades with her trade partners. If Turkey had fully used hertrade potential during 1995-2013 period, she would have effectuated $ 65,9 billion moreexport and $ 42,9 billion more imports.Although the European Union (EU is still her most important trade partner, the actualtrade of Turkey with the EU is very close to her potential trade with the EU. On thecontrary, there is a great gap between actual and potential trade levels of Turkey with theother regions, especially Africa and Middle East. This situation that emerged newopportunities for Turkish trade sector can be expected to have impact on the foreign trademarket diversification policy of Turkey.  Bu çalışma Türkiye’nin yoğun olarak dış ticaret yaptığı yedi coğrafi bölge ile potansiyeldış ticaretini belirlemeyi ve bu potansiyelin ne kadarını kullanabildiğini ortaya çıkarmayıamaçlamaktadır. Ana bulgular şu şekildedir: Bir taraftan, temel Çekim Denklemi (GravityEquation tahminlenmek suretiyle, ikili dış ticaret hacmindeki bir değişimin temel olarakülkelerin milli gelirlerine ve ülkelerin arasındaki mesafeye bağlı olduğu, beklendiği gibi,teyit edilmiştir. Buna rağmen, önceki çalışmaların bulgularının aksine sınır komşuluğununTürkiye’nin komşularıyla ticaretine pozitif etkisi olduğu gözlemlenmiştir. Di

  17. Trade-offs between carbon, water, soil and food in Guanzhong-Tianshui economic region from remotely sensed data

    Science.gov (United States)

    Zhou, Z. X.; Li, Jing; Guo, Z. Z.; Li, Ting

    2017-06-01

    It is important to ensure the efficient supply of land ecosystem services when the competition for land is increasing. In this paper we simulated the ecosystem services function under two scenarios, including carbon sequestration, agricultural production, water and soil conservation, and analyzed the tradeoffs among these ecosystem services in Guanzhong-Tianshui region from 2000 to 2050. Then the productive efficiency of ecosystem services was assessed under two scenarios and compared their production possibility frontiers (PPFs). Through the simulation analysis of their optimum allocation, we also provide the scientific evidence to the development of ecosystem. The natural rules were revealed that if these trade-offs emphasize the potential to sequester carbon in the landscape, along with very little loss of agricultural production, much more water is used. It could be identified to adhere to combine the exploitation and utilization, remediation and protection for land to promote the effective circulation of land eco-system, and meet the society's preferences for land ecosystem service function by adjusting the use of multiple eco-services.

  18. Value-Creation Potential from Multi-Market Trading for a Hydropower Producer

    Directory of Open Access Journals (Sweden)

    Marte Fodstad

    2017-12-01

    Full Text Available We study a hydropower producer’s potential for value-creation from multi-market trading given the price variations in the markets and the flexibility provided through access to hydro reservoirs. We use a perfect foresight optimization model for a price-taking hydropower producer co-optimizing his trades in the day-ahead, intra-day and balancing markets. The model is used on real market data from Norway, Sweden and Germany. The study shows a theoretical potential for added value when selling energy in multiple markets relative to optimal day-ahead sale. Most of this value is achievable also when the perfect foresight is limited to the period from day-ahead bidding until operation. Flexible production plants achieve the largest relative added values for multi-market sales, and has the largest benefit from a long horizon with perfect foresight.

  19. ECONOMIC GROWTH, TRADE AND ENVIRONMENTAL ISSUES: TESTING ENVIRONMENTAL KUZNETS CURVE

    Directory of Open Access Journals (Sweden)

    Dedi Budiman Hakim

    2013-04-01

    Full Text Available ASEAN experiences a dynamic economic growth due to its liberalised markets. However concerns arise related to environmental issues resulting from the economic activities. It reflects tradeoffs between economic growth driven by trade and foreign direct investment (FDI, and environment. To investigate such a relation the Environmental Kuznets Curve was applied by regressing amount of carbon emission with gross domestic product (GDP, quadratic GDP, trade openness and FDI. The result reveals that amount of carbon emission is linearly and positively correlated with GDP per capita. It is predicted that as ASEAN economies grow, carbon emission increases. Trade openness is also found to contribute to carbon emission. Keywords: Kuznets curve, carbon emission, gross domestic product, trade, foreign direct investment JEL classification number: F15, F18

  20. Putting a price on carbon. Econometric essays on the European Union emissions trading scheme and its impacts

    Energy Technology Data Exchange (ETDEWEB)

    Aatola, P.

    2013-06-01

    This dissertation examines the main instrument of the European Union climate policy, the emissions trading scheme (EU ETS) during its first years. Emission trading provides a cost-efficient way to reduce emissions. It creates a price on carbon dioxide and thereby incentives for cleaner production. The four empirical studies in this dissertation provide new information on the price determination in the emissions trading market, market efficiency and market interactions with the electricity markets. This information is useful for many purposes. It benefits the market participants who make choice between trading of emission allowances in the market and abatement of emissions. For the authorities and policy planners the price signal and the efficiency of the markets reveal unique real-time information on marginal abatement costs, impacts of policy decisions and impacts of institutional design of this policy instrument. To be a well-functioning policy instrument the EU ETS should create a credible price signal and efficient markets for trading allowances. The objective of this dissertation is to analyze the EU ETS markets and the price of the European Union emissions allowance, EUA, with econometric time series models. A large data set on market fundamentals is used to analyze the price series. The results of this dissertation reveal that EU ETS is functions well. Carbon has a price that reflects to a large extent the market fundamentals in the study period. The markets are maturing even if not fully informational efficient yet. Interactions with electricity markets are close. The impact of price of carbon on the price of electricity is positive but spatially uneven. In the long run, also climate change affects the electricity bill. The first study of this dissertation investigates the price determination in the market. The empirical results based on years 2005-2011 show that the price of the EUA is largely determined by the market fundamentals. Especially the price of

  1. Inter-trading permanent emissions credits and rented temporary carbon emissions offsets. Some issues and alternatives

    International Nuclear Information System (INIS)

    Sedjo, Roger A.; Marland, Gregg

    2003-01-01

    Permit trading among polluting parties is now firmly established as a policy tool in a range of environmental policy areas. The Kyoto Protocol accepts the principle that sequestration of carbon in the terrestrial biosphere can be used to offset emissions of carbon from fossil fuel combustion and outlines mechanisms. Although the lack of guaranteed permanence of biological offsets is often viewed as a defect, this paper argues that the absence of guaranteed permanence need not be a fundamental problem. We view carbon emissions as a liability issue. One purpose of an emissions credit system is to provide the emitter with a means to satisfy the carbon liability associated with her firm's (or country's) release of carbon into the atmosphere. We have developed and here expand on a rental approach, in which sequestered carbon is explicitly treated as temporary: the emitter temporarily satisfies his liability by temporarily 'parking' his liability, for a fee, in a terrestrial carbon reservoir, or 'sink,' such as a forest or agricultural soil. Finally, the paper relates the value of permanent and temporary sequestration and argues that both instruments are tradable and have a high degree of substitutability that allows them to interact in markets

  2. Justification of the Trade Enterprises Development Strategy in the Process of Strategic Management of the Marketing Potential

    Directory of Open Access Journals (Sweden)

    Grosul Viktoriya A.

    2013-11-01

    Full Text Available The article justifies a necessity of strategic management of marketing potential of retail trade enterprises. The article develops a general structural and logic scheme of the process of strategic management of the marketing potential of a trade enterprise taking into account specific features of the trade industry. It establishes that the main key issue in the theory of strategic management is argumentation of selection of the basic strategy of development of a subject of economy. It justifies a scientific and methodical approach to selection of the basic strategy of development of a trade enterprise in the process of management of the marketing potential, main stages of which are: assessment of the level of loyalty of external marketing environment; identification of marketing stratagems; and selection of the enterprise development strategy. The article offers to use the model of marketing stratagem, the components of which are policy of management of the marketing potential, strategic market position of the enterprise and level of loyalty of external marketing environment. The article develops an interactive strategic cube of formation of the complex of marketing stratagems on the basis of use of which marketing stratagems for various trade networks of the Kharkiv region are identified and strategies of their further development are justified.

  3. Spatial optimization of carbon-stocking projects across Africa integrating stocking potential with co-benefits and feasibility

    DEFF Research Database (Denmark)

    Greve, Michelle; Reyers, Belinda; Lykke, Anne Mette

    2013-01-01

    Carbon (C) offset projects through forestation are employed within the emissions trading framework to store C. Yet, information about the potential of landscapes to stock C, essential to the design of offset projects, is often lacking. Based on data on vegetation C, climate and soil we quantified...... the potential for C storage in woody vegetation across tropical Africa. The ability for offset projects to produce co-benefits for ecosystems and local communities was also investigated. When co-benefits such as biodiversity conservation were considered, the top-ranked sites were often different to sites...... selected purely for their C stocking potential, but they still possessed 68% of the latter’s C stocking potential. This work provides the first continental-scale assessment of which areas may provide the greatest direct and indirect benefits from C storage reforestation projects at the smallest costs...

  4. Essays on globalization. Policies in trade, development, resources and climate change

    Energy Technology Data Exchange (ETDEWEB)

    Kerkelae, L.

    2009-07-01

    This research study on globalization consists of an introduction on the methodology applied, a summary and four independent essays focussing on applied policy research in international trade. The study follows the CGE (Computable General Equilibrium) research tradition. The simulation environment is the publicly available GTAP model. The essays examine the specific topics of trade and aid policies, price liberalization of the Russian energy markets, trade preferences in the sugar sector of the EU and the role of carbon sinks in mitigating climate change. The first essay examines trade and aid policies in Mozambique. The essay analyses the impact of alternative options like trade agreements, aid and trade facilitation. The results suggest that Mozambique has very little to gain from trade agreements or the Doha Round, although some agreements with the EU do yield some benefit. Trade facilitation and aid-for-trade programs on the other hand have the potential for larger benefits. The second essay examines the impact of liberalising RussiaAEs energy sector. The analysis is based on the implicit subsidies in regulated prices of electricity and gas and focuses on the effect of the different taxes and subsidies with respect to welfare and GDP in Russia and abroad. Increases in the price of electricity and gas improve efficiency and shift output from domestic markets to exports. The third essay investigates the impact of liberalising the EUAEs sugar sector by taking into account the complex structure of the EU sugar market and preferences in imports for developing countries. The fourth essay focuses on the effects of including carbon sinks into the analysis of the impacts of the Kyoto agreement. (orig.)

  5. Introducing carbon taxes in South Africa

    International Nuclear Information System (INIS)

    Alton, Theresa; Arndt, Channing; Davies, Rob; Hartley, Faaiqa; Makrelov, Konstantin; Thurlow, James; Ubogu, Dumebi

    2014-01-01

    Highlights: • South Africa is considering introducing a carbon tax to reduce greenhouse gas emissions. • A phased-in tax of US$30 per ton can achieve national emissions reductions targets set for 2025. • Ignoring all potential benefits, the tax reduces national welfare by about 1.2 percent in 2025. • Border carbon adjustments reduce welfare losses while maintaining emissions reductions. • The mode for recycling carbon tax revenues strongly influences distributional outcomes. - Abstract: South Africa is considering introducing a carbon tax to reduce greenhouse gas emissions. Following a discussion of the motivations for considering a carbon tax, we evaluate potential impacts using a dynamic economywide model linked to an energy sector model including a detailed evaluation of border carbon adjustments. Results indicate that a phased-in carbon tax of US$30 per ton of CO 2 can achieve national emissions reductions targets set for 2025. Relative to a baseline with free disposal of CO 2 , constant world prices and no change in trading partner behavior, the preferred tax scenario reduces national welfare and employment by about 1.2 and 0.6 percent, respectively. However, if trading partners unilaterally impose a carbon consumption tax on South African exports, then welfare/employment losses exceed those from a domestic carbon tax. South Africa can lessen welfare/employment losses by introducing its own border carbon adjustments. The mode for recycling carbon tax revenues strongly influences distributional outcomes, with tradeoffs between growth and equity

  6. Opportunities and Challenges for Terrestrial Carbon Offsetting and Marketing, with Some Implications for Forestry in the UK

    Directory of Open Access Journals (Sweden)

    Maria Nijnik

    2010-12-01

    Full Text Available Background and Purpose: Climate change and its mitigation have become increasingly high profile issues since the late 1990s, with the potential of forestry in carbon sequestration a particular focus. The purpose of this paper is to outline the importance of socio-economic considerations in this area. Opportunities for forestry to sequester carbon and the role of terrestrial carbon uptake credits in climate change negotiations are addressed, together with the feasibility of bringing terrestrial carbon offsets into the regulatory emission trading scheme. The paper discusses whether or not significant carbon offsetting and trading will occur on a large scale in the UK or internationally. Material and Methods: The paper reviews the literature on the socio-economic aspects of climate change mitigation via forestry (including the authors’ research on this topic to assess the potential for carbon offsetting and trading, and the likely scale of action. Results and Conclusion: We conclude that the development of appropriate socio-economic framework conditions (e.g. policies, tenure rights, including forest carbon ownership, and markets and incentives for creating and trading terrestrial carbon credits are important in mitigating climate change through forestry projects, and we make suggestions for future research that would be required to support such developments.

  7. Trade-offs and synergies between carbon storage and livelihood benefits from forest commons.

    Science.gov (United States)

    Chhatre, Ashwini; Agrawal, Arun

    2009-10-20

    Forests provide multiple benefits at local to global scales. These include the global public good of carbon sequestration and local and national level contributions to livelihoods for more than half a billion users. Forest commons are a particularly important class of forests generating these multiple benefits. Institutional arrangements to govern forest commons are believed to substantially influence carbon storage and livelihood contributions, especially when they incorporate local knowledge and decentralized decision making. However, hypothesized relationships between institutional factors and multiple benefits have never been tested on data from multiple countries. By using original data on 80 forest commons in 10 countries across Asia, Africa, and Latin America, we show that larger forest size and greater rule-making autonomy at the local level are associated with high carbon storage and livelihood benefits; differences in ownership of forest commons are associated with trade-offs between livelihood benefits and carbon storage. We argue that local communities restrict their consumption of forest products when they own forest commons, thereby increasing carbon storage. In showing rule-making autonomy and ownership as distinct and important institutional influences on forest outcomes, our results are directly relevant to international climate change mitigation initiatives such as Reduced Emissions from Deforestation and Forest Degradation (REDD) and avoided deforestation. Transfer of ownership over larger forest commons patches to local communities, coupled with payments for improved carbon storage can contribute to climate change mitigation without adversely affecting local livelihoods.

  8. Emissions trading in the real world : Ontario Power Generation's domestic and international trading activities

    International Nuclear Information System (INIS)

    Jantzi, B.

    2001-01-01

    In this presentation, the author discussed Ontario Power Generation's voluntary commitment to stabilize carbon dioxide equivalent emissions at 1990 levels. To do so, Ontario Power Generation is implementing a series of green energy initiatives, a corporate tree planting program, internal energy efficiency, and an emission reduction trading (ERT). The emphasis was placed on emission trading, where Ontario Power Generation is a leader in the field of greenhouse gas, nitrogen oxide and sulphur dioxide trading in Canada. The approach to trading adopted was explained, with the specifics provided for each of the different categories of emissions. Some examples further illustrated the process. The outlook for the future was outlined, with plans for the geological sequestration of carbon dioxide and enhanced oil recovery, low nitrogen oxide gasoline additive. The benefits of emission trading were discussed from the perspective of Ontario Power Generation and the environment, such as allowing real reductions in emissions in a cost effective manner, enhanced risk management, investments in emissions reductions. The author argued that emission reduction is the way of the future, representing the only way in which the greenhouse gas emissions reductions required to minimize global climate change will be accomplished

  9. Trading for a better environment. Feasibility of CO2 emission trade in the Netherlands

    International Nuclear Information System (INIS)

    Kolk, J. van der; Harmsen, H.

    2002-01-01

    July 1, 2000, the Committee CO2 trade was initiated by the Dutch Minister of Housing, Spatial Planning and the Environment (VROM) to investigate the desirability and feasibility of a national system for the trade of CO2 emission. Other greenhouse gases than carbon dioxide are not taken into account [nl

  10. Prospects for international trade in environmental services: An analysis of international carbon emission off-sets

    International Nuclear Information System (INIS)

    Swisher, J.N.

    1991-01-01

    This dissertation presents a case study analysis in which the costs to a US electric utility of reducing its carbon dioxide (CO 2 ) emissions are compared with the costs of carbon-saving forestry projects in Costa Rica and Guatemala. The results show that a large electric utility in the south-central US would find it relatively inexpensive, even profitable given a conducive regulatory treatment, to reduce its CO 2 emissions by a few percent over the next ten years, through direct investment in energy end-use efficiency improvements. In comparison, the costs of the forestry projects studied in Central America range from $1/TC to a worst-case value of about $55/TC, with most project costs between $5 and $13/TC, depending on the type of project, the climate, and the opportunity cost of land. The total amount of CO 2 storage potential is significant, about 100 million tons per country, but not enough to suggest that forestry can offset more than a few percent of global CO 2 emissions from fossil fuel use. These case studies suggest that international trade in the environmental service of reducing global CO 2 accumulation could have significant economic and ecological benefits. A transaction in which a utility pays for forestry projects in exchange for credit against an emission reduction policy is an example of an international carbon emission offset (ICEO). ICEO's could provide a currency for funding carbon-saving services as a way to comply with national policies to reduce CO 2 emissions, as long as compliance is allowed through investments in other countries. This type of North-South transfer is necessary to reconcile economic efficiency and international equity, because of the disparity between the national allocations of responsibility for greenhouse gas emissions and opportunities for emission reductions

  11. A new generation of trade policy: potential risks to diet-related health from the trans pacific partnership agreement

    Science.gov (United States)

    2013-01-01

    Trade poses risks and opportunities to public health nutrition. This paper discusses the potential food-related public health risks of a radical new kind of trade agreement: the Trans Pacific Partnership agreement (TPP). Under negotiation since 2010, the TPP involves Australia, Brunei, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore, the USA, and Vietnam. Here, we review the international evidence on the relationships between trade agreements and diet-related health and, where available, documents and leaked text from the TPP negotiations. Similar to other recent bilateral or regional trade agreements, we find that the TPP would propose tariffs reductions, foreign investment liberalisation and intellectual property protection that extend beyond provisions in the multilateral World Trade Organization agreements. The TPP is also likely to include strong investor protections, introducing major changes to domestic regulatory regimes to enable greater industry involvement in policy making and new avenues for appeal. Transnational food corporations would be able to sue governments if they try to introduce health policies that food companies claim violate their privileges in the TPP; even the potential threat of litigation could greatly curb governments’ ability to protect public health. Hence, we find that the TPP, emblematic of a new generation of 21st century trade policy, could potentially yield greater risks to health than prior trade agreements. Because the text of the TPP is secret until the countries involved commit to the agreement, it is essential for public health concerns to be articulated during the negotiation process. Unless the potential health consequences of each part of the text are fully examined and taken into account, and binding language is incorporated in the TPP to safeguard regulatory policy space for health, the TPP could be detrimental to public health nutrition. Health advocates and health-related policymakers must be

  12. A new generation of trade policy: potential risks to diet-related health from the trans pacific partnership agreement.

    Science.gov (United States)

    Friel, Sharon; Gleeson, Deborah; Thow, Anne-Marie; Labonte, Ronald; Stuckler, David; Kay, Adrian; Snowdon, Wendy

    2013-10-16

    Trade poses risks and opportunities to public health nutrition. This paper discusses the potential food-related public health risks of a radical new kind of trade agreement: the Trans Pacific Partnership agreement (TPP). Under negotiation since 2010, the TPP involves Australia, Brunei, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore, the USA, and Vietnam. Here, we review the international evidence on the relationships between trade agreements and diet-related health and, where available, documents and leaked text from the TPP negotiations. Similar to other recent bilateral or regional trade agreements, we find that the TPP would propose tariffs reductions, foreign investment liberalisation and intellectual property protection that extend beyond provisions in the multilateral World Trade Organization agreements. The TPP is also likely to include strong investor protections, introducing major changes to domestic regulatory regimes to enable greater industry involvement in policy making and new avenues for appeal. Transnational food corporations would be able to sue governments if they try to introduce health policies that food companies claim violate their privileges in the TPP; even the potential threat of litigation could greatly curb governments' ability to protect public health. Hence, we find that the TPP, emblematic of a new generation of 21st century trade policy, could potentially yield greater risks to health than prior trade agreements. Because the text of the TPP is secret until the countries involved commit to the agreement, it is essential for public health concerns to be articulated during the negotiation process. Unless the potential health consequences of each part of the text are fully examined and taken into account, and binding language is incorporated in the TPP to safeguard regulatory policy space for health, the TPP could be detrimental to public health nutrition. Health advocates and health-related policymakers must be

  13. Trade Facilitation Indicators and their Potential Impact on Trade Between the Countries of South-Eastern Europe

    Directory of Open Access Journals (Sweden)

    Toševska-Trpčevska Katerina

    2016-11-01

    Full Text Available In this paper we base our analysis on previous OECD findings and analysis of trade facilitation indicators for assessing relative economic and trade impact of specific trade facilitation measures for the countries of South-Eastern Europe. In the analysis we plan to include all CEFTA-2006 members, except Moldova, and other countries which are part of this region: Bulgaria, Romania and Greece. We plan to construct twelve trade facilitation indicators (TFIs that correspond to the main policy areas under negotiations at the WTO. The indicators are composed from seventy-eight variables, whose values are drawn from publicly available data. We plan to use these indicators in gravity model in order to estimate the impact of those policy areas on trade volumes between the countries of the region. The use of individual trade facilitation indicators should also enable countries to better assess which trade facilitation measures deserve priority.

  14. Competitive potential of trade organization : theoretical and methodological foundations of formation and realization

    OpenAIRE

    Serebryakova, Nadezhda A.; Semenenko, Sergey V.; Grishchenko, Natalya V.; Ulchenko, Tamara Y.

    2016-01-01

    Problematics of competitive potential of organization does not have any multi-disciplinary limitations of research. Study of competitive potential in connection with factors of its formation and conditions for realization, including competition, competitiveness, and competitive advantages of organization, was conducted by many scientists. At that, in view of sectorial specifics, there is domination of works devoted to study of competitive potential of production, not trade, organizations. Ide...

  15. Strategies for the municipal waste management system to take advantage of carbon trading under competing policies: The role of energy from waste in Sydney

    International Nuclear Information System (INIS)

    El Hanandeh, Ali; El-Zein, Abbas

    2009-01-01

    Climate change is a driving force behind some recent environmental legislation around the world. Greenhouse gas emission reduction targets have been set in many industrialised countries. A change in current practices of almost all greenhouse-emitting industrial sectors is unavoidable, if the set targets is to be achieved. Although, waste disposal contributes around 3% of the total greenhouse gas emissions in Australia (mainly due to fugitive methane emissions from landfills), the carbon credit and trading scheme set to start in 2010 presents significant challenges and opportunities to municipal solid waste practitioners. Technological advances in waste management, if adopted properly, allow the municipal solid waste sector to act as carbon sink, hence earning tradable carbon credits. However, due to the complexity of the system and its inherent uncertainties, optimizing it for carbon credits may worsen its performance under other criteria. We use an integrated, stochastic multi-criteria decision-making tool that we developed earlier to analyse the carbon credit potential of Sydney municipal solid waste under eleven possible future strategies. We find that the changing legislative environment is likely to make current practices highly non-optimal and increase pressures for a change of waste management strategy.

  16. Potential pest transfer mediated by international ornamental plant trade.

    Science.gov (United States)

    Patoka, Jiří; Bláha, Martin; Kalous, Lukáš; Vrabec, Vladimír; Buřič, Miloš; Kouba, Antonín

    2016-05-25

    In recent years, the keeping of ornamental freshwater animals and plants in garden ponds has been growing in popularity. Water hyacinth (Eichhornia crassipes) is one of the preferred macrophytes seasonally imported mainly from South-eastern Asia throughout the world. This constitutes a secondary introduction inasmuch as the species is native to South America. Although many assemblages of aquatic invertebrates have been described as associated with this plant in the wild, there has been no research focused on their potential introduction via the international plant trade. We examined 216 specimens of water hyacinths imported for ornamental purposes from Indonesia into the Czech Republic. Numerous meio- and macroinvertebrates belonging to at least 39 species were captured. On the total number of individuals, the highest prevalence was of Tubulinea and Rotifera. Most of these were still alive and vital, including a caterpillar of the Indo-Australian invasive moth Spodoptera litura. Water hyacinths are usually placed into outdoor ponds immediately after import, which facilitates the release of non-target alien species. The present paper aims to draw attention to "hitchhikers" associated with the ornamental trade.

  17. Potential Economic Impacts of the Vietnam-Korea Free Trade Agreement on Vietnam

    Directory of Open Access Journals (Sweden)

    Thanh Hoan Phan

    2016-03-01

    Full Text Available This paper provides an assessment of the potential economic impacts of the Vietnam-Korea free trade agreement on Vietnam, by using general equilibrium modeling. The results show that Vietnam-Korea FTA will increase aggregate welfare for both countries in the long run. The most important gains accrue from better allocation of resources consequent to trade liberalization. All the sectoral differences and changes are consistent with the trade profiles of the two countries, and the long-run results are more pronounced than those of the short-run. In comparison with other ASEAN countries, the CGE analysis suggests that Vietnam's agriculture exports to Korea would especially rise in the long run. However, there will be strong competition in this sector among ASEAN members. Thus, an earlier conclusion of a comprehensive FTA with Korea is expected to be a good strategy for Vietnam, so as to avoid the direct competition with ASEAN members in the future.

  18. International trade and climate change policies

    International Nuclear Information System (INIS)

    Brack, D.; Grubb, M.; Windram, C.

    2000-01-01

    Can the World Trade Organisation deal with climate change? Can a world of liberalised trade implement the Kyoto Protocol? As trade and environment head for a global collision, this book provides an essential guide to one of the key confrontations. It analyzes the conflicts now intensifying. How will climate change policies, including energy and carbon taxation and the removal of energy subsidies, affect overall trade structures and volumes? Will countries tackling climate change become less competitive? What of taxing international aviation and marine fuels? Will the 'flexibility mechanisms' of the Kyoto Protocol, such as emissions trading, fall under WTO disciplines? Can trade restrictions be applied to enforce the Kyoto Protocol? (Author)

  19. What You Should Know About Carbon Markets

    Directory of Open Access Journals (Sweden)

    Maria Mansanet-Bataller

    2008-12-01

    Full Text Available Since the entry into force of the Kyoto Protocol, carbon trading has been in continuous expansion. In this paper, we review the origins of carbon trading in order to understand how carbon trading works in Europe and, specifically, the functioning of the European Union Emission Trading Scheme (EU ETS and the workings of several spot, futures and options markets where European Union Allowances are traded. As well, the linking of the EU ETS with the other United Nations carbon markets is also studied.

  20. Potential gains from CO2 trading in the EU

    DEFF Research Database (Denmark)

    Svendsen, Gert Tinggaard; Vesterdal, Morten

    2003-01-01

    A new Green Paper from the European Commission on emissions trading foresees the setting-up of a CO2 trading system within the EU for the energy sector. Because any such international environmental agreement is self-enforcing, the participants must have an economic net gain from joining the propo......A new Green Paper from the European Commission on emissions trading foresees the setting-up of a CO2 trading system within the EU for the energy sector. Because any such international environmental agreement is self-enforcing, the participants must have an economic net gain from joining...... the proposed system. Our contribution is therefore to follow the Green Paper proposal and investigate whether member countries and the largest industrial boilers in the electricity sector actually will get significant net gains from CO2 trade in the European Union rather than undertaking domestic actions...... solely. We show, based on PRIMES model, that a full CO2 emission trading system between Annex B countries suggest overall cost savings in the order of 40 % compared to a situation with no trading at all between Member States. A tradable CO2 permit scheme with comprehensive coverage of emissions within...

  1. Greenhouse gas trading starts up

    Science.gov (United States)

    Showstack, Randy

    While nations decide on whether to sign on to the Kyoto Protocol on climate change, some countries and private companies are moving forward with greenhouse gas emissions trading.A 19 March report, "The Emerging International Greenhouse Gas Market," by the Pew Center on Global Climate Change, reports that about 65 greenhouse gas emissions trades for quantities above 1,000 metric tons of carbon dioxideequivalent already have occurred worldwide since 1996. Many of these trades have taken place under a voluntary, ad hoc framework, though the United Kingdom and Denmark have established their own domestic emissions trading programs.

  2. Trade Performance and Potential of the Philippines: An Application of Stochastic Frontier Gravity Model

    OpenAIRE

    Deluna, Roperto Jr

    2013-01-01

    This study was conducted to investigate the issue of what Philippine merchandise trade flows would be if countries operated at the frontier of the gravity model. The study sought to estimate the coefficients of the gravity model. The estimated coefficients were used to estimate merchandise export potentials and technical efficiency of each country in the sample and these were also aggregated to measure impact of country groups, RTAs and inter-regional trading agreements. Result of the ...

  3. Frameworks for comparing emissions associated with production, consumption, and international trade.

    Science.gov (United States)

    Kanemoto, Keiichiro; Lenzen, Manfred; Peters, Glen P; Moran, Daniel D; Geschke, Arne

    2012-01-03

    While the problem of climate change is being perceived as increasingly urgent, decision-makers struggle to agree on the distribution of responsibility across countries. In particular, representatives from countries hosting emissions-intensive exporting industries have argued that the importers of emissions-intensive goods should bear the responsibility, and ensuing penalties. Indeed, international trade and carbon leakage appear to play an increasingly important role in the carbon emissions debate. However, definitions of quantities describing the embodiment of carbon emissions in internationally traded products, and their measurement, have to be sufficiently robust before being able to underpin global policy. In this paper we critically examine a number of emissions accounting concepts, examine whether the ensuing carbon balances are compatible with monetary trade balances, discuss their different interpretations, and highlight implications for policy. In particular, we compare the emissions embodied in bilateral trade (EEBT) method which considers total trade flows with domestic emission intensities, with the multi-regional input-output (MRIO) method which considers trade only into final consumption with global emission intensities. If consumption-based emissions of different countries were to be compared, we would suggest an MRIO approach because of the global emissions coverage inherent in this method. If trade-adjusted emission inventories were to be compared, we would suggest an EEBT approach due to the consistency with a monetary trade balance.

  4. The Impact of Transport Mode and Carbon Policy on Low-Carbon Retailer

    Directory of Open Access Journals (Sweden)

    Yi Zheng

    2015-01-01

    Full Text Available Low-carbon retail has become a strategic target for many developed and developing economies. This study discusses the impact of transport mode and carbon policy on achieving this objective. We investigated the retailer transportation mode, pricing, and ordering strategy, which all consider carbon-sensitive demand under the carbon cap-and-trade policy. We analyzed the optimal decision of retailer and their maximum profit affected by transport mode and cap-and-trade policy parameters. Results show that the two elements (cap-and-trade policy and consumer low-carbon awareness could encourage the retailer to choose low-carbon transportation. The two elements also influence the profit and optimal decision of retailer. Finally, a numerical example is presented to illustrate the applicability of the model.

  5. Revisiting the emissions-energy-trade nexus: evidence from the newly industrializing countries.

    Science.gov (United States)

    Ahmed, Khalid; Shahbaz, Muhammad; Kyophilavong, Phouphet

    2016-04-01

    This paper applies Pedroni's panel cointegration approach to explore the causal relationship between trade openness, carbon dioxide emissions, energy consumption, and economic growth for the panel of newly industrialized economies (i.e., Brazil, India, China, and South Africa) over the period of 1970-2013. Our panel cointegration estimation results found majority of the variables cointegrated and confirm the long-run association among the variables. The Granger causality test indicates bidirectional causality between carbon dioxide emissions and energy consumption. A unidirectional causality is found running from trade openness to carbon dioxide emission and energy consumption and economic growth to carbon dioxide emissions. The results of causality analysis suggest that the trade liberalization in newly industrialized economies induces higher energy consumption and carbon dioxide emissions. Furthermore, the causality results are checked using an innovative accounting approach which includes forecast-error variance decomposition test and impulse response function. The long-run coefficients are estimated using fully modified ordinary least square (FMOLS) method, and results conclude that the trade openness and economic growth reduce carbon dioxide emissions in the long run. The results of FMOLS test sound the existence of environmental Kuznets curve hypothesis. It means that trade liberalization induces carbon dioxide emission with increased national output, but it offsets that impact in the long run with reduced level of carbon dioxide emissions.

  6. Potential Trade-Offs between the Sustainable Development Goals in Coastal Bangladesh

    Directory of Open Access Journals (Sweden)

    Craig W. Hutton

    2018-04-01

    Full Text Available The Sustainable Development Goals (SDGs are offered as a comprehensive strategy to guide and encourage sustainable development at multiple scales both nationally and internationally. Furthermore, through the development of indicators associated with each goal and sub-goal, the SDGs support the notion of monitoring, evaluation and adaptive management, underpinned by the aspirations of social justice, equity and transparency. As such, the ethical intention of the SDGs is well founded. However, possible conflicts and trade-offs between individual SDGs have received little attention. For example, SDGs relating to poverty (SDG 1, inequality (SDG 10, food security (SDG2, economic development (SDG 8 and life in water and on land (SDGs 14 and 15, are potentially competing in many circumstances. In a social–ecological context, policy support and formulation are increasingly adopting systems approaches, which analyse the complex interactions of system elements. Adopting such an approach in this work, the above SDGs are analysed for coastal Bangladesh. This demonstrates multiple potential trade-offs between the SDGs, including agricultural farming approaches in the light of poverty reduction, and between economic growth and environmental integrity as well as equity. To develop coherent and policy relevant socio-ecological strategies, appropriate decision frameworks need to be co-developed across the range of stakeholders and decision-makers. Integrated models have great potential to support such a process.

  7. Designing carbon markets, Part II: Carbon markets in space

    International Nuclear Information System (INIS)

    Fankhauser, Samuel; Hepburn, Cameron

    2010-01-01

    This paper analyses the design of carbon markets in space (i.e., geographically). It is part of a twin set of papers that, starting from first principles, ask what an optimal global carbon market would look like by around 2030. Our focus is on firm-level cap-and-trade systems, although much of what we say would also apply to government-level trading and carbon offset schemes. We examine the 'first principles' of spatial design to maximise flexibility and to minimise costs, including key design issues in linking national and regional carbon markets together to create a global carbon market.

  8. Comparing climate policies to reduce carbon emissions in China

    International Nuclear Information System (INIS)

    Li, Aijun; Lin, Boqiang

    2013-01-01

    Currently, China is the largest carbon emitter mainly due to growing consumption of fossil fuels. In 2009, the Chinese government committed itself to reducing domestic carbon emissions per unit of GDP by 40–45% by 2020 compared to 2005 levels. Therefore, it is a top priority for the Chinese government to adopt efficient policy instruments to reduce its carbon intensity. Against this background, this paper develops a general equilibrium model and seeks to provide empirical contributions by comparing the potential impacts of several different policy options to reduce China's carbon emissions. The main findings are as follows. Firstly, these climate policies would affect the structure of economy and contribute to carbon emissions reduction and carbon intensity reduction. Secondly, there would be significant differences in the economic and environmental effects among different climate policies and hence, the government would trade-off among different economic objectives to overcome any potential resistances. Thirdly, there would be considerable differences in the emissions effects of absolute and intensity-based carbon emissions controls, implying that the government might adopt different climate policies for absolute or intensity-based carbon emissions controls. Looking ahead, the government should trade-off among different objectives when designing climate reforms. - Highlights: • We develop a static general equilibrium model to simulate the impacts of climate policies. • We compare the potential impacts of various climate policies in China. • We discuss how to design these policies to make them more effective

  9. The coal question that emissions trading has not answered

    International Nuclear Information System (INIS)

    Pearse, Rebecca

    2016-01-01

    Can emissions trading assist with the task of placing a limit on coal production and consumption in Australia? This paper outlines a critical political economy perspective on coal and a flagship ‘market mechanism’ for emissions reduction. The prospects for an effective emissions trading scheme in coal-dominated economies are considered in light of its theoretical justifications as well as recent attempts to price carbon in Australia. Emissions trading is a weak instrument that does not address real-world failures of coal governance. At their theoretical best, carbon prices produce marginal changes to the cost structure of production. In practice, the Australian case demonstrates emissions trading is an attempt to displace the emissions reduction task away from coal, through compensation arrangements and offsetting. In light of the urgent need to rapidly reduce global emissions, direct regulation and democratisation of coal production and consumption should be flagship climate policy. - Highlights: • Emissions trading schemes (ETS) are weak instruments for placing a limit on coal. • Pre-existing failures of coal governance cannot be addressed by emissions trading. • Considerable transfers of public wealth to coal companies occurred as part of the Australian ETS. • Carbon offset arrangements spatially displace responsibility for reducing emissions away from coal.

  10. Forest carbon accounting methods and the consequences of forest bioenergy for national greenhouse gas emissions inventories

    International Nuclear Information System (INIS)

    McKechnie, Jon; Colombo, Steve; MacLean, Heather L.

    2014-01-01

    Highlights: • Forest carbon accounting influences the national GHG inventory impacts of bioenergy. • Current accounting rules may overlook forest carbon trade-offs of bioenergy. • Wood pellet trade risks creating an emissions burden for exporting countries. - Abstract: While bioenergy plays a key role in strategies for increasing renewable energy deployment, studies assessing greenhouse gas (GHG) emissions from forest bioenergy systems have identified a potential trade-off of the system with forest carbon stocks. Of particular importance to national GHG inventories is how trade-offs between forest carbon stocks and bioenergy production are accounted for within the Agriculture, Forestry and Other Land Use (AFOLU) sector under current and future international climate change mitigation agreements. Through a case study of electricity produced using wood pellets from harvested forest stands in Ontario, Canada, this study assesses the implications of forest carbon accounting approaches on net emissions attributable to pellets produced for domestic use or export. Particular emphasis is placed on the forest management reference level (FMRL) method, as it will be employed by most Annex I nations in the next Kyoto Protocol Commitment Period. While bioenergy production is found to reduce forest carbon sequestration, under the FMRL approach this trade-off may not be accounted for and thus not incur an accountable AFOLU-related emission, provided that total forest harvest remains at or below that defined under the FMRL baseline. In contrast, accounting for forest carbon trade-offs associated with harvest for bioenergy results in an increase in net GHG emissions (AFOLU and life cycle emissions) lasting 37 or 90 years (if displacing coal or natural gas combined cycle generation, respectively). AFOLU emissions calculated using the Gross-Net approach are dominated by legacy effects of past management and natural disturbance, indicating near-term net forest carbon increase but

  11. Mashreq Arab interconnected power system potential for economic energy trading

    International Nuclear Information System (INIS)

    Al-Shehri, A.M.; El-Amin, I.M.; Opoku, G.; Al-Baiyat, S.A.; Zedan, F.M.

    1994-01-01

    The Mashreq Arab countries covered in this study are Bahrain, Egypt, Jordan, Lebanon, Oman, Qatar, Saudi Arabia, Syria, the United Arab Emirates, and Yemen. A feasibility study for the interconnection of the electrical networks of the Mashreq Arab countries, sponsored by the Arab Fund, was completed in June 1992. Each country is served by one utility except Saudi Arabia, which is served by four major utilities and some smaller utilities serving remote towns and small load centers. The major utilities are the Saudi consolidated electric Company in the Eastern Province (SCECO East), SCECO Center, SCECO West, and SCECO South. These are the ones considered in this study. The Mashreq Arab region has a considerable mix of energy resources. Egypt and Syria have some limited amounts of hydropower resources, and the Arabian Gulf region is abundant in fossil fuel reserves. Owing to the differences in energy production costs, a potential exists for substantial energy trading between electric utilities in the region. The major objective of this project is to study the feasibility of electric energy trading between the Mashreq Arab countries. The basis, assumptions, and methodologies on which this energy trading study is based relate to the results and conclusions arising out of the previous study, power plant characteristics and costs, assumptions on economic parameters, rules for economy energy exchange, etc. This paper presents the basis, methodology, and major findings of the study

  12. Does EU emissions trading bite? An event study

    International Nuclear Information System (INIS)

    Jong, Thijs; Couwenberg, Oscar; Woerdman, Edwin

    2014-01-01

    The aim of this paper is to examine whether shareholders consider the EU Emissions Trading Scheme (EU ETS) as value-relevant for the participating firms. An analysis is conducted of the share prices changes as caused by the first publication of compliance data in April, 2006, which disclosed an over-allocation of emission allowances. Through an event study, it is shown that share prices actually increased as a result of the allowance price drop when firms have a lower carbon-intensity of production and larger allowance holdings. There was no significant value impact from firms' allowance trade activity or from the pass-through of carbon-related production costs (carbon leakage). The conclusion is that the EU ETS does ‘bite’. The main impact on the share prices of firms arises from their carbon-intensity of production. The EU ETS is thus valued as a restriction on pollution. - Highlights: • Firms are more positively valued with lower carbon-intensities of production. • Firms are more negatively valued with smaller holdings of allowances. • The stock market does not value the firms' allowance trade activity. • The stock market does not seem to value the pass-through of carbon costs in product prices

  13. A basis for greenhouse gas trading in agriculture : Final report of the emission reduction trading protocol team

    International Nuclear Information System (INIS)

    2002-01-01

    A link has been established between increasing levels of greenhouse gases in the atmosphere and the rise in global temperatures. The burning of fossil fuels, land use changes, agricultural and industrial activities play a large part in the increase of greenhouse gases and result in in changes to temperature, precipitation and weather patterns. The two methods that can be used to reduce the buildup of greenhouse gases in the atmosphere are the reduction of the gases and the sequestration of carbon dioxide (carbon dioxide is absorbed) into terrestrial processes. Several policy options are being considered to effect this reduction in buildup, and one of those includes the implementation of a tradable system of emission permits. Such a scenario would involve the agricultural sector removing and reducing on-farm emissions of greenhouse gases, thereby earning it credits that could then be sold to those industries that face tougher greenhouse gases control costs. The study led to several findings: (1) trades in carbon dioxide in the Albertan agricultural sector and changes in agricultural practices could lead to reductions of up to 5 million tonnes per year to 2008, (2) the sector is in a good position to trade carbon removals and credits into a large final emitter cap and trade system, (3) some uncertainties in the policy area remain, (4) the early years of trading are not risk-free, and (5) the risks are being hedged through a number of mechanisms and tools that have already been identified. 18 refs., 3 tabs., 3 figs

  14. CO2 embodiment in China–Australia trade: The drivers and implications

    International Nuclear Information System (INIS)

    Tan, Hao; Sun, Aijun; Lau, Henry

    2013-01-01

    This study focuses on CO 2 emissions ‘embodied’ in the characteristic China–Australia bilateral trade, which refer to the CO 2 emissions due to the production of goods traded between the two countries. We perform an assessment of the CO 2 embodiment in the trade during the period between 2002 and 2010. We find that the scale effect has been a dominant effect contributing to an increase of CO 2 emissions embodied in the bilateral trade through the years; while the composition effect seems to be a major driver for reducing CO 2 embodiment in the exports of Australia to China. Based on an analysis of the difference between the amounts of actual CO 2 embodiment and those in a hypothetical ‘no-trade’ scenario, we estimate that the ‘net’ CO 2 emissions due to the bilateral trade declined from around 10 Mt of CO 2 emissions in 2002 to −10 Mt in 2010; that is, the bilateral trade contributed to a reduction of the global carbon emissions in the recent years. This finding suggests that the rapid growth of exports of carbon-intensive goods from Australia to China has helped in reducing carbon emissions globally because carbon intensity factors of those goods are much lower in Australia than those in China. - Highlights: • This research focuses on CO 2 emissions embodied in China–Australia trade. • Australia is mainly a resource provider while China exports manufacturing goods. • The scale effect is a dominant effect for increasing the CO 2 embodiments. • The composition effect is a major driver for reducing the CO 2 embodiments. • The trade contributed to a reduction of the global carbon emissions in 2010

  15. Trade Finance during the 2008–9 Trade Collapse : Key Takeaways

    OpenAIRE

    Chauffour, Jean-Pierre; Malouche, Mariem

    2011-01-01

    Trade finance matters for trade, and when financial markets and world trade collapsed three years ago, a shortage in trade finance was hailed as a possible culprit. Because of the potential for global repercussions, world leaders called on the international community to act swiftly to avoid a depression. Governments and international institutions intervened to mitigate the impacts of the c...

  16. Carbon stewardship: land management decisions and the potential for carbon sequestration in Colorado, USA

    International Nuclear Information System (INIS)

    Failey, Elisabeth L; Dilling, Lisa

    2010-01-01

    Land use and its role in reducing greenhouse gases is a key element of policy negotiations to address climate change. Calculations of the potential for enhanced terrestrial sequestration have largely focused on the technical characteristics of carbon stocks, such as vegetation type and management regime, and to some degree, on economic incentives. However, the actual potential for carbon sequestration critically depends on who owns the land and additional land management decision drivers. US land ownership patterns are complex, and consequently land use decision making is driven by a variety of economic, social and policy incentives. These patterns and incentives make up the 'carbon stewardship landscape'-that is, the decision making context for carbon sequestration. We examine the carbon stewardship landscape in the US state of Colorado across several public and private ownership categories. Achieving the full potential for land use management to help mitigate carbon emissions requires not only technical feasibility and financial incentives, but also effective implementing mechanisms within a suite of often conflicting and hard to quantify factors such as multiple-use mandates, historical precedents, and non-monetary decision drivers.

  17. Targeted opportunities to address the climate-trade dilemma in China

    Science.gov (United States)

    Liu, Zhu; Davis, Steven J.; Feng, Kuishuang; Hubacek, Klaus; Liang, Sai; Anadon, Laura Diaz; Chen, Bin; Liu, Jingru; Yan, Jinyue; Guan, Dabo

    2016-02-01

    International trade has become the fastest growing driver of global carbon emissions, with large quantities of emissions embodied in exports from emerging economies. International trade with emerging economies poses a dilemma for climate and trade policy: to the extent emerging markets have comparative advantages in manufacturing, such trade is economically efficient and desirable. However, if carbon-intensive manufacturing in emerging countries such as China entails drastically more CO2 emissions than making the same product elsewhere, then trade increases global CO2 emissions. Here we show that the emissions embodied in Chinese exports, which are larger than the annual emissions of Japan or Germany, are primarily the result of China’s coal-based energy mix and the very high emissions intensity (emission per unit of economic value) in a few provinces and industry sectors. Exports from these provinces and sectors therefore represent targeted opportunities to address the climate-trade dilemma by either improving production technologies and decarbonizing the underlying energy systems or else reducing trade volumes.

  18. The impacts of policy mix for resolving overcapacity in heavy chemical industry and operating national carbon emission trading market in China

    International Nuclear Information System (INIS)

    Li, Wei; Lu, Can; Ding, Yi; Zhang, Yan-Wu

    2017-01-01

    Highlights: •A STIRPAT embed dynamic CGE model is utilized to evaluate the whole impact. •Economy and trade increased slightly under scenario shock. •Global carbon emission reduction rate ranges from 3.33% to 7.46%. •Carbon emission peaks in 2022, 2024, 2026 beyond simulating scenarios. •Energy intensity decreases 19.58–23.71% upon 2020 in contrast with 2015. -- Abstract: In place to reduce greenhouse gas emission efficiently and accomplish carbon emission peak destination ahead of 2030, a variety of policy-based interventions grounded in optimizing energy structure and boosting emission mitigation have been put forward to target carbon-and resource-intensive enterprises across China. Both defusing overcapacity in heavy chemical industry and constructing national carbon trading market are recently attached with a stronger significant importance. A STIRPAT (Stochastic Impacts by Regression on Population, Affluence, and Technology) embed dynamic CGE (computable general equilibrium) model is applied in this study to evaluate the simulation effects focusing on China’s economy, energy, and household lifestyle. We devise nine scenarios in terms of the two aforementioned mitigation strategies. The results indicate that, the optimal policy mix, balancing economic improvement, energy mix readjustment, and emission reduction to the maximize value, is founded to be declining the proportion of heavy chemical industry capacity with an annual average level of 3%, 1%, 1%, stipulating carbon price in 5.8 dollar/ton, 11.6 dollar/ton, 14.5 dollar/ton, and distributing annual carbon allowance as 3.5 billion ton, 7 billion ton, 9 billion ton during 2017–2020, 2021–2025, and 2026–2030 respectively.

  19. Trade reform in Iran for accession to the World Trade Organization

    NARCIS (Netherlands)

    Farajzadeh, Zakariya; Zhu, Xueqin; Bakhshoodeh, Mohammad

    2017-01-01

    We developed a computable general equilibrium (CGE) model to study the potential welfare and environmental impacts of Iran's trade reform for accession to the World Trade Organization (WTO). Our results show that removing trade barriers not only results in higher welfare and GDP as well as lower

  20. Fair Trade in Sustainable Development. The Potential for Fair Trade Market Growth in Poland

    Directory of Open Access Journals (Sweden)

    Grażyna Śmigielska

    2015-11-01

    Full Text Available The paper presents the concept of Fair Trade, which is considered an alternative to conventional trade, and becomes increasingly popular in the Western countries. In addition, some results of empirical research, conveyed in Poland and aimed at diagnosis and assessment of Fairtrade products market, are provided. Fair trade is analysed not only in the broad theoretical context which shows its contribution to sustainable development and relation to corporate social responsibility, but also in the framework of supply chains management. The benefits from the Fairtrade label, including transaction costs reduction are indicated. The assumption is that to achieve them, consumer acceptance of the idea and willingness to buy Fairtrade products are necessary. The empirical research was focused on answering the question whether a market niche for Fairtrade goods exists in Poland and how to develop it by the means of communication tools. The market niche, although very small, has been identified and described. It is apparent that, in order to develop it, a public policy, aimed at raising the awareness of Fair Trade idea, is necessary as well as marketing activities like social marketing Internet campaigns and better and more prominently products display.

  1. Carbon potential measurement on some actinide carbides

    International Nuclear Information System (INIS)

    Anthonysamy, S.; Ananthasivan, K.; Kaliappan, I.; Chandramouli, V.; Vasudeva Rao, P.R.; Mathews, C.K.; Jacob, K.T.

    1994-01-01

    Uranium-Plutonium mixed carbides with a Pu/(U+Pu) ratio of 0.55 are to be used as the fuel in the Fast Breeder Test Reactor (FBTR) at Kalpakkam, India. Carburization of the stainless steel clad by this fuel is determined by its carbon potential. Because the carbon potential of this fuel composition is not available in the literature, it was measured by the methane-hydrogen gas equilibration technique. The sample was equilibrated with purified hydrogen and the equilibrium methane-to-hydrogen ratio in the gas phase was measured with a flame ionization detector. The carbon potential of the ThC-ThC 2 as well as Mo-Mo 2 C system, which is an important binary in the actinide-fission product-carbon systems, were also measured by this technique in the temperature range 973 to 1,173 K. The data for the Mo-Mo 2 C system are in agreement with values reported in the literature. The results for the ThC-ThC 2 system are different from estimated values with large uncertainty limits given in the literature. The data on (U, Pu) mixed carbides indicates the possibility of stainless steel clad attack under isothermal equilibrium conditions

  2. Designing carbon markets. Part I: Carbon markets in time

    International Nuclear Information System (INIS)

    Fankhauser, Samuel; Hepburn, Cameron

    2010-01-01

    This paper analyses the design of carbon markets in time (i.e., intertemporally). It is part of a twin set of papers that ask, starting from first principles, what an optimal global carbon market would look like by around 2030. Our focus is on firm-level cap-and-trade systems, although much of what we say would also apply to government-level trading and carbon offset schemes. We examine the 'first principles' of temporal design that would help to maximise flexibility and to minimise costs, including banking and borrowing and other mechanisms to provide greater carbon price predictability and credibility over time.

  3. EU-Mercosur Trade Agreement: Potential Impacts on Rural Livelihoods and Gender (with Focus on Bio-fuels Feedstock Expansion

    Directory of Open Access Journals (Sweden)

    Leonith Hinojosa

    2009-11-01

    Full Text Available The trade-sustainable impact assessment of the European Union-Mercosur trade agreement found that the economic impact of the trade liberalisation scenario could be positive in the agricultural sectors of Mercosur countries. However, it also found that the social and environmental impacts would be mixed and potentially detrimental. This paper addresses the likely effects on the livelihoods of vulnerable rural populations. It argues that the potential impacts can be analysed within a diversified livelihood strategies framework, which is expanded to include institutional and policy factors. It concludes that the negative expected impact responds to the highly uneven access to capital assets. On the other hand, the effects are not generalised to all Mercosur countries, nor to all regions in each of the member countries. Enhancing or mitigating measures refer to the importance of sequencing and regulation to improve disadvantaged groups‘ abilities to participate in trade-led agricultural intensification or industrialisation processes.

  4. Nutrition labelling is a trade policy issue: lessons from an analysis of specific trade concerns at the World Trade Organization.

    Science.gov (United States)

    Thow, Anne Marie; Jones, Alexandra; Hawkes, Corinna; Ali, Iqra; Labonté, Ronald

    2017-01-12

    Interpretive nutrition labels provide simplified nutrient-specific text and/or symbols on the front of pre-packaged foods, to encourage and enable consumers to make healthier choices. This type of labelling has been proposed as part of a comprehensive policy response to the global epidemic of non-communicable diseases. However, regulation of nutrition labelling falls under the remit of not just the health sector but also trade. Specific Trade Concerns have been raised at the World Trade Organization's Technical Barriers to Trade Committee regarding interpretive nutrition labelling initiatives in Thailand, Chile, Indonesia, Peru and Ecuador. This paper presents an analysis of the discussions of these concerns. Although nutrition labelling was identified as a legitimate policy objective, queries were raised regarding the justification of the specific labelling measures proposed, and the scientific evidence for effectiveness of such measures. Concerns were also raised regarding the consistency of the measures with international standards. Drawing on policy learning theory, we identified four lessons for public health policy makers, including: strategic framing of nutrition labelling policy objectives; pro-active policy engagement between trade and health to identify potential trade issues; identifying ways to minimize potential 'practical' trade concerns; and engagement with the Codex Alimentarius Commission to develop international guidance on interpretative labelling. This analysis indicates that while there is potential for trade sector concerns to stifle innovation in nutrition labelling policy, care in how interpretive nutrition labelling measures are crafted in light of trade commitments can minimize such a risk and help ensure that trade policy is coherent with nutrition action. © The Author 2017. Published by Oxford University Press. All rights reserved. For Permissions, please email: journals.permissions@oup.com.

  5. Carbon Nanotubes and Chronic Granulomatous Disease

    Directory of Open Access Journals (Sweden)

    Barbara P. Barna

    2014-06-01

    Full Text Available Use of nanomaterials in manufactured consumer products is a rapidly expanding industry and potential toxicities are just beginning to be explored. Combustion-generated multiwall carbon nanotubes (MWCNT or nanoparticles are ubiquitous in non-manufacturing environments and detectable in vapors from diesel fuel, methane, propane, and natural gas. In experimental animal models, carbon nanotubes have been shown to induce granulomas or other inflammatory changes. Evidence suggesting potential involvement of carbon nanomaterials in human granulomatous disease, has been gathered from analyses of dusts generated in the World Trade Center disaster combined with epidemiological data showing a subsequent increase in granulomatous disease of first responders. In this review we will discuss evidence for similarities in the pathophysiology of carbon nanotube-induced pulmonary disease in experimental animals with that of the human granulomatous disease, sarcoidosis.

  6. Trade Exposure of Energy Intensive Sectors

    International Nuclear Information System (INIS)

    Korteland, M.H.; Nelissen, D.; De Bruyn, S.M.

    2010-04-01

    In this report we analysed the origin and destinations of trade flows between EU and non-EU countries with respect to eight industrial sectors. In addition we looked at the political pledges made during the Copenhagen negotiations last December. If we combine these two types of insights, we get an idea of the risk of carbon leakage due to EU climate policies. Our analysis shows that the EU often trades with countries that have climate policy in place. As these major trading partners of the EU can be expected to adopt similar stringent climate policies, CO2 might get a price in these markets as well and the risk of carbon leakage is reduced/absent. Trade intensities should be corrected for that. In case the EU will adopt a -30% emission reduction target, trade with Australia, New Zealand, Japan, Switzerland, Brazil and Mexico, need to be excluded from the calculation of trade intensities since those countries will adopt comparable climate policies. The average downward correction on trade intensities is 3%. If the EU eventually decides to adopt a -20% reduction scenario, trade flows with Russia, Canada and the USA should also be excluded. Those countries will then have policies of similar stringency. The average correction on trade intensities is then -8,5%. These findings have direct consequences on the allocation mechanism for some sectors, which will no longer receive free emission rights as they do not qualify as 'exposed' to international competition anymore. These sectors are listed in Table 4 (-30% scenario) and Table 5 (-20% scenario) on page 31. Yet, those sectors that are expected to face large cost increases (>5%) due to EU ETS, will still receive free allocation.

  7. The trade-off between expected risk and the potential for large accidents

    International Nuclear Information System (INIS)

    Niehaus, F.; de Leon, G.; Cullingford, M.

    1984-01-01

    This paper, by Niehaus, de Leon, and Cullingford, examines the relationship between expected risk and the potential for large accidents. Using historical data for airplane accidents from 19471980, the authors show that a reduction of the expected value of risk often results in an increase in the potential for catastrophe. Phrased differently, the authors suggest that there may be a nenessary trade-off between high-probability/low-consequence risk and low-probability/high-consequence risk. The implications of this study for energy systems, for oil and gas supply, and for nuclear systems are also given

  8. Energy trading

    International Nuclear Information System (INIS)

    Glachant, J.M.; Kimman, R.; Schweickardt, H.E.

    2001-05-01

    This document brings together 18 testimonies of experts about energy trading: 1 - the energy trading experience on European deregulated markets: structure of deregulated energy markets in Europe, case study: a two years experience of a power exchange in western Europe, case study: European energy exchanges (experience of spot and future trading), case study: risk management on energy deregulated markets; 2 - the trading activity environment and realities in France: the French electrical law and the purchase for resale, experience feedback: status after 3 months of trading in France (the first experience of a French producer), the access to the power transportation network, which legal constraints for trading in France, the access of eligible clients to the French power market, conditions of implementation of a power exchange market in France, which real trading possibilities in France for producers and self-producers in the legal frame, case study: the role of trading in the company (main part or link to process), convergence of gas and electricity markets, gas-electricity trading: which pricing models; 3 - risk management and use of new technologies potentiality, the results outside the French borders: case study: what differences between the European and US markets, prices volatility and commodity risk management: towards the on-line trading, role and developments of E-business in energy trading, how to simplify trade in a liberalized market. (J.S.)

  9. Fitness trade-offs in pest management and intercropping with colour: an evolutionary framework and potential application.

    Science.gov (United States)

    Farkas, Timothy E

    2015-10-01

    An important modern goal of plant science research is to develop tools for agriculturalists effective at curbing yield losses to insect herbivores, but resistance evolution continuously threatens the efficacy of pest management strategies. The high-dose/refuge strategy has been employed with some success to curb pest adaptation, and has been shown to be most effective when fitness costs (fitness trade-offs) of resistance are high. Here, I use eco-evolutionary reasoning to demonstrate the general importance of fitness trade-offs for pest control, showing that strong fitness trade-offs mitigate the threat of pest adaptation, even if adaptation were to occur. I argue that novel pest management strategies evoking strong fitness trade-offs are the most likely to persist in the face of unbridled pest adaptation, and offer the manipulation of crop colours as a worked example of one potentially effective strategy against insect herbivores.

  10. The Potential Impact of the Transatlantic Trade and Investment Partnership (TTIP) on public health.

    Science.gov (United States)

    De Vogli, Roberto; Renzetti, Noemi

    2016-01-01

    This article aims to examine the potential health effects of the Transatlantic Trade and Investment partnership (TTIP). Our review indicates that, although proponents of the TTIP claim that the treaty will produce benefits to health-enhancing determinants such as economic growth and employment, evidence shows that previous trade liberalization policies are associated with increasing economic inequities. By reducing Technical Barriers to Trade (TBT) and by promoting increased cooperation between US and EU governmental agencies in the pharmaceutical sector, the TTIP could result in improved research cooperation and reduced duplication of processes. However, the TTIP chapter on Intellectual Property (IP) and Trade-Related Aspects of Intellectual Property Rights (TRIPS) that expand and extend patent monopolies, and delay the availability of generic drugs, are likely to cause underutilization of needed medications among vulnerable populations. The TTIP's Investor to State Dispute Settlement (ISDS) arbitration system, a mechanism that allows transnational companies (TNCs) to sue governments when a policy or law reduces the value of their investment, is likely to generate a negative impact on regulations aimed at increasing access to healthcare, and reducing tobacco, alcohol consumption, and diet-related diseases. The Sanitary and Phytosanitary Standards (SPS) of the TTIP is expected to weaken regulations in the food and agricultural sectors especially in the EU, with potentially negative effects on food safety and foodborne diseases. Finally, the ISDS is likely to infringe the ability of governments to tackle environmental problems such as climate change deemed to be the most important global health threat of the century. Our review concludes by discussing policy implications and the effect of the TTIP on democracy, national sovereignty and the balance of power between large TNCs and governments. It also discusses the adoption of an evidence-based precautionary principle

  11. Potential risk of regional disease spread in West Africa through cross-border cattle trade.

    Directory of Open Access Journals (Sweden)

    Anna S Dean

    Full Text Available Transboundary animal movements facilitate the spread of pathogens across large distances. Cross-border cattle trade is of economic and cultural importance in West Africa. This study explores the potential disease risk resulting from large-scale, cross-border cattle trade between Togo, Burkina Faso, Ghana, Benin, and Nigeria for the first time.A questionnaire-based survey of livestock movements of 226 cattle traders was conducted in the 9 biggest cattle markets of northern Togo in February-March 2012. More than half of the traders (53.5% operated in at least one other country. Animal flows were stochastically simulated based on reported movements and the risk of regional disease spread assessed. More than three quarters (79.2%, range: 78.1-80.0% of cattle flowing into the market system originated from other countries. Through the cattle market system of northern Togo, non-neighbouring countries were connected via potential routes for disease spread. Even for diseases with low transmissibility and low prevalence in a given country, there was a high risk of disease introduction into other countries.By stochastically simulating data collected by interviewing cattle traders in northern Togo, this study identifies potential risks for regional disease spread in West Africa through cross-border cattle trade. The findings highlight that surveillance for emerging infectious diseases as well as control activities targeting endemic diseases in West Africa are likely to be ineffective if only conducted at a national level. A regional approach to disease surveillance, prevention and control is essential.

  12. Potential Risk of Regional Disease Spread in West Africa through Cross-Border Cattle Trade

    Science.gov (United States)

    Dean, Anna S.; Fournié, Guillaume; Kulo, Abalo E.; Boukaya, G. Aboudou; Schelling, Esther; Bonfoh, Bassirou

    2013-01-01

    Background Transboundary animal movements facilitate the spread of pathogens across large distances. Cross-border cattle trade is of economic and cultural importance in West Africa. This study explores the potential disease risk resulting from large-scale, cross-border cattle trade between Togo, Burkina Faso, Ghana, Benin, and Nigeria for the first time. Methods and Principal Findings A questionnaire-based survey of livestock movements of 226 cattle traders was conducted in the 9 biggest cattle markets of northern Togo in February-March 2012. More than half of the traders (53.5%) operated in at least one other country. Animal flows were stochastically simulated based on reported movements and the risk of regional disease spread assessed. More than three quarters (79.2%, range: 78.1–80.0%) of cattle flowing into the market system originated from other countries. Through the cattle market system of northern Togo, non-neighbouring countries were connected via potential routes for disease spread. Even for diseases with low transmissibility and low prevalence in a given country, there was a high risk of disease introduction into other countries. Conclusions By stochastically simulating data collected by interviewing cattle traders in northern Togo, this study identifies potential risks for regional disease spread in West Africa through cross-border cattle trade. The findings highlight that surveillance for emerging infectious diseases as well as control activities targeting endemic diseases in West Africa are likely to be ineffective if only conducted at a national level. A regional approach to disease surveillance, prevention and control is essential. PMID:24130721

  13. Understanding the side effects of emission trading: implications for waste management.

    Science.gov (United States)

    Braschel, Nina; Posch, Alfred; Pierer, Magdalena

    2014-01-01

    The trading of emission allowances is an important market instrument in climate policy. However, the inclusion of certain branches of industry in the trading system not only provides incentives for emission reduction, it also entails unwanted side effects. Thus, the objective of the present study is to identify such side effects-positive and negative-by examining the potential impact of waste management inclusion in the European Union Emissions Trading Scheme (EU ETS). Desk research was supplemented with qualitative and quantitative empirical analysis (based on expert interviews and a questionnaire) in order to analyse the related perceptions and expectations of actors and stakeholders. The impact of waste management inclusion in the EU ETS is analysed in terms of the following three areas: (i) costs and cost pass-through, (ii), competitiveness and market position, and (iii) carbon leakage. Concerning expectations in the area of costs, both the interviewed experts and the practitioners surveyed thought that costs were likely to increase or that they could be passed on to customers. However, experts and practitioners differed with respect to the possibility of carbon leakage. Clearly, increased knowledge of the possible impact arising from inclusion of the waste sector in the EU ETS would enable managers to become more proactive and to manage waste streams and treatment options more economically.

  14. An econometric study of CO2 emissions, energy consumption, income and foreign trade in Turkey

    International Nuclear Information System (INIS)

    Halicioglu, Ferda

    2009-01-01

    This study attempts to empirically examine the dynamic causal relationships between carbon emissions, energy consumption, income, and foreign trade in the case of Turkey using the time-series data for the period 1960-2005. This research tests the interrelationship between the variables using the bounds testing to cointegration procedure. The bounds test results indicate that there exist two forms of long-run relationships between the variables. In the case of first form of long-run relationship, carbon emissions are determined by energy consumption, income and foreign trade. In the case of second long-run relationship, income is determined by carbon emissions, energy consumption and foreign trade. An augmented form of Granger causality analysis is conducted amongst the variables. The long-run relationship of CO 2 emissions, energy consumption, income and foreign trade equation is also checked for the parameter stability. The empirical results suggest that income is the most significant variable in explaining the carbon emissions in Turkey which is followed by energy consumption and foreign trade. Moreover, there exists a stable carbon emissions function. The results also provide important policy recommendations. (author)

  15. Act locally, trade globally. Emissions trading for climate policy

    Energy Technology Data Exchange (ETDEWEB)

    none

    2005-07-01

    Climate policy raises a number of challenges for the energy sector, the most significant being the transition from a high to a low-CO2 energy path in a few decades. Emissions trading has become the instrument of choice to help manage the cost of this transition, whether used at international or at domestic level. Act Locally, Trade Globally, offers an overview of existing trading systems, their mechanisms, and looks into the future of the instrument for limiting greenhouse gas emissions. Are current markets likely to be as efficient as the theory predicts? What is, if any, the role of governments in these markets? Can domestic emissions trading systems be broadened to activities other than large stationary energy uses? Can international emissions trading accommodate potentially diverse types of emissions targets and widely different energy realities across countries? Are there hurdles to linking emissions trading systems based on various design features? Can emissions trading carry the entire burden of climate policy, or will other policy instruments remain necessary? In answering these questions, Act Locally, Trade Globally seeks to provide a complete picture of the future role of emissions trading in climate policy and the energy sector.

  16. Emerging product carbon footprint standards and schemes and their possible trade impacts

    DEFF Research Database (Denmark)

    Bolwig, Simon; Gibbon, Peter

    footprints or procedures for certification or labelling. Nonetheless, to date only a few thousand products have been footprinted. As PCFs are already becoming market access requirements for bio-fuels imported to the EU, and may also become EU market access requirements for all mass-produced goods within 10......Concern over climate change has stimulated interest in estimating the total amount of greenhouse gasses produced during the life-cycle of goods and services - i.e. during their production, transportation, sale, use and disposal. The outcome of these calculations is referred to as "product carbon...... footprints" (PCFs). The paper reviews the rationale, context, coverage and characteristics of emerging standards and certification schemes that estimate and designate PCFs, and discusses the possible impacts on trade, particularly exports from distant and developing countries. It draws on a survey of PCF...

  17. Evaluation of the European Union-United States oil and petroleum-based fuels trade potential in the context of the negotiated TTIP agreement

    Directory of Open Access Journals (Sweden)

    Olkuski Tadeusz

    2017-01-01

    Full Text Available The article evaluates the European Union-United States oil and petroleum-based fuels trade potential. The planned trade structure and balance according to IEA (International Energy Agency and IHS (IHS CERA www.ihs.com scenarios, the projected volume of imports and exports, and differences in price levels and costs are presented. The projected potential of the trade volume, taking into account the possible impact of the Transatlantic Trade and Investment Partnership (TTIP, is also presented. The analysis has shown that the elimination of trade barriers between the European Union and the United States would be more beneficial to US refineries. Due to the higher import tariffs to the EU, the potential benefits of US exporters are higher than those of the EU exporters to the US. This confirms the fears of European negotiators that some aspects of the agreement will have a negative impact on European businesses. However, in the case of petroleum products the TTIP agreement will have a negligible impact on increasing the export volume.

  18. The potential of urban tree plantings to be cost effective in carbon credit markets

    Science.gov (United States)

    M.R. McHale; E.G. McPherson; I.C. Burke

    2007-01-01

    Emission trading is considered to be an economically sensitive method for reducing the concentrations of greenhouse gases, particularly carbon dioxide, in the atmosphere. There has been debate about the viability of using urban tree plantings in these markets. The main concern is whether or not urban planting projects can be cost effective options for investors. We...

  19. An Overview of Geologic Carbon Sequestration Potential in California

    Energy Technology Data Exchange (ETDEWEB)

    Cameron Downey; John Clinkenbeard

    2005-10-01

    As part of the West Coast Regional Carbon Sequestration Partnership (WESTCARB), the California Geological Survey (CGS) conducted an assessment of geologic carbon sequestration potential in California. An inventory of sedimentary basins was screened for preliminary suitability for carbon sequestration. Criteria included porous and permeable strata, seals, and depth sufficient for critical state carbon dioxide (CO{sub 2}) injection. Of 104 basins inventoried, 27 met the criteria for further assessment. Petrophysical and fluid data from oil and gas reservoirs was used to characterize both saline aquifers and hydrocarbon reservoirs. Where available, well log or geophysical information was used to prepare basin-wide maps showing depth-to-basement and gross sand distribution. California's Cenozoic marine basins were determined to possess the most potential for geologic sequestration. These basins contain thick sedimentary sections, multiple saline aquifers and oil and gas reservoirs, widespread shale seals, and significant petrophysical data from oil and gas operations. Potential sequestration areas include the San Joaquin, Sacramento, Ventura, Los Angeles, and Eel River basins, followed by the smaller Salinas, La Honda, Cuyama, Livermore, Orinda, and Sonoma marine basins. California's terrestrial basins are generally too shallow for carbon sequestration. However, the Salton Trough and several smaller basins may offer opportunities for localized carbon sequestration.

  20. Low-Carbon Economic Dispatching for Power Grid Integrated with Carbon Capture Power Plants and Wind Power System

    Directory of Open Access Journals (Sweden)

    Sheng Siqing

    2015-01-01

    Full Text Available Carbon emission characteristics of all kinds of power units are analyzed against the background of the low carbon economy. This paper introduces carbon trading in the dispatching model, gives full consideration to the benefit or cost of carbon emission and introduces carbon emission in the dispatching model as a decision variable so as to achieve the unity of the economy and the environmental protection of the dispatching model. A low carbon economic dispatching model is established based on multiple objectives, such as the lowest thermal power generation cost, the lowest carbon trading cost and the lowest carbon capture power plant operation cost. Load equalization, output constraint of power unit, ramping constraint, spinning reserve constraint and carbon capture efficiency constraint should be taken into account in terms of constraint conditions. The model is solved by the particle swarm optimization based on dynamic exchange and density distance. The fact that the introduction of carbon trading can effectively reduce the level of carbon emission and increase the acceptance level of wind power is highlighted through the comparison of the results of three models’ computational examples. With the carbon trading mechanism, carbon capture power plants with new technologies are able to give full play to the advantage of reducing carbon emission and wind curtailment so as to promote the development of the energy conservation and emission reduction technology and reduce the total cost of the dispatching system.

  1. International Emissions Trading and Induced Carbon-Saving Technical Change : Effects of Restricting the Trade in Carbon Rights

    OpenAIRE

    Matschoss, Patrick; Welsch, Heinz

    2004-01-01

    This paper examines the implications of restricting the tradability of carbon rights in the presence of induced technical change. Unlike earlier approaches aiming at exploring the tradability-technology linkage we focus on climate-relevant 'carbon-saving' technical change. This is achieved by incorporating endogenous investment in carbon productivity into the RICE-99 integrated assessment model of Nordhaus and Boyer (2000). Simulation analysis of various emission reduction scenarios with seve...

  2. Trade in health services.

    Science.gov (United States)

    Chanda, Rupa

    2002-01-01

    In light of the increasing globalization of the health sector, this article examines ways in which health services can be traded, using the mode-wise characterization of trade defined in the General Agreement on Trade in Services. The trade modes include cross- border delivery of health services via physical and electronic means, and cross-border movement of consumers, professionals, and capital. An examination of the positive and negative implications of trade in health services for equity, efficiency, quality, and access to health care indicates that health services trade has brought mixed benefits and that there is a clear role for policy measures to mitigate the adverse consequences and facilitate the gains. Some policy measures and priority areas for action are outlined, including steps to address the "brain drain"; increasing investment in the health sector and prioritizing this investment better; and promoting linkages between private and public health care services to ensure equity. Data collection, measures, and studies on health services trade all need to be improved, to assess better the magnitude and potential implications of this trade. In this context, the potential costs and benefits of trade in health services are shaped by the underlying structural conditions and existing regulatory, policy, and infrastructure in the health sector. Thus, appropriate policies and safeguard measures are required to take advantage of globalization in health services. PMID:11953795

  3. Impact of Different Carbon Policies on City Logistics Network

    Directory of Open Access Journals (Sweden)

    Yang Jianhua

    2015-01-01

    Full Text Available A programming model for a four-layer urban logistics distribution network is constructed and revised based on three types of carbon emissions policies such as Carbon tax, carbon emissions Cap, Carbon Trade. Effects of different policies on logistics costs and carbon emissions are analyzed based on a spatial Logistics Infrastructure layout of Beijing. Research findings are as follows: First, based on low-carbon policies, the logistics costs and carbon emissions can be changed by different modes of transport in a certain extent; second, only when carbon taxes and carbon trading prices are higher, carbon taxes and carbon trading policies can reduce carbon emissions while not significantly increase logistics costs at the same time, and more effectively achieve carbon reduction targets than use carbon cap policy.

  4. Where is the carbon? Carbon sequestration potential from private forestland in the Southern United States

    Science.gov (United States)

    Christopher S. Galik; Brian C. Murray; D. Evan Mercer

    2013-01-01

    Uncertainty surrounding the future supply of timber in the southern United States prompted the question, “Where is all the wood?” (Cubbage et al. 1995). We ask a similar question about the potential of southern forests to mitigate greenhouse gas (GHG) emissions by sequestering carbon. Because significant carbon sequestration potential occurs on individual nonindustrial...

  5. Assessing the potential for Gulf Coast NAFTA maritime trade corridors.

    Science.gov (United States)

    2015-12-01

    The North American Free Trade Agreement (NAFTA) was enacted in 1994 with the expressed intent of : reducing barriers to trade. Since that time, however, transborder congestion and delays between the United : States (US) and Mexico threaten achievemen...

  6. A modified GHG intensity indicator: Toward a sustainable global economy based on a carbon border tax and emissions trading

    International Nuclear Information System (INIS)

    Farrahi Moghaddam, Reza; Farrahi Moghaddam, Fereydoun; Cheriet, Mohamed

    2013-01-01

    It will be difficult to gain the agreement of all the actors on any proposal for climate change management, if universality and fairness are not considered. In this work, a universal measure of emissions to be applied at the international level is proposed, based on a modification of the Greenhouse Gas Intensity (GHG-INT) measure. It is hoped that the generality and low administrative cost of this measure, which we call the Modified Greenhouse Gas Intensity measure (MGHG-INT), will eliminate any need to classify nations. The core of the MGHG-INT is what we call the IHDI-adjusted Gross Domestic Product (IDHIGDP), based on the Inequality-adjusted Human Development Index (IHDI). The IDHIGDP makes it possible to propose universal measures, such as MGHG-INT. We also propose a carbon border tax applicable at national borders, based on MGHG-INT and IDHIGDP. This carbon tax is supported by a proposed global Emissions Trading System (ETS). The proposed carbon tax is analyzed in a short-term scenario, where it is shown that it can result in a significant reduction in global emissions while keeping the economy growing at a positive rate. In addition to annual GHG emissions, cumulative GHG emissions over two decades are considered with almost the same results. - Highlights: ► An IHDI-adjusted GDP (IHDIGDP) is introduced to universally account the activities of nations. ► A modified GHG emission intensity (MGHG-INT) is introduced based on the IHDIGDP. ► Based on green and red scenarios, admissible emissions and RED percentage are introduced. ► The RED percentage is used to define a border carbon tax (BCT) and emission trading system. ► The MGHG-INT can provide a universal control on emissions while allowing high economical growth

  7. SECTIONAL ANALYSIS OF POTENTIAL CONSUMERS OF RETAIL TRADING SERVICES OF POPULATION OF IZHEVSK

    Directory of Open Access Journals (Sweden)

    N.G. Sokolova

    2009-06-01

    Full Text Available Social trends and preferences of potential consumer of retail services when selling food products in Izhevsk, based on the data of marketing research are being studied. Sectional analysis for the given market is held. The trend of selected market section is described. The article contains the calculation of total market demand for retail trading services in Izhevsk for a moment in 2008.

  8. Carbon emissions and income inequality

    International Nuclear Information System (INIS)

    Ravallion, M.; Heil, M.; Jalan, J.

    2000-01-01

    We find that the distribution of income matters to aggregate carbon dioxide emissions and hence global warming. Higher inequality, both between and within countries is associated with lower carbon emissions at given average incomes. We also confirm that economic growth generally comes with higher emissions. Thus our results suggest that trade-offs exist between climate control (on the one hand) and both social equity and economic growth (on the other). However, economic growth improves the trade off with equity, and lower inequality improves the trade off with growth. By combining growth with equity, more pro-poor growth processes yield better longer-term trajectories of carbon emissions. (Author)

  9. Taphonomic trade-offs in tropical marine death assemblages: Differential time averaging, shell loss, and probable bias in siliciclastic vs. carbonate facies

    Science.gov (United States)

    Kidwell, Susan M.; Best, Mairi M. R.; Kaufman, Darrell S.

    2005-09-01

    Radiocarbon-calibrated amino-acid racemization ages of individually dated bivalve mollusk shells from Caribbean reef, nonreefal carbonate, and siliciclastic sediments in Panama indicate that siliciclastic sands and muds contain significantly older shells (median 375 yr, range up to ˜5400 yr) than nearby carbonate seafloors (median 72 yr, range up to ˜2900 yr; maximum shell ages differ significantly at p < 0.02 using extreme-value statistics). The implied difference in shell loss rates is contrary to physicochemical expectations but is consistent with observed differences in shell condition (greater bioerosion and dissolution in carbonates). Higher rates of shell loss in carbonate sediments should lead to greater compositional bias in surviving skeletal material, resulting in taphonomic trade-offs: less time averaging but probably higher taxonomic bias in pure carbonate sediments, and lower bias but greater time averaging in siliciclastic sediments from humid-weathered accretionary arc terrains, which are a widespread setting of tropical sedimentation.

  10. Global climate regulation and border adjustment mechanisms: the case of carbon importers inclusion in the european trading scheme

    International Nuclear Information System (INIS)

    2008-06-01

    The creation of an inclusion mechanism applied to imports whose production process increases significantly the global climate risk is looked upon as a solution to a collective-action problem. Such a mechanism would provide those States that will sign the next United Nations Convention on Climate Change with a potential remedy if and when gaps between quantified objects, to which all are committed, entail significant competition distortions. Whether this mechanism assumes the form of an external carbon tax or consists in including importers in the European system of CO 2 quota exchanges, it would surely respond to the re-distributive need generated by global warming, provided that the proceeds are used to help bring industrial production in developing countries up to standard. These restrictive measures aimed at preserving the planet are probably compatible with the extraordinary regimes applied by the WTO, which already uses exogenous non-trade norms to arbitrate conflicts. This would validate further the legitimacy of authority transfers onto the WTO, whose scope of legal authority increases constantly, along with that of conflicts that stem from collective preferences. (author)

  11. Microbial potential for carbon and nutrient cycling in a geogenic supercritical carbon dioxide reservoir.

    Science.gov (United States)

    Freedman, Adam J E; Tan, BoonFei; Thompson, Janelle R

    2017-06-01

    Microorganisms catalyze carbon cycling and biogeochemical reactions in the deep subsurface and thus may be expected to influence the fate of injected supercritical (sc) CO 2 following geological carbon sequestration (GCS). We hypothesized that natural subsurface scCO 2 reservoirs, which serve as analogs for the long-term fate of sequestered scCO 2 , harbor a 'deep carbonated biosphere' with carbon cycling potential. We sampled subsurface fluids from scCO 2 -water separators at a natural scCO 2 reservoir at McElmo Dome, Colorado for analysis of 16S rRNA gene diversity and metagenome content. Sequence annotations indicated dominance of Sulfurospirillum, Rhizobium, Desulfovibrio and four members of the Clostridiales family. Genomes extracted from metagenomes using homology and compositional approaches revealed diverse mechanisms for growth and nutrient cycling, including pathways for CO 2 and N 2 fixation, anaerobic respiration, sulfur oxidation, fermentation and potential for metabolic syntrophy. Differences in biogeochemical potential between two production well communities were consistent with differences in fluid chemical profiles, suggesting a potential link between microbial activity and geochemistry. The existence of a microbial ecosystem associated with the McElmo Dome scCO 2 reservoir indicates that potential impacts of the deep biosphere on CO 2 fate and transport should be taken into consideration as a component of GCS planning and modelling. © 2017 The Authors. Environmental Microbiology published by Society for Applied Microbiology and John Wiley & Sons Ltd.

  12. Reduced carbon sequestration potential of biochar in acidic soil.

    Science.gov (United States)

    Sheng, Yaqi; Zhan, Yu; Zhu, Lizhong

    2016-12-01

    Biochar application in soil has been proposed as a promising method for carbon sequestration. While factors affecting its carbon sequestration potential have been widely investigated, the number of studies on the effect of soil pH is limited. To investigate the carbon sequestration potential of biochar across a series of soil pH levels, the total carbon emission, CO 2 release from inorganic carbon, and phospholipid fatty acids (PLFAs) of six soils with various pH levels were compared after the addition of straw biochar produced at different pyrolysis temperatures. The results show that the acidic soils released more CO 2 (1.5-3.5 times higher than the control) after the application of biochar compared with neutral and alkaline soils. The degradation of both native soil organic carbon (SOC) and biochar were accelerated. More inorganic CO 2 release in acidic soil contributed to the increased degradation of biochar. Higher proportion of gram-positive bacteria in acidic soil (25%-36%) was responsible for the enhanced biochar degradation and simultaneously co-metabolism of SOC. In addition, lower substrate limitation for bacteria, indicated by higher C-O stretching after the biochar application in the acidic soil, also caused more CO 2 release. In addition to the soil pH, other factors such as clay contents and experimental duration also affected the phsico-chemical and biotic processes of SOC dynamics. Gram-negative/gram-positive bacteria ratio was found to be negatively related to priming effects, and suggested to serve as an indicator for priming effect. In general, the carbon sequestration potential of rice-straw biochar in soil reduced along with the decrease of soil pH especially in a short-term. Given wide spread of acidic soils in China, carbon sequestration potential of biochar may be overestimated without taking into account the impact of soil pH. Copyright © 2016 Elsevier B.V. All rights reserved.

  13. Evaluation of policy options to reform the EU Emissions Trading System. Effects on carbon price, emissions and the economy

    Energy Technology Data Exchange (ETDEWEB)

    Verdonk, M.; Brink, C.; Vollebergh, H.; Roelfsema, M.

    2013-04-15

    The EU Emissions Trading System (EU ETS) is a key instrument of EU climate policy, providing a clear reduction pathway for CO2 emissions. The current carbon price (of about 3 euros per tonne of CO2, April 2013) is much lower than previously expected (which was around 30 euros) and is likely to remain low for a long time. This fuels doubts about whether the ETS will remain a key policy instrument in the long term. Such doubts also increase investment uncertainty, which is likely to have a negative impact on further investments in low-carbon technologies needed for a low-carbon economy in 2050. In November 2012, the European Commission put forward six options for a more structural reform of the EU ETS. The proposed options vary from reducing the cap and expanding the ETS to include other sectors, to strengthening the ETS by measures directly affecting allowance prices. The Dutch Ministry of Infrastructure and the Environment (IenM) asked the PBL Netherlands Environmental Assessment Agency to assess the impact of these options. Four categories of options for reforming the ETS were evaluated: (1) reducing the supply of emission allowances; (2) expanding the ETS by including other sectors; (3) a minimum price for auctioned allowances; and (4) combining ETS with a carbon tax. Recently, the European Parliament voted against the European Commission's proposal to temporarily set aside emission allowances. In an earlier assessment of this proposal, PBL concluded that the impact of this backloading proposal on CO2 prices is likely to be limited, because the total amount of allowances up to 2020 would remain unchanged. All options analysed would reduce emissions and cause the emission price to increase. A minimum price on carbon, however, would provide the best opportunity to make the ETS more robust against unforeseen events, such as a further deterioration of the economy. Such a minimum price would result in more emission reductions if abatement proves to be cheaper

  14. Examining drivers of the emissions embodied in trade.

    Directory of Open Access Journals (Sweden)

    Leying Wu

    Full Text Available Emissions embodied in provincial trade (EEPT have important effects on provinces' responsibilities for carbon emission reductions. Based on a multi-regional input-output model, we calculated EEPT for China's 30 provinces in 2002, 2007 and 2010, and we attempted to determine the drivers of EEPT. The results showed that, during this period, the ratio of EEPT to production-based emissions increased over time, reaching 40.24% in 2010. In consideration of its important role in carbon emissions, we analyzed the factors attributable to EEPT through structure decomposition analysis. The decomposition results showed that final demand and carbon emission intensity were two major factors in EEPT, while the final demand in other provinces and the carbon emission intensity in the local province were major factors for Emissions embodied in provincial exports and the final demand in the local province and the carbon emission intensity in other provinces were major factors for Emissions embodied in provincial imports. Regarding the differences among the EEPT of different provinces, changes in the structure of trade were the primary reason.

  15. Five essays on emissions trading

    Energy Technology Data Exchange (ETDEWEB)

    Godal, Odd

    2005-03-01

    The thesis discusses energy, environmental and economic aspects of polluting emissions with emphasis on greenhouse gas trade and political measures. 5 papers are included with titles: 1) Carbon trading across sources and periods constrained by the Marrakesh Accords which examines examine the potential effects on permit prices and abatement costs of four compliance rules governing emissions trade across sources and periods in the Kyoto Protocol: The banking rule that allows excess permits to be used later; the restoration rate rule that penalizes borrowing; the commitment period reserve rule that limits sales; and finally, the suspension rule that restricts borrowing and sales. Our framework is a two-period model where parties may be out of compliance in the Kyoto period, but are assumed to comply at a later time. Under varying assumptions about market power and US participation, we find that the rules may have pronounced effects on individual costs, but overall efficiency is not severely affected. 2) Affine price expectations and equilibrium in strategic markets which considers equilibrium in imperfect markets, featuring agents who exchange property rights. Important cases include trade in emission permits of greenhouse gases, or exchange of catch quotas of fish. Some players act strategically while others are price-takers. The ''demand curve'' is endogenous, and it affects all parties. The resulting, reduced objectives need not be concave. Therefore, existence of equilibrium is a delicate matter. To simplify things, and to ensure availability of ''equilibria up to first order'', we presume that all strategic agents form affine price expectations. 3) Greenhouse gases, quota exchange and oligopolistic competition that discusses the problem how quotas can be shared in the ''emissions market'' and how can the agents reach as overall equilibrium in the product market. 4) Strategic markets in property rights

  16. Five essays on emissions trading

    Energy Technology Data Exchange (ETDEWEB)

    Godal, Odd

    2005-03-01

    The thesis discusses energy, environmental and economic aspects of polluting emissions with emphasis on greenhouse gas trade and political measures. 5 papers are included with titles: 1) Carbon trading across sources and periods constrained by the Marrakesh Accords which examines examine the potential effects on permit prices and abatement costs of four compliance rules governing emissions trade across sources and periods in the Kyoto Protocol: The banking rule that allows excess permits to be used later; the restoration rate rule that penalizes borrowing; the commitment period reserve rule that limits sales; and finally, the suspension rule that restricts borrowing and sales. Our framework is a two-period model where parties may be out of compliance in the Kyoto period, but are assumed to comply at a later time. Under varying assumptions about market power and US participation, we find that the rules may have pronounced effects on individual costs, but overall efficiency is not severely affected. 2) Affine price expectations and equilibrium in strategic markets which considers equilibrium in imperfect markets, featuring agents who exchange property rights. Important cases include trade in emission permits of greenhouse gases, or exchange of catch quotas of fish. Some players act strategically while others are price-takers. The ''demand curve'' is endogenous, and it affects all parties. The resulting, reduced objectives need not be concave. Therefore, existence of equilibrium is a delicate matter. To simplify things, and to ensure availability of ''equilibria up to first order'', we presume that all strategic agents form affine price expectations. 3) Greenhouse gases, quota exchange and oligopolistic competition that discusses the problem how quotas can be shared in the ''emissions market'' and how can the agents reach as overall equilibrium in the product market. 4) Strategic markets in property rights without price-takers that deals with Cournot-type models of

  17. Emission trading: A discussion paper

    International Nuclear Information System (INIS)

    1992-05-01

    Emission trading is a market-based incentive program designed to control air emissions in which a cap is placed on the total quantity of pollutants allowed to be emitted in an airshed. Appropriate shares of this amount are allocated among participating emission sources, and participants can buy or sell their shares. Advantages of emission trading include its potential to achieve air emission targets at a lower cost than the traditional command and control approach, and its ability to accommodate economic growth without compromising environmental quality. A study was conducted to evaluate the potential use of emission trading programs to achieve emission reduction goals set for nitrogen oxides, volatile organic compounds (VOC), and sulfur oxides. Emission trading programs in the USA are reviewed and a set of factors important for the success of emission trading are identified. Key policy and design issues related to an emission trading program are identified, explained, and discussed. Administrative issues are then analyzed, such as legislative authority, monitoring and enforcement requirements, and trading between jurisdictions. A preliminary assessment of emission trading for control of NOx and VOC in the Lower Fraser Valley indicates that emission trading would be feasible, but legislative authority to implement such a program would have to be introduced

  18. Dousing our inflammatory environment(s): is personal carbon trading an option for reducing obesity--and climate change?

    Science.gov (United States)

    Egger, G

    2008-09-01

    Obesity and climate change are two problems currently challenging humanity. Although apparently unrelated, an epidemiological approach to both shows a similar environmental aetiology, based in modern human lifestyles and their driving economic forces. One way of analysing this is through inflammation (defined as '. . . a disturbance of function following insult or injury') of both the internal (biological) and external (ecological) environments. Chronic, low-grade, systemic inflammation has recently been shown to accompany obesity, as well as a range of biological pathologies associated with obesity (diabetes, heart disease, some cancers, etc.). This is influenced by the body's inability to soak up excess glucose as a result of insulin resistance. In a broader sense, inflammation is a metaphor for ecological 'pathologies', manifest particularly in unnatural disturbances like climate change, ocean acidity, rising temperatures and species extinction, associated with the inability of the world's environmental 'sinks' to soak up carbon dioxide ('carbon resistance'?). The use of such a metaphorical analysis opens the possibilities for dealing with two interdisciplinary problems simultaneously. Strategies for managing climate change, including personal carbon trading, could provide a 'stealth intervention' for reducing population levels of obesity by increasing personal energy expenditure and decreasing energy-dense food intake, as well as reducing the carbon emissions causing climate change.

  19. Implications of the New Regional Trade Agreements for the World Trading System

    Directory of Open Access Journals (Sweden)

    Agnes Ghibuțiu

    2017-04-01

    Full Text Available The year 2013 witnessed an outstanding rise in the pace and scale of negotiations on regional trade agreements (RTAs. While RTAs are not a new phenomenon, current negotiations involve multiple parties and/or major trading countries that have a significant combined economic weight, i.e. mega-RTAs. This paper looks at the recent surge in trade regionalism and addresses some of the key issues related to the potential impact of mega-RTAs upon the world trading system and global trade patterns. It examines the peculiarities of the new mega-RTAs and the factors underlying their proliferation, and discusses the main concerns raised by their foreseeable impact on excluded countries and the wider trading system. The paper finds that, if successfully concluded, mega-RTAs are likely to have far-reaching implications for the world trading regime, affecting its transparency and coherence. Nevertheless, the adverse effects could be cushioned through a revival of trading nations’ interest in the multilateral Doha Round talks.

  20. Emissions trading and the negotiation of pollution credits

    Energy Technology Data Exchange (ETDEWEB)

    Black A.J.

    2000-07-01

    A new market is emerging based on greenhouse gas emissions and the trading of pollution credits. While the structure of the primary market is being planned, many businesses are already positioning themselves in the nascent secondary market. This trend is based on corporate 'realpolitik' a recognition that tougher environmental regulation is inevitable. But the development of an emissions trading regime is lagging behind commercial reality. This article examines the state of play in the development of a market for carbon emissions trading.

  1. [Research on carbon reduction potential of electric vehicles for low-carbon transportation and its influencing factors].

    Science.gov (United States)

    Shi, Xiao-Qing; Li, Xiao-Nuo; Yang, Jian-Xin

    2013-01-01

    Transportation is the key industry of urban energy consumption and carbon emissions. The transformation of conventional gasoline vehicles to new energy vehicles is an important initiative to realize the goal of developing low-carbon city through energy saving and emissions reduction, while electric vehicles (EV) will play an important role in this transition due to their advantage in energy saving and lower carbon emissions. After reviewing the existing researches on energy saving and emissions reduction of electric vehicles, this paper analyzed the factors affecting carbon emissions reduction. Combining with electric vehicles promotion program in Beijing, the paper analyzed carbon emissions and reduction potential of electric vehicles in six scenarios using the optimized energy consumption related carbon emissions model from the perspective of fuel life cycle. The scenarios included power energy structure, fuel type (energy consumption per 100 km), car type (CO2 emission factor of fuel), urban traffic conditions (speed), coal-power technologies and battery type (weight, energy efficiency). The results showed that the optimized model was able to estimate carbon emissions caused by fuel consumption more reasonably; electric vehicles had an obvious restrictive carbon reduction potential with the fluctuation of 57%-81.2% in the analysis of six influencing factors, while power energy structure and coal-power technologies play decisive roles in life-cycle carbon emissions of electric vehicles with the reduction potential of 78.1% and 81.2%, respectively. Finally, some optimized measures were proposed to reduce transport energy consumption and carbon emissions during electric vehicles promotion including improving energy structure and coal technology, popularizing energy saving technologies and electric vehicles, accelerating the battery R&D and so on. The research provides scientific basis and methods for the policy development for the transition of new energy vehicles

  2. Guidance to regulations on trade with emission permits for carbon dioxide; Vaegledning till lagstiftning om handel med utslaeppsraetter foer koldioxid

    Energy Technology Data Exchange (ETDEWEB)

    2008-07-15

    This guidance is intended to facilitate application of the rules on emissions trading. The guidance is principally concerned with issues relating to permit appraisal and monitoring, but also discusses some terms common to permits and allocations, such as installation and operator. The guidance follows the same structure as the Swedish Environmental Protection Agency regulations (NFS 2007:5) in order to provide direct support for the rules. The focus is on providing a general description of the responsibilities of the operator and application of the rules. In addition, some difficult terms and relationships are explained. However, no exhaustive description of the operator's responsibilities is given, nor are the rules on verification described. We therefore recommend that the guidance should be read in conjunction with the Trading Act, the Trading Ordinance and the Swedish Environmental Protection Agency regulations. The first chapter presents a brief description of the purpose of the trading scheme, and is followed by a chapter in which the rules on applying for permits and the application procedure are reviewed. The next chapter gives a description of how the operator should monitor emissions and how the rules for the monitoring plan work, as well as the options that exist for simplified monitoring. The next chapter looks at notifications the operator might have to make and what they should contain. Guidance is also provided on how the county administrative board should process these notifications. The conditions of the permit decision are also briefly described. This is followed by a short chapter on the emissions report and the materiality threshold. The final chapter comments on certain parts of the annexes to the regulations. The EU Emissions Trading Directive has been implemented in Sweden through the Emissions Trading Act (2004:1199) (the Trading Act), the Emissions Trading Ordinance (2004:1205), the Swedish Environmental Protection Agency regulations

  3. Rents in the European power sector due to carbon trading

    International Nuclear Information System (INIS)

    Keppler, Jan Horst; Cruciani, Michel

    2010-01-01

    The European Union Emissions Trading Scheme (EU ETS) has imposed a price on the allowances for CO 2 emissions of electricity companies. Integrating this allowance price into the price of electricity earns a rent for companies who have received these allowances for free. During Phase I, 2005-2007, rents corresponding to the aggregate value of allocated allowances amounted to roughly EUR 13 billion per year. However, due to the specific price-setting mechanism in electricity markets true rents were considerably higher. This is due to the fact that companies also that have not received any allowances gain additional infra-marginal rents to the extent that their variable costs are below the new market price after inclusion of the allowance price. Producers with low carbon emissions and low marginal costs thus also benefit substantially from carbon pricing. This paper develops a methodology to determine the specific interaction of the imposition of such a CO 2 constraint and the price-setting mechanism in the electricity sector under the assumption of marginal cost pricing in a liberalized European electricity market. The article thus provides an empirical estimate of the true total rents of power producers during Phase I of the EU-ETS (2005-2007). The EU ETS generated in Phase I additional rents in excess of EUR 19 billion per year for electricity producers. These transfers are distributed very unevenly between different electricity producers. In a second step, the paper assesses the impact of switching from free allocation to an auctioning of allowances in 2013. We show that such a switch to auctioning will continue to create additional infra-marginal rents for certain producers and will leave the electricity sector as a whole better off than before the introduction of the EU ETS. (author)

  4. Climate Change and the Trading System: After Doha and Doha

    Directory of Open Access Journals (Sweden)

    Dan Ciuriak

    2013-11-01

    cost while foreign actors, without similar environmental commitments, take advantage of the attendant economic benefits. There is also the real possibility that some governments may disguise anti-trade motives by cloaking them under the cover of environmental policy. These conflicts need not happen and, if we are committed to slowing climate change, it cannot be allowed to happen. The global trading community must find ways to exempt domestic climate change policies from traditional tariff and trade commitments, while also guarding against the potential abuse of that exemption. One possibility is exempting from tariff restrictions “border carbon adjustments” (BCAs, which apply varying tariffs to goods moving across borders based on the carbon emitted across the supply chain. The corporate sector’s increasing sophistication in quantifying supply-chain emissions, as part of corporate competitive efforts, makes BCAs more feasible for governments to implement. And there is already some evidence to suggest that BCAs can be accommodated within the current WTO rules, although some bending of the rules may be required. Still, the climate change threat is grave and urgent. If ever there was a reason to bend global trade rules, accommodating earnest climate-change-mitigation efforts is arguably the best one yet.

  5. Trapped between two tails: trading off scientific uncertainties via climate targets

    International Nuclear Information System (INIS)

    Lemoine, Derek; McJeon, Haewon C

    2013-01-01

    Climate change policies must trade off uncertainties about future warming, about the social and ecological impacts of warming, and about the cost of reducing greenhouse gas emissions. We show that laxer carbon targets produce broader distributions for climate damages, skewed towards severe outcomes. However, if potential low-carbon technologies fill overlapping niches, then more stringent carbon targets produce broader distributions for the cost of reducing emissions, skewed towards high-cost outcomes. We use the technology-rich GCAM integrated assessment model to assess the robustness of 450 and 500 ppm carbon targets to each uncertain factor. The 500 ppm target provides net benefits across a broad range of futures. The 450 ppm target provides net benefits only when impacts are greater than conventionally assumed, when multiple technological breakthroughs lower the cost of abatement, or when evaluated with a low discount rate. Policy evaluations are more sensitive to uncertainty about abatement technology and impacts than to uncertainty about warming. (letter)

  6. Trapped between two tails: trading off scientific uncertainties via climate targets

    Science.gov (United States)

    Lemoine, Derek; McJeon, Haewon C.

    2013-09-01

    Climate change policies must trade off uncertainties about future warming, about the social and ecological impacts of warming, and about the cost of reducing greenhouse gas emissions. We show that laxer carbon targets produce broader distributions for climate damages, skewed towards severe outcomes. However, if potential low-carbon technologies fill overlapping niches, then more stringent carbon targets produce broader distributions for the cost of reducing emissions, skewed towards high-cost outcomes. We use the technology-rich GCAM integrated assessment model to assess the robustness of 450 and 500 ppm carbon targets to each uncertain factor. The 500 ppm target provides net benefits across a broad range of futures. The 450 ppm target provides net benefits only when impacts are greater than conventionally assumed, when multiple technological breakthroughs lower the cost of abatement, or when evaluated with a low discount rate. Policy evaluations are more sensitive to uncertainty about abatement technology and impacts than to uncertainty about warming.

  7. The Economic Implications of Introducing Carbon Taxes in South Africa

    DEFF Research Database (Denmark)

    Arndt, Thomas Channing

    2014-01-01

    carbon adjustments. Results indicate that a phased-in carbon tax of US$30 per ton of CO2 can achieve national emissions reductions targets set for 2025. Relative to a baseline with free disposal of CO2, constant world prices and no change in trading partner behavior, the preferred tax scenario reduces......South Africa is considering introducing a carbon tax to reduce greenhouse gas emissions. Following a discussion of the motivations for considering a carbon tax, we evaluate potential impacts using a dynamic economywide model linked to an energy sector model including a detailed evaluation of border...

  8. Trading coalbed methane for carbon dioxide

    International Nuclear Information System (INIS)

    Greenberger, L.S.

    1991-01-01

    This article discusses a proposal for reducing methane emissions in coal mining activities and at the same time reducing the burden on utilities to cut carbon dioxide emissions. Emission credits would be issued to mines that recover the methane for use. These credits could then be bought by utilities and exchanged for the right to emit carbon dioxide

  9. Glass pipette-carbon fiber microelectrodes for evoked potential recordings

    Directory of Open Access Journals (Sweden)

    Moraes M.F.D.

    1997-01-01

    Full Text Available Current methods for recording field potentials with tungsten electrodes make it virtually impossible to use the same recording electrode also as a lesioning electrode, for example for histological confirmation of the recorded site, because the lesioning procedure usually wears off the tungsten tip. Therefore, the electrode would have to be replaced after each lesioning procedure, which is a very high cost solution to the problem. We present here a low cost, easy to make, high quality glass pipette-carbon fiber microelectrode that shows resistive, signal/noise and electrochemical coupling advantages over tungsten electrodes. Also, currently used carbon fiber microelectrodes often show problems with electrical continuity, especially regarding electrochemical applications using a carbon-powder/resin mixture, with consequent low performance, besides the inconvenience of handling such a mixture. We propose here a new method for manufacturing glass pipette-carbon fiber microelectrodes with several advantages when recording intracerebral field potentials

  10. Stochastic Pricing and Order Model with Transportation Mode Selection for Low-Carbon Retailers

    Directory of Open Access Journals (Sweden)

    Yi Zheng

    2016-01-01

    Full Text Available More and more enterprises have begun to pay attention to their carbon footprint in the supply chain, of which transportation has become the second major source of carbon emissions. This paper aims to study both optimum pricing and order quantities, considering consumer demand and the selection of transportation modes by retailers, in terms of carbon emissions sensitivity and price sensitivity under the conditions of a cap-and-trade policy and uncertain market demand. Firstly, we analyze the effects of transportation mode (including transportation costs and transportation-induced carbon emissions, initial emissions allowances, carbon emissions trading price and consumer sensitivity to carbon emissions on the optimum decisions and profits of retailers. The results demonstrate that when consumers are less sensitive to price, the optimum retail price and the optimum order quantity of products are proportional to the transportation cost and transportation-induced carbon emissions of retailers per unit product, the carbon emissions trading price as well as consumer sensitivity to carbon emissions. However, when consumers are highly sensitive to price, the optimum order quantity of products is inversely proportional to the transportation costs and transportation-induced carbon emissions of retailers per unit product, the carbon emissions trading price and consumer sensitivity to carbon emissions. In addition, the optimum retail price of products is inversely proportional to consumer sensitivity to carbon emissions. We also find that retailers prefer a low-carbon transportation mode when the carbon emissions trading price is high. Meanwhile, the carbon emissions trading price influences the carbon emissions trading volume of retailers. These theoretical findings are further validated by some numerical analysis.

  11. Stumbling Forward on Trade: The Doha Round, Free Trade Agreements, and Canada

    OpenAIRE

    Matthew B. Adler

    2008-01-01

    Before continuing a headlong rush to form free trade agreements with partners around the globe, Ottawa should pause to consider the effects of a web of FTAs. Matthew B. Adler argues that FTAs tend to interfere with multilateral trade negotiations, which potentially would deliver broader benefits.

  12. CO2 uptake potential due to concrete carbonation: A case study

    Directory of Open Access Journals (Sweden)

    Edna Possan

    2017-06-01

    Full Text Available The cement manufacturing process accounts for about 5% CO2 (carbon dioxide released into the atmosphere. However, during its life cycle, concrete may capture CO2 through carbonation, in order to, partially, offset the impact of its production. Thus, this paper aims at studying the CO2 uptake potential of the Itaipu Dam due to concrete carbonation of such material. So, 155 cores were extracted from the concrete dam in different points to measure carbonation depth. In order to evaluate its influence on carbonation, the measurement of internal moisture distribution in concrete was also carried out. The results have shown that carbonation takes part of the whole dam area, indicating CO2 uptake potential. Up to the present moment, 13,384 tons of CO2 have been absorbed by concrete carbonation of the Itaipu Dam.

  13. Greenhouse gas emissions trading: Cogen case studies in the early trading market

    International Nuclear Information System (INIS)

    Buerer, Mary Jean

    2001-01-01

    An increasing number of companies are interested in opportunities to trade their reduction in greenhouse gas emissions from cogeneration on the emerging greenhouse gas emissions market. Only the UK and Denmark currently have emissions trading schemes, but they are under development in other European countries. Two frameworks currently exist for trading. Baseline-and-credit trading is used in Canada where companies can take part in two voluntary schemes (Greenhouse Gas Emission Reduction Trading Pilot or Clean Air Canada Inc). An example project from the CHP unit at DuPont's Maitland chemical production facility is given, with details of the baselines and calculations used. The other option is company-wide emissions trading. The example given here features the CHP units at BP's refinery and chemicals operations in Texas. The potential revenue from emission reduction projects could help to boost the economics of cogeneration projects

  14. The potential impact of the World Trade Organization's general agreement on trade in services on health system reform and regulation in the United States.

    Science.gov (United States)

    Skala, Nicholas

    2009-01-01

    The collapse of the World Trade Organization's (WTO) Doha Round of talks without achieving new health services liberalization presents an important opportunity to evaluate the wisdom of granting further concessions to international investors in the health sector. The continuing deterioration of the U.S. health system and the primacy of reform as an issue in the 2008 presidential campaign make clear the need for a full range of policy options for addressing the national health crisis. Yet few commentators or policymakers realize that existing WTO health care commitments may already significantly constrain domestic policy options. This article illustrates these constraints through an evaluation of the potential effects of current WTO law and jurisprudence on the implementation of a single-payer national health insurance system in the United States, proposed incremental national and state health system reforms, the privatization of Medicare, and other prominent health system issues. The author concludes with some recommendations to the U.S. Trade Representative to suspend existing liberalization commitments in the health sector and to interpret current and future international trade treaties in a manner consistent with civilized notions of health care as a universal human right.

  15. Income-environment relationship in Sub-Saharan African countries: Further evidence with trade openness.

    Science.gov (United States)

    Zerbo, Eléazar

    2017-07-01

    This paper examines the dynamic relationship between energy consumption, income growth, carbon emissions and trade openness in fourteen Sub-Saharan African (SSA) countries. The autoregressive distributed lag (ARDL) approach to cointegration and the Toda-Yamamoto causality test were used to investigate the long-run and short-run properties, respectively. The long-run estimations give evidence against the environmental Kuznets curve (EKC) hypothesis in SSA countries. In contrast, the results highlight the significant and monotonically contribution of income growth and energy consumption in explaining carbon emissions in the long-run and short-run in several countries. Furthermore, the results show that trade openness enhances economic growth and is not linked to causing carbon emissions in these countries. Hence, a trade incentive policy may be implemented without harmful effect on the quality of the environment.

  16. Trade potential and conservation issues of medicinal plants in district Swat, Pakistan

    International Nuclear Information System (INIS)

    Ali, H.; Ahmad, H.; Yousif, M.

    2012-01-01

    Use of medicinal plants for various health disorders is a common practice especially in rural areas. Poor economic condition and lack of modern health care facilities in remote areas are the major reasons for adopting traditional medicine. Mingora is considered as the main center of trade of medicinal plants not only of Swat but of the entire Hindu Kush-Himalayan Region of Pakistan. The city was analyzed for the trade potential of local medicinal plants. The present study reported trade and marketing profile of 99 species collected locally and sold in the national and international markets. A total of 99 taxa were collected belonging to 55 families and 80 genera. Helvellaceae was at the top among the largest families with 9 taxa, followed by Asteraceae and Solanacea with 8 and 6 taxa respectively. Among the life form Chamaephyte was at the top with 27 taxa (27.27%), followed by Hemicryptophyte, Phanerophyte, Therophyte, Geophyte and Parasite with 25 (25.25%), 24 (24.24%), 17 (20.20%), 2 (2.02%) and 1 taxa (1.01%), respectively. Market analysis revealed that annual production and its share to the market was 8.056 and 6.644 million kg during the years 2004-2005 and 2005-2006 whereas, it gave rise to the circulation of Rs. 4475.00 and Rs. 5084.70 millions, respectively. Thus quantity traded decreased due to the unsustainable collection in the wild, while amount circulated increased due to rise in price kg/sup -1/ as a result of increased demand from the national and international market. According to an estimate approximately 99,840 individuals (i.e. 8% of the total population of Swat) are associated with the collection or trade of these important medicinal plants in the valley. The study also revealed that availability of medicinal plants decreased day by day and this process is continued for the last two decades. According to local elders, most of the medicinal plants reported were abundant in the vicinities some 20 years back. However, their population was

  17. Inferring Trade Direction from Intraday Data.

    OpenAIRE

    Lee, Charles M C; Ready, Mark J

    1991-01-01

    This paper evaluates alternative methods for classifying individual trades as market buy or market sell orders using intraday trade and quote data. The authors document two potential problems with quote-based methods of trade classification: quotes may be recorded ahead of trades that triggered them, and trades inside the spread are not readily classifiable. These problems are analyzed in the context of the interaction between exchange floor agents. The authors then propose and test relativel...

  18. Trade-offs between ecosystem services and alternative pathways toward sustainability in a tropical dry forest region

    Directory of Open Access Journals (Sweden)

    Francisco Mora

    2016-12-01

    Full Text Available The design of strategies aimed at sustainable resource management requires an understanding of the trade-offs between the ecosystem services at stake, to determine appropriate ways in which to navigate them. We assess trade-offs between forage production for cattle ranching and the maintenance of carbon stocks or tree diversity in a Mexican tropical dry forest. Trade-offs between pairs of services were assessed by identifying their efficiency frontiers at both site and landscape scales. We also estimated service outcomes under current and hypothetical land-management conditions. We found stark trade-offs between fodder and carbon stocks and between fodder and tree species richness at the site scale. At the landscape scale, the efficiency frontier was concave, with a much less pronounced trade-off in the fodder-species richness case. Our estimates of current service supply levels showed a reduction of 18-21% for C stock and 41-43% for fodder biomass, relative to the maximum feasible values along the efficiency frontier. Choice of the optimum management strategy to reduce such inefficiency depended on deforestation level: secondary forest regeneration was most suitable when deforestation is low, whereas increased fodder productivity in the pastures is best when deforestation is high. Pasture enrichment with forage trees and secondary forest growth are potential management alternatives for achieving sustainability given the range of enabling ecological factors and to balance ecological and social sustainability given the requirements and preferences of local stakeholders. Given that analogous trade-offs are found across the tropics, this work contributes to reconciling tropical forest maintenance and its use for sustainable rural livelihoods.

  19. Game theoretic analysis for carbon emission permits trading among multiple world regions with an optimizing global energy model; Saitekikagata sekai energy model ni motozuku tachiikikan CO2 haishutsu kyokasho torihiki no game ronteki bunseki

    Energy Technology Data Exchange (ETDEWEB)

    Akimoto, K.; Matsunaga, A.; Fujii, Y. [Yokohama National University, Yokohama (Japan); Yamaji, K. [The University of Tokyo, Tokyo (Japan)

    1998-10-01

    Carbon emissions which would cause global warming were agreed to be constrained at COP3 in Kyoto. In addition, carton emission permits trading was also approved to be introduced. The emission permits trading is expected to achieve efficient carbon emission reduction, equalizing the marginal costs of the emission reduction for the participating countries. In other words, the permits trading allows participants to reduce emissions where it is least expensive to do so. However, the inadequate introduction of the trading systems may impose unfairly greater burden on some countries, and therefore careful evaluation of the system would be indispensable for its implementation. In this paper, we attempt to analyze the emission permits trading. using the theory of cooperative games with a global energy model of optimization type. We assumed that seven world regions as players participate the permits trading system under the condition of the emission reduction target presented at COP3 and so on, and show the nucleolus of the grand coalition games, and the computational results of primary energy supplies and CO2 shadow prices. The insights of this research indicate that in order to stabilize the grand coalition, a noticeable amount of additional transfer of money would be needed besides the payments associated with the emission permits trading. 10 refs., 7 figs., 5 tabs.

  20. Biofuels from pyrolysis in perspective: trade-offs between energy yields and soil-carbon additions.

    Science.gov (United States)

    Woolf, Dominic; Lehmann, Johannes; Fisher, Elizabeth M; Angenent, Largus T

    2014-06-03

    Coproduction of biofuels with biochar (the carbon-rich solid formed during biomass pyrolysis) can provide carbon-negative bioenergy if the biochar is sequestered in soil, where it can improve fertility and thus simultaneously address issues of food security, soil degradation, energy production, and climate change. However, increasing biochar production entails a reduction in bioenergy obtainable per unit biomass feedstock. Quantification of this trade-off for specific biochar-biofuel pathways has been hampered by lack of an accurate-yet-simple model for predicting yields, product compositions, and energy balances from biomass slow pyrolysis. An empirical model of biomass slow pyrolysis was developed and applied to several pathways for biochar coproduction with gaseous and liquid biofuels. Here, we show that biochar production reduces liquid biofuel yield by at least 21 GJ Mg(-1) C (biofuel energy sacrificed per unit mass of biochar C), with methanol synthesis giving this lowest energy penalty. For gaseous-biofuel production, the minimum energy penalty for biochar production is 33 GJ Mg(-1) C. These substitution rates correspond to a wide range of Pareto-optimal system configurations, implying considerable latitude to choose pyrolysis conditions to optimize for desired biochar properties or to modulate energy versus biochar yields in response to fluctuating price differentials for the two commodities.

  1. Potential remobilization of belowground permafrost carbon under future global warming

    Science.gov (United States)

    P. Kuhry; E. Dorrepaal; G. Hugelius; E.A.G. Schuur; C. Tarnocai

    2010-01-01

    Research on permafrost carbon has dramatically increased in the past few years. A new estimate of 1672 Pg C of belowground organic carbon in the northern circumpolar permafrost region more than doubles the previous value and highlights the potential role of permafrost carbon in the Earth System. Uncertainties in this new estimate remain due to relatively few available...

  2. Opportunities and trade-offs of biomass based negative emissions within planetary boundaries

    Science.gov (United States)

    Heck, Vera; Gerten, Dieter; Lucht, Wolfgang

    2017-04-01

    The Paris Agreement requires "a balance between anthropogenic emissions by sources and removals by sinks of greenhouse gases in the second half of the century" (UNFCCC, 2015). Without a full decarbonization of the energy and land use sector until the second half of this century, negative emission technologies (NETs) are required to achieve net zero greenhouse gas emissions. Integrated assessment studies indicate that bioenergy with carbon capture and storage (BECCS), a land based NET, has the potential to contribute substantially to balancing anthropogenic fossil fuel emissions. However, significant negative emission potentials from BECCS require substantial biomass potentials, which can only be achieved by intensively managed (fertilized and irrigated) large-scale biomass plantations. Additional to direct trade-offs of land and water availability, the implementation of large-scale biomass plantations implies major restructuring of the land surface on top of existing land use and would be accompanied by indirect trade-offs such as changes in moisture and energy fluxes. In the context of the planetary boundaries framework as proposed by Rockström et al. (2009), BECCS might contribute to reduce the transgression of the planetary boundary (PB) for climate change, but would most likely steer the Earth system closer to the PB for freshwater use and lead to further transgression of the PBs for land system change, biosphere integrity and biogeochemical flows. This presentation will investigate the opportunities of second generation biomass potentials within the safe operating space for humanity and highlight the multidimensional trade-offs between biomass potentials for BECCS in relation to the PBs. Scenarios of land availability for biomass plantations and land based carbon sequestration were developed with a spatially explicit multi-criterial optimization framework, considering the precautionary need to stay within the safe operating space vis-à-vis the need to

  3. An Integrated Carbon Policy-Based Interactive Strategy for Carbon Reduction and Economic Development in a Construction Material Supply Chain

    Directory of Open Access Journals (Sweden)

    Liming Zhang

    2017-11-01

    Full Text Available Carbon emissions from the construction material industry have become of increasing concern due to increasingly urbanization and extensive infrastructure. Faced with serious atmospheric deterioration, governments have been seeking to reduce carbon emissions, with carbon trading and carbon taxes being considered the most effective regulatory policies. Over time, there has been a global consensus that integrated carbon trading/carbon tax policies are more effective in reducing carbon emissions. However, in an integrated carbon reduction policy framework, balancing the relationship between emission reductions and low-carbon benefits has been found to be a critical issue for governments and enterprises in both theoretical research and carbon emission reduction practices. As few papers have sought to address these issues, this paper seeks to reach a trade-off between economic development and environmental protection involving various stakeholders: regional governments which aim to maximize social benefits, and producers who seek economic profit maximization. An iterative interactive algorithmic method with fuzzy random variables (FRVs is proposed to determine the satisfactory equilibrium between these decision-makers. This methodology is then applied to a real-world case to demonstrate its practicality and efficiency.

  4. 76 FR 58774 - Trade Mission to Southeast Asia in Conjunction With Trade Winds-Asia

    Science.gov (United States)

    2011-09-22

    ... trade mission stop in either: Malaysia (Kuala Lumpur) or Indonesia (Jakarta). Each trade mission stop... cross section of industries with growth potential in Singapore, Vietnam, Thailand, Malaysia and... equipment, safety and security equipment, automotive parts and service equipment, and logistics and...

  5. The Lifestyle Carbon Dividend: Assessment of the Carbon Sequestration Potential of Grasslands and Pasturelands Reverted to Native Forests

    Science.gov (United States)

    Rao, S.; Jain, A. K.; Shu, S.

    2015-12-01

    What is the potential of a global transition to a vegan lifestyle to sequester carbon and mitigate climate change? To answer this question, we use an Earth System Model (ESM), the Integrated Science Assessment Model (ISAM). ISAM is a fully coupled biogeochemistry (carbon and nitrogen cycles) and biogeophysics (hydrology and thermal energy) ESM, which calculates carbon sources and sinks due to land cover and land use change activities, such as reforestation and afforestation. We calculate the carbon sequestration potential of grasslands and pasturelands that can be reverted to native forests as 265 GtC on 1.96E+7 km2 of land area, just 41% of the total area of such lands on Earth. The grasslands and pasturelands are assumed to revert back to native forests which existed prior to any human intervention and these include tropical, temperate and boreal forests. The results are validated with above ground regrowth measurements. Since this carbon sequestration potential is greater than the 240 GtC of that has been added to the atmosphere since the industrial era began, it shows that such global lifestyle transitions have tremendous potential to mitigate and even reverse climate change.

  6. Scoping study on SADC energy sector carbon market potential; SADC = Southern African Development Community

    Energy Technology Data Exchange (ETDEWEB)

    2010-10-22

    This study shows that, while there is a certain degree of institutional and project development capacity in the region and significant Clean Development Mechanism (CDM) potential, very little of this potential is currently being tapped. National institutional structures are mostly very new, understaffed, and working in isolation from each other. There are ongoing national CDM capacity building programmes in several SADC countries that will address barriers and develop projects at a national level, but there are also regional opportunities that these programmes will not address. For some of large scale project opportunities such as landfill gas, industrial energy use, fugitive emission and transport, a national approach is required because these projects depend on local industrial base, regulatory environment, and are also large enough that the carbon revenue can cover the transaction costs. There are a few key areas that should be addressed, however, at a regional level: Energy trade and power development: any low carbon power projects that are developed to serve regional energy needs and displace coal fired power can only receive carbon credits if the baseline is a regional power grid rather than just a national grid. This is also true for large scale energy efficiency projects in countries that have only hydropower - these would not receive any carbon credits unless there is justification for a regional grid definition that includes fossil fuel fired power stations.Small scale projects: While the total potential for small scale renewables may not be large in terms of tonnes of CO{sub 2} mitigated, the local development impacts of distributed renewable energy and energy efficiency projects are very large. For these projects to be implemented at a large enough scale to recoup the transaction costs of project development, a regional approach is critical. The CDM 'Programme of Activities' (PoA) approach is ideally suited for such regional small scale energy

  7. Potential Transportation Impacts of Expanded U.S.-Cuba Trade, Final Report

    Science.gov (United States)

    2018-02-02

    Before 1960, the United States and Cuba were major trading partners. At that time, Cuba was the seventh largest export market for U.S. products. In the years since then, U.S. trade with Cuba has been highly regulated. Exports have been mostly prohibi...

  8. Impact of Asymmetric Carbon Information on Supply Chain Decisions under Low-Carbon Policies

    Directory of Open Access Journals (Sweden)

    Lei Yang

    2016-01-01

    Full Text Available Through the establishment of the leading manufacturer Stackelberg game model under asymmetric carbon information, this paper investigates the misreporting behaviors of the supply chain members and their influences on supply chain performance. Based on “Benchmarking” allocation mechanism, three policies are considered: carbon emission trading, carbon tax, and a new policy which combined carbon quota and carbon tax mechanism. The results show that, in the three models, the leader in the supply chain, even if he has advantages of carbon information, will not lie about his information. That is because the manufacturer’s misreporting behavior has no effect on supply chain members’ performance. But the retailer will lie about the information when he has carbon information advantage. The high-carbon-emission retailers under the carbon trading policy, all the retailers under the carbon tax policy, and the high-carbon-emission retailers under combined quotas and tax policy would like to understate their carbon emissions. Coordination of revenue sharing contract is studied in supply chain to induce the retailer to declare his real carbon information. Optimal contractual parameters are deduced in the three models, under which the profit of the supply chain can be maximized.

  9. [Emissions trading potential : achieving emission reductions in a cost-effective manner

    International Nuclear Information System (INIS)

    Fay, K.

    1998-01-01

    The issue of emissions trading as a viable tool to reduce greenhouse gas emissions by developed countries was discussed. The essence of this author's argument was that emissions trading alone will not solve the climate change problem and that the details of the program are hazy at best. In order to have any hope of meeting the emission reductions, it is essential to begin working out the details now, and to coordinate them with the Clean Development Mechanism (CDM) and Joint Implementation (JI) plan since all three of these flexibility mechanisms will be working in and among themselves, therefore they need to be consistent. Work on a general set of draft principles by the International Climate Change Partnership (ICCP), a coalition headquartered in Washington, DC, was summarized. Essentially, ICCP favors voluntary programs, incentives for participation, no quantitative limits on trading, no limits on sources and sinks. ICCP believes that trading should be allowed at the company level, and liability should not devolve on the buyer alone, rather, it should be negotiated between buyers and sellers. Credits for early action should also be tradable and most of all, the trading program should be simple to allow active participation by industry, and be free of bureaucratic impediments

  10. Potential reduction of carbon emissions from Crude Palm Oil production based on energy and carbon balances

    International Nuclear Information System (INIS)

    Patthanaissaranukool, Withida; Polprasert, Chongchin; Englande, Andrew J.

    2013-01-01

    Highlights: ► We evaluate energy and carbon equivalence from CPO production based on a CBM. ► Energy spent and produced via carbon movement from palm oil mill was determined. ► Scenarios were formulated to evaluate the potential reduction of carbon emission. ► Utilization of biomass from palm oil mill shows the high potential of C-reduction. -- Abstract: This study aimed to evaluate energy and carbon equivalences (CE) associated with palm oil milling and to evaluate sustainability alternatives for energy consumption. Appropriate ways to reduce carbon emissions were also evaluated. A field survey was carried out to quantify the input and output of energy and materials following the conceptual framework of a carbon-balanced model (CBM), which exclude other non-CO 2 greenhouse gases. Survey results indicate that the electrical energy consumption for daily mill start-up averaged 18.7 ± 5.4 kWh/ton Fresh Fruit Bunches (FFBs). This energy is equivalent to 114.4 ± 33.2 kWh/ton Crude Palm Oil (CPO) which was found to be offset by that generated in the mills using palm fiber as a solid fuel. Currently, organic residues contained in the wastewater are anaerobically converted to methane. The methane is used as fuel to generate electricity and sold to an outside grid network at a generation rate of 8.1 ± 2.1 kWh/ton FFB. Based on the CBM approach, carbon emissions observed from the use of fossil energy in palm oil milling were very small; however, total carbon emission from oil palm plantation and palm oil milling were found to be 12.3 kg CE/ton FFB, resulting in the net carbon reduction in CPO production of 2.8 kg CE/ton FFB or 53.7 kg CE/ha-y. Overall, the sum of C-reduction was found 1.2 times greater than that of C-emission. This figure can be increased up to 5.5, if all biomass by-products are used as fuel to generate electricity only. The full potential for carbon reduction from palm oil milling is estimated at 0.94 kW of electric power for every hectare of

  11. Estimating the National Carbon Abatement Potential of City Policies: A Data- Driven Approach

    Energy Technology Data Exchange (ETDEWEB)

    Eric O’Shaughnessy, Jenny Heeter, David Keyser, Pieter Gagnon, and Alexandra Aznar

    2016-10-01

    Cities are increasingly taking actions such as building code enforcement, urban planning, and public transit expansion to reduce emissions of carbon dioxide in their communities and municipal operations. However, many cities lack the quantitative information needed to estimate policy impacts and prioritize city actions in terms of carbon abatement potential and cost effectiveness. This report fills this research gap by providing methodologies to assess the carbon abatement potential of a variety of city actions. The methodologies are applied to an energy use data set of 23,458 cities compiled for the U.S. Department of Energy’s City Energy Profile tool. The analysis estimates the national carbon abatement potential of the most commonly implemented actions in six specific policy areas. The results of this analysis suggest that, in aggregate, cities could reduce nationwide carbon emissions by about 210 million metric tons of carbon dioxide (MMT CO2) per year in a "moderate abatement scenario" by 2035 and 480 MMT CO2/year in a "high abatement scenario" by 2035 through these common actions typically within a city’s control in the six policy areas. The aggregate carbon abatement potential of these specific areas equates to a reduction of 3%-7% relative to 2013 U.S. emissions. At the city level, the results suggest the average city could reduce carbon emissions by 7% (moderate) to 19% (high) relative to current city-level emissions. City carbon abatement potential is sensitive to national and state policies that affect the carbon intensity of electricity and transportation. Specifically, the U.S. Clean Power Plan and further renewable energy cost reductions could reduce city carbon emissions overall, helping cities achieve their carbon reduction goals.

  12. Potential greenhouse gas benefits of transatlantic wood pellet trade

    International Nuclear Information System (INIS)

    Dwivedi, Puneet; Khanna, Madhu; Bailis, Robert; Ghilardi, Adrian

    2014-01-01

    Power utility companies in the United Kingdom are using imported wood pellets from the southern region of the United States for electricity generation to meet the legally binding mandate of sourcing 15% of the nation’s total energy consumption from renewable sources by 2020. This study ascertains relative savings in greenhouse gas (GHG) emissions for a unit of electricity generated using imported wood pellet in the United Kingdom under 930 different scenarios: three woody feedstocks (logging residues, pulpwood, and logging residues and pulpwood combined), two forest management choices (intensive and non-intensive), 31 plantation rotation ages (year 10 to year 40 in steps of 1 year), and five power plant capacities (20–100 MW in steps of 20 MW). Relative savings in GHG emissions with respect to a unit of electricity derived from fossil fuels in the United Kingdom range between 50% and 68% depending upon the capacity of power plant and rotation age. Relative savings in GHG emissions increase with higher power plant capacity. GHG emissions related to wood pellet production and transatlantic shipment of wood pellets typically contribute about 48% and 31% of total GHG emissions, respectively. Overall, use of imported wood pellets for electricity generation could help in reducing the United Kingdom’s GHG emissions. We suggest that future research be directed to evaluation of the impacts of additional forest management practices, changing climate, and soil carbon on the overall savings in GHG emissions related to transatlantic wood pellet trade. (paper)

  13. Measuring Urban Carbon Footprint from Carbon Flows in the Global Supply Chain.

    Science.gov (United States)

    Hu, Yuanchao; Lin, Jianyi; Cui, Shenghui; Khanna, Nina Zheng

    2016-06-21

    A global multiregional input-output (MRIO) model was built for eight Chinese cities to track their carbon flows. For in-depth understanding of urban carbon footprint from the perspectives of production, consumption, and trade balance, four kinds of footprints and four redefined measurement indicators were calculated. From the global supply chain, urban carbon inflows from Mainland China were larger than outflows, while the carbon outflows to European, principal North American countries and East Asia were much larger than inflows. With the rapid urbanization of China, Construction was the largest consumer and Utilities was the largest producer. Cities with higher consumption (such as Dalian, Tianjin, Shanghai, and Beijing) should change their consumption patterns, while cities with lower production efficiency (such as Dalian, Shanghai, Ningbo, and Chongqing) should improve their technology. The cities of net carbon consumption tended to transfer carbon emissions out of them by trading in carbon-intensive products, while the cities of net carbon production tended to produce carbon-intensive products for nonlocal consumers. Our results indicated that urban carbon abatement requires not only rational consumption and industrial symbiosis at the city level, but also tighter collaboration along all stages of the global supply chain.

  14. Permit trading and credit trading

    DEFF Research Database (Denmark)

    Boom, Jan-Tjeerd; R. Dijstra, Bouwe

    This paper compares emissions trading based on a cap on total emissions (permit trading) and on relative standards per unit of output (credit trading). Two types of market structure are considered: perfect competition and Cournot oligopoly. We find that output, abatement costs and the number...... of firms are higher under credit trading. Allowing trade between permit-trading and credit-trading sectors may increase in welfare. With perfect competition, permit trading always leads to higher welfare than credit trading. With imperfect competition, credit trading may outperform permit trading....... Environmental policy can lead to exit, but also to entry of firms. Entry and exit have a profound impact on the performance of the schemes, especially under imperfect competition. We find that it may be impossible to implement certain levels of total industry emissions. Under credit trading several levels...

  15. Is trade openness good for environment in South Korea? The role of non-fossil electricity consumption.

    Science.gov (United States)

    Zhang, Shun

    2018-04-01

    The paper investigates the linkage of carbon dioxide (CO 2 ) emissions, per capita real output, share of non-fossil electricity consumption, and trade openness in South Korea from 1971 to 2013. The empirical results indicate that the environmental Kuznets curve (EKC) is supported by autoregressive distributed lag (ARDL) test. Both short- and long-run estimates indicate that increasing non-fossil electricity consumption can mitigate environmental degradation, and increasing trade aggravates carbon dioxide emissions. By Granger causality, long-run causalities are found in both equations of CO 2 emissions and trade openness, as well as exports and imports. In the short-run, evidence indicates feedback linkage between output and trade, unidirectional linkages from trade to emissions, from emissions to output, and from output to non-fossil electricity use. Therefore, South Korea should strengthen the sustainable economy, consume clean energy, and develop green trade.

  16. Emission reduction trading - a power marketer`s perspective

    Energy Technology Data Exchange (ETDEWEB)

    Stewart, M. [Powerex Inc., Vancouver, BC (Canada)

    1999-10-01

    The current situation , and the short-term and long-term outlook in emission reduction trading are reviewed from the point of view of a power marketer. The author`s view is that while the concept of emission reduction credit (ERC) is easy enough to understand, i.e. a series of measures to reduce carbon dioxide production and enhance carbon sequestration, there is no standard definition, although there are a number of models under consideration. What is being sought is clear ownership and title, a clear understanding of what qualifies as a credit, credit for early action, commodity specifications and the ability to hedge. The author predicts that in the short-tem, industry will experiment with different types of transactions to gain experience and seek partners who are willing to share risk and development cost. In the longer-term, emission reduction credits will be bought and sold as commodities and traded, swapped or exchanged as part of a portfolio in bilateral trade transactions, and used in hedging against future liabilities.

  17. China's international trade and air pollution: 2000 - 2009

    Science.gov (United States)

    Ni, Ruijing; Lin, Jintai; Pan, Da; Wang, Jingxu; Yan, Yingying; Zhang, Qiang

    2016-04-01

    As the world's top trading country, China is now the most polluted country. However, a large portion of pollution produced in China is associated with its production of goods for foreign consumption via international trade. Along with China's rapid economic growth in recent years, its economic-trade structure and volume has been changing all the time, resulting in large changes in total emissions and the shares of trade-related emissions. Here, we assess the influence of China's changing total and export-related emissions between 2000 and 2009 on its atmospheric pollution loadings and transport, by exploiting simulations of a global chemical transport model GEOS-Chem. We find that both air pollution related to Chinese exports (PRE) which including nitrogen oxides (NOx), sulfur dioxide (SO2), carbon monoxide (CO), black carbon (BC), and primary organic aerosol (POA), and its share in total Chinese pollution have experienced continuous rapid growth until 2007, exposing more and more people to severely polluted air. After 2007, PRE decreases due to strengthened emission controls accompanied by declined exports as a result of the global financial crisis. Although production for exports contribute less than 35% SO2 over China in any year, the increasing trend of trade-related SO2 contributes 51% of integral trend. The changing PRE of China also affects its downwind regions such as the western United States. The contribution of export-related Chinese pollution to surface sulfate concentrations over the western United States has increased from 3% in 2000 to 12% in 2007. Overall, we find that the interannual variation of trade and associated production is a critical factor driving the trend of pollution over China and its downwind regions.

  18. An index-based approach to assessing recalcitrance and soil carbon sequestration potential of engineered black carbons (biochars).

    Science.gov (United States)

    Harvey, Omar R; Kuo, Li-Jung; Zimmerman, Andrew R; Louchouarn, Patrick; Amonette, James E; Herbert, Bruce E

    2012-02-07

    The ability of engineered black carbons (or biochars) to resist abiotic and, or biotic degradation (herein referred to as recalcitrance) is crucial to their successful deployment as a soil carbon sequestration strategy. A new recalcitrance index, the R(50), for assessing biochar quality for carbon sequestration is proposed. The R(50) is based on the relative thermal stability of a given biochar to that of graphite and was developed and evaluated with a variety of biochars (n = 59), and soot-like black carbons. Comparison of R(50), with biochar physicochemical properties and biochar-C mineralization revealed the existence of a quantifiable relationship between R(50) and biochar recalcitrance. As presented here, the R(50) is immediately applicable to pre-land application screening of biochars into Class A (R(50) ≥ 0.70), Class B (0.50 ≤ R(50) carbon sequestration classes. Class A and Class C biochars would have carbon sequestration potential comparable to soot/graphite and uncharred plant biomass, respectively, whereas Class B biochars would have intermediate carbon sequestration potential. We believe that the coupling of the R(50), to an index-based degradation, and an economic model could provide a suitable framework in which to comprehensively assess soil carbon sequestration in biochars.

  19. Carbon dioxide removal and the futures market

    Science.gov (United States)

    Coffman, D.'Maris; Lockley, Andrew

    2017-01-01

    Futures contracts are exchange-traded financial instruments that enable parties to fix a price in advance, for later performance on a contract. Forward contracts also entail future settlement, but they are traded directly between two parties. Futures and forwards are used in commodities trading, as producers seek financial security when planning production. We discuss the potential use of futures contracts in Carbon Dioxide Removal (CDR) markets; concluding that they have one principal advantage (near-term price security to current polluters), and one principal disadvantage (a combination of high price volatility and high trade volume means contracts issued by the private sector may cause systemic economic risk). Accordingly, we note the potential for the development of futures markets in CDR, but urge caution about the prospects for market failure. In particular, we consider the use of regulated markets: to ensure contracts are more reliable, and that moral hazard is minimised. While regulation offers increased assurances, we identify major insufficiencies with this approach—finding it generally inadequate. In conclusion, we suggest that only governments can realistically support long-term CDR futures markets. We note existing long-term CDR plans by governments, and suggest the use of state-backed futures for supporting these assurances.

  20. Carbon sequestration potential of second-growth forest regeneration in the Latin American tropics.

    Science.gov (United States)

    Chazdon, Robin L; Broadbent, Eben N; Rozendaal, Danaë M A; Bongers, Frans; Zambrano, Angélica María Almeyda; Aide, T Mitchell; Balvanera, Patricia; Becknell, Justin M; Boukili, Vanessa; Brancalion, Pedro H S; Craven, Dylan; Almeida-Cortez, Jarcilene S; Cabral, George A L; de Jong, Ben; Denslow, Julie S; Dent, Daisy H; DeWalt, Saara J; Dupuy, Juan M; Durán, Sandra M; Espírito-Santo, Mario M; Fandino, María C; César, Ricardo G; Hall, Jefferson S; Hernández-Stefanoni, José Luis; Jakovac, Catarina C; Junqueira, André B; Kennard, Deborah; Letcher, Susan G; Lohbeck, Madelon; Martínez-Ramos, Miguel; Massoca, Paulo; Meave, Jorge A; Mesquita, Rita; Mora, Francisco; Muñoz, Rodrigo; Muscarella, Robert; Nunes, Yule R F; Ochoa-Gaona, Susana; Orihuela-Belmonte, Edith; Peña-Claros, Marielos; Pérez-García, Eduardo A; Piotto, Daniel; Powers, Jennifer S; Rodríguez-Velazquez, Jorge; Romero-Pérez, Isabel Eunice; Ruíz, Jorge; Saldarriaga, Juan G; Sanchez-Azofeifa, Arturo; Schwartz, Naomi B; Steininger, Marc K; Swenson, Nathan G; Uriarte, Maria; van Breugel, Michiel; van der Wal, Hans; Veloso, Maria D M; Vester, Hans; Vieira, Ima Celia G; Bentos, Tony Vizcarra; Williamson, G Bruce; Poorter, Lourens

    2016-05-01

    Regrowth of tropical secondary forests following complete or nearly complete removal of forest vegetation actively stores carbon in aboveground biomass, partially counterbalancing carbon emissions from deforestation, forest degradation, burning of fossil fuels, and other anthropogenic sources. We estimate the age and spatial extent of lowland second-growth forests in the Latin American tropics and model their potential aboveground carbon accumulation over four decades. Our model shows that, in 2008, second-growth forests (1 to 60 years old) covered 2.4 million km(2) of land (28.1% of the total study area). Over 40 years, these lands can potentially accumulate a total aboveground carbon stock of 8.48 Pg C (petagrams of carbon) in aboveground biomass via low-cost natural regeneration or assisted regeneration, corresponding to a total CO2 sequestration of 31.09 Pg CO2. This total is equivalent to carbon emissions from fossil fuel use and industrial processes in all of Latin America and the Caribbean from 1993 to 2014. Ten countries account for 95% of this carbon storage potential, led by Brazil, Colombia, Mexico, and Venezuela. We model future land-use scenarios to guide national carbon mitigation policies. Permitting natural regeneration on 40% of lowland pastures potentially stores an additional 2.0 Pg C over 40 years. Our study provides information and maps to guide national-level forest-based carbon mitigation plans on the basis of estimated rates of natural regeneration and pasture abandonment. Coupled with avoided deforestation and sustainable forest management, natural regeneration of second-growth forests provides a low-cost mechanism that yields a high carbon sequestration potential with multiple benefits for biodiversity and ecosystem services.

  1. Carbon sequestration potential of second-growth forest regeneration in the Latin American tropics

    Science.gov (United States)

    Chazdon, Robin L.; Broadbent, Eben N.; Rozendaal, Danaë M. A.; Bongers, Frans; Zambrano, Angélica María Almeyda; Aide, T. Mitchell; Balvanera, Patricia; Becknell, Justin M.; Boukili, Vanessa; Brancalion, Pedro H. S.; Craven, Dylan; Almeida-Cortez, Jarcilene S.; Cabral, George A. L.; de Jong, Ben; Denslow, Julie S.; Dent, Daisy H.; DeWalt, Saara J.; Dupuy, Juan M.; Durán, Sandra M.; Espírito-Santo, Mario M.; Fandino, María C.; César, Ricardo G.; Hall, Jefferson S.; Hernández-Stefanoni, José Luis; Jakovac, Catarina C.; Junqueira, André B.; Kennard, Deborah; Letcher, Susan G.; Lohbeck, Madelon; Martínez-Ramos, Miguel; Massoca, Paulo; Meave, Jorge A.; Mesquita, Rita; Mora, Francisco; Muñoz, Rodrigo; Muscarella, Robert; Nunes, Yule R. F.; Ochoa-Gaona, Susana; Orihuela-Belmonte, Edith; Peña-Claros, Marielos; Pérez-García, Eduardo A.; Piotto, Daniel; Powers, Jennifer S.; Rodríguez-Velazquez, Jorge; Romero-Pérez, Isabel Eunice; Ruíz, Jorge; Saldarriaga, Juan G.; Sanchez-Azofeifa, Arturo; Schwartz, Naomi B.; Steininger, Marc K.; Swenson, Nathan G.; Uriarte, Maria; van Breugel, Michiel; van der Wal, Hans; Veloso, Maria D. M.; Vester, Hans; Vieira, Ima Celia G.; Bentos, Tony Vizcarra; Williamson, G. Bruce; Poorter, Lourens

    2016-01-01

    Regrowth of tropical secondary forests following complete or nearly complete removal of forest vegetation actively stores carbon in aboveground biomass, partially counterbalancing carbon emissions from deforestation, forest degradation, burning of fossil fuels, and other anthropogenic sources. We estimate the age and spatial extent of lowland second-growth forests in the Latin American tropics and model their potential aboveground carbon accumulation over four decades. Our model shows that, in 2008, second-growth forests (1 to 60 years old) covered 2.4 million km2 of land (28.1% of the total study area). Over 40 years, these lands can potentially accumulate a total aboveground carbon stock of 8.48 Pg C (petagrams of carbon) in aboveground biomass via low-cost natural regeneration or assisted regeneration, corresponding to a total CO2 sequestration of 31.09 Pg CO2. This total is equivalent to carbon emissions from fossil fuel use and industrial processes in all of Latin America and the Caribbean from 1993 to 2014. Ten countries account for 95% of this carbon storage potential, led by Brazil, Colombia, Mexico, and Venezuela. We model future land-use scenarios to guide national carbon mitigation policies. Permitting natural regeneration on 40% of lowland pastures potentially stores an additional 2.0 Pg C over 40 years. Our study provides information and maps to guide national-level forest-based carbon mitigation plans on the basis of estimated rates of natural regeneration and pasture abandonment. Coupled with avoided deforestation and sustainable forest management, natural regeneration of second-growth forests provides a low-cost mechanism that yields a high carbon sequestration potential with multiple benefits for biodiversity and ecosystem services. PMID:27386528

  2. Trade-offs between ecosystem services. Water and carbon in a biodiversity hotspot

    Energy Technology Data Exchange (ETDEWEB)

    Chisholm, Ryan A. [Department of Ecology and Evolutionary Biology, Princeton University, NJ (United States)

    2010-08-15

    Carbon sequestration by afforestation can help mitigate global climate change but may have adverse environmental and economic impacts in some regions. For example, economic incentives for carbon sequestration may encourage the expansion of Pinus radiata timber plantations in the Fynbos biome of South Africa, with negative consequences for water supply and biodiversity. I built a dynamic ecological-economic model to investigate whether afforestation of a Fynbos catchment with Pinus radiata is economically viable when the potential benefits of carbon sequestration and timber production are balanced against the losses to water supply. I found that afforestation appears viable to the forestry industry under current water tariffs and current carbon accounting legislation, but would appear unviable if the forestry industry were to pay the true cost of water used by the plantations. I also found that under various plausible future economic scenarios, afforestation can be associated with either large future economic gains or losses, suggesting a need for future analyses based on branches of decision theory that deal with severe uncertainty. I conclude with a general recommendation that climate legislation should be explicit about the conditions under which afforestation for carbon sequestration of native vegetation is a legitimate climate mitigation strategy. (author)

  3. The Doha Trade Round and Mozambique

    OpenAIRE

    Arndt, Channing

    2005-01-01

    This paper considers the potential implications of the Doha Development Agenda, as well as other trade liberalization scenarios, for Mozambique. An applied general equilibrium model, which accounts for high marketing margins and home consumption in the Mozambique economy, is linked to results from the GTAP model of global trade. In addition, a microsimulation module is used to consider the subsequent implications of trade liberalization for poverty. The implications of trade liberalization, p...

  4. Analyses of CO2 emissions embodied in Japan-China trade

    International Nuclear Information System (INIS)

    Liu Xianbing; Ishikawa, Masanobu; Wang Can; Dong Yanli; Liu Wenling

    2010-01-01

    This paper examines CO 2 emissions embodied in Japan-China trade. Besides directly quantifying the flow of CO 2 emissions between the two countries by using a traditional input-output (IO) model, this study also estimates the effect of bilateral trade to CO 2 emissions by scenario analysis. The time series of quantifications indicate that CO 2 emissions embodied in exported goods from Japan to China increased overall from 1990 to 2000. The exported CO 2 emissions from China to Japan greatly increased in the first half of the 1990s. However, by 2000, the amount of emissions had reduced from 1995 levels. Regardless, there was a net export of CO 2 emissions from China to Japan during 1990-2000. The scenario comparison shows that the bilateral trade has helped the reduction of CO 2 emissions. On average, the Chinese economy was confirmed to be much more carbon-intensive than Japan. The regression analysis shows a significant but not perfect correlation between the carbon intensities at the sector level of the two countries. In terms of CO 2 emission reduction opportunities, most sectors of Chinese industry could benefit from learning Japanese technologies that produce lower carbon intensities.

  5. Carbon potential measurement on the Mo-MoC0.47 system by methane - hydrogen equilibration

    International Nuclear Information System (INIS)

    Ananthasivan, K.; Kaliappan, I.; Chandramouli, V.; Anthonysamy, S.; Vasudeva Rao, P.R.; Mathews, C.K.

    1993-01-01

    Uranium plutonium mixed carbides are potential candidate fuel materials for liquid metal cooled fast breeder reactors. The carbon potential of the fuel is an important thermochemical property which strongly influences the carbon transport between the clad and the fuel. The carbon potential of the fuel is altered during irradiation of the fuel in the reactor. This is due to the formation of various fission products and their binary and ternary carbides. Molybdenum is a fission product with a high yield which can alter the carbon potential of the fuel. The present work forms part of our studies on the carbon potential measurements in the U - Mo - C ternary system. The carbon potential of the Mo-Mo 2 C couple measured by the methane hydrogen gas equilibration technique is presented here and the results are compared with the values cited in the literature. (author)

  6. Mixed Carbon Policies Based on Cooperation of Carbon Emission Reduction in Supply Chain

    Directory of Open Access Journals (Sweden)

    Yongwei Cheng

    2017-01-01

    Full Text Available This paper established cooperation decision model for a mixed carbon policy of carbon trading-carbon tax (environmental tax in a two-stage S-M supply chain. For three different cooperative abatement situations, we considered the supplier driven model, the manufacturer driven model, and the equilibrium game model. We investigated the influence of mixed carbon policy with constraint of reduction targets on supply chain price, productivity, profits, carbon emissions reduction rate, and so on. The results showed that (1 high-strength carbon policies do not necessarily encourage enterprises to effectively reduce emissions, and increasing market acceptance of low carbon products or raising the price of carbon quota can promote the benign reduction; (2 perfect competitive carbon market has a higher carbon reduction efficiency than oligarch carbon market, but their optimal level of cooperation is the same and the realized reduction rate is in line with the intensity of carbon policy; (3 the policy sensitivity of the carbon trading mechanism is stronger than the carbon tax; “paid quota mechanism” can subsidize the cost of abatement and improve reduction initiative. Finally, we use a numerical example to solve the optimal decisions under different market situations, validating the effectiveness of model and the conclusions.

  7. Carbon pricing and the competitiveness of nuclear power

    International Nuclear Information System (INIS)

    Keppler, J.H.; Marcantonini, C.

    2011-01-01

    A recent NEA study entitled Carbon Pricing, Power Markets and the Competitiveness of Nuclear Energy assesses the competitiveness of nuclear power against coal- and gas-fired power generation in liberalised electricity markets with either CO 2 trading or carbon taxes. It uses daily price data for electricity, gas, coal and carbon from 2005 to 2010, which encompasses the first years of the European Emissions Trading System (EU ETS), the world's foremost carbon trading framework. The study shows that even with modest carbon pricing, competition for new investment in electricity markets will take place between nuclear energy and gas-fired power generation, with coal-fired power struggling to be profitable. The data and analyses contained in the study provide a robust framework for assessing cost and investment issues in liberalised electricity markets with carbon pricing, even in the post-Fukushima context. A summary of the publication main elements is provided in this paper

  8. Powernext Carbon rises in power

    International Nuclear Information System (INIS)

    Conil-Lacoste, J.F.

    2007-01-01

    Powernext Carbon, the French CO 2 stock exchange, allows industrialists to trade CO 2 emission quotas. Those who have exhausted their allocated quotas can purchase new ones to other industrialists who have emitted less CO 2 than expected. Thanks to Powernext Carbon, the 'polluter pays principle' finally finds a concrete implementation. This article is an interview of J.F. Conil-Lacoste, general director of Powernext, who clarifies some points of the carbon trading system: lessons learnt after 18 months of activity of Powernext Carbon, measures to be implemented to encourage the development of Powernext Carbon, changes made in the 2008-2012 quotas allocation plan of the French government, mechanism of credits for emissions abatement and their role in CO 2 abatement, relevance of a quotas system for individuals. (J.S.)

  9. Trade-offs, co-benefits and safeguards: Current debates on the breadth of REDD+.

    NARCIS (Netherlands)

    Visseren-Hamakers, I.J.; McDermott, C.; Vijge, M.J.; Cashore, B.

    2012-01-01

    Fundamental trade-offs exist between different land uses for carbon, livelihoods, economic development, biodiversity, agriculture and energy (especially biofuels). This article analyses the scientific debates on REDD+ trade-offs, co-benefits and safeguards, and shows how the development and expanded

  10. Simulation analysis of emissions trading impact on a non-utility power plant

    International Nuclear Information System (INIS)

    Imran, Kashif; Ahmad, Intesar; Hassan, Tehzeebul; Aslam, Muhammad Farooq; Ngan, Hon-Wing

    2009-01-01

    Non-utility power plants can competitively participate in open electricity market to reduce operational costs but in the absence of pollution charges or emissions trading such generators are tempted to cause greater pollution for profit maximization. This paper presents a solution that incorporates pollution charges for nitrogen oxides and sulphur dioxide emissions in line with existing national environmental quality standards and a new carbon dioxide emissions trading mechanism. A novel approach has been used for allocation of allowable emissions that favors efficiently fuelled and environmentally friendly operation for maximizing profit. Impact of proposed carbon trading on economical utilization of enormous indigenous coal reserves has been analyzed and determined to be acceptable. Software developed in this paper, harnessing Sequential Quadratic Programming capabilities of Matlab, is shown to be adequate simulation tool for various emissions trading schemes and an useful operational decision making tool for constrained non-linear optimization problem of a non-utility power plant. (author)

  11. Simulation analysis of emissions trading impact on a non-utility power plant

    Energy Technology Data Exchange (ETDEWEB)

    Imran, Kashif; Ahmad, Intesar [Department of Electrical Engineering, COMSATS Institute of IT, Lahore (Pakistan); Hassan, Tehzeebul [Department of Electrical Engineering, University of Engineering and Technology (UET), Lahore (Pakistan); Aslam, Muhammad Farooq [Department of Electrical Engineering, University of Management and Technology (UMT), Lahore (Pakistan); Ngan, Hon-Wing [Department of Electrical Engineering, Hong Kong Polytechnic University (China)

    2009-12-15

    Non-utility power plants can competitively participate in open electricity market to reduce operational costs but in the absence of pollution charges or emissions trading such generators are tempted to cause greater pollution for profit maximization. This paper presents a solution that incorporates pollution charges for nitrogen oxides and sulphur dioxide emissions in line with existing national environmental quality standards and a new carbon dioxide emissions trading mechanism. A novel approach has been used for allocation of allowable emissions that favors efficiently fuelled and environmentally friendly operation for maximizing profit. Impact of proposed carbon trading on economical utilization of enormous indigenous coal reserves has been analyzed and determined to be acceptable. Software developed in this paper, harnessing Sequential Quadratic Programming capabilities of Matlab, is shown to be adequate simulation tool for various emissions trading schemes and an useful operational decision making tool for constrained non-linear optimization problem of a non-utility power plant. (author)

  12. The energy price equivalence of carbon taxes and emissions trading—Theory and evidence

    International Nuclear Information System (INIS)

    Chiu, Fan-Ping; Kuo, Hsiao-I.; Chen, Chi-Chung; Hsu, Chia-Sheng

    2015-01-01

    Highlights: • The price equivalence of carbon taxes and emissions trading from theoretical and empirical models are developed. • The theoretical findings show that the price effects of these two schemes depend on the market structures. • Energy prices under a carbon tax is lower than an issions trading in an imperfectly competitive market. • A case study from Taiwan gasoline market is applied here. - Abstract: The main purpose of this study is to estimate the energy price equivalence of carbon taxes and emissions trading in an energy market. To this end, both the carbon tax and emissions trading systems are designed in the theoretical model, while alternative market structures are taken into consideration. The theoretical findings show that the economic effects of these two schemes on energy prices depend on the market structures. Energy prices are equivalent between these two schemes given the same amount of greenhouse gas emissions (GHGE) reduction when the market structure is characterized by perfect competition. However, energy prices will be lower when a carbon tax is introduced than when emissions trading is implemented in an imperfectly competitive market, which implies that the price effects of a carbon tax and emissions trading depend on the energy market structure. Such a theoretical basis is applied to the market for gasoline in Taiwan. The empirical results indicate that the gasoline prices under a carbon tax are lower than under emissions trading. This implies that the structure of the energy market needs to be examined when a country seeks to reduce its GHGE through the implementation of either a carbon tax or emissions trading.

  13. Typical calculation and analysis of carbon emissions in thermal power plants

    Science.gov (United States)

    Gai, Zhi-jie; Zhao, Jian-gang; Zhang, Gang

    2018-03-01

    On December 19, 2017, the national development and reform commission issued the national carbon emissions trading market construction plan (power generation industry), which officially launched the construction process of the carbon emissions trading market. The plan promotes a phased advance in carbon market construction, taking the power industry with a large carbon footprint as a breakthrough, so it is extremely urgent for power generation plants to master their carbon emissions. Taking a coal power plant as an example, the paper introduces the calculation process of carbon emissions, and comes to the fuel activity level, fuel emissions factor and carbon emissions data of the power plant. Power plants can master their carbon emissions according to this paper, increase knowledge in the field of carbon reserves, and make the plant be familiar with calculation method based on the power industry carbon emissions data, which can help power plants positioning accurately in the upcoming carbon emissions trading market.

  14. Trade and investment rules for energy

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    2009-09-15

    Rules that govern energy trade is an issue that has generated increasing concern everywhere, from the standpoint of both the security of supply for consumers and security of demand for suppliers. This concern reflects the importance of rules that comprehensively address the needs from supply and demand point of view and integrate the international fabric of energy trade. The GATT and the WTO Agreement define trans-border movement of energy but leave many aspects unclear, particularly as efforts accelerate to control carbon emissions. This timely report by a WEC Task Force of experts with legal standing in the energy business identifies the most pressing issues relating to energy trade and suggests actions and measures which, if implemented, would provide clarity and answer many questions. More importantly, these measures would strengthen the WTO and coming rounds of negotiations.

  15. Nuclear techniques for the on-line bulk analysis of carbon in coal-fired power stations.

    Science.gov (United States)

    Sowerby, B D

    2009-09-01

    Carbon trading schemes usually require large emitters of CO(2), such as coal-fired power stations, to monitor, report and be audited on their CO(2) emissions. The emission price provides a significant additional incentive for power stations to improve efficiency. In the present paper, previous work on the bulk determination of carbon in coal is reviewed and assessed. The most favourable method is that based on neutron inelastic scattering. The potential role of on-line carbon analysers in improving boiler efficiency and in carbon accounting is discussed.

  16. THE ROMANIAN EXTERNAL TRADE IN GRAIN

    Directory of Open Access Journals (Sweden)

    Georgiana Armeniţa ARGHIROIU

    2013-08-01

    Full Text Available Romania is situated as agricultural potential among the first countries in Europe. But over the time it has been observed that our agriculture has failed to capitalize this potential and in consequence cannot provide the necessities of food for the population of the country. The trade balance is deeply inclined towards imports and even if the situation has improved in recent years, the trade balance in agricultural products remains negative, falling to about $ 600 million in 2011. This paper analyzes the evolution of trade flows with the grain both in terms of quantity and value.

  17. Potential trajectories of the upcoming forest trading mechanism in Pará State, Brazilian Amazon.

    Directory of Open Access Journals (Sweden)

    Brenda Brito

    Full Text Available In 2012, the Brazilian government revised the federal Forest Code that governs the use of forest resources on rural properties. The revisions included a forest trading mechanism whereby landowners who deforested more than what is legally allowed before 2008 could absolve their deforestation "debts" by purchasing Environmental Reserve Quotas (CRA from landowners who conserved more forest than legally required. CRA holds promise as a tool to complement command-and-control initiatives to reduce deforestation and incentivize restoration. However, the success of this instrument depends on how its implementation is governed. This study builds on a few recent assessments of the potential of the CRA in Brazil-but that are focused on biophysical potential-by assessing how a few key implementation decisions may influence the CRA market development. Specifically, this study estimates how decisions on who can participate will likely influence the potential forest surplus and forest debt for the CRA market, and takes into account governance characteristics relevant to the State of Pará, eastern Amazonia. In particular, the study evaluates the effects in the CRA market eligibility after simulating a validation of properties in the environmental rural registry (CAR and assessing different scenarios surrounding land tenure status of properties. Results show how regulatory decisions on CRA market eligibility will determine the extent to which CRA will serve as a tool to support forest conservation or as a low-cost path to help illegal deforesters to comply with legislation, but with limited additional environmental benefits. The study reviews regulatory options that would reduce the risk of forest oversupply, and thereby increase the additionality of the areas eligible for CRA. Overall, the study demonstrates the importance of including governance as well as biophysical characteristics in assessing the potential of forest trading tools to deliver additional

  18. Potential trajectories of the upcoming forest trading mechanism in Pará State, Brazilian Amazon.

    Science.gov (United States)

    Brito, Brenda

    2017-01-01

    In 2012, the Brazilian government revised the federal Forest Code that governs the use of forest resources on rural properties. The revisions included a forest trading mechanism whereby landowners who deforested more than what is legally allowed before 2008 could absolve their deforestation "debts" by purchasing Environmental Reserve Quotas (CRA) from landowners who conserved more forest than legally required. CRA holds promise as a tool to complement command-and-control initiatives to reduce deforestation and incentivize restoration. However, the success of this instrument depends on how its implementation is governed. This study builds on a few recent assessments of the potential of the CRA in Brazil-but that are focused on biophysical potential-by assessing how a few key implementation decisions may influence the CRA market development. Specifically, this study estimates how decisions on who can participate will likely influence the potential forest surplus and forest debt for the CRA market, and takes into account governance characteristics relevant to the State of Pará, eastern Amazonia. In particular, the study evaluates the effects in the CRA market eligibility after simulating a validation of properties in the environmental rural registry (CAR) and assessing different scenarios surrounding land tenure status of properties. Results show how regulatory decisions on CRA market eligibility will determine the extent to which CRA will serve as a tool to support forest conservation or as a low-cost path to help illegal deforesters to comply with legislation, but with limited additional environmental benefits. The study reviews regulatory options that would reduce the risk of forest oversupply, and thereby increase the additionality of the areas eligible for CRA. Overall, the study demonstrates the importance of including governance as well as biophysical characteristics in assessing the potential of forest trading tools to deliver additional environmental

  19. Assessment of the potential of urban organic carbon dynamics to off-set urban anthropogenic emissions

    Science.gov (United States)

    Gottschalk, P.; Churkina, G.; Wattenbach, M.; Cubasch, U.

    2010-12-01

    The impact of urban systems on current and future global carbon emissions has been a focus of several studies. Many mitigation options in terms of increasing energy efficiency are discussed. However, apart from technical mitigation potential urban systems also have a considerable biogenic potential to mitigate carbon through an optimized management of organic carbon pools of vegetation and soil. Berlin city area comprises almost 50% of areas covered with vegetation or largely covered with vegetation. This potentially offers various areas for carbon mitigation actions. To assess the mitigation potentials our first objective is to estimate how large current vegetation and soil carbon stocks of Berlin are. We use publicly available forest and soil inventories to calculate soil organic carbon of non-pervious areas and forest standing biomass carbon. This research highlights data-gaps and assigns uncertainty ranges to estimated carbon resources. The second objective is to assess the carbon mitigation potential of Berlin’s vegetation and soils using a biogeochemical simulation model. BIOME-BGC simulates carbon-, nitrogen- and water-fluxes of ecosystems mechanistically. First, its applicability for Berlin forests is tested at selected sites. A spatial application gives an estimate of current net carbon fluxes. The application of such a model allows determining the sensitivity of key ecosystem processes (e.g. carbon gains through photosynthesis, carbon losses through decomposition) towards external drivers. This information can then be used to optimise forest management in terms of carbon mitigation. Initial results of Berlin’s current carbon stocks and its spatial distribution and preliminary simulations results will be presented.

  20. An emissions trading scheme design for power industries facing price regulation

    International Nuclear Information System (INIS)

    Kim, Yong-Gun; Lim, Jong-Soo

    2014-01-01

    The electricity market, monopolistic in nature, with government price regulation, poses a serious challenge for policy makers with respect to the cost-effectiveness of emissions trading, particularly in Asian countries. This paper argues that a cap-and-trade regulatory system for indirect emissions combined with a rate-based allocation system for direct emissions can achieve market efficiency even in the presence of price and quantity controls in the electricity market. This particular policy mix could provide appropriate incentives for industries to reduce their electricity consumption while inducing power producers to reduce their direct carbon emissions cost-effectively in conditions where there is strict government control of electricity prices. Another advantage of the suggested policy mix is that it allows carbon leakage in cross-border power trades to be effectively eliminated. - Highlights: • A rate-based allocation induces power producers to minimize direct emissions. • A cap-and-trade on indirect emission induces firms to reduce electricity consumption. • These two can jointly achieve market efficiency even in the regulated power market

  1. CH4 and N2O emissions embodied in international trade of meat

    International Nuclear Information System (INIS)

    Caro, Dario; Caldeira, Ken; LoPresti, Anna; Davis, Steven J; Bastianoni, Simone

    2014-01-01

    Although previous studies have quantified carbon dioxide emissions embodied in products traded internationally, there has been limited attention to other greenhouse gases such as methane (CH 4 ) and nitrous oxide (N 2 O). Following IPCC guidelines, we estimate non-CO 2 emissions from beef, pork and chicken produced in 237 countries over the period 1990–2010, and assign these emissions to the country where the meat is ultimately consumed. We find that, between 1990 and 2010, an average of 32.8 Mt CO 2 -eq emissions (using 100 year global warming potentials) are embodied in beef, pork and chicken traded internationally. Further, over the 20 year period, the quantity of CO 2 -eq emissions embodied in traded meat increased by 19%. The largest trade flows of emissions embodied in meat were from Brazil and Argentina to Russia (2.8 and 1.4 Mt of CO 2 -eq, respectively). Trade flows within the European region are also substantial: beef and pork exported from France embodied 3.3 Mt and 0.4 Mt of CO 2 -eq, respectively. Emissions factor of meat production (i.e. CO 2 -eq emissions per kg of meat) produced depend on ambient temperature, development level, livestock category (e.g. cattle, pork, and chicken) and livestock management practices. Thus, trade may result in an overall increase of GHG emissions when meat-consuming countries import meat from countries with a greater emissions intensity of meat production rather than producing the meat domestically. Comparing the emissions intensity of meat production of trading partners, we assess trade flows according to whether they tend to reduce or increase global emissions from meat production. (letter)

  2. Carbon Pricing, Power Markets and the Competitiveness of Nuclear Power

    International Nuclear Information System (INIS)

    2011-01-01

    This study assesses the competitiveness of nuclear power against coal- and gas-fired power generation in liberalized electricity markets with either CO 2 trading or carbon taxes. It uses daily price data for electricity, gas, coal and carbon from 2005 to 2010, which encompasses the first years of the European Emissions Trading System (EU ETS), the world's foremost carbon trading framework. The study shows that even with modest carbon pricing, competition for new investment in electricity markets will take place between nuclear energy and gas-fired power generation, with coal-fired power struggling to be profitable. The data and analyses contained in this study provide a robust framework for assessing cost and investment issues in liberalized electricity markets with carbon pricing. (authors)

  3. Potential biodiversity benefits from international programs to reduce carbon emissions from deforestation.

    Science.gov (United States)

    Siikamäki, Juha; Newbold, Stephen C

    2012-01-01

    Deforestation is the second largest anthropogenic source of carbon dioxide emissions and options for its reduction are integral to climate policy. In addition to providing potentially low cost and near-term options for reducing global carbon emissions, reducing deforestation also could support biodiversity conservation. However, current understanding of the potential benefits to biodiversity from forest carbon offset programs is limited. We compile spatial data on global forest carbon, biodiversity, deforestation rates, and the opportunity cost of land to examine biodiversity conservation benefits from an international program to reduce carbon emissions from deforestation. Our results indicate limited geographic overlap between the least-cost areas for retaining forest carbon and protecting biodiversity. Therefore, carbon-focused policies will likely generate substantially lower benefits to biodiversity than a more biodiversity-focused policy could achieve. These results highlight the need to systematically consider co-benefits, such as biodiversity in the design and implementation of forest conservation programs to support international climate policy.

  4. Determinants and Characteristics of Korean Companies’ Carbon Management under the Carbon Pricing Scheme

    Directory of Open Access Journals (Sweden)

    Sunhee Suk

    2018-04-01

    Full Text Available In response to the domestic emission trading scheme, Korean companies are required to shift their strategies from voluntary or regulation-driven management approaches to innovative carbon management utilizing their carbon option linked with economic value. Using a questionnaire survey targeting companies subjected to the emission trading scheme, this study explores the status of Korean companies’ carbon management in a series of five strategies and identifies the correlation between companies’ proactive carbon strategies and pre-listed determinant factors. This study found that Korean companies’ practices in accordance with carbon pricing deviate little from conventional energy and environmental management in this phase. They are likely to be affected by the need to appear socially responsible or to make a social contribution, without having to exceed this mandate in terms activities outside of this remit. Yet, only a small proportion of companies have advanced to the stage of proactive carbon management. For them, top managers’ support and understanding are essential factors together with government pressure to factor-in issues related to carbon with their business strategies. This study provides implications for policy and corporate in promoting carbon-oriented management under the carbon policy.

  5. Takeover bids and insider trading

    NARCIS (Netherlands)

    Nelemans, Matthijs; Bainbridge, Stephen M.

    2014-01-01

    This paper analyses the law and economics of insider trading in the context of takeover bids, focusing on the European regulatory framework. We distinguish between trading by the bidder, by the target and by classical insiders and first address the issue of precisely when information about potential

  6. Is Time the Best Metric to Measure Carbon-Related Climate Change Potential and Tune the Economy Toward Reduced Fossil Carbon Extraction?

    Science.gov (United States)

    DeGroff, F. A.

    2016-12-01

    Anthropogenic changes to non-anthropogenic carbon fluxes are a primary driver of climate change. There currently exists no comprehensive metric to measure and value anthropogenic changes in carbon flux between all states of carbon. Focusing on atmospheric carbon emissions as a measure of anthropogenic activity on the environment ignores the fungible characteristics of carbon that are crucial in both the biosphere and the worldwide economy. Focusing on a single form of inorganic carbon as a proxy metric for the plethora of anthropogenic activity and carbon compounds will prove inadequate, convoluted, and unmanageable. A broader, more basic metric is needed to capture the entirety of carbon activity, particularly in an economic, profit-driven environment. We propose a new metric to measure changes in the temporal distance of any form or state of carbon from one state to another. Such a metric would be especially useful to measure the temporal distance of carbon from sinks such as the atmosphere or oceans. The effect of changes in carbon flux as a result of any human activity can be measured by the difference between the anthropogenic and non-anthropogenic temporal distance. The change in the temporal distance is a measure of the climate change potential much like voltage is a measure of electrical potential. The integral of the climate change potential is proportional to the anthropogenic climate change. We also propose a logarithmic vector scale for carbon quality, cq, as a measure of anthropogenic changes in carbon flux. The distance between the cq vector starting and ending temporal distances represents the change in cq. A base-10 logarithmic scale would allow the addition and subtraction of exponents to calculate changes in cq. As anthropogenic activity changes the temporal distance of carbon, the change in cq is measured as: cq = ß ( log10 [mean carbon temporal distance] ) where ß represents the carbon price coefficient for a particular country. For any

  7. Carbon sequestration potential in agroforestry system in India: an analysis for carbon project

    Czech Academy of Sciences Publication Activity Database

    Sharma, R.; Sanjeev, K.; Chauhan, D. K.; Tripathi, Abishek

    2016-01-01

    Roč. 90, č. 4 (2016), s. 631-644 ISSN 0167-4366 Institutional support: RVO:67179843 Keywords : Agroforestry * Biophysical and practical potential * Carbon sequestration * Poplar based agroforestry * Institutional mechanism Subject RIV: GC - Agronomy Impact factor: 1.170, year: 2016

  8. Policy recommendations for Canadian municipal greenhouse gas trading

    International Nuclear Information System (INIS)

    Seskus, A.

    2002-01-01

    The municipal policies regarding greenhouse gas (GHG) emissions trading from municipalities in developed countries outside of Canada were examined in an effort to help establish a position on municipal carbon trading in Canada. The main uncertainty regarding this new concept of GHG emissions trading is the fate of the Kyoto Protocol, when or if it will be ratified. It is premature for municipalities to have well-established polices about emissions trading because the country in which a municipality is located determines the position towards GHG emissions trading. For this study, an extensive literature search of municipal policies was conducted for both GHG trading and domestic national GHG trading. This was followed by a survey on emissions trading which was distributed to more than 350 member cities (including the United States, Europe and Australia) of the International Council for Environmental Initiatives (ICLEI) Cities for Climate Protection (CCP) Campaign. The literature search revealed that municipalities outside of Canada have not yet formulated policies to address the issue of emissions trading. Only 7 per cent of the cities felt that they were informed about emissions trading, even in Europe and Australia where domestic emissions trading is closer to becoming a reality. This paper demonstrated that it is evident that more training is needed for municipalities regarding this issue. For the very few cities that had developed a GHG trading policy, each municipal policy supported municipal participation in emissions trading under conditions that included an environmental retirement, a do-no-harm clause, or an obligation to meet voluntary commitments before excess emissions can be traded. refs., tabs., figs

  9. The Perfomativity of Economics in Trading CO2-Reducation Certificates

    DEFF Research Database (Denmark)

    Lippert, Ingmar

    ethnographic insight into voluntary corporate carbon accounting and into the agency of emission reduction certificates, the governability of emissions through markets is questioned. The paper provides evidence for dubious practices in accounting and, thus, the voluntary carbon market and therewith qualifies......Since 2013, Interpol publicly points to illegal practices in carbon trading and markets. To open up the governability of carbon through markets, this paper employs the Science and Technology Studies perspectives of performativity of economics and the performativity of data practices. Using...

  10. Deep carbon storage potential of buried floodplain soils.

    Science.gov (United States)

    D'Elia, Amanda H; Liles, Garrett C; Viers, Joshua H; Smart, David R

    2017-08-15

    Soils account for the largest terrestrial pool of carbon and have the potential for even greater quantities of carbon sequestration. Typical soil carbon (C) stocks used in global carbon models only account for the upper 1 meter of soil. Previously unaccounted for deep carbon pools (>1 m) were generally considered to provide a negligible input to total C contents and represent less dynamic C pools. Here we assess deep soil C pools associated with an alluvial floodplain ecosystem transitioning from agricultural production to restoration of native vegetation. We analyzed the soil organic carbon (SOC) concentrations of 87 surface soil samples (0-15 cm) and 23 subsurface boreholes (0-3 m). We evaluated the quantitative importance of the burial process in the sequestration of subsurface C and found our subsurface soils (0-3 m) contained considerably more C than typical C stocks of 0-1 m. This deep unaccounted soil C could have considerable implications for global C accounting. We compared differences in surface soil C related to vegetation and land use history and determined that flooding restoration could promote greater C accumulation in surface soils. We conclude deep floodplain soils may store substantial quantities of C and floodplain restoration should promote active C sequestration.

  11. Greenhouse Gas Mitigation Options in ISEEM Global Energy Model: 2010-2050 Scenario Analysis for Least-Cost Carbon Reduction in Iron and Steel Sector

    Energy Technology Data Exchange (ETDEWEB)

    Karali, Nihan; Xu, Tengfang; Sathaye, Jayant

    2013-12-01

    The goal of the modeling work carried out in this project was to quantify long-term scenarios for the future emission reduction potentials in the iron and steel sector. The main focus of the project is to examine the impacts of carbon reduction options in the U.S. iron and steel sector under a set of selected scenarios. In order to advance the understanding of carbon emission reduction potential on the national and global scales, and to evaluate the regional impacts of potential U.S. mitigation strategies (e.g., commodity and carbon trading), we also included and examined the carbon reduction scenarios in China’s and India’s iron and steel sectors in this project. For this purpose, a new bottom-up energy modeling framework, the Industrial Sector Energy Efficiency Modeling (ISEEM), (Karali et al. 2012) was used to provide detailed annual projections starting from 2010 through 2050. We used the ISEEM modeling framework to carry out detailed analysis, on a country-by-country basis, for the U.S., China’s, and India’s iron and steel sectors. The ISEEM model applicable to iron and steel section, called ISEEM-IS, is developed to estimate and evaluate carbon emissions scenarios under several alternative mitigation options - including policies (e.g., carbon caps), commodity trading, and carbon trading. The projections will help us to better understand emission reduction potentials with technological and economic implications. The database for input of ISEEM-IS model consists of data and information compiled from various resources such as World Steel Association (WSA), the U.S. Geological Survey (USGS), China Steel Year Books, India Bureau of Mines (IBM), Energy Information Administration (EIA), and recent LBNL studies on bottom-up techno-economic analysis of energy efficiency measures in the iron and steel sector of the U.S., China, and India, including long-term steel production in China. In the ISEEM-IS model, production technology and manufacturing details are

  12. Limits to the potential of bio-fuels and bio-sequestration of carbon

    International Nuclear Information System (INIS)

    Pearman, Graeme I.

    2013-01-01

    This document examines bio-physical limits of bio-fuels and bio-sequestration of carbon by examining available solar radiation and observed efficiencies with which natural ecosystems and agricultural systems convert that energy to biomass. It compares these energy/carbon exchanges with national levels of energy use and carbon emissions for Australia, Brazil, China, Japan, Republic of Korea, New Zealand, Papua New Guinea, Singapore, Sweden, United Kingdom and United States. Globally primary energy consumption (related carbon emissions) is currently equivalent to ∼0.06% of the incident solar energy, and 43% of the energy (carbon) captured by photosynthesis. The nations fall into three categories. Those with primary energy consumption that is: 1–10% (Japan, Korea and Singapore); ∼0.1% (China, UK and the US) and; 0.1–0.01% (Australia, Brazil, Papua New Guinea, New Zealand and Sweden) of incident solar radiation. The percentage of energy captured in biomass follows this pattern, but generally lower by ∼3 orders of magnitude. The energy content of traded wheat, corn and rice represents conversion efficiencies of solar radiation of 0.08–0.17% and for sugar close to 1%, ignoring energy use in production and conversion of biomass to fuels. The study implies that bio-fuels or bio-sequestration can only be a small part of an inclusive portfolio of actions towards a low carbon future and minimised net emissions of carbon to the atmosphere. - Highlights: • Global energy consumption is ∼0.06% of solar; 43% of net primary production. • 11 nations studied fall into 3 groups: consumption/solar=1–10%; ∼0.1%; 0.1–0.01%. • % of energy captured in biomass is lower by ∼3 orders of magnitude. • Crops and natural ecosystems capture 0.1–0.3% and sugar 1% of solar energy. • Significant bio-energy/carbon sequestration via biomass is unrealistic

  13. [Estimation of soil carbon sequestration potential in typical steppe of Inner Mongolia and associated uncertainty].

    Science.gov (United States)

    Wang, Wei; Wu, Jian-Guo; Han, Xing-Guo

    2012-01-01

    Based on the measurements in the enclosure and uncontrolled grazing plots in the typical steppe of Xilinguole, Inner Mongolia, this paper studied the soil carbon storage and carbon sequestration in the grasslands dominated by Leymus chinensis, Stipa grandis, and Stipa krylovii, respectively, and estimated the regional scale soil carbon sequestration potential in the heavily degraded grassland after restoration. At local scale, the annual soil carbon sequestration in the three grasslands all decreased with increasing year of enclosure. The soil organic carbon storage was significantly higher in the grasslands dominated by L. chinensis and Stipa grandis than in that dominated by Stipa krylovii, but the latter had much higher soil carbon sequestration potential, because of the greater loss of soil organic carbon during the degradation process due to overgrazing. At regional scale, the soil carbon sequestration potential at the depth of 0-20 cm varied from -0.03 x 10(4) to 3.71 x 10(4) kg C x a(-1), and the total carbon sequestration potential was 12.1 x 10(8) kg C x a(-1). Uncertainty analysis indicated that soil gravel content had less effect on the estimated carbon sequestration potential, but the estimation errors resulted from the spatial interpolation of climate data could be about +/- 4.7 x 10(9) kg C x a(-1). In the future, if the growth season precipitation in this region had an average variation of -3.2 mm x (10 a)(-1), the soil carbon sequestration potential would be de- creased by 1.07 x 10(8) kg C x (10 a)(-1).

  14. The potential contribution to climate change mitigation from temporary carbon storage in biomaterials

    DEFF Research Database (Denmark)

    Jørgensen, Susanne Vedel; Hauschild, Michael Zwicky; Nielsen, Per H.

    2015-01-01

    of biomaterials.The recently developed approach for quantifying the climate tipping potential (CTP) of emissions is used, with some adaption, to account for the value of temporary carbon storage. CTP values for short-, medium- and long-term carbon storage in chosen biomaterials are calculated for two possible...... future atmospheric greenhouse gas (GHG) concentration development scenarios. The potential magnitude of the temporary carbon storage in biomaterials is estimated by considering the global polymer production being biobased in the future.Both sets of CTP values show the same trend; storage which releases...... contributes with negative CTP values, which means mitigation. The longer the duration of the storage, the larger the mitigation potential.Temporary carbon storage in biomaterials has a potential for contributing to avoid or postpone the crossing of a climatic target level of 450 ppm CO2e, depending on GHG...

  15. Emission reduction trading - a power marketer's perspective

    Energy Technology Data Exchange (ETDEWEB)

    Stewart, M. (Powerex Inc., Vancouver, BC (Canada))

    1999-01-01

    The current situation , and the short-term and long-term outlook in emission reduction trading are reviewed from the point of view of a power marketer. The author's view is that while the concept of emission reduction credit (ERC) is easy enough to understand, i.e. a series of measures to reduce carbon dioxide production and enhance carbon sequestration, there is no standard definition, although there are a number of models under consideration. What is being sought is clear ownership and title, a clear understanding of what qualifies as a credit, credit for early action, commodity specifications and the ability to hedge. The author predicts that in the short-tem, industry will experiment with different types of transactions to gain experience and seek partners who are willing to share risk and development cost. In the longer-term, emission reduction credits will be bought and sold as commodities and traded, swapped or exchanged as part of a portfolio in bilateral trade transactions, and used in hedging against future liabilities.

  16. Drivers, Constraints and Trade-Offs Associated with Recultivating Abandoned Cropland in Russia, Ukraine and Kazakhstan

    Directory of Open Access Journals (Sweden)

    Patrick Meyfroidt

    2016-06-01

    Full Text Available Further cropland expansion might be unavoidable to satisfy the growing demand for land- based products and ecosystem services. A crucial issue is thus to assess the trade-offs between social and ecological impacts and the benefits of converting additional land to cropland. In the former Soviet Union countries, where the transition from state-command to market-driven economies resulted in widespread agricultural land abandonment, cropland expansion may incur relatively low costs, especially compared with tropical regions. Our objectives were to quantify the drivers, constraints and trade-offs associated with recultivating abandoned cropland to assess the potentially available cropland in European Russia, western Siberia, Ukraine and Kazakhstan - the region where the vast majority of post- Soviet cropland abandonment took place. Using spatial panel regressions, we characterized the socio-economic determinants of cropland abandonment and recultivation. We then used recent maps of changes in cropland to 1 spatially characterize the socio-economic, accessibility and soil constraints associated with the recultivation of abandoned croplands and 2 investigate the environmental trade-offs regarding carbon stocks and habitat for biodiversity. Less cropland abandonment and more recultivation after 2000 occurred in areas with an increasing rural population and a younger labor force, but also improved yields. Synergies were observed between cropland recultivation and intensification over the 2000s. From 47.3 million hectares (Mha of cropland abandoned in 2009, we identified only 8.5 (7.1-17.4 Mha of potentially available cropland with low environmental tradeoffs and low to moderate socio-economic or accessibility constraints that were located on high-quality soils (Chernozems. These areas represented an annual wheat production potential of 14.3 (9.6-19.5 million tons (Mt. Conversely, 8.5 (4.2-12.4 Mha had high carbon or biodiversity trade-offs, of which 10

  17. Study of the potential of low carbon energy development and its contribution to realize the reduction target of carbon intensity in China

    International Nuclear Information System (INIS)

    Li Hongqiang; Wang Limao; Shen Lei; Chen Fengnan

    2012-01-01

    Appraising low carbon energy potential in China and studying its contribution to China's target of cutting CO 2 emissions by 40–45% per unit of GDP by 2020 is crucial for taking countermeasures against climate change and identifying low carbon energy development strategies. This paper presents two scenarios and evaluates the development potential for low carbon energy and its various sources. Based on the evaluation, we analyze how low carbon energy contributes to achieving China's national target of carbon intensity reduction. We draw several conclusions from the analysis. First, low carbon energy will contribute 9.74% (minimum) to 24.42% (maximum) toward the 2020 carbon intensity target under three economic development schemes. Second, the contribution will decrease when the GDP growth rate increases. Third, to maintain the same contribution with high GDP growth rates, China should not only strengthen its investment and policy stimulation for low carbon energy but also simultaneously optimize economic structures and improve carbon productivity. - Highlights: ► Low carbon energy can substitute at least 659.5 Mtce of fossil energy in 2020. ► Potential of hydropower ranks first among all low carbon energy sources in 2020. ► Low carbon energy will contribute at least 9.47% to reach carbon target in 2020. ► China should formulate and implement comprehensive measures to cut carbon emission.

  18. Prospect theory for online financial trading.

    Science.gov (United States)

    Liu, Yang-Yu; Nacher, Jose C; Ochiai, Tomoshiro; Martino, Mauro; Altshuler, Yaniv

    2014-01-01

    Prospect theory is widely viewed as the best available descriptive model of how people evaluate risk in experimental settings. According to prospect theory, people are typically risk-averse with respect to gains and risk-seeking with respect to losses, known as the "reflection effect". People are much more sensitive to losses than to gains of the same magnitude, a phenomenon called "loss aversion". Despite of the fact that prospect theory has been well developed in behavioral economics at the theoretical level, there exist very few large-scale empirical studies and most of the previous studies have been undertaken with micro-panel data. Here we analyze over 28.5 million trades made by 81.3 thousand traders of an online financial trading community over 28 months, aiming to explore the large-scale empirical aspect of prospect theory. By analyzing and comparing the behavior of winning and losing trades and traders, we find clear evidence of the reflection effect and the loss aversion phenomenon, which are essential in prospect theory. This work hence demonstrates an unprecedented large-scale empirical evidence of prospect theory, which has immediate implication in financial trading, e.g., developing new trading strategies by minimizing the impact of the reflection effect and the loss aversion phenomenon. Moreover, we introduce three novel behavioral metrics to differentiate winning and losing traders based on their historical trading behavior. This offers us potential opportunities to augment online social trading where traders are allowed to watch and follow the trading activities of others, by predicting potential winners based on their historical trading behavior.

  19. Prospect theory for online financial trading.

    Directory of Open Access Journals (Sweden)

    Yang-Yu Liu

    Full Text Available Prospect theory is widely viewed as the best available descriptive model of how people evaluate risk in experimental settings. According to prospect theory, people are typically risk-averse with respect to gains and risk-seeking with respect to losses, known as the "reflection effect". People are much more sensitive to losses than to gains of the same magnitude, a phenomenon called "loss aversion". Despite of the fact that prospect theory has been well developed in behavioral economics at the theoretical level, there exist very few large-scale empirical studies and most of the previous studies have been undertaken with micro-panel data. Here we analyze over 28.5 million trades made by 81.3 thousand traders of an online financial trading community over 28 months, aiming to explore the large-scale empirical aspect of prospect theory. By analyzing and comparing the behavior of winning and losing trades and traders, we find clear evidence of the reflection effect and the loss aversion phenomenon, which are essential in prospect theory. This work hence demonstrates an unprecedented large-scale empirical evidence of prospect theory, which has immediate implication in financial trading, e.g., developing new trading strategies by minimizing the impact of the reflection effect and the loss aversion phenomenon. Moreover, we introduce three novel behavioral metrics to differentiate winning and losing traders based on their historical trading behavior. This offers us potential opportunities to augment online social trading where traders are allowed to watch and follow the trading activities of others, by predicting potential winners based on their historical trading behavior.

  20. 78 FR 13894 - Certain Activated Carbon From China

    Science.gov (United States)

    2013-03-01

    ... INTERNATIONAL TRADE COMMISSION [Investigation No. 731-TA-1103 (Review)] Certain Activated Carbon... United States International Trade Commission (Commission) determines, pursuant to section 751(c) of the... in the Office of the Secretary, U.S. International Trade Commission, Washington, DC, and by...

  1. Greasing the Wheels of Trade

    OpenAIRE

    Hendrik P. van Dalen; Aico P. van Vuuren

    2003-01-01

    This discussion paper resulted in a publication in 'De Economist' , 2005, 153(2), 139-165. How much does a nation spend on resources to 'grease the wheels of trade'? To examine this question the Dutch economy is used as an exemplary case as the Netherlands are known as a nation of traders. This image was derived in the seventeenth century from successes in long distance trade, shipping and financial innovations. Despite its historical background in trading the potential to 'truck and barter' ...

  2. Integrated mangrove-shrimp cultivation: Potential for blue carbon sequestration.

    Science.gov (United States)

    Ahmed, Nesar; Thompson, Shirley; Glaser, Marion

    2018-05-01

    Globally, shrimp farming has had devastating effects on mangrove forests. However, mangroves are the most carbon-rich forests, with blue carbon (i.e., carbon in coastal and marine ecosystems) emissions seriously augmented due to devastating effects on mangrove forests. Nevertheless, integrated mangrove-shrimp cultivation has emerged as a part of the potential solution to blue carbon emissions. Integrated mangrove-shrimp farming is also known as organic aquaculture if deforested mangrove area does not exceed 50% of the total farm area. Mangrove destruction is not permitted in organic aquaculture and the former mangrove area in parts of the shrimp farm shall be reforested to at least 50% during a period of maximum 5 years according to Naturland organic aquaculture standards. This article reviews integrated mangrove-shrimp cultivation that can help to sequester blue carbon through mangrove restoration, which can be an option for climate change mitigation. However, the adoption of integrated mangrove-shrimp cultivation could face several challenges that need to be addressed in order to realize substantial benefits from blue carbon sequestration.

  3. The effect of empirical potential functions on modeling of amorphous carbon using molecular dynamics method

    International Nuclear Information System (INIS)

    Li, Longqiu; Xu, Ming; Song, Wenping; Ovcharenko, Andrey; Zhang, Guangyu; Jia, Ding

    2013-01-01

    Empirical potentials have a strong effect on the hybridization and structure of amorphous carbon and are of great importance in molecular dynamics (MD) simulations. In this work, amorphous carbon at densities ranging from 2.0 to 3.2 g/cm 3 was modeled by a liquid quenching method using Tersoff, 2nd REBO, and ReaxFF empirical potentials. The hybridization, structure and radial distribution function G(r) of carbon atoms were analyzed as a function of the three potentials mentioned above. The ReaxFF potential is capable to model the change of the structure of amorphous carbon and MD results are in a good agreement with experimental results and density function theory (DFT) at low density of 2.6 g/cm 3 and below. The 2nd REBO potential can be used when amorphous carbon has a very low density of 2.4 g/cm 3 and below. Considering the computational efficiency, the Tersoff potential is recommended to model amorphous carbon at a high density of 2.6 g/cm 3 and above. In addition, the influence of the quenching time on the hybridization content obtained with the three potentials is discussed.

  4. Prospect Theory for Online Financial Trading

    Science.gov (United States)

    Liu, Yang-Yu; Nacher, Jose C.; Ochiai, Tomoshiro; Martino, Mauro; Altshuler, Yaniv

    2014-03-01

    Prospect theory is widely viewed as the best available descriptive model of how people evaluate risk in experimental settings. According to prospect theory, people make decisions based on the potential value of losses and gains rather than the final outcome. People are risk-averse with respect to gains and risk-seeking with respect to losses, a phenomenon called ``loss aversion''. Despite of the fact that prospect theory has been well studied in behavioral economics at the theoretical level, there exist very few empirical research and most of them has been undertaken with micro-panel data. Here we analyze the trading activities of over 1.5 million members of an online financial trading community over 28 months, aiming to explore the large-scale empirical aspect of prospect theory. By analyzing and comparing the behaviour of ``winners'' and ``losers'', i.e., traders with positive or negative final net profit, we find clear evidence of the loss aversion phenomenon, an essence in prospect theory. This work demonstrates an unprecedented large-scale empirical evidence of prospect theory. It has immediate implication in financial trading, e.g., developing new trading strategies by minimizing the effect of loss aversion. It also provides opportunity to augment online social trading, where users are allowed to watch and follow the trading activity of others, by predicting potential winners based on their historical trading behaviour.

  5. Suitability of non-energy GHGs for emissions trading

    International Nuclear Information System (INIS)

    Haites, E.; Proestos, A.

    2000-01-01

    This paper assesses the suitability of different sources of non-energy greenhouse gases for emissions trading. Different forms of emissions trading are defined and criteria for determining whether a source is suitable for emissions trading are proposed. The suitability for emissions trading is assessed for: methane (CH4) from oil and gas production; CH4 from coal mines; CH4 from landfills; CH4 from wastewater treatment; CH4 from enteric fermentation; CH4 from livestock manure, nitrous oxide (N2O) from adipic acid production; N2O from fertilizer use; N2O from nitric acid production, carbon dioxide (CO2) and perfluorocarbons (PFCs) from aluminum smelting; sulphur hexafluoride (SF6) from magnesium smelting and die casting; HFCs from HCFC production, other uses of SF6, PFCs and hydrofluorocarbons (HFCs); CO2 from ammonia production; lime and cement production, and iron ore reduction

  6. China's foreign trade and climate change: A case study of CO2 emissions

    International Nuclear Information System (INIS)

    Yan Yunfeng; Yang Laike

    2010-01-01

    The globalization of trade has numerous environmental implications. Trade creates a mechanism for consumers to shift environmental pollution associated with their consumption to other countries. Carbon leakage exerts great influences on international trade and economy. Applying an input-output approach, the paper estimates the amount of carbon dioxide (CO 2 ) embodied in China's foreign trade during 1997-2007. It is found that 10.03-26.54% of China's annual CO 2 emissions are produced during the manufacture of export goods destined for foreign consumers, while the CO 2 emissions embodied in China's imports accounted for only 4.40% (1997) and 9.05% (2007) of that. We also estimate that the rest of world avoided emitting 150.18 Mt CO 2 in 1997, increasing to 593 Mt in 2007, as a result of importing goods from China, rather than manufacturing the same type and quantity of goods domestically. During 1997-2007, the net 'additional' global CO 2 emissions resulting from China's exports were 4894 Mt. Then, the paper divides the trade-embodied emissions into scale, composition and technical effect. It was found that scale and composition effect increased the CO 2 emissions embodied in trade while the technical effect offset a small part of them. Finally, its mechanism and policy implications are presented.

  7. When is public enforcement of insider trading regulations effective?

    NARCIS (Netherlands)

    Wielhouwer, J.L.

    2013-01-01

    In this paper we investigate when public enforcement of insider trading regulations reduces the amount of insider trading. We model a game between a potentially self-interested regulator enforcing insider trading laws and a trader who may be trading on inside information. We show that equilibrium

  8. Social justice: The link between trade liberalisation and sub-Saharan Africa's potential to achieve the United Nations Millennium Development Goals by 2015

    OpenAIRE

    Chigara, B

    2008-01-01

    Copyright © 2008 Netherlands Institute of Human Rights (SIM). The possible impact of the unintended worst possible effects of the current multilateral WTO sponsored trade liberalisation project on Sub-Saharan Africa’s potential to realise the Millennium Development Goals (MDGs) by the target date of 2015 is examined. The article shows that the WTO’s current approach to trade liberalisation is nurturing and strengthening economic inequalities between and within economic regions ...

  9. [Carbon capture and storage (CCS) and its potential role to mitigate carbon emission in China].

    Science.gov (United States)

    Chen, Wen-Ying; Wu, Zong-Xin; Wang, Wei-Zhong

    2007-06-01

    Carbon capture and storage (CCS) has been widely recognized as one of the options to mitigate carbon emission to eventually stabilize carbon dioxide concentration in the atmosphere. Three parts of CCS, which are carbon capture, transport, and storage are assessed in this paper, covering comparisons of techno-economic parameters for different carbon capture technologies, comparisons of storage mechanism, capacity and cost for various storage formations, and etc. In addition, the role of CCS to mitigate global carbon emission is introduced. Finally, China MARKAL model is updated to include various CCS technologies, especially indirect coal liquefaction and poly-generation technologies with CCS, in order to consider carbon emission reduction as well as energy security issue. The model is used to generate different scenarios to study potential role of CCS to mitigate carbon emissions by 2050 in China. It is concluded that application of CCS can decrease marginal abatement cost and the decrease rate can reach 45% for the emission reduction rate of 50%, and it can lessen the dependence on nuclear power development for stringent carbon constrains. Moreover, coal resources can be cleanly used for longer time with CCS, e.g., for the scenario C70, coal share in the primary energy consumption by 2050 will increase from 10% when without CCS to 30% when with CCS. Therefore, China should pay attention to CCS R&D activities and to developing demonstration projects.

  10. Physicians and Insider Trading.

    Science.gov (United States)

    Kesselheim, Aaron S; Sinha, Michael S; Joffe, Steven

    2015-12-01

    Although insider trading is illegal, recent high-profile cases have involved physicians and scientists who are part of corporate governance or who have access to information about clinical trials of investigational products. Insider trading occurs when a person in possession of information that might affect the share price of a company's stock uses that information to buy or sell securities--or supplies that information to others who buy or sell--when the person is expected to keep such information confidential. The input that physicians and scientists provide to business leaders can serve legitimate social functions, but insider trading threatens to undermine any positive outcomes of these relationships. We review insider-trading rules and consider approaches to securities fraud in the health care field. Given the magnitude of the potential financial rewards, the ease of concealing illegal conduct, and the absence of identifiable victims, the temptation for physicians and scientists to engage in insider trading will always be present. Minimizing the occurrence of insider trading will require robust education, strictly enforced contractual provisions, and selective prohibitions against high-risk conduct, such as participation in expert consulting networks and online physician forums, by those individuals with access to valuable inside information.

  11. Climate Policy and Carbon Leakage

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    2008-07-01

    This report explores the effects of the EU emissions trading scheme on the aluminium sector (i.e. competitiveness loss and carbon leakage). With its very high electricity intensity, primary aluminium stands out in the heavy industry picture: a sector whose emissions are not capped in the present EU ETS, European aluminium smelters still stand to lose profit margins and, possibly, market shares, as electricity prices increase following CO2 caps on generators' emissions - the famous pass-through of CO2 prices into electricity prices. The analysis includes a method of quantification of this issue, based on two indicators: profit margins and trade flows. As the EU is at the forefront of such policy, the paper provides policy messages to all countries on how trade exposed energy-intensive industries can be 'moved' by carbon constraint. This also is a contentious topic in Australia, Japan, New Zealand, and the US, where ambitious climate policies -- including cap-and-trade systems -- are currently debated.

  12. Carbon Emission Trading. A survey of regional and national emission trading schemes outside the European Union; Handel med utslaeppsraetter. Kartlaeggning av EU-externa regionala och nationella system foer handel med koldioxidutslaepp

    Energy Technology Data Exchange (ETDEWEB)

    Widegren, Karin

    2007-03-15

    For those countries that ratified the Kyoto Protocol this is naturally one of the most important incentives for the introduction of mandatory measures such as emissions trading schemes. At the same time, there are major similarities between the political discussions in countries that ratified the Kyoto Protocol and countries that did not. In all countries there is a great interest in market-based regulation such as emissions trading, at the same time as the political difficulties in achieving unity on the limits and shaping of the systems are very substantial. In countries with a federal government, operators at the regional level frequently have a prominent role. The driving force for the regional players is frequently a desire to influence the federal policy from below at the same time as goodwill is created and a learning process is developed that may become a competitive advantage the day a federal system is introduced. Regional initiatives and the introduction of different voluntary programs for emissions trading have also contributed to an increased interest on the part of industry and industrial operators. They have in several cases actively participated in the design of such programs. When it comes to the operational status of the different schemes none of the studied countries is expected to have a nationally compulsory trading system in operation prior to 2010. Most initiatives are at the initial stage and have been delayed many times on account of significant administrative and political difficulties. It may be established that as regards market volume, liquidity and practical experiences EU ETS is in a class of its own. The most common trading system that is planned or debated is of the type 'cap and trade'. Systems focus almost without exception on the energy sector and on emissions of carbon dioxide. Frequently, proposals include a wide variety of approved emission credits (offset). The design of these emission credits often reflects other

  13. Carbon Emission Trading. A survey of regional and national emission trading schemes outside the European Union; Handel med utslaeppsraetter. Kartlaeggning av EU-externa regionala och nationella system foer handel med koldioxidutslaepp

    Energy Technology Data Exchange (ETDEWEB)

    Widegren, Karin

    2007-03-15

    For those countries that ratified the Kyoto Protocol this is naturally one of the most important incentives for the introduction of mandatory measures such as emissions trading schemes. At the same time, there are major similarities between the political discussions in countries that ratified the Kyoto Protocol and countries that did not. In all countries there is a great interest in market-based regulation such as emissions trading, at the same time as the political difficulties in achieving unity on the limits and shaping of the systems are very substantial. In countries with a federal government, operators at the regional level frequently have a prominent role. The driving force for the regional players is frequently a desire to influence the federal policy from below at the same time as goodwill is created and a learning process is developed that may become a competitive advantage the day a federal system is introduced. Regional initiatives and the introduction of different voluntary programs for emissions trading have also contributed to an increased interest on the part of industry and industrial operators. They have in several cases actively participated in the design of such programs. When it comes to the operational status of the different schemes none of the studied countries is expected to have a nationally compulsory trading system in operation prior to 2010. Most initiatives are at the initial stage and have been delayed many times on account of significant administrative and political difficulties. It may be established that as regards market volume, liquidity and practical experiences EU ETS is in a class of its own. The most common trading system that is planned or debated is of the type 'cap and trade'. Systems focus almost without exception on the energy sector and on emissions of carbon dioxide. Frequently, proposals include a wide variety of approved emission credits (offset). The design of these emission credits often reflects other political

  14. Trading green electricity

    International Nuclear Information System (INIS)

    Davies, M.

    1997-01-01

    A study has been carried out into the feasibility of developing an electricity trading mechanism which would allow consumers to purchase electricity which has been derived from renewable energy resources. This study was part funded by the European Commission (ALTENER), the Department of Trade and Industry and a number of private sector companies. The trading mechanism is known as the Green Pool. As a result of the findings of this study discussions are being held with potential generators and suppliers to establish a Green Pool plc. The aim is to encourage the development of new renewable energy projects outside the NFFO and SRO schemes. The Green Pool plc will be owned by the generators and its main objective will be to market the electricity produced by its members. (Author)

  15. Simulations show decreasing carbon stocks and potential for carbon emissions in Rocky Mountain forests over the next century.

    Science.gov (United States)

    Boisvenue, Céline; Running, Steven W

    2010-07-01

    Climate change has altered the environment in which forests grow, and climate change models predict more severe alterations to come. Forests have already responded to these changes, and the future temperature and precipitation scenarios are of foremost concern, especially in the mountainous western United States, where forests occur in the dry environments that interface with grasslands. The objective of this study was to understand the trade-offs between temperature and water controls on these forested sites in the context of available climate projections. Three temperature and precipitation scenarios from IPCC AR4 AOGCMs ranging in precipitation levels were input to the process model Biome-BGC for key forested sites in the northern U.S. Rocky Mountains. Despite the omission of natural and human-caused disturbances in our simulations, our results show consequential effects from these conservative future temperature and precipitation scenarios. According to these projections, if future precipitation and temperatures are similar to or drier than the dry scenario depicted here, high-elevation forests on both the drier and wetter sites, which have in the absence of disturbance accumulated carbon, will reduce their carbon accumulation. Under the marginally drier climate projections, most forests became carbon sources by the end of the simulation horizon (2089). Under all three scenarios, growing season lengthened, the number of days with snow on the ground decreased, peak snow occurred earlier, and water stress increased through the projection horizon (1950-2089) for all sites, which represent the temperature and precipitation spectrum of forests in this region. The quantity, form, and timing of precipitation ultimately drive the carbon accumulation trajectory of forests in this region.

  16. Improving efficiency in bilateral emission trading

    International Nuclear Information System (INIS)

    Burtraw, D.; Harrison, K.W.; Turner, P.

    1998-01-01

    When environmental damages from emissions are spatially nonuniform, permit trading has been modeled most often as a 'pollution offset program' in which emission permits are traded between agents, subject to constraints on ambient air quality. To date the institution envisioned to implement such a program involves trading on a bilateral and sequential basis. However, simulation studies indicate that the sequence of trades may alter the outcome and undermine the cost savings from a pollution offset program. This paper identifies a design for the trading institution that tends to overcome this phenomenon and improve the efficiency of equilibria obtained in a simulation model. We model a bilateral trading process for the reduction of sulfur dioxide emissions with a stochastic description of the sequence of trades within groups of nations in Europe. When trading takes place between disaggregated, stylistic representations of economic enterprises, rather than between national governments, a significantly greater portion of potential savings is achieved. In fact, under most sets of assumptions, approximate first order stochastic dominance is achieved wherein the more decentralized the trading agents, the greater the expected savings from a trading program. 4 figs., 2 tabs., 31 refs

  17. Emissions Trading: The Ugly Duckling in European Climate Policy?

    Energy Technology Data Exchange (ETDEWEB)

    Wraake, Markus

    2009-07-15

    The initial years of the European Union's Emissions Trading System (EU ETS) have provided a large-scale testing ground for trading of a new environmental commodity, carbon dioxide. This paper provides an overview of the origins and characteristics of the EU ETS. It then goes on to analyse the most contentious issues that have been discussed in the economics literature and in the public debate surrounding the trading system. The lessons learned are diverse and not all experiences are positive. Nevertheless, invaluable information has been gained from the EU ETS and policy makers in Europe and elsewhere would be wise to make use of it, be they supporters of emissions trading or sceptics to such policies. The paper concludes with a look toward the future, highlighting some upcoming revisions of the EU ETS and at what issues remain unresolved

  18. Soil organic carbon of an intensively reclaimed region in China: Current status and carbon sequestration potential.

    Science.gov (United States)

    Deng, Xunfei; Zhan, Yu; Wang, Fei; Ma, Wanzhu; Ren, Zhouqiao; Chen, Xiaojia; Qin, Fangjin; Long, Wenli; Zhu, Zhenling; Lv, Xiaonan

    2016-09-15

    Land reclamation has been highly intensive in China, resulting in a large amount of soil organic carbon (SOC) loss to the atmosphere. Evaluating the factors which drive SOC dynamics and carbon sequestration potential in reclaimed land is critical for improving soil fertility and mitigating global warming. This study aims to determine the current status and factors important to the SOC density in a typical reclaimed land located in Eastern China, where land reclamation has been undergoing for centuries. A total of 4746 topsoil samples were collected from 2007 to 2010. The SOC density of the reclaimed land (3.18±0.05kgCm(-2); mean±standard error) is significantly lower than that of the adjacent non-reclaimed land (5.71±0.04kgCm(-2)) (pcarbon sequestration potential of the reclaimed lands may achieve a maximum of 5.80±1.81kgCO2m(-2) (mean±SD) when dryland is converted to flooded land with vegetable-rice cropping system and soil pH of ~5.9. Note that in some scenarios the methane emission substantially offsets the carbon sequestration potential, especially for continuous rice cropping system. With the optimal setting for carbon sequestration, it is estimated that the dryland reclaimed in the last 50years in China is able to sequester 0.12milliontons CO2 equivalent per year. Copyright © 2016 Elsevier B.V. All rights reserved.

  19. Carbon reduction potentials of China's industrial parks: A case study of Suzhou Industry Park

    International Nuclear Information System (INIS)

    Wang, Hongsheng; Lei, Yue; Wang, Haikun; Liu, Miaomiao; Yang, Jie; Bi, Jun

    2013-01-01

    Industrial parks are the economic engines for many China regions, but they also consume a great deal of energy and emit greenhouse gases. However, few empirical studies have examined these special communities. We selected SIP (Suzhou Industrial Park) as a case study. Carbon emissions from SIP were accounted from the consumption perspective to analyze their characteristics. Results showed total carbon emissions grew 85.2% from 2005 to 2010, and carbon intensity (carbon emissions per unit of GDP (gross domestic product)) decreased by 9%. Scenario analysis was then used to depict emissions trajectories under three different pathways. The total carbon emissions and per capita carbon emissions for SIP will undoubtedly increase in the near future under a business-as-usual scenario, improved-policy scenario, and low-carbon scenario; the carbon intensity will decrease by 38% under low-carbon scenario, but it will still be difficult to reach the national mitigation target. In addition, geographic-boundary-based accounting methodology was applied for comparison analysis, carbon emissions show a large gap of 42.4–65.1% from 2005 to 2010, due to failure to account for cross-boundary emissions from imported electricity. Therefore, comprehensive analysis from a consumption perspective is necessary to provide a fair and comprehensive tool for China's local decision-makers to evaluate carbon mitigation potentials. - Highlights: ► Carbon reduction potentials of industrial parks, which are important communities in China, were analyzed. ► Comprehensive carbon emission inventories were developed for a China's industrial park. ► Policies were recommended for industrial parks to achieve low-carbon development target. ► Consumption-based emission inventory is necessary for local government to evaluate carbon reduction potentials

  20. Examination of forest products trade between Turkey and European ...

    African Journals Online (AJOL)

    The success of getting in the foreign trade forms one of the basic stones of economic development for countries. The current and potential trading volume among countries and determining the main factors affecting trade are quite important. The trade currents of the European Union (EU) countries and Turkey in the forest ...

  1. Estimating the National Carbon Abatement Potential of City Policies: A Data-Driven Approach

    Energy Technology Data Exchange (ETDEWEB)

    O' Shaughnessy, Eric [National Renewable Energy Lab. (NREL), Golden, CO (United States); Heeter, Jenny [National Renewable Energy Lab. (NREL), Golden, CO (United States); Keyser, David [National Renewable Energy Lab. (NREL), Golden, CO (United States); Gagnon, Pieter [National Renewable Energy Lab. (NREL), Golden, CO (United States); Aznar, Alexandra [National Renewable Energy Lab. (NREL), Golden, CO (United States)

    2016-10-01

    Cities are increasingly taking actions such as building code enforcement, urban planning, and public transit expansion to reduce emissions of carbon dioxide in their communities and municipal operations. However, many cities lack the quantitative information needed to estimate policy impacts and prioritize city actions in terms of carbon abatement potential and cost effectiveness. This report fills this research gap by providing methodologies to assess the carbon abatement potential of a variety of city actions. The methodologies are applied to an energy use data set of 23,458 cities compiled for the U.S. Department of Energy City Energy Profile tool. The analysis develops a national estimate of the carbon abatement potential of realizable city actions in six specific policy areas encompassing the most commonly implemented city actions. The results of this analysis suggest that, in aggregate, cities could reduce nationwide carbon emissions by about 210 million metric tons of carbon dioxide (MMT CO2) per year in a 'moderate abatement scenario' by 2035 and 480 MMT CO2/year in a 'high abatement scenario' by 2035 through these common actions typically within a city's control in the six policy areas. The aggregate carbon abatement potential of these specific areas equates to a reduction of 3%-7% relative to 2013 U.S. emissions. At the city level, the results suggest the average city could reduce carbon emissions by 7% (moderate) to 19% (high) relative to current city-level emissions. In the context of U.S. climate commitments under the 21st session of the Conference of the Parties (COP21), the estimated national abatement potential of the city actions analyzed in this report equates to about 15%-35% of the remaining carbon abatement necessary to achieve the U.S. COP21 target. Additional city actions outside the scope of this report, such as community choice aggregation (city-level purchasing of renewable energy), zero energy districts, and multi

  2. Ocean fertilization, carbon credits and the Kyoto Protocol

    Science.gov (United States)

    Westley, M. B.; Gnanadesikan, A.

    2008-12-01

    Commercial interest in ocean fertilization as a carbon sequestration tool was excited by the December 1997 agreement of the Kyoto Protocol to the United Nations Convention on Climate Change. The Protocol commits industrialized countries to caps on net greenhouse gas emissions and allows for various flexible mechanisms to achieve these caps in the most economically efficient manner possible, including trade in carbon credits from projects that reduce emissions or enhance sinks. The carbon market was valued at 64 billion in 2007, with the bulk of the trading (50 billion) taking place in the highly regulated European Union Emission Trading Scheme, which deals primarily in emission allowances in the energy sector. A much smaller amount, worth $265 million, was traded in the largely unregulated "voluntary" market (Capoor and Ambrosi 2008). As the voluntary market grows, so do calls for its regulation, with several efforts underway to set rules and standards for the sale of voluntary carbon credits using the Kyoto Protocol as a starting point. Four US-based companies and an Australian company currently seek to develop ocean fertilization technologies for the generation of carbon credits. We review these plans through the lens of the Kyoto Protocol and its flexible mechanisms, and examine whether and how ocean fertilization could generate tradable carbon credits. We note that at present, ocean sinks are not included in the Kyoto Protocol, and that furthermore, the Kyoto Protocol only addresses sources and sinks of greenhouse gases within national boundaries, making open-ocean fertilization projects a jurisdictional challenge. We discuss the negotiating history behind the limited inclusion of land use, land use change and forestry in the Kyoto Protocol and the controversy and eventual compromise concerning methodologies for terrestrial carbon accounting. We conclude that current technologies for measuring and monitoring carbon sequestration following ocean fertilization

  3. Factors affecting the carbon allowance market in the US

    Energy Technology Data Exchange (ETDEWEB)

    Kim, Hyun Seok; Koo, Won W. [Center for Agricultural Policy and Trade Studies, Department of Agribusiness and Applied Economics, North Dakota State University, Dept 7610, P.O. Box 6050, Fargo, ND 58103-6050 (United States)

    2010-04-15

    The US carbon allowance market has different characteristic and price determination process from the EU ETS market, since emitting installations voluntarily participate in emission trading scheme. This paper examines factors affecting the US carbon allowance market. An autoregressive distributed lag model is used to examine the short- and long-run relationships between the US carbon allowance market and its determinant factors. In the long-run, the price of coal is a main factor in the determination of carbon allowance trading. In the short-run, on the other hand, the changes in crude oil and natural gas prices as well as coal price have significant effects on carbon allowance market. (author)

  4. Factors affecting the carbon allowance market in the US

    International Nuclear Information System (INIS)

    Kim, Hyun Seok; Koo, Won W.

    2010-01-01

    The US carbon allowance market has different characteristic and price determination process from the EU ETS market, since emitting installations voluntarily participate in emission trading scheme. This paper examines factors affecting the US carbon allowance market. An autoregressive distributed lag model is used to examine the short- and long-run relationships between the US carbon allowance market and its determinant factors. In the long-run, the price of coal is a main factor in the determination of carbon allowance trading. In the short-run, on the other hand, the changes in crude oil and natural gas prices as well as coal price have significant effects on carbon allowance market.

  5. Carbon nanotubes buckypapers for potential transdermal drug delivery

    International Nuclear Information System (INIS)

    Schwengber, Alex; Prado, Héctor J.; Zilli, Darío A.; Bonelli, Pablo R.

    2015-01-01

    Drug loaded buckypapers based on different types of carbon nanotubes (CNTs) were prepared and characterized in order to evaluate their potentialities for the design of novel transdermal drug delivery systems. Lab-synthesized CNTs as well as commercial samples were employed. Clonidine hydrochloride was used as model drug, and the influence of composition of the drug loaded buckypapers and processing variables on in vitro release profiles was investigated. To examine the influence of the drug nature the evaluation was further extended to buckypapers prepared with flurbiprofen and one type of CNTs, their selection being based on the results obtained with the former drug. Scanning electronic microscopy images indicated that the model drugs were finely dispersed on the CNTs. Differential scanning calorimetry, and X-ray diffraction pointed to an amorphous state of both drugs in the buckypapers. A higher degree of CNT–drug superficial interactions resulted in a slower release of the drug. These interactions were in turn affected by the type of CNTs employed (single wall or multiwall CNTs), their functionalization with hydroxyl or carboxyl groups, the chemical structure of the drug, and the CNT:drug mass ratio. Furthermore, the application of a second layer of drug free CNTs on the loaded buckypaper, led to decelerate the drug release and to reduce the burst effect. - Highlights: • Drug loaded buckypapers from carbon nanotubes were prepared and characterized. • Their potentialities for transdermal drug delivery applications were evaluated. • Characteristics of carbon nanotubes and the structure of the drug affected release • A higher carbon nanotube:drug mass ratio decelerated release • Up to one week controlled release profiles were obtained for the drug flurbiprofen

  6. Carbon nanotubes buckypapers for potential transdermal drug delivery

    Energy Technology Data Exchange (ETDEWEB)

    Schwengber, Alex [PINMATE-Departamento de Industrias, Facultad de Ciencias Exactas y Naturales, Universidad de Buenos Aires, Ciudad Universitaria, C1428EGA Buenos Aires (Argentina); Prado, Héctor J. [PINMATE-Departamento de Industrias, Facultad de Ciencias Exactas y Naturales, Universidad de Buenos Aires, Ciudad Universitaria, C1428EGA Buenos Aires (Argentina); Cátedra de Tecnología Farmacéutica II, Departamento de Tecnología Farmacéutica, Facultad de Farmacia y Bioquímica, Universidad de Buenos Aires, Junín 956, C1113AAD Buenos Aires (Argentina); Consejo Nacional de Investigaciones Científicas y Técnicas (CONICET), Av. Rivadavia 1917, C1033AAJ Buenos Aires (Argentina); Zilli, Darío A. [PINMATE-Departamento de Industrias, Facultad de Ciencias Exactas y Naturales, Universidad de Buenos Aires, Ciudad Universitaria, C1428EGA Buenos Aires (Argentina); Bonelli, Pablo R. [PINMATE-Departamento de Industrias, Facultad de Ciencias Exactas y Naturales, Universidad de Buenos Aires, Ciudad Universitaria, C1428EGA Buenos Aires (Argentina); Consejo Nacional de Investigaciones Científicas y Técnicas (CONICET), Av. Rivadavia 1917, C1033AAJ Buenos Aires (Argentina); and others

    2015-12-01

    Drug loaded buckypapers based on different types of carbon nanotubes (CNTs) were prepared and characterized in order to evaluate their potentialities for the design of novel transdermal drug delivery systems. Lab-synthesized CNTs as well as commercial samples were employed. Clonidine hydrochloride was used as model drug, and the influence of composition of the drug loaded buckypapers and processing variables on in vitro release profiles was investigated. To examine the influence of the drug nature the evaluation was further extended to buckypapers prepared with flurbiprofen and one type of CNTs, their selection being based on the results obtained with the former drug. Scanning electronic microscopy images indicated that the model drugs were finely dispersed on the CNTs. Differential scanning calorimetry, and X-ray diffraction pointed to an amorphous state of both drugs in the buckypapers. A higher degree of CNT–drug superficial interactions resulted in a slower release of the drug. These interactions were in turn affected by the type of CNTs employed (single wall or multiwall CNTs), their functionalization with hydroxyl or carboxyl groups, the chemical structure of the drug, and the CNT:drug mass ratio. Furthermore, the application of a second layer of drug free CNTs on the loaded buckypaper, led to decelerate the drug release and to reduce the burst effect. - Highlights: • Drug loaded buckypapers from carbon nanotubes were prepared and characterized. • Their potentialities for transdermal drug delivery applications were evaluated. • Characteristics of carbon nanotubes and the structure of the drug affected release • A higher carbon nanotube:drug mass ratio decelerated release • Up to one week controlled release profiles were obtained for the drug flurbiprofen.

  7. Northern Latitude Afforestation: Quantifying Trade Offs Between Carbon Sequestration and Solar Forcing

    Science.gov (United States)

    Mykleby, P.; Snyder, P. K.; Twine, T. E.

    2012-12-01

    The planting of trees and forests has long been accepted as a practical and efficient method to sequester carbon dioxide from the atmosphere. Drastic measures are now needed to ensure that atmospheric levels of carbon dioxide (CO2) do not continue to rise and cause further planetary warming. However, recent studies have identified unintended biophysical feedbacks associated with land cover changes, especially in higher northern latitudes. The changes in surface reflectivity that occur when converting a lighter, more reflective surface, such as a grassland or bare soil, into a darker conifer forest, can result in surface warming due to the forest absorbing more shortwave radiation. This warming counteracts the cooling effect resulting from a reduction in atmospheric CO2 with increased vegetation productivity. This effect is further exacerbated in the higher northern latitudes where snow cover is prevalent during the long winter; the planting of trees can significantly decrease the reflectivity compared with white snow. The goal of this study is to determine whether the amount of carbon sequestered exceeds the carbon equivalent of the radiative forcing due to the change in surface reflectivity. Factors determining the net effect of these two competing forces are the local climate, the age of the forest, the amount of fractional cover and tree spacing within the forest, and the species of the forest. Previous modeling studies have attempted to determine the magnitude of these effects, but these studies have used coarse resolution climate models and unrealistic forest structure and dynamics. This study attempts to resolve these previous inaccuracies by incorporating a higher resolution model and more accurate representation of carbon dynamics in northern latitude forests. Here we present simulation results from the IBIS model, a dynamic global vegetation model, used to simulate the potential planting of large-area tree plantations in the northern United States and

  8. Are Emissions Trading Policies Sustainable? A Study of the Petrochemical Industry in Korea

    Directory of Open Access Journals (Sweden)

    Yongrok Choi

    2016-10-01

    Full Text Available In 2015, Korea inaugurated an emissions trading scheme (ETS. In this regard, many studies have considered the sustainable performance and efficiency of industries that emit carbon; however, few have examined ETS at company level. This paper focuses on companies’ data related to Korean ETS in the petrochemical industry. Based on the non-radial, nonparametric directional distance function (DDF, the paper evaluates the governance factors related to ETS policies and sustainable performance in terms of carbon technical efficiency (CTE, the shadow price of carbon emissions, and Morishima elasticity between the input and undesirable output of carbon emissions. Using a dual model, the paper shows that Korean ETS has huge potential for participating companies to improve CTE. If all companies consider the production possibility frontier, they could potentially improve efficiency by 52.8%. Further, Morishima elasticity shows strong substitutability between capital and energy, implying that green technology investment should bring a higher degree of energy-saving performance. Unfortunately, however, the market price of carbon emissions is far too low compared with its shadow price, suggesting that the Korean government’s price-oriented market intervention has resulted in the ETS producing poor sustainable performance. As the title suggests, ETS of Korea is not sustainable at the current stage, but with more efforts on the transition period, all the developing countries should support the governance factors of the ETS in terms of the more effective green investment with easier access to the green technology.

  9. Quantifying Trade-Offs Among Ecosystem Services, Biodiversity, and Agricultural Returns in an Agriculturally Dominated Landscape Under Future Land‑Management Scenarios

    Directory of Open Access Journals (Sweden)

    Emma C. Underwood

    2017-07-01

    Full Text Available https://doi.org/10.15447/sfews.2017v15iss2art4Change in land use in agriculturally dominated areas is often assumed to provide positive benefits for land-owners and financial agricultural returns at the expense of biodiversity and other ecosystem services. For an agriculturally dominated area in the Central Valley of California we quantify the trade-offs among ecosystem services, biodiversity, and the financial returns from agricultural lands. We do this by evaluating three different landscape management scenarios projected to 2050 compared to the current baseline: habitat restoration, urbanization, and enhanced agriculture. The restoration scenario benefited carbon storage services and increased landscape suitability for birds, and also decreased ecosystem disservices (nitrous oxide emissions, nitrogen leaching, although there was a trade-off in slightly lower financial agricultural returns. Under the urbanization scenario, carbon storage, suitability for birds, and agricultural returns were negatively affected. A scenario which enhanced agriculture, tailored to the needs of a key species of conservation concern (Swainson’s Hawk, Buteo swainsoni, presented the most potential for trade-offs. This scenario benefitted carbon storage and increased landscape suitability for the Swainson's Hawk as well as 15 other focal bird species. However, this scenario increased ecosystem disservices. These spatially explicit results, generated at a scale relevant to land management decision-makers in the Central Valley, provide valuable insight into managing for multiple benefits in the landscape and an approach for assessing future land-management decisions.

  10. Current and potential carbon stocks in Moso bamboo forests in China.

    Science.gov (United States)

    Li, Pingheng; Zhou, Guomo; Du, Huaqiang; Lu, Dengsheng; Mo, Lufeng; Xu, Xiaojun; Shi, Yongjun; Zhou, Yufeng

    2015-06-01

    Bamboo forests provide important ecosystem services and play an important role in terrestrial carbon cycling. Of the approximately 500 bamboo species in China, Moso bamboo (Phyllostachys pubescens) is the most important one in terms of distribution, timber value, and other economic values. In this study, we estimated current and potential carbon stocks in China's Moso bamboo forests and in their products. The results showed that Moso bamboo forests in China stored about 611.15 ± 142.31 Tg C, 75% of which was in the top 60 cm soil, 22% in the biomass of Moso bamboos, and 3% in the ground layer (i.e., bamboo litter, shrub, and herb layers). Moso bamboo products store 10.19 ± 2.54 Tg C per year. The potential carbon stocks reach 1331.4 ± 325.1 Tg C, while the potential C stored in products is 29.22 ± 7.31 Tg C a(-1). Our results indicate that Moso bamboo forests and products play a critical role in C sequestration. The information gained in this study will facilitate policy decisions concerning carbon sequestration and management of Moso bamboo forests in China. Copyright © 2015 Elsevier Ltd. All rights reserved.

  11. A competitive carbon emissions scheme with hybrid fiscal incentives: The evidence from a taxi industry

    International Nuclear Information System (INIS)

    Liu, Yang; Han, Liyan; Yin, Ziqiao; Luo, Kongyi

    2017-01-01

    As two major approaches to reduce carbon emissions, command-and-control instruments and market-based carbon trading systems have their own weaknesses. Our paper first proposes a type of endogenous equilibrium methodology to dynamically derive the industrial carbon emissions standards. At the equilibrium, the sum of all carbon assets and liabilities is zero in the considered industry. Moreover, the standards fall over time with low-carbon technological advance. Most importantly, combining Pigou's and Coase's ideas, we construct a fiscal instrument accounting for both carbon taxes and allowances based on the dynamically improved emissions standards and carbon trading prices. This “No revenue for government” method implements a self-operated ecology for carbon trading market. Finally, considering the “Waterloo” recession of carbon prices, we introduce an adjustment factor into the model, which generates a negative-feedback mechanism with carbon prices. To support our idea, we present the application to Beijing taxi industry in detail and raise relative policy implications based on the evidence. - Highlights: • Dynamic endogenous equilibrium standards for carbon emissions. • A public policy oriented market mechanism combining command-and-control instruments and carbon trading. • Hybrid incentives to emission reduction combining carbon taxes and allowances. • The adjustment coefficient generating a negative feedback mechanism with carbon prices.

  12. An interatomic potential model for carbonates allowing for polarization effects

    International Nuclear Information System (INIS)

    Birse, S.E.A.; Archer, T.D.; Dove, Martin T.; Cygan, Randall Timothy; Gale, Julian D.; Redern, Simon A.T.

    2003-01-01

    An empirical model for investigating the behavior of CaCO 3 polymorphs incorporating a shell model for oxygen has been created. The model was constructed by fitting to: the structure of aragonite and calcite; their elastic, static and high-frequency dielectric constants; phonon frequencies at the wave vectors (1/2 0 2) and (0 0 0) of calcite; and vibrational frequencies of the carbonate deformation modes of calcite. The high-pressure phase transition between calcite I and II is observed. The potentials for the CO 3 group were transferred to other carbonates, by refitting the interaction between CO 3 and the cation to both the experimental structures and their bulk modulus, creating a set of potentials for calculating the properties of a wide range of carbonate materials. Defect energies of substitutional cation defects were analyzed for calcite and aragonite phases. The results were rationalized by studying the structure of calcite and aragonite in greater detail.

  13. Carbon abatement potential of solar home systems in India and their cost reduction due to carbon finance

    International Nuclear Information System (INIS)

    Chaurey, A.; Kandpal, T.C.

    2009-01-01

    About 78 million rural households in India reportedly lack access to grid electricity. About 67 million of them use kerosene for lighting. Government of India is promoting the use of solar home systems (SHS) as one of the options for meeting lighting requirements in households in remote and less inhabited villages. About 363,399 SHS were reportedly disseminated across the country by December 2007. Apart from meeting the basic lighting need of the households, SHS also help in abating the emissions of green house gases (GHGs) by directly displacing the use of kerosene in households that currently use it for lighting. This study has attempted at estimating the CO 2 mitigation potential of SHS in India by studying the potential for their diffusion and the appropriate baseline. Subsequently, the scope for cost reduction to the user due to carbon finance, if received, is also studied. It is found that carbon finance could reduce the effective burden of SHS to the user by 19% if carbon prices were $10/tCO 2 and no transaction costs were involved in getting the carbon revenues. These benefits are also estimated for scenarios where transaction costs are incurred by the project proponent in getting the carbon benefits

  14. POWERNEXT Carbon statistics September 30, 2006

    International Nuclear Information System (INIS)

    2006-01-01

    This short document summarizes the statistics of Powernext Carbon, the European CO 2 trading market, for the July-September 2006 period: total market volume, daily average, highest, number and average size of trades, number of members, average closing price, variation, low and high traded. The monthly volumes and closing prices for the September 2005 - September 2006 era are summarized in a graphics. (J.S.)

  15. POWERNEXT Carbon statistics November 30, 2006

    International Nuclear Information System (INIS)

    2006-01-01

    This short document summarizes the statistics of Powernext Carbon, the European CO 2 trading market, for the September-November 2006 period: total market volume, daily average, highest, number and average size of trades, number of members, average closing price, variation, low and high traded. The monthly volumes and closing prices for the November 2005 - November 2006 era are summarized in a graphics. (J.S.)

  16. Powernext Carbon statistics - June 30, 2006

    International Nuclear Information System (INIS)

    2006-01-01

    This short document summarizes the statistics of Powernext Carbon, the European CO 2 quotas trading market, for the second quarter of 2006: total market volume, daily average, highest, number and average size of trades, number of members, average closing price, variation, low and high traded. The monthly volumes and closing prices from June 2005 to June 2006 are summarized in a graphics. (J.S.)

  17. POWERNEXT Carbon statistics October 31, 2006

    International Nuclear Information System (INIS)

    2006-01-01

    This short document summarizes the statistics of Powernext Carbon, the European CO 2 trading market, for the August-October 2006 period: total market volume, daily average, highest, number and average size of trades, number of members, average closing price, variation, low and high traded. The monthly volumes and closing prices for the October 2005 - October 2006 era are summarized in a graphics. (J.S.)

  18. Powernext Carbon statistics - May 31, 2006

    International Nuclear Information System (INIS)

    2006-01-01

    This short document summarizes the statistics of Powernext Carbon, the European CO 2 quotas trading market, for March, April and May 2006: total market volume, daily average, highest, number and average size of trades, number of members, average closing price, variation, low and high traded. The daily volume and closing price from June 2005 to May 2006 are summarized in a graphics. (J.S.)

  19. Dynamics and climate change mitigation potential of soil organic carbon sequestration.

    Science.gov (United States)

    Sommer, Rolf; Bossio, Deborah

    2014-11-01

    When assessing soil organic carbon (SOC) sequestration and its climate change (CC) mitigation potential at global scale, the dynamic nature of soil carbon storage and interventions to foster it should be taken into account. Firstly, adoption of SOC-sequestration measures will take time, and reasonably such schemes could only be implemented gradually at large-scale. Secondly, if soils are managed as carbon sinks, then SOC will increase only over a limited time, up to the point when a new SOC equilibrium is reached. This paper combines these two processes and predicts potential SOC sequestration dynamics in agricultural land at global scale and the corresponding CC mitigation potential. Assuming that global governments would agree on a worldwide effort to gradually change land use practices towards turning agricultural soils into carbon sinks starting 2014, the projected 87-year (2014-2100) global SOC sequestration potential of agricultural land ranged between 31 and 64 Gt. This is equal to 1.9-3.9% of the SRES-A2 projected 87-year anthropogenic emissions. SOC sequestration would peak 2032-33, at that time reaching 4.3-8.9% of the projected annual SRES-A2 emission. About 30 years later the sequestration rate would have reduced by half. Thus, SOC sequestration is not a C wedge that could contribute increasingly to mitigating CC. Rather, the mitigation potential is limited, contributing very little to solving the climate problem of the coming decades. However, we deliberately did not elaborate on the importance of maintaining or increasing SOC for sustaining soil health, agro-ecosystem functioning and productivity; an issue of global significance that deserves proper consideration irrespectively of any potential additional sequestration of SOC. Copyright © 2014 Elsevier Ltd. All rights reserved.

  20. The Kyoto Agreement: Trade and Design

    DEFF Research Database (Denmark)

    Svendsen, Gert Tinggaard

    1999-01-01

    The Kyoto Agreement from 1997 allows trade of CO2 emission quotas between the 38 industrialized countries which have committed themselves to an emission ceiling. However, it does not define how this potential trade system should be designed. The intention was to clarify these matters during the 1...

  1. Historical forest baselines reveal potential for continued carbon sequestration

    Science.gov (United States)

    Rhemtulla, Jeanine M.; Mladenoff, David J.; Clayton, Murray K.

    2009-01-01

    One-third of net CO2 emissions to the atmosphere since 1850 are the result of land-use change, primarily from the clearing of forests for timber and agriculture, but quantifying these changes is complicated by the lack of historical data on both former ecosystem conditions and the extent and spatial configuration of subsequent land use. Using fine-resolution historical survey records, we reconstruct pre-EuroAmerican settlement (1850s) forest carbon in the state of Wisconsin, examine changes in carbon after logging and agricultural conversion, and assess the potential for future sequestration through forest recovery. Results suggest that total above-ground live forest carbon (AGC) fell from 434 TgC before settlement to 120 TgC at the peak of agricultural clearing in the 1930s and has since recovered to approximately 276 TgC. The spatial distribution of AGC, however, has shifted significantly. Former savanna ecosystems in the south now store more AGC because of fire suppression and forest ingrowth, despite the fact that most of the region remains in agriculture, whereas northern forests still store much less carbon than before settlement. Across the state, continued sequestration in existing forests has the potential to contribute an additional 69 TgC. Reforestation of agricultural lands, in particular, the formerly high C-density forests in the north-central region that are now agricultural lands less optimal than those in the south, could contribute 150 TgC. Restoring historical carbon stocks across the landscape will therefore require reassessing overall land-use choices, but a range of options can be ranked and considered under changing needs for ecosystem services. PMID:19369213

  2. Review of Quantitative Monitoring Methodologies for Emissions Verification and Accounting for Carbon Dioxide Capture and Storage for California’s Greenhouse Gas Cap-and-Trade and Low-Carbon Fuel Standard Programs

    Energy Technology Data Exchange (ETDEWEB)

    Oldenburg, Curtis M. [Lawrence Berkeley National Lab. (LBNL), Berkeley, CA (United States). Earth Sciences Division; Birkholzer, Jens T. [Lawrence Berkeley National Lab. (LBNL), Berkeley, CA (United States). Earth Sciences Division

    2014-12-23

    The Cap-and-Trade and Low Carbon Fuel Standard (LCFS) programs being administered by the California Air Resources Board (CARB) include Carbon Dioxide Capture and Storage (CCS) as a potential means to reduce greenhouse gas (GHG) emissions. However, there is currently no universal standard approach that quantifies GHG emissions reductions for CCS and that is suitable for the quantitative needs of the Cap-and-Trade and LCFS programs. CCS involves emissions related to the capture (e.g., arising from increased energy needed to separate carbon dioxide (CO2) from a flue gas and compress it for transport), transport (e.g., by pipeline), and storage of CO2 (e.g., due to leakage to the atmosphere from geologic CO2 storage sites). In this project, we reviewed and compared monitoring, verification, and accounting (MVA) protocols for CCS from around the world by focusing on protocols specific to the geologic storage part of CCS. In addition to presenting the review of these protocols, we highlight in this report those storage-related MVA protocols that we believe are particularly appropriate for CCS in California. We find that none of the existing protocols is completely appropriate for California, but various elements of all of them could be adopted and/or augmented to develop a rigorous, defensible, and practical surface leakage MVA protocol for California. The key features of a suitable surface leakage MVA plan for California are that it: (1) informs and validates the leakage risk assessment, (2) specifies use of the most effective monitoring strategies while still being flexible enough to accommodate special or site-specific conditions, (3) quantifies stored CO2, and (4) offers defensible estimates of uncertainty in monitored properties. California’s surface leakage MVA protocol needs to be applicable to the main CO2 storage opportunities (in California and in other states with entities participating in California

  3. The cross-border opportunity on how to enhance Canada-US energy trade : Panel 3 : toward seamless trade in power and emission reductions

    International Nuclear Information System (INIS)

    LeCroy, J.; Rudgers, N.; McCuaig, P.

    2006-01-01

    This third panel discussion on seamless trade in power and emissions reductions addressed the impact of energy issues on agriculture. In particular, it focused on biomass as an energy source to address the need to reduce carbon dioxide emissions to the atmosphere. Although ethanol, biodiesel and other biomass are not going to completely replace petroleum in the near future, renewables such as biomass, wind, solar and geothermal energy sources will be part of the energy mix. It was noted that biomass can be produced in abundance in North America. In addition to being renewable and carbon neutral, biomass can be used in existing transportation/stationary fuels infrastructure. It was suggested that growing energy crops such as corn, soybeans, switchgrass and short-rotation woody crops represent the best potential to bring under-utilized agricultural lands back into productive use. The power industry's interest in biomass was also discussed. The Department of Energy has estimated that using syngas from biomass for fuel cells can be cost competitive with natural gas at current prices. The discussion also addressed the role of biomass in the 13-state Regional Greenhouse Gas Initiative (RGGI) which was launched to limit and reduce carbon dioxide emissions from the Mid-Atlantic and New England states. 7 figs

  4. Stillinger-Weber potential for elastic and fracture properties in graphene and carbon nanotubes

    Science.gov (United States)

    Hossain, M. Z.; Hao, T.; Silverman, B.

    2018-02-01

    This paper presents a new framework for determining the Stillinger-Weber (SW) potential parameters for modeling fracture in graphene and carbon nanotubes. In addition to fitting the equilibrium material properties, the approach allows fitting the potential to the forcing behavior as well as the mechanical strength of the solid, without requiring ad hoc modification of the nearest-neighbor interactions for avoiding artificial stiffening of the lattice at larger deformation. Consistent with the first-principles results, the potential shows the Young’s modulus of graphene to be isotropic under symmetry-preserving and symmetry-breaking deformation conditions. It also shows the Young’s modulus of carbon nanotubes to be diameter-dependent under symmetry-breaking loading conditions. The potential addresses the key deficiency of existing empirical potentials in reproducing experimentally observed glass-like brittle fracture in graphene and carbon nanotubes. In simulating the entire deformation process leading to fracture, the SW-potential costs several factors less computational time compared to the state-of-the-art interatomic potentials that enables exploration of the fracture processes in large atomistic systems which are inaccessible otherwise.

  5. Tailings and mineral carbonation : the potential for atmospheric CO{sub 2} sequestration

    Energy Technology Data Exchange (ETDEWEB)

    Rollo, H.A. [Lorax Environmental Services Ltd., Vancouver, BC (Canada); Jamieson, H.E. [Queen' s Univ., Kingston, ON (Canada). Dept. of Geological Sciences and Geological Engineering; Lee, C.A. [Dillon Consulting Ltd., Cambridge, ON (Canada)

    2009-02-15

    Carbon dioxide (CO{sub 2}) sequestration includes geological storage, ocean storage, organic storage, and mineral storage (mineral carbonation). This presentation discussed tailings and mineral carbonation and the potential for atmospheric CO{sub 2} sequestration. In particular, it outlined CO{sub 2} sequestration and presented a history of investigations. The Ekati Diamond Mine was discussed with particular reference to its location, geology, and processing. Other topics that were presented included mineralogy; water chemistry; modeling results; and estimates of annual CO{sub 2} sequestration. Conclusions and implications were also presented. It was concluded that ore processing at mines with ultramafic host rocks have the potential to partially offset CO{sub 2} emissions. In addition, it was found that existing tailings at ultramafic deposits may be viable source materials for CO{sub 2} sequestration by mineral carbonation. tabs., figs.

  6. Carbon offset potentials and design: Anticipating future public policy

    International Nuclear Information System (INIS)

    Trexler, M.C.; Kosloff, L.H.; Gowen, M.

    1994-01-01

    Carbon offsets offer CO 2 emitters the opportunity to compensate for some proportion of their CO 2 emissions through the pursuit of emissions reduction or carbon sequestration projects beyond their own operational boundaries. The flexibility to pursue carbon offsets ''off-site'' can dramatically reduce the costs of achieving a given net emissions reduction. The future role of carbon offsets, however, continues to be a topic of considerable debate. Several processes are currently under way nationally and internationally that will help shape this role. This paper discusses how alternative policy outcomes could encourage or restrict the viability of carbon offsets as a component of corporate climate change mitigation portfolios and proposes criteria by which projects should be evaluated prior to the finalization of national or international policy frameworks. Based on these outcomes, the potential for offsets could be very large or very modest. It is vital that policy development in the offset arena account for the still voluntary nature of mitigation efforts and that the objective of climate change mitigation not be forgotten in the push for offset rules and regulations. At the same time, carbon offsets are far from a panacea for climate change mitigation and should be evaluated in the context of a larger global mitigation portfolio

  7. Hijacked organic, limited local, faulty fair trade: what's a radical to eat?

    Science.gov (United States)

    Engler, Mark

    2012-01-01

    Organic farming has been hijacked by big business. Local food can have a larger carbon footprint than products shipped in from overseas. Fair trade doesn't address the real concerns of farmers in the global South. As the food movement has moved from the countercultural fringe to become a mainstream phenomenon, organic, local, and fair trade advocates have been beset by criticism from overt foes and erstwhile allies alike. Now that Starbucks advertises fair trade coffee and Kraft owns Boca soy burgers, it's fair to ask, "What's a radical to eat?"

  8. Saving emissions trading from irrelevance

    International Nuclear Information System (INIS)

    Tindale, Stephen

    2013-01-01

    Uncontrolled climate change is the greatest risk that humanity faces. The main burden will fall on developing countries, particularly in sub-Saharan Africa. But Europe and its residents will also be damaged in many ways, including extreme weather, heat waves, and the spread of tropical diseases. Climate change is a quintessentially global challenge. If pollution shifts from one part of the world to another - from Europe to China, for example - the global climate is no better off. The main EU climate policy, the Emissions Trading System, now stipulates such a low carbon price that it has become essentially irrelevant. The European Commission should propose a Europe-wide carbon price floor of euro 30 per tonne, high enough to influence investment decisions and encourage energy efficiency and low-carbon energy supply. The Commission should also propose border tax adjustments, with the revenue returned to the country of origin

  9. Revenue, welfare and trade effects of European Union Free Trade Agreement on South Africa

    Directory of Open Access Journals (Sweden)

    Kore M.A. Guei

    2017-10-01

    result in both trade creation and trade expansion effects. However, trade creation and revenue loss are potential threats. In order to mitigate revenue loss, government needs to consider alternative tax such as consumption tax on certain goods and value-added tax.

  10. The External Trade of Romania: Evolution Trends

    Directory of Open Access Journals (Sweden)

    Botescu Ion

    2017-01-01

    On top of these, a series of negative impact events such as wars or crises have overlapped. Despite all the investment efforts made, the impact of Romania’s economic development on foreign trade was limited during the socialist era. As regards the volume of foreign trade, the trade balance, the structure of exports and imports, the value of exports per capita, Romania’s evolution was generally modest. Practically, with some exceptions, Romania’s involvement in international trade was below the economic potential of our country throughout the analyzed period.

  11. FORMAL TRADE BETWEEN INDIA AND BANGLADESH: AN EMPIRICAL ANALYSIS

    Directory of Open Access Journals (Sweden)

    S. K.S. YADAV

    2016-08-01

    Full Text Available The importance of improving trade flows between India and Bangladesh is not only beneficial to them, but for the whole SAARC region, given that Bhutan and Nepal utilise Bangladesh ports as gateways to trade outside the region. Bangladesh’s overall exports are dominated by labour-intensive manufacturing and its imports to India by primary commodities. The shares of manufactured goods in country’s overall export were about 92 and 91 percent in 2001 and 2011 respectively. However, the composition of bilateral trade between these two countries has been changing over time. Addition and removal in the list of products of trade basket is a usual process. Consistent products in the trade basket of Bangladesh are ready made garments and sea food, whereas those of India are raw cotton, cereals and products and machinery of iron and steel. Expansion of trade of these countries with outside world, but not with each other confirms the prevalence of certain barriers, physical or non-physical in nature, rendering many potential products remain untraded. India and Bangladesh being geographically proximate to each other possess huge scope to trade. Specifically as both the countries are rich in natural resources and are competent in the production of small-scale manufacturing and agrarian supplies, mostly from the eastern parts of India and Bangladesh, both possess huge potential for bilateral trade. Many items having high trade potential are still not able to get market exposure in the neighbouring country because of various non-tariff barriers prevailing in current trade scenario, which have hiked up the cost of doing business to unacceptable proportions and as most of the highly tradable products are still kept under the sensitive lists of Bangladesh. There are numerous bottlenecks in the current trade infrastructure which turns out to be physical barrier to trade. The present paper highlights the import export and Exchange Rate change and prospects of

  12. Estimation of organic carbon loss potential in north of Iran

    Science.gov (United States)

    Shahriari, A.; Khormali, F.; Kehl, M.; Welp, G.; Scholz, Ch.

    2009-04-01

    The development of sustainable agricultural systems requires techniques that accurately monitor changes in the amount, nature and breakdown rate of soil organic matter and can compare the rate of breakdown of different plant or animal residues under different management systems. In this research, the study area includes the southern alluvial and piedmont plains of Gorgan River extended from east to west direction in Golestan province, Iran. Samples from 10 soil series and were collected from cultivation depth (0-30 cm). Permanganate-oxidizable carbon (POC) an index of soil labile carbon, was used to show soil potential loss of organic carbon. In this index shows the maximum loss of OC in a given soil. Maximum loss of OC for each soil series was estimated through POC and bulk density (BD). The potential loss of OC were estimated between 1253263 and 2410813 g/ha Carbon. Stable organic constituents in the soil include humic substances and other organic macromolecules that are intrinsically resistant against microbial attack, or that are physically protected by adsorption on mineral surfaces or entrapment within clay and mineral aggregates. However, the (Clay + Silt)/OC ratio had a negative significant (p < 0.001) correlation with POC content, confirming the preserving effect of fine particle.

  13. Powernext Carbon statistics - August 31, 2005

    International Nuclear Information System (INIS)

    2005-01-01

    This short document summarizes the statistics of Powernext Carbon, the European CO 2 quotas trading market, for June, July and August 2005: total market volume, daily average, highest, number and average size of trades, number of members, average closing price, variation, low and high traded. The daily volume and closing price from June 2005 to August 2005 are summarized in a graphics and a members list is supplied. (J.S.)

  14. Powernext Carbon statistics - March 31, 2006

    International Nuclear Information System (INIS)

    2006-01-01

    This short document summarizes the statistics of Powernext Carbon, the European CO 2 quotas trading market, for the first quarter of 2006: total market volume, daily average, highest, number and average size of trades, number of members, average closing price, variation, low and high traded. The daily volume and closing price from June 2005 to March 2006 are summarized in a graphics and a members list is supplied. (J.S.)

  15. Powernext Carbon statistics - November 30, 2005

    International Nuclear Information System (INIS)

    2005-01-01

    This short document summarizes the statistics of Powernext Carbon, the European CO 2 quotas trading market, for September, October and November 2005: total market volume, daily average, highest, number and average size of trades, number of members, average closing price, variation, low and high traded. The daily volume and closing price from June 2005 to November 2005 are summarized in a graphics and a members list is supplied. (J.S.)

  16. Powernext Carbon statistics - February 28, 2006

    International Nuclear Information System (INIS)

    2006-01-01

    This short document summarizes the statistics of Powernext Carbon, the European CO 2 quotas trading market, for December 2005 and January-February 2006: total market volume, daily average, highest, number and average size of trades, number of members, average closing price, variation, low and high traded. The daily volume and closing price from June 2005 to February 2005 are summarized in a graphics and a members list is supplied. (J.S.)

  17. Powernext Carbon statistics - October 31, 2005

    International Nuclear Information System (INIS)

    2005-01-01

    This short document summarizes the statistics of Powernext Carbon, the European CO 2 quotas trading market, for August, September and October 2005: total market volume, daily average, highest, number and average size of trades, number of members, average closing price, variation, low and high traded. The daily volume and closing price from June 2005 to November 2005 are summarized in a graphics and a members list is supplied. (J.S.)

  18. Active control of methanol carbonylation selectivity over Au/carbon anode by electrochemical potential.

    Science.gov (United States)

    Funakawa, Akiyasu; Yamanaka, Ichiro; Otsuka, Kiyoshi

    2005-05-12

    Electrochemical oxidative carbonylation of methanol was studied over Au supported carbon anode in CO. The major carbonylation products were dimethyl oxalate (DMO) and dimethyl carbonate (DMC). The minor oxidation products were dimethoxy methane (DMM) and methyl formate (MF) from methanol and CO(2). Influences of various reaction conditions were studied on carbonylation activities and selectivities. The selectivities to DMO and DMC can be controlled by the electrochemical potential. Electrocatalysis of Au/carbon anode was studied by cyclic voltammetry (CV), stoichiometric reactions among Au(3+), methanol, and CO, and UV-vis spectra. The Au/carbon anode was characterized by XRD, SEM, and BE images before and after the carbonylation. These experimental facts strongly suggest that transition of oxidation states of Au affects changing of the carbonylation selectivities to DMO and DMC. Au(0) is the active species for the selective DMO formation by direct electrochemical carbonylation at low potentials (selective DMC formation by indirect electrochemical carbonylation through Au(3+)/Au(+) redox at high potentials (>+1.3 V).

  19. Generating carbon finance through avoided deforestation and its potential to create climatic, conservation and human development benefits.

    Science.gov (United States)

    Ebeling, Johannes; Yasué, Maï

    2008-05-27

    Recent proposals to compensate developing countries for reducing emissions from deforestation (RED) under forthcoming climate change mitigation regimes are receiving increasing attention. Here we demonstrate that if RED credits were traded on international carbon markets, even moderate decreases in deforestation rates could generate billions of Euros annually for tropical forest conservation. We also discuss the main challenges for a RED mechanism that delivers real climatic benefits. These include providing sufficient incentives while only rewarding deforestation reductions beyond business-as-usual scenarios, addressing risks arising from forest degradation and international leakage, and ensuring permanence of emission reductions. Governance may become a formidable challenge for RED because some countries with the highest RED potentials score poorly on governance indices. In addition to climate mitigation, RED funds could help achieve substantial co-benefits for biodiversity conservation and human development. However, this will probably require targeted additional support because the highest biodiversity threats and human development needs may exist in countries that have limited income potentials from RED. In conclusion, how successfully a market-based RED mechanism can contribute to climate change mitigation, conservation and development will strongly depend on accompanying measures and carefully designed incentive structures involving governments, business, as well as the conservation and development communities.

  20. Incomplete coexistence systems and international food trade impacts.

    Science.gov (United States)

    Smyth, Stuart J; Phillips, Peter W B

    2015-12-01

    Trade disruptions have been both common and costly for the few GM crops that are produced and marketed. We use a range of adoption studies (compiled by Smyth et al. in Handbook on Agriculture, Biotechnology and Development, Edward Elgar Publishing Ltd, Cheltenham, 2014a), regulatory data and production and trade data to quantify the scale for low level presence incidents. To gain a full perspective on the potential scale of this problem in coming years, we use a combination of recent GM trait commercialization studies and corporate pipeline analysis to identify which traits are planned for which products and the countries in which the technology is likely to be commercialized. Their potential impact will be a result of the intended markets, the regulatory process (especially asynchronous decisions) and the scale and scope of trade in those products. Finally, the article examines the potential for some existing trade and industry institutions to manage the inherent risks of uncertain markets and market impacts.

  1. The NASA Carbon Monitoring System

    Science.gov (United States)

    Hurtt, G. C.

    2015-12-01

    Greenhouse gas emission inventories, forest carbon sequestration programs (e.g., Reducing Emissions from Deforestation and Forest Degradation (REDD and REDD+), cap-and-trade systems, self-reporting programs, and their associated monitoring, reporting and verification (MRV) frameworks depend upon data that are accurate, systematic, practical, and transparent. A sustained, observationally-driven carbon monitoring system using remote sensing data has the potential to significantly improve the relevant carbon cycle information base for the U.S. and world. Initiated in 2010, NASA's Carbon Monitoring System (CMS) project is prototyping and conducting pilot studies to evaluate technological approaches and methodologies to meet carbon monitoring and reporting requirements for multiple users and over multiple scales of interest. NASA's approach emphasizes exploitation of the satellite remote sensing resources, computational capabilities, scientific knowledge, airborne science capabilities, and end-to-end system expertise that are major strengths of the NASA Earth Science program. Through user engagement activities, the NASA CMS project is taking specific actions to be responsive to the needs of stakeholders working to improve carbon MRV frameworks. The first phase of NASA CMS projects focused on developing products for U.S. biomass/carbon stocks and global carbon fluxes, and on scoping studies to identify stakeholders and explore other potential carbon products. The second phase built upon these initial efforts, with a large expansion in prototyping activities across a diversity of systems, scales, and regions, including research focused on prototype MRV systems and utilization of COTS technologies. Priorities for the future include: 1) utilizing future satellite sensors, 2) prototyping with commercial off-the-shelf technology, 3) expanding the range of prototyping activities, 4) rigorous evaluation, uncertainty quantification, and error characterization, 5) stakeholder

  2. Chemical production from waste carbon monoxide: its potential for energy conservation

    Energy Technology Data Exchange (ETDEWEB)

    Rohrmann, C.A.; Schiefelbein, G.F.; Molton, P.M.; Li, C.T.; Elliott, D.C.; Baker, E.G.

    1977-11-01

    Results of a study of the potential for energy conservation by producing chemicals from by-product or waste carbon monoxide (CO) from industrial sources are summarized. Extensive compilations of both industrial sources and uses for carbon monoxide were developed and included. Reviews of carbon monoxide purification and concentration technology and preliminary economic evaluations of carbon monoxide concentration, pipeline transportation and utilization of CO in the synthesis of ammonia and methanol are included. Preliminary technical and economic feasibility studies were made of producing ammonia and methanol from the by-product CO produced by a typical elemental phosphorus plant. Methanol synthesis appears to be more attractive than ammonia synthesis when using CO feedstock because of reduced water gas shift and carbon dioxide removal requirements. The economic studies indicate that methanol synthesis from CO appears to be competitive with conventional technology when the price of natural gas exceeds $0.82/million Btu, while ammonia synthesis from CO is probably not competitive until the price of natural gas exceeds $1.90/million Btu. It is concluded that there appears to be considerable potential for energy conservation in the chemical industry, by collecting CO rather than flaring it, and using it to make major chemicals such as ammonia and methanol.

  3. Anonymous electronic trading versus floor trading

    OpenAIRE

    Franke, Günter; Hess, Dieter

    1995-01-01

    This paper compares the attractiveness of floor trading and anonymous electronic trading systems. It is argued that in times of low information intensity the insight into the order book of the electronic trading system provides more valuable information than floor trading, but in times of high information intensity the reverse is true. Thus, the electronic system's market share in trading activity should decline in times of high information intensity. This hypothesis is tested by data on BUND...

  4. The timeline of trading frictions in the European carbon market

    International Nuclear Information System (INIS)

    Medina, Vicente; Pardo, Ángel; Pascual, Roberto

    2014-01-01

    During its trial phase (Phase I), the EU Greenhouse Gas Emission Trading Scheme (EU-ETS) collapsed because of an over-allocation of emission allowances. We evaluate the progress of this market from the trial phase to the next commitment period (Phase II) from a microstructure angle. We show that trading frictions, as measured by the relative spread, information-asymmetry risk, and market-making profits decreased from Phase I to Phase II. Although volatility decreased, its noise-related component gained in importance at the expense of its information-related component, resulting in lower quality of the price changes. - Highlights: • We compare Phases I and II of the EU-ETS from a microstructure angle. • Phase II shows lower spreads, information-asymmetry risk and market making profits. • The contribution of noise to the volatility of prices increased during Phase II

  5. Cross-Country Electricity Trade, Renewable Energy and European Transmission Infrastructure Policy

    OpenAIRE

    Abrell, Jan; Rausch, Sebastian

    2016-01-01

    This paper develops a multi-country multi-sector general equilibrium model, integrating high-frequency electricity dispatch and trade decisions, to study the e ects of electricity transmission infrastructure (TI) expansion and re- newable energy (RE) penetration in Europe for gains from trade and carbon dioxide emissions in the power sector. TI can bene t or degrade environ- mental outcomes, depending on RE penetration: it complements emissions abatement by mitigating dispatch problems associ...

  6. The market for carbon in the USA

    International Nuclear Information System (INIS)

    Oudshoff, B.

    2008-01-01

    Greenhouse gas emission trading in the United States (US) is becoming an increasingly important topic in national politics and trade and industry. There are many developments in legislation and regulation, varying from proposals for a carbon tax in California to discussions in the White House concerning the Lieberman-Warner Bill. Moreover, increasingly more voluntary initiatives and carbon markets are started up. According to a recent study of Point Carbon, the market amounted to 60 billion USD for 2.7 billion tons CO2 in 2007, which is an 80% increase compared to 2006. This article provides an overview of the main developments in the US in this area. [mk] [nl

  7. Chemically treated carbon black waste and its potential applications

    Energy Technology Data Exchange (ETDEWEB)

    Dong, Pengwei; Maneerung, Thawatchai; Ng, Wei Cheng; Zhen, Xu [NUS Environmental Research Institute, National University of Singapore, 1 Create Way, Create Tower #15-02, 138602 (Singapore); Dai, Yanjun [School of Mechanical Engineering, Shanghai Jiao Tong University, Shanghai 200240 (China); Tong, Yen Wah [NUS Environmental Research Institute, National University of Singapore, 1 Create Way, Create Tower #15-02, 138602 (Singapore); Department of Chemical and Biomolecular Engineering, National University of Singapore, 4 Engineering Drive 4, 117585 (Singapore); Ting, Yen-Peng [Department of Chemical and Biomolecular Engineering, National University of Singapore, 4 Engineering Drive 4, 117585 (Singapore); Koh, Shin Nuo [Sembcorp Industries Ltd., 30 Hill Street #05-04, 179360 (Singapore); Wang, Chi-Hwa, E-mail: chewch@nus.edu.sg [Department of Chemical and Biomolecular Engineering, National University of Singapore, 4 Engineering Drive 4, 117585 (Singapore); Neoh, Koon Gee, E-mail: chenkg@nus.edu.sg [Department of Chemical and Biomolecular Engineering, National University of Singapore, 4 Engineering Drive 4, 117585 (Singapore)

    2017-01-05

    Highlights: • Hazardous impurities separated from carbon black waste with little damage to solid. • Heavy metals were effectively removed from carbon black waste by HNO{sub 3} leaching. • Treated carbon black waste has high adsorption capacity (∼356.4 mg{sub dye}/g). • Carbon black waste was also found to show high electrical conductivity (10 S/cm). - Abstract: In this work, carbon black waste – a hazardous solid residue generated from gasification of crude oil bottom in refineries – was successfully used for making an absorbent material. However, since the carbon black waste also contains significant amounts of heavy metals (especially nickel and vanadium), chemical leaching was first used to remove these hazardous impurities from the carbon black waste. Acid leaching with nitric acid was found to be a very effective method for removal of both nickel and vanadium from the carbon black waste (i.e. up to 95% nickel and 98% vanadium were removed via treatment with 2 M nitric acid for 1 h at 20 °C), whereas alkali leaching by using NaOH under the same condition was not effective for removal of nickel (less than 10% nickel was removed). Human lung cells (MRC-5) were then used to investigate the toxicity of the carbon black waste before and after leaching. Cell viability analysis showed that the leachate from the original carbon black waste has very high toxicity, whereas the leachate from the treated samples has no significant toxicity. Finally, the efficacy of the carbon black waste treated with HNO{sub 3} as an absorbent for dye removal was investigated. This treated carbon black waste has high adsorption capacity (∼361.2 mg {sub dye}/g {sub carbonblack}), which can be attributed to its high specific surface area (∼559 m{sup 2}/g). The treated carbon black waste with its high adsorption capacity and lack of cytotoxicity is a promising adsorbent material. Moreover, the carbon black waste was found to show high electrical conductivity (ca. 10 S

  8. Trade-offs between three forest ecosystem services across the state of New Hampshire, USA: timber, carbon, and albedo.

    Science.gov (United States)

    Lutz, David A; Burakowski, Elizabeth A; Murphy, Mackenzie B; Borsuk, Mark E; Niemiec, Rebecca M; Howarth, Richard B

    2016-01-01

    Forests are more frequently being managed to store and sequester carbon for the purposes of climate change mitigation. Generally, this practice involves long-term conservation of intact mature forests and/or reductions in the frequency and intensity of timber harvests. However, incorporating the influence of forest surface albedo often suggests that long rotation lengths may not always be optimal in mitigating climate change in forests characterized by frequent snowfall. To address this, we investigated trade-offs between three ecosystem services: carbon storage, albedo-related radiative forcing, and timber provisioning. We calculated optimal rotation length at 498 diverse Forest Inventory and Analysis forest sites in the state of New Hampshire, USA. We found that the mean optimal rotation lengths across all sites was 94 yr (standard deviation of sample means = 44 yr), with a large cluster of short optimal rotation lengths that were calculated at high elevations in the White Mountain National Forest. Using a regression tree approach, we found that timber growth, annual storage of carbon, and the difference between annual albedo in mature forest vs. a post-harvest landscape were the most important variables that influenced optimal rotation. Additionally, we found that the choice of a baseline albedo value for each site significantly altered the optimal rotation lengths across all sites, lowering the mean rotation to 59 yr with a high albedo baseline, and increasing the mean rotation to 112 yr given a low albedo baseline. Given these results, we suggest that utilizing temperate forests in New Hampshire for climate mitigation purposes through carbon storage and the cessation of harvest is appropriate at a site-dependent level that varies significantly across the state.

  9. Are carbon credits effective?

    International Nuclear Information System (INIS)

    Anon.

    2010-01-01

    Is it possible to reduce greenhouse gas emissions by assigning a value to CO 2 ? That's the concept behind carbon credits. Their advantage: they set targets but let companies decide how to meet them. Of all the processes that can be used to reduce air pollution, the cap and trade system is the best way to meet global targets on a national or continental scale. The system's efficiency is based on setting a ceiling for emissions: this is the cap. The emissions quotas are negotiable goods that can be traded on a market: this is the 'trade'. No company can exceed its quotas, but it can choose how to meet them: decreasing its emissions by changing its production processes, buying carbon credits sold by companies that have exceeded their targets, or using clean development mechanisms. For a carbon credit system to function correctly on an economic level, it's essential to meet one condition: don't allocate too many emissions quotas to the companies involved. If they receive too many quotas, it's not hard for them to meet their objectives without changing their production processes. The supply of carbon credits currently exceeds demand. The price per ton of CO 2 is collapsing, and companies that have exceeded their targets are not rewarded for their efforts. Efficient though it may be, the cap and trade system cannot be the only way to fight CO 2 emissions. In Europe, it presently covers 40% of the CO 2 emissions by targeting utilities and industries that consume the most fossil fuels. But it cannot be extended to some sectors where pollution is diffuse. In transportation, for example, it's not possible to impose such a requirement. For that sector, as well as for the building sector, a suitable system of taxes might be effective and incentive

  10. Clean Carbon Communism

    African Journals Online (AJOL)

    Administrator

    2008-05-07

    May 7, 2008 ... failure are especially dire for the downtrodden masses in the most vulnerable societies. ... that carbon trading has become exceedingly profitable for polluting .... 1 : Energy industries (renewable - / non-renewable sources).

  11. Opportunity for peri-urban Perth groundwater trade

    Science.gov (United States)

    Gao, Lei; Connor, Jeff; Doble, Rebecca; Ali, Riasat; McFarlane, Don

    2013-07-01

    Groundwater trade is widely advocated for reallocating scarce groundwater resources between competing users, and managing over-allocated and declining aquifers. However, groundwater markets are still in their infancy, and the potential benefits and opportunities need investigation, particularly where there is a need to reduce the extraction from declining aquifers. This article evaluates economic impacts of reducing groundwater extraction for irrigation use in peri-urban Perth, Australia, where irrigation, a lake-based ecosystem, and public water supply are highly dependent on a declining groundwater resource. We present an assessment of market-based water trading approaches to reduce groundwater extraction with an economic model representing diversity in returns to groundwater use across a population of irrigators. The results indicate that potential economic costs of a proportional reduction in available groundwater for irrigation are 18-21% less if groundwater trade is possible. We also evaluate a water buyback from irrigation to provide public water supply as an alternative to new infrastructure. We find that buying back up to around 50% of current irrigation allocations could create new public water supply only at the cost of 0.32-0.39 million per GL, which is less than one fifth of the costs of new desalinisation or recycled water supply options (2-3 million per GL). We conclude that, with rapid development of computer and internet based trading platforms that allows fast, efficient and low cost multiple party trading, it is increasingly feasible to realise the economic potentials of market-based trade approaches for managing overexploited aquifers.

  12. Estimation of the Carbon Footprint and Global Warming Potential in Rice Production Systems

    International Nuclear Information System (INIS)

    Dastan, S.; Soltani, F.; Noormohamadi, G.; Madani, H.; Yadi, R.

    2016-01-01

    Optimal management approaches can be adopted in order to increase crop productivity and lower the carbon footprint of grain products. The objective of this study was to estimate the carbon (C) footprint and global warming potential of rice production systems. In this experiment, rice production systems (including SRI, improved and conventional) were studied. All activities, field operations and data in production methods and at different input rates were monitored and recorded during 2012. Results showed that average global warming potential across production systems was equal to 2803.25 kg CO 2 -eq ha-1. The highest and least global warming potential were observed in the SRI and conventional systems, respectively. global warming potential per unit energy input was the least and most in SRI and conventional systems, respectively. Also, the SRI and conventional systems had the maximum and minimum global warming potential per unit energy output, respectively. SRI and conventional system had the greatest and least global warming potential per unit energy output, respectively. Therefore, the optimal management approach found in SRI resulted in a reduction in GHGs, global warming potential and the carbon footprint.

  13. The impact of energy, transport, and trade on air pollution in China

    Energy Technology Data Exchange (ETDEWEB)

    Poon, J.P.H.; Casas, I.; He, C.F. [SUNY Buffalo, Buffalo, NY (United States). Dept. of Geology

    2006-09-15

    A team of U.S.- and China-based geographers examines the relationship between China's economic development and its environment by modeling the effects of energy, transport, and trade on local air pollution emissions (sulfur dioxide and soot particulates) using the Environmental Kuznets model. Specifically, the latter model is investigated using spatial econometrics that take into account potential regional spillover effects from high-polluting neighbors. The analysis finds an inverted-U relationship for sulfur dioxide but a U-shaped curve for soot particulates. This suggests that soot particulates such as black carbon may pose a more serious environmental problem in China than sulfur dioxide.

  14. BIG SKY CARBON SEQUESTRATION PARTNERSHIP

    Energy Technology Data Exchange (ETDEWEB)

    Susan M. Capalbo

    2004-10-31

    technologies to support not only carbon trading but all policies and programs that DOE and other agencies may want to pursue in support of GHG mitigation. The efforts begun in developing and implementing MMV technologies for geological sequestration reflect this concern. Research is also underway to identify and validate best management practices for soil C in the Partnership region, and to design a risk/cost effectiveness framework to make comparative assessments of each viable sink, taking into account economic costs, offsetting benefits, scale of sequestration opportunities, spatial and time dimensions, environmental risks, and long-term viability. Scientifically sound information on MMV is critical for public acceptance of these technologies. Two key deliverables were completed in the second quarter--a literature review/database to assess the soil carbon on rangelands, and the draft protocols, contracting options for soil carbon trading. The protocols developed for soil carbon trading are unique and provide a key component of the mechanisms that might be used to efficiently sequester GHG and reduce CO{sub 2} concentrations. While no key deliverables were due during the third quarter, progress on other deliverables is noted in the PowerPoint presentations and in this report. A series of meetings held during the second and third quarters have laid the foundations for assessing the issues surrounding carbon sequestration in this region, the need for a holistic approach to meeting energy demands and economic development potential, and the implementation of government programs or a market-based setting for soil C credits. These meetings provide a connection to stakeholders in the region and a basis on which to draw for the DOE PEIS hearings. In the fourth quarter, three deliverables have been completed, some in draft form to be revised and updated to include Wyoming. This is due primarily to some delays in funding to LANL and INEEL and the approval of a supplemental proposal to

  15. Imported emissions. The world trade stowaway

    International Nuclear Information System (INIS)

    Fink, Meike; Gautier, Celia

    2013-05-01

    This study first gives an overview of existing tools and methodological challenges to account emissions included in consumed products fabricated elsewhere. It notably discusses the passage from a methodology based on a production principle to a methodology based on a consumption principle, outlines the different methodologies associated with the different analysis levels, and the importance of uncertainty sources. The second part proposes a view on emission flows included in exports and imports. It addresses the following issues: the international level, increasing importance of emissions transferred via world trade, emissions related to consumption per capita and per social class, carbon and energy intensity of products at the origin of emissions, composition of imported and exported products and intensity of their emissions, impact of a methodological change on greenhouse gas emissions by France, extent of emissions imported in France, and Germany as the first trade partner and emission importer of France. The third part discusses the political implications of an accounting of emissions related to consumption and to world trade

  16. Are there Potential Economic Benefits from China-Nigeria Trade ...

    African Journals Online (AJOL)

    Simulation experiments revealed that under a non-reciprocal tariff reduction in China by 25 per cent,50 per cent,75 per cent and 100 per cent in all traded products, Nigeria will record positive growth of export. Similarly, a reciprocal tariff reduction agreement by China and Nigeria, by the same magnitude will lead to a rise in ...

  17. Internalizing carbon costs in electricity markets: Using certificates in a load-based emissions trading scheme

    International Nuclear Information System (INIS)

    Gillenwater, Michael; Breidenich, Clare

    2009-01-01

    Several western states have considered developing a regulatory approach to reduce greenhouse gas (GHG) emissions from the electric power industry, referred to as a load-based (LB) cap-and-trade scheme. A LB approach differs from the traditional source-based (SB) cap-and-trade approach in that the emission reduction obligation is placed upon Load Serving Entities (LSEs), rather than electric generators. The LB approach can potentially reduce the problem of emissions leakage, relative to a SB system. For any of these proposed LB schemes to be effective, they must be compatible with modern, and increasingly competitive, wholesale electricity markets. LSE's are unlikely to know the emissions associated with their power purchases. Therefore, a key challenge for a LB scheme is how to assign emissions to each LSE. This paper discusses the problems with one model for assigning emissions under a LB scheme and proposes an alternative, using unbundled Generation Emission Attribute Certificates. By providing a mechanism to internalize an emissions price signal at the generator dispatch level, the tradable certificate model addresses both these problems and provides incentives identical to a SB scheme

  18. Global carbon stocks and potential emissions due to mangrove deforestation from 2000 to 2012

    Science.gov (United States)

    Hamilton, Stuart E.; Friess, Daniel A.

    2018-03-01

    Mangrove forests store high densities of organic carbon, which, when coupled with high rates of deforestation, means that mangroves have the potential to contribute substantially to carbon emissions. Consequently, mangroves are strong candidates for inclusion in nationally determined contributions (NDCs) to the United Nations Framework Convention on Climate Change (UNFCCC), and payments for ecosystem services (PES) programmes that financially incentivize the conservation of forested carbon stocks. This study quantifies annual mangrove carbon stocks from 2000 to 2012 at the global, national and sub-national levels, and global carbon emissions resulting from deforestation over the same time period. Globally, mangroves stored 4.19 Pg of carbon in 2012, with Indonesia, Brazil, Malaysia and Papua New Guinea accounting for more than 50% of the global stock. 2.96 Pg of the global carbon stock is contained within the soil and 1.23 Pg in the living biomass. Two percent of global mangrove carbon was lost between 2000 and 2012, equivalent to a maximum potential of 316,996,250 t of CO2 emissions.

  19. The European Union's potential for strategic emissions trading through permit sales contracts

    International Nuclear Information System (INIS)

    Eyckmans, Johan; Hagem, Cathrine

    2011-01-01

    Strategic market behavior by permit sellers will harm the European Union (EU) as it is expected to become a large net buyer of permits in a follow-up agreement to the Kyoto Protocol. In this paper, we explore how the EU could benefit from making permit trade agreements with non-EU countries. These trade agreements involve permit sales requirement, complemented by a financial transfer from the EU to the other contract party. Such agreements would enable the EU to act strategically in the permit market on behalf of its member states, although each member state is assumed to behave as a price taker in the permit market. Using a stylized numerical simulation model, we show that an appropriately designed permit trade agreement between the EU and China could significantly cut the EU's total compliance cost. This result is robust for a wide range of parameterizations of the simulation model. (author)

  20. A Greenhouse Gas and Soil Carbon Model for Estimating the Carbon Footprint of Livestock Production in Canada

    Science.gov (United States)

    Vergé, Xavier P.C.; Dyer, James A.; Worth, Devon E.; Smith, Ward N.; Desjardins, Raymond L.; McConkey, Brian G.

    2012-01-01

    Simple Summary We developed a model to estimate the carbon footprint of Canadian livestock production. To include long term soil carbon storage and loss potential we introduced a payback period concept. The model was tested by reallocating 10% only of the protein production from a ruminant to a non ruminant source to minimize the risk of including rangeland or marginal lands. This displacement generated residual land which was found to play a major role in the potential mitigation of GHG emissions. The model will allow land use policies aimed at reducing the agricultural GHG emissions to be assessed. Abstract To assess tradeoffs between environmental sustainability and changes in food production on agricultural land in Canada the Unified Livestock Industry and Crop Emissions Estimation System (ULICEES) was developed. It incorporates four livestock specific GHG assessments in a single model. To demonstrate the application of ULICEES, 10% of beef cattle protein production was assumed to be displaced with an equivalent amount of pork protein. Without accounting for the loss of soil carbon, this 10% shift reduced GHG emissions by 2.5 TgCO2e y−1. The payback period was defined as the number of years required for a GHG reduction to equal soil carbon lost from the associated land use shift. A payback period that is shorter than 40 years represents a net long term decrease in GHG emissions. Displacing beef cattle with hogs resulted in a surplus area of forage. When this residual land was left in ungrazed perennial forage, the payback periods were less than 4 years and when it was reseeded to annual crops, they were equal to or less than 40 years. They were generally greater than 40 years when this land was used to raise cattle. Agricultural GHG mitigation policies will inevitably involve a trade-off between production, land use and GHG emission reduction. ULICEES is a model that can objectively assess these trade-offs for Canadian agriculture. PMID:26487032

  1. Carbon sequestration in sinks. An overview of potential and costs

    International Nuclear Information System (INIS)

    Kolshus, Hans H.

    2001-01-01

    Prior to the resumed climate negotiations in Bonn in July this year, it was thought that an agreement on the unresolved crunch issues of the Kyoto Protocol was unrealistic. This was primarily due to the US withdrawal from the Kyoto Protocol, and the failure of the previous climate negotiations that stranded mainly because of disagreement on the inclusion of land use, land-use change, and forestry (LULUCF) activities. The LULUCF issue is controversial in the climate negotiations, but an agreement has now been reached. This paper explores the possible contribution of LULUCF activities in promoting greenhouse gas emissions reductions. A survey on the literature of the potential and cost of LULUCF activities is therefore central. Analysis of the recent climate negotiations is also important. It is clear that the potential for carbon sequestration is large, but there are large variations in the estimates as factors such as land availability and the rate of carbon uptake complicate the calculations. There are also variations in the costs estimates, and economic analysis of LULUCF projects are not easily compared as no standard method of analysis has emerged and come into wide use. Despite the difficulties in comparing the costs of carbon sequestration, it is clear that it is a relatively inexpensive measure. Even though the potential for carbon sequestration is large, its role in reducing emissions of greenhouse gases (GHG) is limited by the Kyoto Protocol. The recent climate negotiations in Bonn and Marrakesh have specified the modalities, rules and guidelines relating to LULUCF activities. One of the main outcomes is that Japan, Canada and Russia are allowed large inclusions of sinks in their GHG emission accounts. (author)

  2. Carbon sequestration in sinks. An overview of potential and costs

    Energy Technology Data Exchange (ETDEWEB)

    Kolshus, Hans H.

    2001-07-01

    Prior to the resumed climate negotiations in Bonn in July this year, it was thought that an agreement on the unresolved crunch issues of the Kyoto Protocol was unrealistic. This was primarily due to the US withdrawal from the Kyoto Protocol, and the failure of the previous climate negotiations that stranded mainly because of disagreement on the inclusion of land use, land-use change, and forestry (LULUCF) activities. The LULUCF issue is controversial in the climate negotiations, but an agreement has now been reached. This paper explores the possible contribution of LULUCF activities in promoting greenhouse gas emissions reductions. A survey on the literature of the potential and cost of LULUCF activities is therefore central. Analysis of the recent climate negotiations is also important. It is clear that the potential for carbon sequestration is large, but there are large variations in the estimates as factors such as land availability and the rate of carbon uptake complicate the calculations. There are also variations in the costs estimates, and economic analysis of LULUCF projects are not easily compared as no standard method of analysis has emerged and come into wide use. Despite the difficulties in comparing the costs of carbon sequestration, it is clear that it is a relatively inexpensive measure. Even though the potential for carbon sequestration is large, its role in reducing emissions of greenhouse gases (GHG) is limited by the Kyoto Protocol. The recent climate negotiations in Bonn and Marrakesh have specified the modalities, rules and guidelines relating to LULUCF activities. One of the main outcomes is that Japan, Canada and Russia are allowed large inclusions of sinks in their GHG emission accounts. (author)

  3. The role of trade and investment liberalization in the sugar-sweetened carbonated beverages market: a natural experiment contrasting Vietnam and the Philippines.

    Science.gov (United States)

    Schram, Ashley; Labonte, Ronald; Baker, Phillip; Friel, Sharon; Reeves, Aaron; Stuckler, David

    2015-10-12

    Trade and investment liberalization may facilitate the spread of sugar-sweetened carbonated beverages (SSCBs), products associated with increased risk factors for obesity, type II diabetes, and cardiovascular diseases (Circulation 121:1356-1364, 2010). Apart from a limited set of comparative cross-national studies, the majority of analyses linking liberalization and the food environment have drawn on case studies and descriptive accounts. The current failure of many countries to reverse the obesity epidemic calls for investigation into both individual and systemic factors, including trade and investment policies. Using a natural experimental design we tested whether Vietnam's removal of restrictions on foreign direct investment (FDI) subsequent to its accession to the World Trade Organization in 2007 increased sales of SSCBs compared with a matched country, the Philippines, which acceded in 1995. Difference-in-difference (DID) models were used to test pre/post differences in total SSCB sales and foreign company penetration covering the years 1999-2013. Following Vietnam's removal of restrictions on FDI, the growth rate of SSCB sales increased to 12.1 % per capita per year from a prior growth rate of 3.3 %. SSCB sales per capita rose significantly faster pre- and post-intervention in Vietnam compared with the control country the Philippines (DID: 4.6 L per annum, 95 % CI: 3.8 to 5.4 L, p investment liberalization.

  4. Synergies and trade-offs in achieving global biodiversity targets.

    Science.gov (United States)

    Di Marco, Moreno; Butchart, Stuart H M; Visconti, Piero; Buchanan, Graeme M; Ficetola, Gentile F; Rondinini, Carlo

    2016-02-01

    After their failure to achieve a significant reduction in the global rate of biodiversity loss by 2010, world governments adopted 20 new ambitious Aichi biodiversity targets to be met by 2020. Efforts to achieve one particular target can contribute to achieving others, but different targets may sometimes require conflicting solutions. Consequently, lack of strategic thinking might result, once again, in a failure to achieve global commitments to biodiversity conservation. We illustrate this dilemma by focusing on Aichi Target 11. This target requires an expansion of terrestrial protected area coverage, which could also contribute to reducing the loss of natural habitats (Target 5), reducing human-induced species decline and extinction (Target 12), and maintaining global carbon stocks (Target 15). We considered the potential impact of expanding protected areas to mitigate global deforestation and the consequences for the distribution of suitable habitat for >10,000 species of forest vertebrates (amphibians, birds, and mammals). We first identified places where deforestation might have the highest impact on remaining forests and then identified places where deforestation might have the highest impact on forest vertebrates (considering aggregate suitable habitat for species). Expanding protected areas toward locations with the highest deforestation rates (Target 5) or the highest potential loss of aggregate species' suitable habitat (Target 12) resulted in partially different protected area network configurations (overlapping with each other by about 73%). Moreover, the latter approach contributed to safeguarding about 30% more global carbon stocks than the former. Further investigation of synergies and trade-offs between targets would shed light on these and other complex interactions, such as the interaction between reducing overexploitation of natural resources (Targets 6, 7), controlling invasive alien species (Target 9), and preventing extinctions of native

  5. Provincial Carbon Emissions Reduction Allocation Plan in China Based on Consumption Perspective

    Directory of Open Access Journals (Sweden)

    Xuecheng Wang

    2018-04-01

    Full Text Available China is a country with substantial differences in economic development, energy consumption mix, resources, and technologies, as well as the development path at the provincial level. Therefore, China’s provinces have different potential and degrees of difficulty to carry out carbon emission reduction (CER requirements. In addition, interprovincial trade, with a large amount of embodied carbon emissions, has become the fastest growing driver of China’s total carbon emissions. A reasonable CER allocation plan is, therefore, crucial for realizing the commitment that China announced in the Paris Agreement. How to determine a fair way to allocate provincial CER duties has become a significant challenge for both policy-makers and researchers. In this paper, ecological network analysis (ENA, combined with a multi-regional input-output model (MRIO, is adopted to build an ecological network of embodied emissions across 30 provinces. Then, by using flow analysis and utility analysis based on the ENA model, the specific relationships among different provinces were determined, and the amount of responsibility that a certain province should take quantified, with respect to the embodied carbon emission (ECE flows from interprovincial trade. As a result, we suggest a new CER allocation plan, based on the detailed data of interprovincial relationships and ECE flows.

  6. Forest bioenergy or forest carbon? Assessing trade-offs in greenhouse gas mitigation with wood-based fuels.

    Science.gov (United States)

    McKechnie, Jon; Colombo, Steve; Chen, Jiaxin; Mabee, Warren; MacLean, Heather L

    2011-01-15

    The potential of forest-based bioenergy to reduce greenhouse gas (GHG) emissions when displacing fossil-based energy must be balanced with forest carbon implications related to biomass harvest. We integrate life cycle assessment (LCA) and forest carbon analysis to assess total GHG emissions of forest bioenergy over time. Application of the method to case studies of wood pellet and ethanol production from forest biomass reveals a substantial reduction in forest carbon due to bioenergy production. For all cases, harvest-related forest carbon reductions and associated GHG emissions initially exceed avoided fossil fuel-related emissions, temporarily increasing overall emissions. In the long term, electricity generation from pellets reduces overall emissions relative to coal, although forest carbon losses delay net GHG mitigation by 16-38 years, depending on biomass source (harvest residues/standing trees). Ethanol produced from standing trees increases overall emissions throughout 100 years of continuous production: ethanol from residues achieves reductions after a 74 year delay. Forest carbon more significantly affects bioenergy emissions when biomass is sourced from standing trees compared to residues and when less GHG-intensive fuels are displaced. In all cases, forest carbon dynamics are significant. Although study results are not generalizable to all forests, we suggest the integrated LCA/forest carbon approach be undertaken for bioenergy studies.

  7. Carbon accounting and the climate politics of forestry

    International Nuclear Information System (INIS)

    Ellison, David; Lundblad, Mattias; Petersson, Hans

    2011-01-01

    Many proposals have been made for the more successful inclusion of LULUCF (Land Use, Land Use Change and Forestry) in the Kyoto framework. Though the positions of individual states or the goal of avoided deforestation guide many approaches, our model sets cost-effective strategies for climate change mitigation and the efficient and balanced use of forest resources at its center. Current approaches to forest resource-based carbon accounting consider only a fraction of its potential and fail to adequately mobilize the LULUCF sector for the successful stabilization of atmospheric greenhouse gas (GHG) concentrations. The presence of a significantly large “incentive gap” justifies the urgency of reforming the current LULUCF carbon accounting framework. In addition to significantly broadening the scope of carbon pools accounted under LULUCF, we recommend paying far greater attention to the troika of competing but potentially compatible interests surrounding the promotion of standing forests (in particular for the purposes of carbon sequestration, biodiversity protection and ecosystem promotion/ preservation), harvested wood products (HWP) and bioenergy use. The successful balancing of competing interests, the enhancement of efficiency and effectiveness and the balanced use of forest resources require an accounting mechanism that weighs and rewards each component according to its real climate mitigation potential. Further, our data suggest the benefits of such a broadly based carbon accounting strategy and the inclusion of LULUCF in national and international accounting and emission trading mechanisms far outweigh potential disadvantages. Political arguments suggesting countries could take advantage of LULUCF accounting to reduce their commitments are not supported by the evidence we present.

  8. Carbon Nanotubes and Graphene Nanoribbons: Potentials for Nanoscale Electrical Interconnects

    Directory of Open Access Journals (Sweden)

    Swastik Kar

    2013-08-01

    Full Text Available Carbon allotropes have generated much interest among different scientific communities due to their peculiar properties and potential applications in a variety of fields. Carbon nanotubes and more recently graphene have shown very interesting electrical properties along with the possibility of being grown and/or deposited at a desired location. In this Review, we will focus our attention on carbon-based nanostructures (in particular, carbon nanotubes and graphene nanoribbons which could play an important role in the technological quest to replace copper/low-k for interconnect applications. We will provide the reader with a number of possible architectures, including single-wall as well as multi-wall carbon nanotubes, arranged in horizontal and vertical arrays, regarded as individual objects as well as bundles. Modification of their functional properties in order to fulfill interconnect applications requirements are also presented. Then, in the second part of the Review, recently discovered graphene and in particular graphene and few-graphene layers nanoribbons are introduced. Different architectures involving nanostructured carbon are presented and discussed in light of interconnect application in terms of length, chirality, edge configuration and more.

  9. A water market simulator considering pair-wise trades between agents

    Science.gov (United States)

    Huskova, I.; Erfani, T.; Harou, J. J.

    2012-04-01

    In many basins in England no further water abstraction licences are available. Trading water between water rights holders has been recognized as a potentially effective and economically efficient strategy to mitigate increasing scarcity. A screening tool that could assess the potential for trade through realistic simulation of individual water rights holders would help assess the solution's potential contribution to local water management. We propose an optimisation-driven water market simulator that predicts pair-wise trade in a catchment and represents its interaction with natural hydrology and engineered infrastructure. A model is used to emulate licence-holders' willingness to engage in short-term trade transactions. In their simplest form agents are represented using an economic benefit function. The working hypothesis is that trading behaviour can be partially predicted based on differences in marginal values of water over space and time and estimates of transaction costs on pair-wise trades. We discuss the further possibility of embedding rules, norms and preferences of the different water user sectors to more realistically represent the behaviours, motives and constraints of individual licence holders. The potential benefits and limitations of such a social simulation (agent-based) approach is contrasted with our simulator where agents are driven by economic optimization. A case study based on the Dove River Basin (UK) demonstrates model inputs and outputs. The ability of the model to suggest impacts of water rights policy reforms on trading is discussed.

  10. Potential for carbon sequestration and mitigation of climate change by irrigation of grasslands

    International Nuclear Information System (INIS)

    Olsson, Alexander; Campana, Pietro Elia; Lind, Mårten; Yan, Jinyue

    2014-01-01

    Highlights: • A generic method for climate change mitigation feasibility of PVWPS is developed. • Restoration of degraded lands in China has large climate change mitigation potential. • PV produces excess electricity included in the mitigation potential of the system. • The benefit is higher than if the PV were to produce electricity for the grid only. - Abstract: The climate change mitigation potential of irrigation powered by a photovoltaic water pumping system (PVWPS) to restore degraded grasslands has been investigated using the Intergovernmental Panel on Climate Change (IPCC) 2006 Guidelines for National Greenhouse Gas Inventories for Agriculture, Forestry and Other Land Use. The purpose of this study is to develop a generic and simple method to estimate the climate change mitigation benefit of a PVWPS. The possibility to develop carbon credits for the carbon offset markets has also been studied comparing carbon sequestration in grasslands to other carbon sequestration projects. The soil carbon sequestration following irrigation of the grassland is calculated as an annual increase in the soil organic carbon pool. The PVWPS can also generate an excess of electricity when irrigation is not needed and the emissions reductions due to substitution of grid electricity give additional climate change mitigation potential. The results from this study show that the carbon sequestration and emissions reductions benefits per land area using a PVWPS for irrigating grasslands are comparable to other carbon sequestration options such as switching to no-till practice. Soil carbon in irrigated grasslands is increased with over 60% relative to severely degraded grasslands and if nitrogen fixing species are introduced the increase in soil organic carbon can be almost 80%. Renewable electricity generation by the PVWPS will further increase the mitigation benefit of the system with 70–90%. When applying the methodology developed in this paper to a case in Qinghai, China

  11. Trading electricity outside the Nordic countries

    International Nuclear Information System (INIS)

    1994-01-01

    The subject of transborder trade of electricity between the Nordic countries and other North-European countries is dealt with. A detailed comparison of generating capacity, generating costs as well as electricity prices, market structure and national and international regulations is given. This shows that generating costs in the Nordic countries in general are lower than those in other North-European countries. This indicates a potential for transborder trade. Norway has a potential for exporting power while Denmark and Sweden have a potential for energy exports due to current excess capacity. Transmission capacity from the Nordic countries to Germany is limited. As access to the German transmission network is restricted, conditions for trade depend on differences between marginal cost. After transmission cost, those differences do not finance larger investments in further capacity. A change in the market structure in Germany with third party access to the transmission network will allow major consumers to buy directly from producers in the Nordic countries. An opening up of the market should reduce the price load in Germany. This could cause price increases in the Nordic countries. (AB)

  12. Scenarios for Low Carbon and Low Water Electric Power Plant Operations: Implications for Upstream Water Use.

    Science.gov (United States)

    Dodder, Rebecca S; Barnwell, Jessica T; Yelverton, William H

    2016-11-01

    Electric sector water use, in particular for thermoelectric operations, is a critical component of the water-energy nexus. On a life cycle basis per unit of electricity generated, operational (e.g., cooling system) water use is substantially higher than water demands for the fuel cycle (e.g., natural gas and coal) and power plant manufacturing (e.g., equipment and construction). However, could shifting toward low carbon and low water electric power operations create trade-offs across the electricity life cycle? We compare business-as-usual with scenarios of carbon reductions and water constraints using the MARKet ALlocation (MARKAL) energy system model. Our scenarios show that, for water withdrawals, the trade-offs are minimal: operational water use accounts for over 95% of life cycle withdrawals. For water consumption, however, this analysis identifies potential trade-offs under some scenarios. Nationally, water use for the fuel cycle and power plant manufacturing can reach up to 26% of the total life cycle consumption. In the western United States, nonoperational consumption can even exceed operational demands. In particular, water use for biomass feedstock irrigation and manufacturing/construction of solar power facilities could increase with high deployment. As the United States moves toward lower carbon electric power operations, consideration of shifting water demands can help avoid unintended consequences.

  13. Changes in carbon allocation to aboveground versus belowground forest components is driven by a trade-off involving mycorrhizal fungi, not fine roots

    Science.gov (United States)

    Ouimette, A.; Ollinger, S. V.; Hobbie, E. A.; Lepine, L. C.; Stephens, R.; Rowe, R.; Vadeboncoeur, M. A.; Tumber-Davila, S. J.

    2017-12-01

    Species composition and resource availability exert a strong influence on the dynamics of carbon allocation among different forest ecosystem components. Recent work in temperate forests has highlighted a tradeoff between carbon allocation to aboveground woody tissues (access to light), and belowground to fine roots (access to soil nutrients). Although root-associated mycorrhizal fungi are crucial for N acquisition and can receive 20% or more of annual net primary production, most studies fail to explicitly include carbon allocation to mycorrhizal fungi. In part, this is due to the inherent difficulties in accurately quantifying fungal production. We took several approaches to quantify production of mycorrhizal fungi, including a carbon budget approach and isotopic techniques. Here we present data on patterns of carbon allocation to aboveground (wood and foliar production), and belowground components (production of fine roots and mycorrhizal fungi), across temperate forest stands spanning a range of nitrogen availability and species composition. We found that as the proportion of conifer species decreased, and stand nitrogen availability increased, both the absolute amount and the fraction of net primary production increased for foliage, aboveground wood, and fine roots ("a rising tide lifts all boats"). While allocation to plant pools increased, allocation to mycorrhizal fungi significantly decreased with decreasing conifer dominance and increasing soil nitrogen availability. We did not find a strong trade-off between carbon allocation to fine roots and aboveground wood or foliage. Instead, a negative relationship is seen between allocation to mycorrhizal fungi and other plant pools. Effort to estimate carbon allocation to mycorrhizal fungi is important for gaining a more complete understanding of how ecosystems respond to changes in growth-limiting resources.

  14. Emissions trading and green power : profitability for buyers and sellers

    International Nuclear Information System (INIS)

    Haites, E.

    1998-01-01

    Proposed features of the competitive electricity market in Ontario were reviewed. The speaker predicted that demand for renewable energy in Ontario's competitive electricity market will be affected by green power, emissions trading, labelling, and renewables portfolio standard. Under current regulations retailers can charge customers a premium for purchasing electricity generated by 'green' sources. The existing limits on emissions of sulphur dioxide, nitrogen oxides and carbon dioxides will remain in place, but an emissions cap and trading program for all Ontario-based generation is an option to consider. Ontario's Market Design Committee (MDC) has recommended the implementation of emissions trading for electricity-related air pollutants for all generators located in Ontario. The complex mechanics of emission trading are explained. The MDC recommendation of the use of standard labels to disclose the mix of energy sources used by sellers of electricity and their associated pollution emissions are also summarized

  15. Sectoral roles in greenhouse gas emissions and policy implications for energy utilization and carbon emissions trading: a case study of Beijing, China.

    Science.gov (United States)

    Ge, Jianping; Lei, Yalin; Xu, Qun; Wang, Xibo

    2016-01-01

    In this study, a decomposition and emissions matrix is developed to identify the roles (giver or taker) played by the sectors in the greenhouse gas emissions for the economy of Beijing in China. Our results indicate that services were the most important emitter if we consider the total (direct and indirect) emissions. In addition to Construction, Scientific studies and technical services and Finance sectors of services were the largest takers. They have a large role in boosting greenhouse gas emissions throughout the economy of Beijing. As the basis and supporter of production activities, the electricity production and the transportation sectors were the greatest givers. More emphasis should be placed on using clean energy and carbon capture and storage technologies to reduce emissions within these sectors. Based on the roles played by these sectors in greenhouse gas emissions, some policy implications were proposed for energy utilization and carbon emissions trading.

  16. Emission Trading under the Kyoto Protocol

    Energy Technology Data Exchange (ETDEWEB)

    Holtsmark, Bjart; Hagem, Cathrine

    1998-12-01

    This report discusses the potential gains from emission trading and raises some crucial questions. It shows that the total costs of the Kyoto Protocol could be reduced by about 95% through emission trading. Emission trading is an option also in the domestic arenas. The governments of the Annex B countries may allocate emission quotas to local enterprises as emission permits. Thus new markets for greenhouse gas emission quotas may emerge, domestically and internationally. It is emphasized that emission trading at the national and international levels must be discussed separately. The Nordic governments, for example, will find several good reasons for supporting emission trading at the international level if not necessarily domestically. The Nordic countries have already implemented domestic taxes on CO{sub 2} emissions and this tax policy could be sustained while these governments support and take part in emission trading at the international level.The report also considers a possible side effect of emission trading: free emission trading among Annex B countries could reduce the total abatement compared to a non-tradable policy as a consequence of the fact that some of the countries that are in transition to a market economy may be given emission limitations above their business-as-usual emissions. 40 refs., 7 figs., 4 tabs.

  17. Evaluation of the potential for operating carbon neutral WWTPs in China.

    Science.gov (United States)

    Hao, Xiaodi; Liu, Ranbin; Huang, Xin

    2015-12-15

    Carbon neutrality is starting to become a hot topic for wastewater treatment plants (WWTPs) all over the world, and carbon neutral operations have emerged in some WWTPs. Although China is still struggling to control its water pollution, carbon neutrality will definitely become a top priority for WWTPs in the near future. In this review, the potential for operating carbon neutral WWTPs in China is technically evaluated. Based on the A(2)/O process of a typical municipal WWTP, an evaluation model is first configured, which couples the COD/nutrient removals (mass balance) with the energy consumption/recovery (energy balance). This model is then applied to evaluate the potential of the organic (COD) energy with regards to carbon neutrality. The model's calculations reveal that anaerobic digestion of excess sludge can only provide some 50% of the total amount of energy consumption. Water source heat pumps (WSHP) can effectively convert the thermal energy contained in wastewater to heat WWTPs and neighbourhood buildings, which can supply a net electrical equivalency of 0.26 kWh when 1 m(3) of the effluent is cooled down by 1 °C. Photovoltaic (PV) technology can generate a limited amount of electricity, barely 10% of the total energy consumption. Moreover, the complexity of installing solar panels on top of tanks makes PV technology almost not worth the effort. Overall, therefore, organic and thermal energy sources can effectively supply enough electrical equivalency for China to approach to its target with regards to carbon neutral operations. Copyright © 2015 Elsevier Ltd. All rights reserved.

  18. Potential and costs of carbon dioxide removal by enhanced weathering of rocks

    Science.gov (United States)

    Strefler, Jessica; Amann, Thorben; Bauer, Nico; Kriegler, Elmar; Hartmann, Jens

    2018-03-01

    The chemical weathering of rocks currently absorbs about 1.1 Gt CO2 a-1 being mainly stored as bicarbonate in the ocean. An enhancement of this slow natural process could remove substantial amounts of CO2 from the atmosphere, aiming to offset some unavoidable anthropogenic emissions in order to comply with the Paris Agreement, while at the same time it may decrease ocean acidification. We provide the first comprehensive assessment of economic costs, energy requirements, technical parameterization, and global and regional carbon removal potential. The crucial parameters defining this potential are the grain size and weathering rates. The main uncertainties about the potential relate to weathering rates and rock mass that can be integrated into the soil. The discussed results do not specifically address the enhancement of weathering through microbial processes, feedback of geogenic nutrient release, and bioturbation. We do not only assess dunite rock, predominantly bearing olivine (in the form of forsterite) as the mineral that has been previously proposed to be best suited for carbon removal, but focus also on basaltic rock to minimize potential negative side effects. Our results show that enhanced weathering is an option for carbon dioxide removal that could be competitive already at 60 US  t-1 CO2 removed for dunite, but only at 200 US  t-1 CO2 removed for basalt. The potential carbon removal on cropland areas could be as large as 95 Gt CO2 a-1 for dunite and 4.9 Gt CO2 a-1 for basalt. The best suited locations are warm and humid areas, particularly in India, Brazil, South-East Asia and China, where almost 75% of the global potential can be realized. This work presents a techno-economic assessment framework, which also allows for the incorporation of further processes.

  19. Examining the Efforts of a Small, Open Economy to Reduce Carbon Emissions

    DEFF Research Database (Denmark)

    Levitt, Clinton J.; Saaby Pedersen, Morten; Sørensen, Anders

    2015-01-01

    emissions by relatively small, open economies. Although, these economies are small players in international markets, international trade has an important influence on their economies. Investigating the outcome of efforts to curb emissions by these small, open economies provides insights into the situation...... faced by a large set of the world's economies. This paper has three objectives: (1) investigate the outcome of Denmark's efforts to reduce its carbon emissions by characterizing the relationship between Denmark's macroeconomic activity and carbon emissions; (2) determine the carbon content of Danish...... trade and document the important effects that growing trade with China has had on Danish consumption emissions; and (3), investigate the robustness of measures of consumption emissions under varying information requirements. Our analysis of the outcomes of Danish efforts to reduce carbon emissions...

  20. Government Subsidy for Remanufacturing or Carbon Tax Rebate: Which Is Better for Firms and a Low-Carbon Economy

    Directory of Open Access Journals (Sweden)

    Tong Shu

    2017-01-01

    Full Text Available The government as a policy maker wishing to promote remanufacturing and proper disposal of hazardous old products which are harmful to environment has taken many actions, ranging from carbon regulation and financial incentives such as trade-in subsidy. However, carbon tax can result in loss of profit for firms to some degree, so the government has to give other subsidy to balance the profits and carbon emission. Thus, this article investigates two subsidy mechanisms: remanufacturing subsidy or tax rebate. The optimal pricing and production decision under these policies are examined. Our results show that carbon tax has a great impact on pricing strategies. Trade-in subsidy can encourage customers to replace their existing products with new and remanufactured products. Both remanufacture subsidy and tax rebate are beneficial to manufacturer and can further promote remanufacturing development.

  1. [Eco-economic thinking for developing carbon sink industry in the de-farming regions].

    Science.gov (United States)

    Wang, Ji Jun; Wang, Zheng Shu; Cheng, Si Min; Gu, Wen; Li, Yue; Li, Mao Sen

    2017-12-01

    Based on the potential and the law that plants absorb carbon dioxide, carbon sink industry means certain appropriate artificial intervention to obtain clean air, and to meet people's production and life demand for ecological environment industry. Carbon sink industry is considered as a breakthrough point and a new growth point for optimizing and upgrading of the original relatively balanced or stable agricultural industry-resources system. Among the ecosystem services in the de-farming regions, the rapid increase of the economic manifestation of carbon fixation and oxygen release function and the carbon sink potential, as well as the rise of carbon trading and carbon market both in domestic and international, have established a theoretical and practical basis for the deve-lopment of carbon industry. With the development of the carbon sink industry, improving the carbon sequestration output will become the core of the carbon sink industry. The producers or marketers will form the controlling of the carbon source, the development of the path for carbon storage increasing and re-layout of agricultural industry-resources structure, and thus bring new vitality to regional sustainable development in the de-farming regions. This indicates the emphasis for the future research and development, that is, allocating the agricultural industry-resources structure and their benign coupling mechanism after integrating the carbon sink industry.

  2. Trade and climate change

    Energy Technology Data Exchange (ETDEWEB)

    Tamiotti, L.; Teh, R.; Kulacoglu, V. (World Trade Organization (WTO), Geneva (Switzerland)); Olhoff, A.; Simmons, B.; Abaza, H. (United Nations Environment Programme (UNEP) (Denmark))

    2009-06-15

    The Report aims to improve understanding about the linkages between trade and climate change. It shows that trade intersects with climate change in a multitude of ways. For example, governments may introduce a variety of policies, such as regulatory measures and economic incentives, to address climate change. This complex web of measures may have an impact on international trade and the multilateral trading system. The Report begins with a summary of the current state of scientific knowledge on climate change and on the options available for responding to the challenge of climate change. The scientific review is followed by a part on the economic aspects of the link between trade and climate change, and these two parts set the context for the subsequent parts of the Report, which looks at the policies introduced at both the international and national level to address climate change. The part on international policy responses to climate change describes multilateral efforts to reduce greenhouse gas emissions and to adapt to the effects of climate change, and also discusses the role of the current trade and environment negotiations in promoting trade in technologies that aim to mitigate climate change. The final part of the Report gives an overview of a range of national policies and measures that have been used in a number of countries to reduce greenhouse gas emissions and to increase energy efficiency. It presents key features in the design and implementation of these policies, in order to draw a clearer picture of their overall effect and potential impact on environmental protection, sustainable development and trade. It also gives, where appropriate, an overview of the WTO rules that may be relevant to such measures. (author)

  3. Carbon sequestration rate and aboveground biomass carbon potential of three young species in lower Gangetic plain.

    Science.gov (United States)

    Jana, Bipal K; Biswas, Soumyajit; Majumder, Mrinmoy; Roy, Pankaj K; Mazumdar, Asis

    2011-07-01

    Carbon is sequestered by the plant photosynthesis and stored as biomass in different parts of the tree. Carbon sequestration rate has been measured for young species (6 years age) of Shorea robusta at Chadra forest in Paschim Medinipur district, Albizzia lebbek in Indian Botanic Garden in Howrah district and Artocarpus integrifolia at Banobitan within Kolkata in the lower Gangetic plain of West Bengal in India by Automated Vaisala Made Instrument GMP343 and aboveground biomass carbon has been analyzed by CHN analyzer. The specific objective of this paper is to measure carbon sequestration rate and aboveground biomass carbon potential of three young species of Shorea robusta, Albizzia lebbek and Artocarpus integrifolia. The carbon sequestration rate (mean) from the ambient air during winter season as obtained by Shorea robusta, Albizzia lebbek and Artocarpus integrifolia were 11.13 g/h, 14.86 g/h and 4.22g/h, respectively. The annual carbon sequestration rate from ambient air were estimated at 8.97 t C ha(-1) by Shorea robusta, 11.97 t C ha(-1) by Albizzia lebbek and 3.33 t C ha(-1) by Artocarpus integrifolia. The percentage of carbon content (except root) in the aboveground biomass of Shorea robusta, Albizzia lebbek and Artocarpus integrifolia were 47.45, 47.12 and 43.33, respectively. The total aboveground biomass carbon stock per hectare as estimated for Shorea robusta, Albizzia lebbek and Artocarpus integrifolia were 5.22 t C ha(-1) , 6.26 t C ha(-1) and 7.28 t C ha(-1), respectively in these forest stands.

  4. China's WTO commitments in agriculture and impacts of potential OECD agricultural trade liberalizations

    DEFF Research Database (Denmark)

    Yu, Wusheng; Frandsen, Søren E.

    2005-01-01

    general equilibrium simulation results show that China’s WTO commitments will lead to increased agricultural imports and slightly declined outputs in China. The resulting efficiency gains will be negated by terms-of-trade losses, leading to quantitatively small welfare impacts. Furthermore, sectoral...... results depend critically on correctly representing the more complex policy measures, such as the tariff rate quotas. The negative output effects on Chinese agriculture can be alleviated/reversed if the rich OECD countries commit to reform their agriculture policies. The present paper concludes that trade...... liberalization should be carried out in both developing and developed countries. Reforming the latter will be particularly helpful in easing the problems facing those developing countries that are carrying out ambitious trade reforms....

  5. Exploring trade-offs between carbon storage, yield and biodiversity in analog forestry. A case study in the Peruvian Amazon

    Science.gov (United States)

    Recanati, F.; Saini, M.; Guariso, G.; Melia, P.

    2016-12-01

    Creation and management of agro-ecosystems can considerably influence the greenhouse gas exchange between terrestrial ecosystems and atmosphere. This is especially evident for tropical areas, where the expansion of agricultural lands for monoculture is among the main causes of deforestation and consequent CO2 emissions. In these contexts, agro-ecological approaches, such as analog forestry, seem promising alternatives to intensive ones. Analog forestry is usually created for reforestation purposes through the combination of ecological succession and architecture of natural forests (i.e., inclusion of species from shrubs to higher trees). Besides provisioning a variety of food and medicinal products, they provide high levels of biodiversity (compared to other agricultural practices) and important ecosystem services, like carbon storage. Given the complexity of such agro-ecosystems, this study aims to estimate the quantity of carbon that can be stored in an analog forest as a function of its species composition. Consequently, trade-offs between performances in terms of carbon storage, productivity and biodiversity are explored. The analysis focuses on the Peruvian region of Madre de Dios, where native forest and its biodiversity is threatened by intensive agriculture. To quantify plant above- and belowground biomass and the related carbon content, we feed appropriate allometric models with plant morphological information gathered in the field. Relying on our database of productive plant species suitable for the region, we formulate an optimization problem aimed at the selection of plant population under different constraint systems. The latter are defined according to possible farmers' preferences (e.g., average profitability or multi-functionality). The analysis refers to the farm-scale and is performed over medium-term horizon (i.e., 40 years), in order to take into account important plant dynamics (species growth and the evolution of shade interaction

  6. Trade-Off and Synergy among Ecosystem Services in the Guanzhong-Tianshui Economic Region of China.

    Science.gov (United States)

    Qin, Keyu; Li, Jing; Yang, Xiaonan

    2015-11-03

    Natural ecosystems provide society with important goods and services. With rapidly increasing populations and excessive utilization of natural resources, humans have been enhancing the production of some services at the expense of others. Although the need for certain trade-offs between conservation and development is urgent, having only a small number of efficient methods to assess such trade-offs has impeded progress. This study focuses on the evaluation of ecosystem services under different land use schemes. It reveals the spatial and temporal distributions of and changes in ecosystem services. Based on a correlation rate model and distribution mapping, the trade-offs and synergies of these ecosystem services can be found. Here, we also describe a new simple approach to quantify the relationships of every trade-off and synergy. The results show that all ecosystem services possess trade-offs and synergies in the study area. The trend of improving carbon sequestration and water interception indicate that these key ecosystem services have the strongest synergy. And the decrease in regional agricultural production and other services, except water yield, may be considered as trade-offs. The synergy between water yield and agricultural production was the most significant, while the trade-off between water interception and carbon sequestration was the most apparent, according to our interaction quantification model. The results of this study have implications for planning and monitoring the future management of natural capital and ecosystem services, and can be integrated into land use decision-making.

  7. Trade-Off and Synergy among Ecosystem Services in the Guanzhong-Tianshui Economic Region of China

    Directory of Open Access Journals (Sweden)

    Keyu Qin

    2015-11-01

    Full Text Available Natural ecosystems provide society with important goods and services. With rapidly increasing populations and excessive utilization of natural resources, humans have been enhancing the production of some services at the expense of others. Although the need for certain trade-offs between conservation and development is urgent, having only a small number of efficient methods to assess such trade-offs has impeded progress. This study focuses on the evaluation of ecosystem services under different land use schemes. It reveals the spatial and temporal distributions of and changes in ecosystem services. Based on a correlation rate model and distribution mapping, the trade-offs and synergies of these ecosystem services can be found. Here, we also describe a new simple approach to quantify the relationships of every trade-off and synergy. The results show that all ecosystem services possess trade-offs and synergies in the study area. The trend of improving carbon sequestration and water interception indicate that these key ecosystem services have the strongest synergy. And the decrease in regional agricultural production and other services, except water yield, may be considered as trade-offs. The synergy between water yield and agricultural production was the most significant, while the trade-off between water interception and carbon sequestration was the most apparent, according to our interaction quantification model. The results of this study have implications for planning and monitoring the future management of natural capital and ecosystem services, and can be integrated into land use decision-making.

  8. STRUCTURIZATION OF COMPETITIVE CAPACITY OF TRADE ORGANIZATION

    Directory of Open Access Journals (Sweden)

    N. A. Sеrеbrуаkоvа

    2015-01-01

    Full Text Available The modern consumer market is characterized by a complex of immanent tendencies of development, the competitive relations reflecting specifics inherent in it. These tendencies of development of the competitive environment of the consumer market are in many respects caused by a state and extent of use of competitive capacity of the organizations functioning in this market. This obvious circumstance causes the necessity of complex scientific research of competitive capacity of trade organizations, including its structures, for definition of prospects of its sustainable strategic development. Immanent properties of competitive capacity of trade organization allowed to study in detail its structure, by means of the substantial review of the existing options of its representation and their systematization on specific, element and system signs. In development of specific structure of competitive potential its addition commercial, technological, communication, consumer and image the potentials reflecting functional and branch specifics of activity of trade organization is offered. The system of elements of competitive capacity of trade organization is given by its structure-forming types. It is proved that these elements aren't characterized by strict distribution by types of potentials, and separate from elements are universal, accepted for simultaneous use when forming all types of potential. Allocation of a system sign of structurization of competitive potential was based on situation that "systemacity" has to be provided not so much with hierarchy of hierarchy of types and elements of potential, their interrelations, how many possibility of the accounting of various classification signs allowing to typify competitive potential as system integrity, regardless of its separate types. Those signs were the stage of a demand and level of use in economic activity, economic feasibility of existence of unrealized potential, the origin nature.

  9. The Potential Of The Soil For Stabilisation Of Organic Carbon In Soil Aggregates

    Directory of Open Access Journals (Sweden)

    Tobiašová Erika

    2015-06-01

    Full Text Available Carbon stabilisation in soil is the result of interaction between the chemical and physical mechanisms of protection and the dominance of the mechanism depends not only on the long-term constant characteristics of soil but also on the properties, which can be partly influenced by human activities. In this study, the potential of the soil for stabilisation of carbon (Ps in different soil types depending on soil properties was compared. Experiment included six soils (Eutric Fluvisol, Mollic Fluvisol, Haplic Chernozem, Haplic Luvisol, Eutric Cambisol, and Rendzic Leptosol of different land uses (forest, meadow, urban, and agro-ecosystem in Slovakia. Ps was determined with dependence on the ratio of labile and stable fractions of carbon in the soil macro-aggregates. Ps was in an exponential dependence (r = 0.942; P < 0.01 with production potential of the soil, and the fractions of dry-sieved aggregates larger than 3 mm play an important role in the first stages of the carbon stabilisation. The suitable parameter, which reflects the changes in carbon stability in the soil is the ratio of the labile carbon and non-labile carbon in the soil macro-aggregates (L/NL. Lower values of L/NL that indicate a higher stability of carbon were determined at a higher pH, at the higher content of carbonates and exchangeable basic cations, and at a higherportion of humic acids free and bound with mobile sesquioxides R2O3.

  10. Slovakia is the first to trade with pollutions

    International Nuclear Information System (INIS)

    Zackova, K.

    2003-01-01

    The Kyoto Protocol allows trading with carbon dioxide emissions. The basic principle is simple any country that's carbon dioxide production is below the set limits can sell the difference to another country that, thank to this 'purchase' will be allowed to exceed its quotas. The first one to take advantage of this possibility was Slovak engineering company Menert, s.r.o., Sala that has sold its 200 thousand tons of CO 2 through New York broker Evolution Markets to Japanese company Sumitomo. The payment should take place this year. The only condition is that Russia has to countersign the Kyoto Protocol and thus this could enter into force in 2008. Technically seen this would mean that within five years Japan would be allowed to produce greenhouse gases and exceed the quotas by the volume it managed to buy. Slovak Government guaranteed the sale to Japan. 'We have some reserves in area of greenhouse gases and so we can afford to trade with 'saved' emissions. I consider it an very interesting possibility,' said Manager of Environmental Protection Department of Ministry of Environment, Ivan Mojik

  11. Trade and health in Samoa: views from the insiders.

    Science.gov (United States)

    Fa'alili-Fidow, Jacinta; McCool, Judith; Percival, Teuila

    2014-04-04

    The purpose of this paper is to portray the views of key stakeholders on the potential impacts of Samoa's free trade negotiations and agreements, on health and wellbeing in Samoa. A series of key informant interviews were undertaken with identified stakeholders during June and July, 2011. Interviews were conducted using a semi-structured interview protocol. They were conducted in-person, in New Zealand and in Samoa. Despite potential health and wellbeing gains arising from trade activities (employment, increase in income, health innovations and empowerment of women), key stakeholders expressed a growing concern about the effect of trade on the population's health, nutrition and the rates of non-communicable diseases. Unease about compromising the national policies due to international regulations was also conveyed. Business and trade representatives however, believed that trade benefits outweighed any health and wellbeing risks to the population of Samoa. Further investigation, using new methodologies are required to determine both the opportunities and threats for trade as a mechanism to improve the health of Samoa's population.

  12. Emissions trading stalls

    International Nuclear Information System (INIS)

    Milne, R.

    1998-01-01

    A brief article examines prospects for emission trading of greenhouse gas emissions in the UK. Topics covered include a checklist of principles for any trading system, plans for oil companies to do it internally, the possibility for carbon sinks as well as emissions and developments around the world. (UK) alt. Directly northward of the Sigsbee Escarpment, there is a relatively thin, low-velocity zone known as a ''gumbo zone''. Here two other pressure compartments are proposed. The origin of them is two-fold. First, initial sedimentation consists of pelagic clay draped over oceanic and transitional crust. Later, as the continental margin progrades nearer sedimentation becomes hemipelagic and coarser as gravity-driven sediments predominate. Secondly, as the salt wedge overrides a given spot of the basement, it is possible to develop a shear couple between the migrating salt and the stationary basement. The resultant shear (the site of the next strike-slip fault) may change pressures beneath the salt such that the shear may create two pressure compartments. The differences between the two compartments may be accentuated by lithologic changes caused by depositional mechanisms. (author)

  13. Carbon futures and macroeconomic risk factors. A view from the EU ETS

    International Nuclear Information System (INIS)

    Chevallier, Julien

    2009-01-01

    This article examines the empirical relationship between the returns on carbon futures - a new class of commodity assets traded since 2005 on the European Union Emissions Trading Scheme (EU ETS) - and changes in macroeconomic conditions. By using variables which possess forecast power for equity and commodity returns, we document that carbon futures returns may be weakly forecast on the basis of two variables from the stock and bond markets, i.e. equity dividend yields and the 'junk bond' premium. Our results also suggest that the forecast abilities of two variables related to interest rates variation and economic trends on global commodity markets, respectively the U.S. Treasury bill yields and the excess return on the Reuters/CRB Index, are not robust on the carbon market. This latter result reinforces the belief that the EU ETS is currently operating as a very specific commodity market, with distinct fundamentals linked to allowance supply and power demand. The sensitivity of carbon futures to macroeconomic influences is carefully identified following a sub-sample decomposition before and after August 2007, which attempts to take into account the potential impact of the 'credit crunch' crisis. Collectively, these results challenge the market observers' viewpoint that carbon futures prices are immediately correlated with changes in the macroeconomic environment, and rather suggest that the carbon market is only remotely connected to macroeconomic variables. The economic logic behind these results may be related to the fuel-switching behavior of power producers in influencing primarily carbon futures price changes. (author)

  14. 77 FR 45575 - Foreign-Trade Zone 143-West Sacramento, CA

    Science.gov (United States)

    2012-08-01

    ... Sacramento, CA Application for Extended Production Authority; Subzone 143D, Grafil Inc. (Carbon Fiber Production); Sacramento, California An application has been submitted to the Foreign-Trade Zones Board (the... its facilities located in Sacramento, California. The application conforming to the requirements of...

  15. Developing a molecular platform for potential carbon dioxide fixing

    DEFF Research Database (Denmark)

    Mikkelsen, Mette; Jørgensen, Mikkel; Krebs, Frederik C

    2010-01-01

    This paper presents an attempt to develop a new system for fixing carbon dioxide from the atmosphere. The proposed molecular system has been designed to have the capacity to spontaneously bind CO2 from the atmosphere with high affinity. The molecular system is furthermore designed to have...... the ability to liberate CO2 at a later stage in the process, i.e., in a separate compartment. The liberated CO2 presents a carbon neutral way of obtaining pure CO2. The proposed molecular system is based on a small stable organic molecule that potentially have two forms: one without bound CO2 and one...

  16. Tracking urban carbon footprints from production and consumption perspectives

    International Nuclear Information System (INIS)

    Lin, Jianyi; Hu, Yuanchao; Cui, Shenghui; Kang, Jiefeng; Ramaswami, Anu

    2015-01-01

    Cities are hotspots of socio-economic activities and greenhouse gas emissions. The aim of this study was to extend the research range of the urban carbon footprint (CF) to cover emissions embodied in products traded among regions and intra-city sectors. Using Xiamen City as a study case, the total urban-related emissions were evaluated, and the carbon flows among regions and intra-city sectors were tracked. Then five urban CF accountings were evaluated, including purely geographic accounting (PGA), community-wide infrastructure footprint (CIF), and consumption-based footprint (CBF) methods, as well as the newly defined production-based footprint (PBF) and purely production footprint (PPF). Research results show that the total urban-related emissions of Xiamen City in 2010 were 55.2 Mt CO 2 e/y, of which total carbon flow among regions or intra-city sectors accounted for 53.7 Mt CO 2 e/y. Within the total carbon flow, import and export respectively accounted for 59 and 65%, highlighting the importance of emissions embodied in trade. By regional trade balance, North America and Europe were the largest net carbon exported-to regions, and Mainland China and Taiwan the largest net carbon imported-from regions. Among intra-sector carbon flows, manufacturing was the largest emission-consuming sector of the total urban carbon flow, accounting for 77.4, and 98% of carbon export was through industrial products trade. By the PBF, PPF, CIF, PGA and CBF methods, the urban CFs were respectively 53.7 Mt CO 2 e/y, 44.8 Mt CO 2 e/y, 28.4 Mt CO 2 e/y, 23.7 Mt CO 2 e/y, and 19.0 Mt CO 2 e/y, so all of the other four CFs were higher than the CBF. All of these results indicate that urban carbon mitigation must consider the supply chain management of imported goods, the production efficiency within the city, the consumption patterns of urban consumers, and the responsibility of the ultimate consumers outside the city. (letter)

  17. Tracking urban carbon footprints from production and consumption perspectives

    Science.gov (United States)

    Lin, Jianyi; Hu, Yuanchao; Cui, Shenghui; Kang, Jiefeng; Ramaswami, Anu

    2015-05-01

    Cities are hotspots of socio-economic activities and greenhouse gas emissions. The aim of this study was to extend the research range of the urban carbon footprint (CF) to cover emissions embodied in products traded among regions and intra-city sectors. Using Xiamen City as a study case, the total urban-related emissions were evaluated, and the carbon flows among regions and intra-city sectors were tracked. Then five urban CF accountings were evaluated, including purely geographic accounting (PGA), community-wide infrastructure footprint (CIF), and consumption-based footprint (CBF) methods, as well as the newly defined production-based footprint (PBF) and purely production footprint (PPF). Research results show that the total urban-related emissions of Xiamen City in 2010 were 55.2 Mt CO2e/y, of which total carbon flow among regions or intra-city sectors accounted for 53.7 Mt CO2e/y. Within the total carbon flow, import and export respectively accounted for 59 and 65%, highlighting the importance of emissions embodied in trade. By regional trade balance, North America and Europe were the largest net carbon exported-to regions, and Mainland China and Taiwan the largest net carbon imported-from regions. Among intra-sector carbon flows, manufacturing was the largest emission-consuming sector of the total urban carbon flow, accounting for 77.4, and 98% of carbon export was through industrial products trade. By the PBF, PPF, CIF, PGA and CBF methods, the urban CFs were respectively 53.7 Mt CO2e/y, 44.8 Mt CO2e/y, 28.4 Mt CO2e/y, 23.7 Mt CO2e/y, and 19.0 Mt CO2e/y, so all of the other four CFs were higher than the CBF. All of these results indicate that urban carbon mitigation must consider the supply chain management of imported goods, the production efficiency within the city, the consumption patterns of urban consumers, and the responsibility of the ultimate consumers outside the city.

  18. Trading volume and the number of trades

    OpenAIRE

    Marwan Izzeldin

    2007-01-01

    Trading volume and the number of trades are both used as proxies for market activity, with disagreement as to which is the better proxy for market activity. This paper investigates this issue using high frequency data for Cisco and Intel in 1997. A number of econometric methods are used, including GARCH augmented with lagged trading volume and number of trades, tests based on moment restrictions, regression analysis of volatility on volume and trades, normality of returns when standardized by...

  19. Mineral Carbonation Potential of CO2 from Natural and Industrial-based Alkalinity Sources

    Science.gov (United States)

    Wilcox, J.; Kirchofer, A.

    2014-12-01

    Mineral carbonation is a Carbon Capture and Storage (CSS) technology where gaseous CO2 is reacted with alkaline materials (such as silicate minerals and alkaline industrial wastes) and converted into stable and environmentally benign carbonate minerals (Metz et al., 2005). Here, we present a holistic, transparent life cycle assessment model of aqueous mineral carbonation built using a hybrid process model and economic input-output life cycle assessment approach. We compared the energy efficiency and the net CO2 storage potential of various mineral carbonation processes based on different feedstock material and process schemes on a consistent basis by determining the energy and material balance of each implementation (Kirchofer et al., 2011). In particular, we evaluated the net CO2 storage potential of aqueous mineral carbonation for serpentine, olivine, cement kiln dust, fly ash, and steel slag across a range of reaction conditions and process parameters. A preliminary systematic investigation of the tradeoffs inherent in mineral carbonation processes was conducted and guidelines for the optimization of the life-cycle energy efficiency are provided. The life-cycle assessment of aqueous mineral carbonation suggests that a variety of alkalinity sources and process configurations are capable of net CO2 reductions. The maximum carbonation efficiency, defined as mass percent of CO2 mitigated per CO2 input, was 83% for CKD at ambient temperature and pressure conditions. In order of decreasing efficiency, the maximum carbonation efficiencies for the other alkalinity sources investigated were: olivine, 66%; SS, 64%; FA, 36%; and serpentine, 13%. For natural alkalinity sources, availability is estimated based on U.S. production rates of a) lime (18 Mt/yr) or b) sand and gravel (760 Mt/yr) (USGS, 2011). The low estimate assumes the maximum sequestration efficiency of the alkalinity source obtained in the current work and the high estimate assumes a sequestration efficiency

  20. Potential influence of climate-induced vegetation shifts on future land use and associated land carbon fluxes in Northern Eurasia

    International Nuclear Information System (INIS)

    Kicklighter, D W; Melillo, J M; Lu, X; Cai, Y; Paltsev, S; Sokolov, A P; Reilly, J M; Zhuang, Q; Parfenova, E I; Tchebakova, N M

    2014-01-01

    Climate change will alter ecosystem metabolism and may lead to a redistribution of vegetation and changes in fire regimes in Northern Eurasia over the 21st century. Land management decisions will interact with these climate-driven changes to reshape the region’s landscape. Here we present an assessment of the potential consequences of climate change on land use and associated land carbon sink activity for Northern Eurasia in the context of climate-induced vegetation shifts. Under a ‘business-as-usual’ scenario, climate-induced vegetation shifts allow expansion of areas devoted to food crop production (15%) and pastures (39%) over the 21st century. Under a climate stabilization scenario, climate-induced vegetation shifts permit expansion of areas devoted to cellulosic biofuel production (25%) and pastures (21%), but reduce the expansion of areas devoted to food crop production by 10%. In both climate scenarios, vegetation shifts further reduce the areas devoted to timber production by 6–8% over this same time period. Fire associated with climate-induced vegetation shifts causes the region to become more of a carbon source than if no vegetation shifts occur. Consideration of the interactions between climate-induced vegetation shifts and human activities through a modeling framework has provided clues to how humans may be able to adapt to a changing world and identified the trade-offs, including unintended consequences, associated with proposed climate/energy policies. (paper)

  1. GENETICALLY MODIFIED CROPS: INTERNATIONAL TRADE AND TRADE POLICY EFFECTS

    Directory of Open Access Journals (Sweden)

    George Frisvold

    2015-04-01

    Full Text Available Where approved, producers have adopted genetically modified (GM crops extensively. Yet, areas not adopting GM crops account for large shares of production and consumption. GM crops differ from previous agricultural innovations because consumers may perceive them as fundamentally different from (and potentially inferior to conventionally grown crops. Many countries maintain restrictions on production and importation of GM crops. GM crop adoption affects producers and consumers, not only through technological change, but also through trade policy responses. This article reviews open economy analyses of impacts of GM crops. To varying degrees, commodities are segmented into GM, conventionally grown, and organic product markets. Recent advances in trade modeling consider the consequences of market segmentation, along with consequences of GM crop import restrictions, product segregation requirements, and coexistence policies.

  2. Interest in Currency Trading Learning – Preferred Methods and Motivational Factors

    Directory of Open Access Journals (Sweden)

    Pintar Rok

    2016-02-01

    Full Text Available Background and purpose: This paper analyzes the interest of potential users for learning in the field of currency trading or foreign exchange (forex, FX. The purpose of our article is a to present currency trading, b to present different options, methods and learning approaches to educating in forex, c to present the research results discovering the interest of potential users for learning in the field of currency trading.

  3. Regional Trade Agreement and Agricultural Trade in East African ...

    African Journals Online (AJOL)

    Intra-EAC trade is very low, that is, at 9 per cent of the total regional trade, but it is on upward trend. Agricultural trade accounts for over 40 per cent of the intra-EAC trade. This study investigated the effect of EAC regional trade agreement on the regions agricultural trade by analyzing the degree of trade creation and ...

  4. Trade creation and trade diversion in the Canada - United States Free Trade Agreement

    OpenAIRE

    Kimberly A. Clausing

    2001-01-01

    In this paper the changes in trade patterns introduced by the Canada-United States Free Trade Agreement are examined. Variation in the extent of tariff liberalization under the agreement is used to identify the impact of tariff liberalization on the growth of trade both with member countries and non-member countries. Data at the commodity level are used, and the results indicate that the Canada-United States Free Trade Agreement had substantial trade creation effects, with little evidence of ...

  5. 78 FR 15402 - Xytos, Inc.; Order of Suspension of Trading

    Science.gov (United States)

    2013-03-11

    ... SECURITIES AND EXCHANGE COMMISSION [ File No. 500-1] Xytos, Inc.; Order of Suspension of Trading... financial conditions and business operations, and because of potentially manipulative conduct in the trading... investors require a suspension of trading in the securities of the above-listed company. Therefore, it is...

  6. Trade Policy

    OpenAIRE

    Murray Gibbs

    2007-01-01

    In an otherwise insightful and thoughtful article, Sebastian Pfotenhauer (Trade Policy Is Science Policy,” Issues, Fall 2013) might better have entitled his contribution “Trade Policy Needs to Be Reconciled with Science Policy.” The North American Free Trade Agreement (NAFTA) and the agreements administered by the World Trade Organization, particularly the General Agreement on Tariffs and Trade (GATT) and the Technical Barriers to Trade (TBT), were adopted to promote international trade and i...

  7. Carbon storage potential in natural fiber composites

    Energy Technology Data Exchange (ETDEWEB)

    Pervaiz, Muhammad; Sain, Mohini M. [Faculty of Forestry, Advanced Wood Composite Group, Earth Science Center, University of Toronto, 33 Willcocks Street, Toronto, Ont. (Canada) M5S 3B3

    2003-11-01

    The environmental performance of hemp based natural fiber mat thermoplastic (NMT) has been evaluated in this study by quantifying carbon storage potential and CO{sub 2} emissions and comparing the results with commercially available glass fiber composites. Non-woven mats of hemp fiber and polypropylene matrix were used to make NMT samples by film-stacking method without using any binder aid. The results showed that hemp based NMT have compatible or even better strength properties as compared to conventional flax based thermoplastics. A value of 63 MPa for flexural strength is achieved at 64% fiber content by weight. Similarly, impact energy values (84-154 J/m) are also promising. The carbon sequestration and storage by hemp crop through photosynthesis is estimated by quantifying dry biomass of fibers based on one metric ton of NMT. A value of 325 kg carbon per metric ton of hemp based composite is estimated which can be stored by the product during its useful life. An extra 22% carbon storage can be achieved by increasing the compression ratio by 13% while maintaining same flexural strength. Further, net carbon sequestration by industrial hemp crop is estimated as 0.67 ton/h/year, which is compatible to all USA urban trees and very close to naturally, regenerated forests. A comparative life cycle analysis focused on non-renewable energy consumption of natural and glass fiber composites shows that a net saving of 50 000 MJ (3 ton CO{sub 2} emissions) per ton of thermoplastic can be achieved by replacing 30% glass fiber reinforcement with 65% hemp fiber. It is further estimated that 3.07 million ton CO{sub 2} emissions (4.3% of total USA industrial emissions) and 1.19 million m{sup 3} crude oil (1.0% of total Canadian oil consumption) can be saved by substituting 50% fiber glass plastics with natural fiber composites in North American auto applications. However, to compete with glass fiber effectively, further research is needed to improve natural fiber processing

  8. A fuzzy multi-regional input–output optimization model for biomass production and trade under resource and footprint constraints

    International Nuclear Information System (INIS)

    Tan, Raymond R.; Aviso, Kathleen B.; Barilea, Ivan U.; Culaba, Alvin B.; Cruz, Jose B.

    2012-01-01

    Interest in bioenergy in recent years has been stimulated by both energy security and climate change concerns. Fuels derived from agricultural crops offer the promise of reducing energy dependence for countries that have traditionally been dependent on imported energy. Nevertheless, it is evident that the potential for biomass production is heavily dependent on the availability of land and water resources. Furthermore, capacity expansion through land conversion is now known to incur a significant carbon debt that may offset any benefits in greenhouse gas reductions arising from the biofuel life cycle. Because of such constraints, there is increasing use of non-local biomass through regional trading. The main challenge in the analysis of such arrangements is that individual geographic regions have their own respective goals. This work presents a multi-region, fuzzy input–output optimization model that reflects production and consumption of bioenergy under land, water and carbon footprint constraints. To offset any local production deficits or surpluses, the model allows for trade to occur among different regions within a defined system; furthermore, importation of additional biofuel from external sources is also allowed. Two illustrative case studies are given to demonstrate the key features of the model.

  9. International provision of trade services, trade, and fragmentation

    OpenAIRE

    Deardorff, Alan V.

    2001-01-01

    The author examines the special role that trade liberalization in services industries can play in stimulating trade in both services, and goods. International trade in goods requires inputs from such trade services as transportation, insurance, and finance, for example. Restrictions on services across borders, and within foreign countries add costs, and barriers to international trade. Lib...

  10. 6. Analisis Implementasi Cyber Security Di Uni Eropa: Studi Kasus Carbon Credits Hacking Dalam European Union Emission Trading Scheme (EU ETS) Tahun 2010-2013

    OpenAIRE

    Aisya, Naila Sukma; Putranti, Ika Riswanti; Wahyudi, Fendy Eko

    2017-01-01

    Since the last two decades in the 20th century, the European Union (EU) has presented itself as a leader in climate change issues. The leadership manifested in the formation of the European Union Emission Trading Scheme (EU ETS) as an effort to fulfill the commitments of the Kyoto Protocol to reduce emissions in the region. But the existence of the EU ETS has been challenged by the emergence of carbon credits hacking case in some national registration systems in the EU ETS. This study discuss...

  11. Trade in health services in the ASEAN region.

    Science.gov (United States)

    Arunanondchai, Jutamas; Fink, Carsten

    2006-12-01

    Promoting quality health services to large population segments is a key ingredient to human and economic development. At its core, healthcare policymaking involves complex trade-offs between promoting equitable and affordable access to a basic set of health services, creating incentives for efficiencies in the healthcare system and managing constraints in government budgets. International trade in health services influences these trade-offs. It presents opportunities for cost savings and access to better quality care, but it also raises challenges in promoting equitable and affordable access. This paper offers a discussion of trade policy in health services for the ASEAN region. It reviews the existing patterns of trade and identifies policy measures that could further harness the benefits from trade in health services and address potential pitfalls that deeper integration may bring about.

  12. The Australian coal industry: now, and the future under carbon dioxide emission restrictions

    International Nuclear Information System (INIS)

    Cain, D.A.

    1990-01-01

    Coal produces more carbon dioxide per unit of combustion energy than other fossil fuels. Therefore, reducing coal consumption is commonly advocated as one way to control greenhouse gas emissions and hence predicted global warming. Australia is highly dependent on coal, both as a primary energy source and as a major export commodity. Action to reduce carbon dioxide emissions by substantially decreasing coal consumption would have a very serious impact on the Australian coal industry and the Australian economy. Australia's dependence on coal and the potential conflict between the objective of further processing Australia's mineral exports and calls to limit carbon dioxide emissions is described. The effect on coal consumption of one scenario for reducing Australia's carbon dioxide emissions from electricity generation and possible effects of global carbon dioxide emission reductions on world coal trade are discussed. 24 refs., 2 tabs., 4 figs

  13. Expanding the development benefits from carbon offsets

    Energy Technology Data Exchange (ETDEWEB)

    Ayres, Jessica; Grieg-Gran, Maryanne; Harris, Lizzie; Huq, Saleemul

    2006-10-15

    The Clean Development Mechanism (CDM) of the Kyoto Protocol which allows for trade in emission reductions between developing and developed countries has a specific aim of ensuring that carbon emission reduction projects contribute to sustainable development of the host country according to standards set by that country. However, the development potential of transactions under the CDM is constrained by a number of factors. Governments face the dilemma of setting demanding sustainable development criteria and running the risk of losing investments to other developing countries with less demanding standards, or setting less stringent standards and thus generating little benefit at the local level. This is compounded by the fact that concluding deals under the CDM in developing countries is more expensive, time-consuming and risky than buying carbon credits elsewhere.

  14.   Border Carbon Adjustments, the UNFCCC and WTO Rules

    DEFF Research Database (Denmark)

    Nielsen, Laura

    2010-01-01

      My presentation on Trade and Climate Change concludes that border carbon adjustments can be consistent with both the climate change and WTO rules - depending of course on their design - but that they are not necessarily attractive. ......  My presentation on Trade and Climate Change concludes that border carbon adjustments can be consistent with both the climate change and WTO rules - depending of course on their design - but that they are not necessarily attractive. ...

  15. EU-Type Carbon Emissions Trade and the Distributional Impact of Overlapping Emissions Taxes

    OpenAIRE

    Thomas Eichner; Rüdiger Pethig

    2009-01-01

    The European Union fulfills its emissions reductions commitments by means of an emissions trading scheme covering some part of each member state’s economy and by national emissions control in the rest of their economies. The member states also levy energy/emissions taxes overlapping with the trading scheme. Restricting our focus on cost-effective policies, this paper investigates the distributive consequences of increasing the overlapping emissions tax that is uniform across countries. For ...

  16. Advancing Sustainable Development in Global Trade and Multilateral Negotiations

    Directory of Open Access Journals (Sweden)

    Christophe Bellmann

    2011-05-01

    Full Text Available Published by Palgrave MacmillanWorld exports and imports are quickly recovering after the 2008-09 sharp decline in merchandise trade, as illustrated by global trade performances in the first and second quarters of 2010. In spite of this impressive recovery, domestic concerns in OECD countries about employment, competitiveness and China’s exchange rate policy have created a difficult political environment for further liberalisation under the Doha Round. Interestingly, developing countries, which were reluctant to engage in a new round of trade negotiations back in 2001, are now in the vanguard of those that wish for a swift conclusion of the talks, even if consensus on the ambitious ‘development package’ envisaged in Doha remains elusive. At the same time trade has been the subject of unprecedented attention and scrutiny in the climate change talks. In a world where multilateral cooperation is in crisis there is a dire need for the international community to generate new types of arrangements and innovative responses to the imperatives of development and the global transition to a low-carbon economy.

  17. Analysis of CDM projects’ potential benefits

    Directory of Open Access Journals (Sweden)

    José Affonso dos Reis Junior

    2015-11-01

    Full Text Available Objective – The main goal of this study is to identify and assess, within sustainability reports, information concerning potential carbon credits obtained through projects carried out under Clean Development Mechanism (CDM assumptions, as well as to assess CDM project experts’ perceptions of obstacles to entering carbon credit markets. Design/methodology/approach – exploratory, descriptive, bibliographical and documental research, and interviews. Theoretical basis - Research was based on the concepts of sustainability, especially as to environmental responsibility (CSR; cost-benefit analysis was also considered, since selling carbon credits can be a way of mitigating the trade off between immediate shareholder satisfaction and investment in CSR. Findings – The perceptions of representatives from carbon credit projects’ certifying companies was examined by means of a series of interviews – concluding that savings in costs, business marketing and certifications are even greater motivators than carbon credits themselves. We estimated that, through energy efficiency, the projects discussed in 2011 sustainability reports would be capable of saving approximately 538 million reais in costs. In addition, 40 million reais, considering the rate of the euro and of securities on December 31, 2014, would be gained through the sale of carbon credits. Practical implications – Thus, this research helps to demonstrate the significant potential for further financial gains that companies may obtain through energy efficiency and habitat restructuring, whether by taking advantage of CO2 reduction brought about by such projects, or by developing new projects that continue to benefit economy, society and the environment.

  18. Trade and Sustainable Development Goals (SDGs): How can trade in education services contribute to the SDGs?

    OpenAIRE

    Lim, Aik Hoe; Apaza, Pamela; Horj, Alin

    2017-01-01

    While trade can greatly contribute to providing more education opportunities in the development world, its potential has not been fully exploited so far. This paper examines how international trade can help increase supply of and investment in higher education, thereby enhancing access and quality in support of the Sustainable Development Goals (SDGs). First, the paper examines the changing dynamics in the higher education sector and how these have spurred reforms in education systems and nov...

  19. THE WORLD TRADE ORGANIZATION (WTO FREE TRADE WITHIN FAIR TRADE CHALLENGES

    Directory of Open Access Journals (Sweden)

    M. Ya’kub Aiyub Kadir

    2014-06-01

    Full Text Available Free trade and fair trade are considered an ambiguous term with relative meanings of identification. Objectively, free and fair trade does not mean completely free and fair, but it means trade under binding rules obeyed by member countries as a consequence of their commitment after signing and ratification of the WTO agreements. Hence, this paper aims at exploring the issue and does an effort to harmonise between free trade and fair trade within the WTO system. Perdagangan bebas dan perdagangan yang adil adalah dua istilah yang ambigu maknanya. Secara obyektif, perdagangan bebas tidak bermakna bebas dan adil seluruhnya, tetapi bermakna sebuah perdagangan di bawah aturan-aturan mengikat setelah negara anggota menandatangani dan meratifikasi kesepakatan WTO. Tetapi dalam realitas kebanyakan Negara, terutama negara berkembang tidak mampu untuk membuka pasar dan menurunkan tarif secara keseluruhan. Persoalan tidak berimbangnya kekuatan, kurang demokrasi, krisis legitimasi dan dobel standar dalam WTO sistem merupakan sebuah tantangan yang masih berlanjut. Paper ini akan mengkaji persoalan ini dan berupaya mengharmonisasikan antara perdagangan bebas dan adil dalam sistem WTO.

  20. THE WORLD TRADE ORGANIZATION (WTO FREE TRADE WITHIN FAIR TRADE CHALLENGES

    Directory of Open Access Journals (Sweden)

    M. Ya’kub Aiyub Kadir

    2014-06-01

    Full Text Available Free trade and fair trade are considered an ambiguous term with relative meanings of identification. Objectively, free and fair trade does not mean completely free and fair, but it means trade under binding rules obeyed by member countries as a consequence of their commitment after signing and ratification of the WTO agreements. Hence, this paper aims at exploring the issue and does an effort to harmonise between free trade and fair trade within the WTO system.   Perdagangan bebas dan perdagangan yang adil adalah dua istilah yang ambigu maknanya. Secara obyektif, perdagangan bebas tidak bermakna bebas dan adil seluruhnya, tetapi bermakna sebuah perdagangan di bawah aturan-aturan mengikat setelah negara anggota menandatangani dan meratifikasi kesepakatan WTO. Tetapi dalam realitas kebanyakan Negara, terutama negara berkembang tidak mampu untuk membuka pasar dan menurunkan tarif secara keseluruhan. Persoalan tidak berimbangnya kekuatan, kurang demokrasi, krisis legitimasi dan dobel standar dalam WTO sistem merupakan sebuah tantangan yang masih berlanjut. Paper ini akan mengkaji persoalan ini dan berupaya mengharmonisasikan antara perdagangan bebas dan adil dalam sistem WTO.

  1. Exchange Rate and the PRC Foreign Trade

    Directory of Open Access Journals (Sweden)

    Izotov D. A.

    2009-09-01

    Full Text Available The stages of exchange rate regulation and foreign trade systems reforming in PRC during the period 1978-2008 are examined. A quantitative assessment of PRC foreign trade parameters reactions to the currency rate dynamics on the national and regional levels is made. Also the import and export impact of potential exchange rate changes is estimated

  2. One strategy for estimating the potential soil carbon storage due to CO2 fertilization

    International Nuclear Information System (INIS)

    Harrison, K.G.; Bonani, G.

    1994-01-01

    Soil radiocarbon measurements can be used to estimate soil carbon turnover rates and inventories. A labile component of soil carbon has the potential to respond to perturbations such as CO 2 fertilization, changing climate, and changing land use. Soil carbon has influenced past and present atmospheric CO 2 levels and will influence future levels. A model is used to calculate the amount of additional carbon stored in soil because of CO 2 fertilization

  3. Carbon Emission Mitigation Potentials of Different Policy Scenarios and Their Effects on International Aviation in the Korean Context

    Directory of Open Access Journals (Sweden)

    Sungwook Yoon

    2016-11-01

    Full Text Available The objective of this study is to seek better policy options for greenhouse gas (GHG emission reduction in Korea’s international aviation industry by analyzing economic efficiency and environmental effectiveness with a system dynamics (SD model. Accordingly, we measured airlines sales and CO2 emission reductions to evaluate economic efficiency and environmental effectiveness, respectively, for various policies. The results show that the average carbon emission reduction rates of four policies compared to the business-as-usual (BAU scenario between 2015 and 2030 are 4.00% (Voluntary Agreement, 7.25% (Emission Trading System or ETS-30,000, 8.33% (Carbon Tax or CT-37,500, and 8.48% (Emission Charge System or EC-30,000. The average rate of decrease in airline sales compared to BAU for the ETS policy is 0.1% at 2030. Our results show that the ETS approach is the most efficient of all the analyzed CO2 reduction policies in economic terms, while the EC approach is the best policy to reduce GHG emissions. This study provides a foundation for devising effective response measures pertaining to GHG reduction and supports decision making on carbon tax and carbon credit pricing.

  4. Genotoxicity of carbon nanofibers: Are they potentially more or less dangerous than carbon nanotubes or asbestos?

    International Nuclear Information System (INIS)

    Kisin, E.R.; Murray, A.R.; Sargent, L.; Lowry, D.; Chirila, M.; Siegrist, K.J.; Schwegler-Berry, D.; Leonard, S.; Castranova, V.; Fadeel, B.; Kagan, V.E.; Shvedova, A.A.

    2011-01-01

    The production of carbon nanofibers and nanotubes (CNF/CNT) and their composite products is increasing globally. CNF are generating great interest in industrial sectors such as energy production and electronics, where alternative materials may have limited performance or are produced at a much higher cost. However, despite the increasing industrial use of carbon nanofibers, information on their potential adverse health effects is limited. In the current study, we examine the cytotoxic and genotoxic potential of carbon-based nanofibers (Pyrograf (registered) -III) and compare this material with the effects of asbestos fibers (crocidolite) or single-walled carbon nanotubes (SWCNT). The genotoxic effects in the lung fibroblast (V79) cell line were examined using two complementary assays: the comet assay and micronucleus (MN) test. In addition, we utilized fluorescence in situ hybridization to detect the chromatin pan-centromeric signals within the MN indicating their origin by aneugenic (chromosomal malsegregation) or clastogenic (chromosome breakage) mechanisms. Cytotoxicity tests revealed a concentration- and time-dependent loss of V79 cell viability after exposure to all tested materials in the following sequence: asbestos > CNF > SWCNT. Additionally, cellular uptake and generation of oxygen radicals was seen in the murine RAW264.7 macrophages following exposure to CNF or asbestos but not after administration of SWCNT. DNA damage and MN induction were found after exposure to all tested materials with the strongest effect seen for CNF. Finally, we demonstrated that CNF induced predominately centromere-positive MN in primary human small airway epithelial cells (SAEC) indicating aneugenic events. Further investigations are warranted to elucidate the possible mechanisms involved in CNF-induced genotoxicity.

  5. The Effect of a Consumption-Based Accounting Method in National GHG Inventories: A Trilateral Trade System Application

    Energy Technology Data Exchange (ETDEWEB)

    Bastianoni, Simone, E-mail: bastianoni@unisi.it; Caro, Dario [Ecodynamics Group, Department of Earth, Environmental and Physical Sciences, University of Siena, Siena (Italy); Borghesi, Simone [Department of Political and International Sciences, University of Siena, Siena (Italy); Pulselli, Federico Maria [Ecodynamics Group, Department of Earth, Environmental and Physical Sciences, University of Siena, Siena (Italy)

    2014-01-27

    The allocation of emissions embodied in international trade is crucial to evaluate the real impact that each country has on climate change and its responsibility in greenhouse gas (GHG) emissions. In this paper, we develop a new theoretical framework recently proposed by Caro et al. (2014) that computes the carbon emissions embodied in international trade according to a consumption-based accounting. The method uses the value of the goods traded internationally and the respective carbon intensity as a coefficient of national efficiency. To provide an example of application of the proposed methodology and assess its difference with respect to the current producer-based GHG accounting, we analyze a trilateral trade system composed by three countries (Sweden, Italy, and Poland) with large differences in terms of carbon intensity (low, medium, and high carbon intensity, respectively). From the analysis of the data during the period 2000–2008, it emerges that the proposed consumption-based accounting would imply an increase of Italian and Swedish emission responsibility by 1.4 and 11.8%, respectively, with respect to the conventional GHG accounting, and a decrease of the Polish responsibility by 2.81%. To assess the possible consequences deriving from the application of this new methodology, we also consider the effects of a shift of the Italian imports from Poland to Sweden of Machinery and Transport Equipments, a crucial sector in the trade relations among the three countries, which accounts for about 45% of total exports from Poland and Sweden to Italy. Finally, we discuss some policy implications deriving from the application of the consumption-based accounting, devoting particular attention to the results emerging from its hypothetical adoption in the EU-27. The analysis performed in the paper suggests that the adoption of a consumption-based accounting could be an important tool in the climate change challenge to reduce global emissions.

  6. The Effect of a Consumption-Based Accounting Method in National GHG Inventories: A Trilateral Trade System Application

    International Nuclear Information System (INIS)

    Bastianoni, Simone; Caro, Dario; Borghesi, Simone; Pulselli, Federico Maria

    2014-01-01

    The allocation of emissions embodied in international trade is crucial to evaluate the real impact that each country has on climate change and its responsibility in greenhouse gas (GHG) emissions. In this paper, we develop a new theoretical framework recently proposed by Caro et al. (2014) that computes the carbon emissions embodied in international trade according to a consumption-based accounting. The method uses the value of the goods traded internationally and the respective carbon intensity as a coefficient of national efficiency. To provide an example of application of the proposed methodology and assess its difference with respect to the current producer-based GHG accounting, we analyze a trilateral trade system composed by three countries (Sweden, Italy, and Poland) with large differences in terms of carbon intensity (low, medium, and high carbon intensity, respectively). From the analysis of the data during the period 2000–2008, it emerges that the proposed consumption-based accounting would imply an increase of Italian and Swedish emission responsibility by 1.4 and 11.8%, respectively, with respect to the conventional GHG accounting, and a decrease of the Polish responsibility by 2.81%. To assess the possible consequences deriving from the application of this new methodology, we also consider the effects of a shift of the Italian imports from Poland to Sweden of Machinery and Transport Equipments, a crucial sector in the trade relations among the three countries, which accounts for about 45% of total exports from Poland and Sweden to Italy. Finally, we discuss some policy implications deriving from the application of the consumption-based accounting, devoting particular attention to the results emerging from its hypothetical adoption in the EU-27. The analysis performed in the paper suggests that the adoption of a consumption-based accounting could be an important tool in the climate change challenge to reduce global emissions.

  7. Streamlining air import operations by trade facilitation measures

    Directory of Open Access Journals (Sweden)

    Yuri da Cunha Ferreira

    2017-12-01

    Full Text Available Global operations are subject to considerable uncertainties. Due to the Trade Facilitation Agreement that became effective in February 2017, the study of measures to streamline customs controls is urgent. This study aims to assess the impact of trade facilitation measures on import flows. An experimental study was performed in the largest cargo airport in South America through discrete-event simulation and design of experiments. Operation impacts of three trade facilitation measures are assessed on import flow by air. We shed light in the following trade facilitation measures: the use of X-ray equipment for physical inspection; increase of the number of qualified companies in the trade facilitation program; performance targets for customs officials. All trade facilitation measures used indicated potential to provide more predictability, cost savings, time reduction, and increase in security in international supply chain.

  8. Dynamic Interaction between Cap & Trade and Electricity Markets

    Science.gov (United States)

    Jeev, Kumar

    Greenhouse Gases (GHG), such as Carbon-Dioxide (CO2), which is released in the atmosphere due to anthropogenic activities like power production, are now accepted as the main culprits for global warming. The Regional Greenhouse Gas Initiative (RGGI), an initiative of the North East and Mid-Atlantic States of the United States (US) for limiting the emission of GHG, has developed a regional cap-and-trade program for CO2 emissions for power plants. Existing cap-and-trade programs in US and Europe for Greenhouse Gases have recently been plagued by over-allocation. Carbon prices recently collapsed in all these markets during the global recession. Since then, there have been significant policy changes, which have resulted in the adoption of aggressive emission cap targets by most major carbon emission markets. This is expected to make carbon emissions availability more restrictive, raising the prices of these credits. These emissions markets are expected to have a major impact on the wholesale electricity markets. Two models to study the interaction of these two markets are presented. These models assess the impact of the emissions market on wholesale electricity prices. The first model characterizes the competition between two types of power plants (coal and gas) in both the electricity and emissions markets as a dynamic game using the Cournot approximation. Under this approximation, we find that in the Nash equilibrium the plants increase their permit allocation to high-demand periods and the marginal value of each credit for a plant is identical in all periods under their optimal equilibrium strategy. The second numerical model allows us to explicitly evaluate the closed loop equilibrium of the dynamic interaction of two competitors in these markets. We find that plants often try to corner the market and push prices all the way to the price cap. Power plants derive most of their profits from these extreme price regimes. In the experiments where trading is allowed

  9. China's foreign trade and climate change. A case study of CO{sub 2} emissions

    Energy Technology Data Exchange (ETDEWEB)

    Yunfeng, Yan [Business School, East China Normal University, 500 Dongchuan Rd., Shanghai 200241 (China); Laike, Yang [Center of International Finance and Risk Management, East China Normal University, 500 Dongchuan Rd., Shanghai 200241 (China)

    2010-01-15

    The globalization of trade has numerous environmental implications. Trade creates a mechanism for consumers to shift environmental pollution associated with their consumption to other countries. Carbon leakage exerts great influences on international trade and economy. Applying an input-output approach, the paper estimates the amount of carbon dioxide (CO{sub 2}) embodied in China's foreign trade during 1997-2007. It is found that 10.03-26.54% of China's annual CO{sub 2} emissions are produced during the manufacture of export goods destined for foreign consumers, while the CO{sub 2} emissions embodied in China's imports accounted for only 4.40% (1997) and 9.05% (2007) of that. We also estimate that the rest of world avoided emitting 150.18 Mt CO{sub 2} in 1997, increasing to 593 Mt in 2007, as a result of importing goods from China, rather than manufacturing the same type and quantity of goods domestically. During 1997-2007, the net 'additional' global CO{sub 2} emissions resulting from China's exports were 4894 Mt. Then, the paper divides the trade-embodied emissions into scale, composition and technical effect. It was found that scale and composition effect increased the CO{sub 2} emissions embodied in trade while the technical effect offset a small part of them. Finally, its mechanism and policy implications are presented. (author)

  10. China's foreign trade and climate change: A case study of CO{sub 2} emissions

    Energy Technology Data Exchange (ETDEWEB)

    Yan Yunfeng, E-mail: yyf007@126.co [Business School, East China Normal University, 500 Dongchuan Rd., Shanghai 200241 (China); Yang Laike, E-mail: lkyang@bs.ecnu.edu.c [Center of International Finance and Risk Management, East China Normal University, 500 Dongchuan Rd., Shanghai 200241 (China)

    2010-01-15

    The globalization of trade has numerous environmental implications. Trade creates a mechanism for consumers to shift environmental pollution associated with their consumption to other countries. Carbon leakage exerts great influences on international trade and economy. Applying an input-output approach, the paper estimates the amount of carbon dioxide (CO{sub 2}) embodied in China's foreign trade during 1997-2007. It is found that 10.03-26.54% of China's annual CO{sub 2} emissions are produced during the manufacture of export goods destined for foreign consumers, while the CO{sub 2} emissions embodied in China's imports accounted for only 4.40% (1997) and 9.05% (2007) of that. We also estimate that the rest of world avoided emitting 150.18 Mt CO{sub 2} in 1997, increasing to 593 Mt in 2007, as a result of importing goods from China, rather than manufacturing the same type and quantity of goods domestically. During 1997-2007, the net 'additional' global CO{sub 2} emissions resulting from China's exports were 4894 Mt. Then, the paper divides the trade-embodied emissions into scale, composition and technical effect. It was found that scale and composition effect increased the CO{sub 2} emissions embodied in trade while the technical effect offset a small part of them. Finally, its mechanism and policy implications are presented.

  11. Emerging product carbon footprint standards and schemes and their possible trade impacts

    Energy Technology Data Exchange (ETDEWEB)

    Bolwig, S.; Gibbon, P.

    2009-12-15

    Concern over climate change has stimulated interest in estimating the total amount of greenhouse gasses produced during the life-cycle of goods and services - i.e. during their production, transportation, sale, use and disposal. The outcome of these calculations is referred to as 'product carbon footprints' (PCFs). The paper reviews the rationale, context, coverage and characteristics of emerging standards and certification schemes that estimate and designate PCFs, and discusses the possible impacts on trade, particularly exports from distant and developing countries. It draws on a survey of PCF certification schemes carried out during 2009, on a review of evolving international and national standards, and on a review of consumer surveys. Since 2007 one public standard, and two public and 14 private certification schemes referring to standards for calculating and communicating PCFs have become operational. Two new international standards and several new schemes, including three public ones, are due to become operational by 2011 or earlier. The private schemes are owned by a mixture of voluntary bodies and private companies, including some large retailers. Many provide assistance for reducing carbon footprints or procedures for certification or labelling. Nonetheless, to date only a few thousand products have been footprinted. As PCFs are already becoming market access requirements for bio-fuels imported to the EU, and may also become EU market access requirements for all mass-produced goods within 10-15 years, there is a danger that developing country exporters will lose out as a result. This is because: they are less likely to have the resources necessary for calculating and verifying PCFs; publicly available datasets are less likely to include processes carried out mainly in developing countries; and some existing standards do not currently include production of capital goods in their definition of product life cycles, which imparts a bias against

  12. Carbon sequestration potential and physicochemical properties differ between wildfire charcoals and slow-pyrolysis biochars.

    Science.gov (United States)

    Santín, Cristina; Doerr, Stefan H; Merino, Agustin; Bucheli, Thomas D; Bryant, Rob; Ascough, Philippa; Gao, Xiaodong; Masiello, Caroline A

    2017-09-11

    Pyrogenic carbon (PyC), produced naturally (wildfire charcoal) and anthropogenically (biochar), is extensively studied due to its importance in several disciplines, including global climate dynamics, agronomy and paleosciences. Charcoal and biochar are commonly used as analogues for each other to infer respective carbon sequestration potentials, production conditions, and environmental roles and fates. The direct comparability of corresponding natural and anthropogenic PyC, however, has never been tested. Here we compared key physicochemical properties (elemental composition, δ 13 C and PAHs signatures, chemical recalcitrance, density and porosity) and carbon sequestration potentials of PyC materials formed from two identical feedstocks (pine forest floor and wood) under wildfire charring- and slow-pyrolysis conditions. Wildfire charcoals were formed under higher maximum temperatures and oxygen availabilities, but much shorter heating durations than slow-pyrolysis biochars, resulting in differing physicochemical properties. These differences are particularly relevant regarding their respective roles as carbon sinks, as even the wildfire charcoals formed at the highest temperatures had lower carbon sequestration potentials than most slow-pyrolysis biochars. Our results challenge the common notion that natural charcoal and biochar are well suited as proxies for each other, and suggest that biochar's environmental residence time may be underestimated when based on natural charcoal as a proxy, and vice versa.

  13. Forest carbon calculators: a review for managers, policymakers, and educators

    Science.gov (United States)

    Harold S.J. Zald; Thomas A. Spies; Mark E. Harmon; Mark J. Twery

    2016-01-01

    Forests play a critical role sequestering atmospheric carbon dioxide, partially offsetting greenhouse gas emissions, and thereby mitigating climate change. Forest management, natural disturbances, and the fate of carbon in wood products strongly influence carbon sequestration and emissions in the forest sector. Government policies, carbon offset and trading programs,...

  14. Health benefits, ecological threats of low-carbon electricity

    Science.gov (United States)

    Gibon, Thomas; Hertwich, Edgar G.; Arvesen, Anders; Singh, Bhawna; Verones, Francesca

    2017-03-01

    Stabilizing global temperature will require a shift to renewable or nuclear power from fossil power and the large-scale deployment of CO2 capture and storage (CCS) for remaining fossil fuel use. Non-climate co-benefits of low-carbon energy technologies, especially reduced mortalities from air pollution and decreased ecosystem damage, have been important arguments for policies to reduce CO2 emissions. Taking into account a wide range of environmental mechanisms and the complex interactions of the supply chains of different technologies, we conducted the first life cycle assessment of potential human health and ecological impacts of a global low-carbon electricity scenario. Our assessment indicates strong human health benefits of low-carbon electricity. For ecosystem quality, there is a significant trade-off between reduced pollution and climate impacts and potentially significant ecological impacts from land use associated with increased biopower utilization. Other renewables, nuclear power and CCS show clear ecological benefits, so that the climate mitigation scenario with a relatively low share of biopower has lower ecosystem impacts than the baseline scenario. Energy policy can maximize co-benefits by supporting other renewable and nuclear power and developing biomass supply from sources with low biodiversity impact.

  15. International trade agreements challenge tobacco and alcohol control policies.

    Science.gov (United States)

    Zeigler, Donald W

    2006-11-01

    This report reviews aspects of trade agreements that challenge tobacco and alcohol control policies. Trade agreements reduce barriers, increase competition, lower prices and promote consumption. Conversely, tobacco and alcohol control measures seek to reduce access and consumption, raise prices and restrict advertising and promotion in order to reduce health and social problems. However, under current and pending international agreements, negotiated by trade experts without public health input, governments and corporations may challenge these protections as constraints on trade. Advocates must recognise the inherent conflicts between free trade and public health and work to exclude alcohol and tobacco from trade agreements. The Framework Convention on Tobacco Control has potential to protect tobacco policies and serve as a model for alcohol control.

  16. Potential impacts of black carbon on the marine microbial community

    NARCIS (Netherlands)

    Malits, A.; Cattaneo, R.; Sintes, E.; Gasol, J.M.; Herndl, G.J.; Weinbauer, M.G.

    2015-01-01

    Black carbon (BC) is the carbonaceous residue of the incomplete combustion of fossil fuels and biomass and encompasses a range of chemically heterogeneous substances from partly charred plant material to highly condensed soot aerosols. We addressed the potential role of BC aerosol deposition on

  17. Potential Effects of Organic Carbon Production on Ecosystems and Drinking Water Quality

    Directory of Open Access Journals (Sweden)

    Larry R. Brown

    2003-10-01

    Full Text Available Restoration of tidal wetlands in the Sacramento-San Joaquin Delta (Delta is an important component of the Ecosystem Restoration Program of the CALFED Bay-Delta Program (CALFED. CALFED is a collaborative effort among state and federal agencies to restore the ecological health and improve water management of the Delta and San Francisco Bay (Bay. Tidal wetland restoration is intended to provide valuable habitat for organisms and to improve ecosystem productivity through export of various forms of organic carbon, including both algae and plant detritus. However, the Delta also provides all or part of the drinking water for over 22 million Californians. In this context, increasing sources of organic carbon may be a problem because of the potential increase in the production of trihalomethanes and other disinfection by-products created during the process of water disinfection. This paper reviews the existing information about the roles of organic carbon in ecosystem function and drinking water quality in the Bay-Delta system, evaluates the potential for interaction, and considers major uncertainties and potential actions to reduce uncertainty. In the last 10 years, substantial progress has been made on the role of various forms of organic carbon in both ecosystem function and drinking water quality; however, interactions between the two have not been directly addressed. Several ongoing studies are beginning to address these interactions, and the results from these studies should reduce uncertainty and provide focus for further research.

  18. Environmental accounts and trade - a Swedish pilot study

    International Nuclear Information System (INIS)

    Wadeskog, A.

    2001-01-01

    Environmental accounts are supposed to register environmental impacts of economic activities performed by residents on a national basis. However, the international division of labour is not explicitly addressed. A small, open, economy like Sweden use resources, and thereby cause emissions, in other countries due to what is imported for intermediate or final use. On the other hand, the things we export to other countries cause emissions in Sweden. This means that there is an environmental balance of trade that is not explicitly addressed in the accounts. There are however possibilities to estimate these effects. Through input-output analysis it is possible to analyse the value added chain of the different goods and service that make up the final demand, i.e. a form of cradle-to-grave analysis. Environmental trade can be estimated in several ways. One method is to assume that emissions follow the pattern of the trade balance and equal out over time, i.e. ignore the problem. Another method is to calculate the effect of differences in volume and composition in exports and imports. In most cases this is done using the domestic input-output tables and emission coefficients, i.e. assuming that all trading partners have identical resource use, technology and economic structure. A pilot study of the environmental trade balance for Sweden, using different aggregated emissions data for our trading partners and the Swedish input-output table, show that the results calculated with these methods will underestimate external emissions considerably for carbon dioxides and sulphur dioxides. However, for nitrogen oxides emission these methods seem to suffice

  19. International trade law perspectives on paperless trade and inclusive digital trade

    OpenAIRE

    Mitchell, Andrew D.; Mishra, Neha

    2017-01-01

    Cross-border paperless trade is increasingly important to generate economic gains in a digitalised economy. Several developing and least developed countries will need to modernise their domestic laws and regulations to facilitate cross-border electronic transmissions, particularly to promote cloud computing and electronic payments. In recent trade agreements, trading partners have committed to deeper and more comprehensive provisions on electronic commerce, including adopting domestic laws on...

  20. Unsustainable colletion and unfair trade?

    DEFF Research Database (Denmark)

    Larsen, Helle Overgaard; Olsen, Carsten Smith

    2007-01-01

    Abstract The trade in medicinal plants for herbal remedies is large and probably increasing. The trade has attracted the attention of scientists and development planners interested in the impact on plant populations and the potential to improve rural livelihoods through community based management...... and conservation. This has resulted in a large number of publications and development activities, ranging from small NGO projects to new government policies. Through a review of 119 references from Nepal, 4 common assumptions regarding the medicinal plant collection and trade have been identified: I....... The commercial medicinal plant resource base is becoming ever more degraded as a consequence of collection; II. The medicinal plants are an open-access resource; III. Cultivation can contribute to conservation of commercially collected medicinal plant species; and IV. Medicinal plant harvesters are cheated...

  1. Composite carbon foam electrode

    Science.gov (United States)

    Mayer, Steven T.; Pekala, Richard W.; Kaschmitter, James L.

    1997-01-01

    Carbon aerogels used as a binder for granularized materials, including other forms of carbon and metal additives, are cast onto carbon or metal fiber substrates to form composite carbon thin film sheets. The thin film sheets are utilized in electrochemical energy storage applications, such as electrochemical double layer capacitors (aerocapacitors), lithium based battery insertion electrodes, fuel cell electrodes, and electrocapacitive deionization electrodes. The composite carbon foam may be formed by prior known processes, but with the solid particles being added during the liquid phase of the process, i.e. prior to gelation. The other forms of carbon may include carbon microspheres, carbon powder, carbon aerogel powder or particles, graphite carbons. Metal and/or carbon fibers may be added for increased conductivity. The choice of materials and fibers will depend on the electrolyte used and the relative trade off of system resistivty and power to system energy.

  2. Looking Forward. The Carbon Markets

    International Nuclear Information System (INIS)

    Wilder, M.

    2006-02-01

    An overview is given of possible future developments in the market for carbon dioxide emissions trading. In this presentation it is concluded that the carbon market is here and now, that the carbon market is global and China and India are major players, that global capital is on the move and delay is dangerous, that there is a world of opportunity for Australian companies and with inaction there is a risk to fall off the fringe

  3. International standards in mitigating trade risks.

    Science.gov (United States)

    Thiermann, A B

    2011-04-01

    This paper describes the role of the World Organisation for Animal Health (OIE), as a science-based and democratic standard-setting organisation that provides guidance on preventing the spread of animal diseases, including zoonoses, in international trade. The World Trade Organization is identified as the international institution with the legal power to encourage adherence to international standards and mediate trade disputes. The importance of assuring good governance and the credibility of national Veterinary Services through a process of official certification is identified as an essential component in the safety of trade. Private-public partnerships and the evolution of responsibilities are also identified as essential for the implementation of health guarantees such as compartmentalisation. The rapid emergence of private standards is described as a potential complement to the implementation of sanitary standards, as long as they are applied globally and in support of the OIE standards. Ultimately, the biggest challenge is for the international community to create the incentives and generate the political will for fair trade and for the universal recognition and application of the established international sanitary standards.

  4. EU Action against Climate Change. EU emissions trading. An open scheme promoting global innovation

    International Nuclear Information System (INIS)

    2005-01-01

    The European Union is committed to global efforts to reduce the greenhouse gas emissions from human activities that threaten to cause serious disruption to the world's climate. Building on the innovative mechanisms set up under the Kyoto Protocol to the 1992 United Nations Framework Convention on Climate Change (UNFCCC) - joint implementation, the clean development mechanism and international emissions trading - the EU has developed the largest company-level scheme for trading in emissions of carbon dioxide (CO2), making it the world leader in this emerging market. The emissions trading scheme started in the 25 EU Member States on 1 January 2005

  5. Potential economic impact of limiting the international trade of timber as a phytosanitary measure

    Science.gov (United States)

    Ruhong Li; J. Buongiorno; S. Zhu; J.A. Turner; J. Prestemon

    2007-01-01

    We assessed the impact on the world forest sector of reducing the risk of exotic pest spread by curtailing the roundwood trade. The analysis compared predictions from 2006 to 2015, with and without a gradual ban of roundwood exports between 2006 and 2010. With a ban on roundwood trade, world consumer expenditures for wood products and producer revenues would rise by 2...

  6. External Sector Rebalancing and Endogenous Trade Imbalance Models

    Directory of Open Access Journals (Sweden)

    John Whalley

    2012-12-01

    Full Text Available I discuss the need for trade models to incorporate endogenous trade imbalances both to more adequately capture the reality of a global economy with large imbalances and pressures from the financial crisis for countries to reduce imbalances. Conventional general equilibrium trade models implicitly incorporate monetary neutrality and either have zero trade balance as a property of equilibrium, or have a fixed and exogenous trade imbalance. Models which are discussed here have a variety of forms. In one, central banks fix exchange rates and operate a non accommodative monetary policy and accumulate reserves. Changes in both trade and monetary policies change reserve accumulative and with the external sector imbalances. This is a reflection of China’s current policy regime. In another intertemporal preferences allow for simultaneous inter commodity and intertemporal trade across countries, and with changed intertemporal trade changed external sector imbalances within the period. These formulations are each applied to potential tax initiatives to aid in rebalancing.

  7. Issues behind Competitiveness and Carbon Leakage

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    2008-07-01

    This report explores the vulnerability of heavy industry to carbon leakage and competitiveness loss. It reviews the existing literature on competitiveness and carbon leakage under uneven climate policies. It also suggests a statistical method to track carbon leakage, and applies this methodology to Phase I of the EU emissions trading scheme, for various industrial activities: iron and steel, cement, aluminium and refineries. Finally, it reviews measures to mitigate carbon leakage, as discussed in Australia, Canada, Europe, New Zealand and the US.

  8. A Duopoly Manufacturers’ Game Model Considering Green Technology Investment under a Cap-and-Trade System

    Directory of Open Access Journals (Sweden)

    Yi Zheng

    2018-03-01

    Full Text Available This research studied the duopoly manufacturers’ decision-making considering green technology investment and under a cap-and-trade system. It was assumed there were two manufacturers producing products which were substitutable for one another. On the basis of this assumption, the optimal production capacity, price, and green technology investment of the duopoly manufacturers under a cap-and-trade system were obtained. The increase or decrease of the optimal production quantity of the duopoly manufacturers under a cap-and-trade system was decided by their green technology level. The increase of the optimal price as well as the increase or decrease of the maximum expected profits were decided by the initial carbon emission quota granted by the government. Our research indicates that the carbon emission of unit product is inversely proportional to the market share of an enterprise and becomes an important index to measure the core competitiveness of an enterprise.

  9. Consequences of the Doha Round Trade Reforms for Africa

    NARCIS (Netherlands)

    Osakwe, P.N.; Tongeren, van F.W.; Achterbosch, T.J.; Hammouda, H.B.

    2004-01-01

    This paper provides a quantitative estimate of the potential economic consequences of multilateral trade reform for Africa using a framework that explicitly incorporates issues of concern to the region, such as preference erosion, loss of tariff revenue, and trade facilitation. The results suggest

  10. Carbon sequestration potential of soils in southeast Germany derived from stable soil organic carbon saturation.

    Science.gov (United States)

    Wiesmeier, Martin; Hübner, Rico; Spörlein, Peter; Geuß, Uwe; Hangen, Edzard; Reischl, Arthur; Schilling, Bernd; von Lützow, Margit; Kögel-Knabner, Ingrid

    2014-02-01

    Sequestration of atmospheric carbon (C) in soils through improved management of forest and agricultural land is considered to have high potential for global CO2 mitigation. However, the potential of soils to sequester soil organic carbon (SOC) in a stable form, which is limited by the stabilization of SOC against microbial mineralization, is largely unknown. In this study, we estimated the C sequestration potential of soils in southeast Germany by calculating the potential SOC saturation of silt and clay particles according to Hassink [Plant and Soil 191 (1997) 77] on the basis of 516 soil profiles. The determination of the current SOC content of silt and clay fractions for major soil units and land uses allowed an estimation of the C saturation deficit corresponding to the long-term C sequestration potential. The results showed that cropland soils have a low level of C saturation of around 50% and could store considerable amounts of additional SOC. A relatively high C sequestration potential was also determined for grassland soils. In contrast, forest soils had a low C sequestration potential as they were almost C saturated. A high proportion of sites with a high degree of apparent oversaturation revealed that in acidic, coarse-textured soils the relation to silt and clay is not suitable to estimate the stable C saturation. A strong correlation of the C saturation deficit with temperature and precipitation allowed a spatial estimation of the C sequestration potential for Bavaria. In total, about 395 Mt CO2 -equivalents could theoretically be stored in A horizons of cultivated soils - four times the annual emission of greenhouse gases in Bavaria. Although achieving the entire estimated C storage capacity is unrealistic, improved management of cultivated land could contribute significantly to CO2 mitigation. Moreover, increasing SOC stocks have additional benefits with respect to enhanced soil fertility and agricultural productivity. © 2013 John Wiley & Sons Ltd.

  11. Panel estimation for CO2 emissions, energy consumption, economic growth, trade openness and urbanization of newly industrialized countries

    International Nuclear Information System (INIS)

    Sharif Hossain, Md.

    2011-01-01

    This paper empirically examines the dynamic causal relationships between carbon dioxide emissions, energy consumption, economic growth, trade openness and urbanization for the panel of newly industrialized countries (NIC) using the time series data for the period 1971-2007. Using four different panel unit root tests it is found that all panel variables are integrated of order 1. From the Johansen Fisher panel cointegration test it is found that there is a cointegration vector among the variables. The Granger causality test results support that there is no evidence of long-run causal relationship, but there is unidirectional short-run causal relationship from economic growth and trade openness to carbon dioxide emissions, from economic growth to energy consumption, from trade openness to economic growth, from urbanization to economic growth and from trade openness to urbanization. It is found that the long-run elasticity of carbon dioxide emissions with respect to energy consumption (1.2189) is higher than short run elasticity of 0.5984. This indicates that over time higher energy consumption in the newly industrialized countries gives rise to more carbon dioxide emissions as a result our environment will be polluted more. But in respect of economic growth, trade openness and urbanization the environmental quality is found to be normal good in the long-run. - Highlights: → Dynamic causal relationships are conducted for different panel variables of NIC. → Test results support only existence of unidirectional short-run causal relationships. → Environment will be polluted more due to energy consumption in the long-run. → But environmental quality is found to be normally good in respect of other variables. → NIC should use solar energy as the substitute of oil to control CO 2 emissions.

  12. Markets, trade and the role of institutions in African development

    Directory of Open Access Journals (Sweden)

    T Roe

    2004-11-01

    Full Text Available This paper focuses on the interdependence between international trade and institutional reform and suggests that the trade barriers erected by advanced countries on the agricultural exports of poor countries, in particular sub-Saharan agriculture serve as an impediment to economic growth and development.  Drawing upon recent literature, the suggestion is that trade barriers inhibit institutional reform that is a major factor affecting economic growth. An empirical analysis of trade reform and economic growth shows that sub-Saharan economies can reciprocate potential gains from increased trade, which are larger when an integration with world markets induces institutional reform.

  13. Fair trade international surrogacy.

    Science.gov (United States)

    Humbyrd, Casey

    2009-12-01

    Since the development of assisted reproductive technologies, infertile individuals have crossed borders to obtain treatments unavailable or unaffordable in their own country. Recent media coverage has focused on the outsourcing of surrogacy to developing countries, where the cost for surrogacy is significantly less than the equivalent cost in a more developed country. This paper discusses the ethical arguments against international surrogacy. The major opposition viewpoints can be broadly divided into arguments about welfare, commodification and exploitation. It is argued that the only valid objection to international surrogacy is that surrogate mothers may be exploited by being given too little compensation. However, the possibility of exploitation is a weak argument for prohibition, as employment alternatives for potential surrogate mothers may be more exploitative or more harmful than surrogacy. It is concluded that international surrogacy must be regulated, and the proposed regulatory mechanism is termed Fair Trade Surrogacy. The guidelines of Fair Trade Surrogacy focus on minimizing potential harms to all parties and ensuring fair compensation for surrogate mothers.

  14. Carbon savings with transatlantic trade in pellets: accounting for market-driven effects

    International Nuclear Information System (INIS)

    Wang, Weiwei; Khanna, Madhu; Dwivedi, Puneet; Abt, Robert

    2015-01-01

    Exports of pellets from the United States (US) are growing significantly to meet the demand for renewable energy in the European Union. This transatlantic trade in pellets has raised questions about the greenhouse gas (GHG) intensity of these pellets and their effects on conventional forest product markets in the US. This paper examines the GHG intensity of pellets exported from the US using either forest biomass only or forest and agricultural biomass combined. We develop an integrated dynamic, price-endogenous, partial equilibrium model of the forestry, agricultural, and transportation sectors in the US to investigate not only the direct life-cycle GHG intensity of pellets but also the accompanying indirect market and land use effects induced by changes in prices of forest and agricultural products over the 2007–2032 period. Across different scenarios of high and low pellet demand that can be met with either forest biomass only or with forest and agricultural biomass, we find that the GHG intensity of pellet based electricity is 74% to 85% lower than that of coal-based electricity. We also find that the GHG intensity of pellets produced using agricultural and forest biomass is 28% to 34% lower than that of pellets produced using forest biomass only. GHG effects due to induced direct and indirect changes in forest carbon stock caused by changes in harvest rotations, changes in land use and in conventional wood production account for 11% to 26% of the overall GHG intensity of pellets produced from forest biomass only; these effects are negative with the use of forest and agricultural biomass. (letter)

  15. International trade of liquefied natural gas: potential prospects and realities

    International Nuclear Information System (INIS)

    Valais, M.; Cornot-Gandolphe, S.

    1993-01-01

    This paper describes the markets of liquefied natural gas (LNG) in the world and makes a regional analysis in USA, Western Europe, Japan and another asian markets. Statistical data are given on growth of LNG trade, supply and demand, new projects, costs and prices. The end of this paper analyses the competition between LNG and natural gas or petroleum refined products. 6 figs

  16. Essays on equity-efficiency trade offs in energy and climate policies

    Science.gov (United States)

    Sesmero, Juan P.

    Economic efficiency and societal equity are two important goals of public policy. Energy and climate policies have the potential to affect both. Efficiency is increased by substituting low-carbon energy for fossil energy (mitigating an externality) while equity is served if such substitution enhances consumption opportunities of unfavored groups (low income households or future generations). However policies that are effective in reducing pollution may not be so effective in redistributing consumption and vice-versa. This dissertation explores potential trade-offs between equity and efficiency arising in energy and climate policies. Chapter 1 yields two important results. First, while effective in reducing pollution, energy efficiency policies may fall short in protecting future generations from resource depletion. Second, deployment of technologies that increase the ease with which capital can substitute for energy may enhance the ability of societies to sustain consumption and achieve intertemporal equity. Results in Chapter 1 imply that technologies more intensive in capital and materials and less intensive in carbon such as corn ethanol may be effective in enhancing intertemporal equity. However the effectiveness of corn ethanol (relative to other technologies) in reducing emissions will depend upon the environmental performance of the industry. Chapter 2 measures environmental efficiency of ethanol plants, identifies ways to enhance performance, and calculates the cost of such improvements based on a survey of ethanol plants in the US. Results show that plants may be able to increase profits and reduce emissions simultaneously rendering the ethanol industry more effective in tackling efficiency. Finally while cap and trade proposals are designed to correcting a market failure by reducing pollution, allocation of emission allowances may affect income distribution and, hence, intra-temporal equity. Chapter 3 proves that under plausible conditions on preferences

  17. The evolution of emissions trading in the EU. Tensions between national trading schemes and the proposed EU directive

    International Nuclear Information System (INIS)

    Boemare, Catherine; Quirion, Philippe; Sorrell, Steve

    2003-12-01

    The EU is pioneering the development of greenhouse gas emissions trading, but there is a tension between the 'top-down' and 'bottom-up' evolution of trading schemes. While the Commission is introducing a European emissions trading scheme (EU ETS) in 2005, several member states have already introduced negotiated agreements that include trading arrangements. Typically, these national schemes have a wider scope than the proposed EU directive and allow firms to use relative rather than absolute targets. The coexistence of 'top-down' and 'bottom-up' trading schemes may create some complex problems of policy interaction. This paper explores the potential interactions between the EU ETS and the negotiated agreements in France and UK and uses these to illustrate some important generic issues. The paper first describes the proposed EU directive, outlines the UK and French policies and compares their main features to the EU ETS. It then discusses how the national and European policies may interact in practice. Four issues are highlighted, namely, double regulation, double counting of emission reductions, equivalence of effort and linking trading schemes. The paper concludes with some recommendations for the future development of UK and French climate policy

  18. Understanding the effect of an emissions trading scheme on electricity generator investment and retirement behaviour: the proposed carbon pollution reduction scheme

    Energy Technology Data Exchange (ETDEWEB)

    Lambie, N.R. [Australian National University, Canberra, ACT (Australia). Crawford School of Economics & Government

    2010-04-15

    The objective of a greenhouse gas (GHG) emissions trading scheme (ETS) is to reduce emissions by transitioning the economy away from the production and consumption of goods and services that are GHG intensive. A GHG ETS has been a public policy issue in Australia for over a decade. The latest policy initiative on an ETS is the proposed Carbon Pollution Reduction Scheme (CPRS). A substantial share of Australia's total GHG reduction under the CPRS is expected to come from the electricity generation sector. This paper surveys the literature on investment behaviour under an ETS. It specifically focuses on the relationship between the design of an ETS and a generator's decisions to invest in low emissions plant and retire high emissions plant. The proposed CPRS provides the context for presenting key findings along with the implications for the electricity generation sector's transition to lower emissions plant. The literature shows that design features such as the method of allocating permits, the stringency of the emissions cap along with permit price uncertainty, provisions for banking, borrowing and internationally trading permits, and the credibility of emissions caps and policy uncertainty may all significantly impact on the investment and retirement behaviour of generators.

  19. Estimation of Potential Carbon Dioxide Storage Capacities of Onshore Sedimentary Basins in Republic of Korea

    Science.gov (United States)

    Park, S.; Kim, J.; Lee, Y.

    2010-12-01

    The potential carbon dioxide storage capacities of the five main onshore sedimentary basins (Chungnam, Gyeongsang, Honam, Mungyeong, and Taebaeksan Basins) in Republic of Korea are estimated based on the methods suggested by the United States National Energy Technology Laboratory (NETL). The target geologic formations considered for geologic storage of carbon dioxide in the sedimentary basins are sandstone and coal beds. The density of carbon dioxide is set equal to 446.4 kg/m3. The adsorption capacity and density of coal (anthracite) are set equal to 2.71 × 10-2 kg/kg and 1.82 × 103 kg/m3, respectively. The average storage efficiency factors for sandstone and coal are set equal to 2.5% and 34.0%, respectively. The Chungnam Basin has the sandstone volume of 72 km3 and the coal volume of 1.24 km3. The average porosity of sandstone in the Chungnam Basin is 3.8%. As a result, the potential carbon dioxide storage capacities of sandstone and coal in the Chungnam Basin are estimated to be 31 Mton and 21 Mton, respectively. The Gyeongsang Basin has the sandstone volume of 1,960 km3. The average porosity of sandstone in the Gyeongsang Basin is 4.6%. As a result, the potential carbon dioxide storage capacity of sandstone in the Gyeongsang Basin is estimated to be 1,011 Mton. The Honam Basin has the sandstone volume of 8 km3 and the coal volume of 0.27 km3. The average porosity of sandstone in the Honam Basin is 1.9%. As a result, the potential carbon dioxide storage capacities of sandstone and coal in the Honam Basin are estimated to be 2 Mton and 5 Mton, respectively. The Mungyeong Basin has the sandstone volume of 60 km3 and the coal volume of 0.66 km3. The average porosity of sandstone in the Mungyeong Basin is 2.0%. As a result, the potential carbon dioxide storage capacities of sandstone and coal in the Mungyeong Basin are estimated to be 13 Mton and 11 Mton, respectively. The Taebaeksan Basin has the sandstone volume of 71 km3 and the coal volume of 0.73 km3. The

  20. Habitat Fragmentation Intensifies Trade-Offs between Biodiversity and Ecosystem Services in a Heathland Ecosystem in Southern England.

    Science.gov (United States)

    Cordingley, Justine E; Newton, Adrian C; Rose, Robert J; Clarke, Ralph T; Bullock, James M

    2015-01-01

    While habitat fragmentation represents a major threat to global biodiversity, its impacts on provision of ecosystem services are largely unknown. We analysed biodiversity value and provision of multiple ecosystem services in 110 fragments of lowland heathland ecosystems in southern England, in which vegetation dynamics have been monitored for over 30 years. Decreasing fragment size was found to be associated with a decrease in biodiversity and recreational values, but an increase in relative carbon storage, aesthetic value and timber value. The trade-off between either biodiversity or recreational values with the other ecosystem services therefore became more pronounced as heathland size decreased. This was attributed to a higher rate of woody succession in smaller heathland fragments over the past three decades, and contrasting values of different successional vegetation types for biodiversity and provision of ecosystem services. These results suggest that habitat fragmentation can reduce the potential for developing "win win" solutions that contribute to biodiversity conservation while also supporting socio-economic development. Approaches to multi-purpose management of fragmented landscapes should therefore consider the potential trade-offs in ecosystem services and biodiversity associated with fragmentation, in order to make an effective contribution to sustainable development.

  1. Seasonal and within-canopy variation in shoot-scale resource-use efficiency trade-offs in a Norway spruce stand.

    Science.gov (United States)

    Tarvainen, Lasse; Räntfors, Mats; Wallin, Göran

    2015-11-01

    Previous leaf-scale studies of carbon assimilation describe short-term resource-use efficiency (RUE) trade-offs where high use efficiency of one resource requires low RUE of another. However, varying resource availabilities may cause long-term RUE trade-offs to differ from the short-term patterns. This may have important implications for understanding canopy-scale resource use and allocation. We used continuous gas exchange measurements collected at five levels within a Norway spruce, Picea abies (L.) karst., canopy over 3 years to assess seasonal differences in the interactions between shoot-scale resource availability (light, water and nitrogen), net photosynthesis (An ) and the use efficiencies of light (LUE), water (WUE) and nitrogen (NUE) for carbon assimilation. The continuous data set was used to develop and evaluate multiple regression models for predicting monthly shoot-scale An . These models showed that shoot-scale An was strongly dependent on light availability and was generally well described with simple one- or two-parameter models. WUE peaked in spring, NUE in summer and LUE in autumn. However, the relative importance of LUE for carbon assimilation increased with canopy depth at all times. Our results suggest that accounting for seasonal and within-canopy trade-offs may be important for RUE-based modelling of canopy carbon uptake. © 2015 John Wiley & Sons Ltd.

  2. Allocation of carbon permits within a country. A general equilibrium analysis of the United Kingdom

    International Nuclear Information System (INIS)

    Edwards, T.H.; Hutton, J.P.

    2001-01-01

    The Kyoto agreement includes international trade in carbon permits from 2008. We have used a CGE model to evaluate methods of allocating permits within the UK. Auctioning is broadly similar to a carbon tax, with revenues recycled to reduce other distortions. 'Grandfathering' some permits free to large firms would mean a loss of recycling and, possibly, give windfall profits to foreigners. Alternatively, regularly revised allocation, using 'best practice' estimates, would be similar to recycling revenue as an output subsidy. Such a system could allow much of the potential 'double dividend' to be realised, though an auction system might still be preferable

  3. Additive versus multiplicative trade costs and the gains from trade

    DEFF Research Database (Denmark)

    Sørensen, Allan

    This paper addresses welfare effects from trade liberalization in a heterogeneous-fi…rms trade model including the empirically important per-unit (i.e. additive) trade costs in addition to the conventional iceberg (i.e. multiplicative) and fi…xed trade costs. The novel contribution of the paper...... is the result that the welfare gain for a given increase in trade openness is higher for reductions in per-unit (additive) trade costs than for reductions in iceberg (multiplicative) trade costs. The ranking derives from differences in intra-industry reallocations and in particular from dissimilar impacts...

  4. Implementation of blockchain-based energy trading system

    Directory of Open Access Journals (Sweden)

    Se-Chang Oh

    2017-12-01

    Full Text Available Purpose - The centralized processes of today’s power trading systems are complex and pose a risk of price tampering and hacking. The decentralized and unmodifiable nature of the blockchain technology that has recently been highlighted offers the potential to improve this power trading process. The purpose of this study is to implement a system to apply the blockchain technology to the problem of power trading. Design/methodology/approach - The authors modeled the power trading problem as the interaction between admin, producer and consumer nodes. And a power trading scenario has been created for this model using a blockchain platform called Multichain which is both fast and highly scalable. To verify this scenario, they implemented a trading system using Savoir, a Python-based JsonRPC module. Findings - Experimental results show that all processes, such as blockchain creation, node connectivity, asset issuance and exchange transactions have been correctly handled according to the scenario. Originality/value - In this study, the authors have proposed and implemented a power trading method that determines price according to the pure market principle and cannot be manipulated or hacked. It is based on the nature of blockchain technology that is decentralized and cannot be tampered.

  5. World Trade Organization Status of China's Trade Commitments to the United States and Other Members

    National Research Council Canada - National Science Library

    Cowles, Adam

    2000-01-01

    .... As a result, the administration has asked Congress to pass legislation that would allow the President to grant China permanent normal trade relations status, which would eliminate a potential conflict between U.S. law and U.S...

  6. Estimating the elasticity of trade: the trade share approach

    OpenAIRE

    Mauro Lanati

    2013-01-01

    Recent theoretical work on international trade emphasizes the importance of trade elasticity as the fundamental statistic needed to conduct welfare analysis. Eaton and Kortum (2002) proposed a two-step method to estimate this parameter, where exporter fixed effects are regressed on proxies for technology and wages. Within the same Ricardian model of trade, the trade share provides an alternative source of identication for the elasticity of trade. Following Santos Silva and Tenreyro (2006) bot...

  7. Carbon carry capacity and carbon sequestration potential in China based on an integrated analysis of mature forest biomass.

    Science.gov (United States)

    Liu, YingChun; Yu, GuiRui; Wang, QiuFeng; Zhang, YangJian; Xu, ZeHong

    2014-12-01

    Forests play an important role in acting as a carbon sink of terrestrial ecosystem. Although global forests have huge carbon carrying capacity (CCC) and carbon sequestration potential (CSP), there were few quantification reports on Chinese forests. We collected and compiled a forest biomass dataset of China, a total of 5841 sites, based on forest inventory and literature search results. From the dataset we extracted 338 sites with forests aged over 80 years, a threshold for defining mature forest, to establish the mature forest biomass dataset. After analyzing the spatial pattern of the carbon density of Chinese mature forests and its controlling factors, we used carbon density of mature forests as the reference level, and conservatively estimated the CCC of the forests in China by interpolation methods of Regression Kriging, Inverse Distance Weighted and Partial Thin Plate Smoothing Spline. Combining with the sixth National Forest Resources Inventory, we also estimated the forest CSP. The results revealed positive relationships between carbon density of mature forests and temperature, precipitation and stand age, and the horizontal and elevational patterns of carbon density of mature forests can be well predicted by temperature and precipitation. The total CCC and CSP of the existing forests are 19.87 and 13.86 Pg C, respectively. Subtropical forests would have more CCC and CSP than other biomes. Consequently, relying on forests to uptake carbon by decreasing disturbance on forests would be an alternative approach for mitigating greenhouse gas concentration effects besides afforestation and reforestation.

  8. Trade, development, and regulatory issues in food.

    Science.gov (United States)

    Ramaswamy, Sunder; Viswanathan, Brinda

    2007-03-01

    Trade in food and animal products has increased several-fold in the past decade, and simultaneously regulations governing the movement of such products across national boundaries have also increased. The present study reviews harmonization in food trade regulation by focusing on nutritional aspects to understand its role in enhancing world trade on the one hand and consumer interest and welfare on the other. Harmonization to a large extent brings in more regulation from the developed world acting through their governments, consumer organizations, and multinational companies; it does not seem to address, in general, the concerns of the large segments of the poor population for whom agriculture and food trade are the main sources of livelihood. There is a lack of quantifiable estimates of the loss in well-being of the disadvantaged. However, there is substantial research focused on the potential harm to developed nations as a result of nonadherence to the rules. Clearly, lack of adequate infrastructure, resource constraints, and weak institutions not only result in poor food safety regulation within developing countries but also remain barriers to realizing the greater potential benefits from increased trade. Harmonization of standards would have some losers and some winners, but to make it more inclusive, scientific knowledge alone may not be adequate; social and cultural aspects also need to be considered, since food systems differ among regions, with varying preferences, local resource availability, and levels of economic development. Improvement in governance in many countries not only would ensure better participation in international rule-making and the negotiation process for fairer trade but also would result in effective domestic legislation to ensure safer health for citizens, resulting in higher overall well-being.

  9. Impact of trade in emission reduction credits on solar projects

    International Nuclear Information System (INIS)

    Kulkarni, P.

    1993-01-01

    Since the amendment of the Clean Air Act in 1990, the possibility of trading in Emission Reduction Credits has been looked upon as a strategy for improving the economic feasibility of solar projects. This paper discusses developments towards such a market and reviews current and proposed emission trading practices. The paper analyzes how the current characteristics of the market help or hinder the trading of credits generated by solar projects, and suggests possible solutions. Emission credits from four different solar projects and their trading potentials are presented

  10. Social signals and algorithmic trading of Bitcoin.

    Science.gov (United States)

    Garcia, David; Schweitzer, Frank

    2015-09-01

    The availability of data on digital traces is growing to unprecedented sizes, but inferring actionable knowledge from large-scale data is far from being trivial. This is especially important for computational finance, where digital traces of human behaviour offer a great potential to drive trading strategies. We contribute to this by providing a consistent approach that integrates various datasources in the design of algorithmic traders. This allows us to derive insights into the principles behind the profitability of our trading strategies. We illustrate our approach through the analysis of Bitcoin, a cryptocurrency known for its large price fluctuations. In our analysis, we include economic signals of volume and price of exchange for USD, adoption of the Bitcoin technology and transaction volume of Bitcoin. We add social signals related to information search, word of mouth volume, emotional valence and opinion polarization as expressed in tweets related to Bitcoin for more than 3 years. Our analysis reveals that increases in opinion polarization and exchange volume precede rising Bitcoin prices, and that emotional valence precedes opinion polarization and rising exchange volumes. We apply these insights to design algorithmic trading strategies for Bitcoin, reaching very high profits in less than a year. We verify this high profitability with robust statistical methods that take into account risk and trading costs, confirming the long-standing hypothesis that trading-based social media sentiment has the potential to yield positive returns on investment.

  11. Plurilateral Trade Deals: An Alternative for Multilateral Trade Agreements?

    Directory of Open Access Journals (Sweden)

    Agnes Ghibuțiu

    2016-04-01

    Full Text Available While multilateral trade negotiations under the World Trade Organization (WTO continue to be in impasse, plurilateral trade negotiations – i.e. among a group of WTO members – have intensified in recent years, and also recorded a series of concrete results in liberalizing specific sectors of international trade. Hence, there is a widely shared view that plurilateral trade negotiations could be an alternative for the multilateral ones. This paper aims to answer the following questions: What are plurilateral trade agreements? Which are the reasons behind the surge in plurilateral negotiations in recent years? What are the main achievements in liberalizing trade at the plurilateral level? What are the advantages of plurilateral negotiations relative to multilateral ones, and why are they considered an attractive alternative for negotiations at the multilateral level?

  12. Potential to sequester carbon in Canadian forests: Some economic considerations

    International Nuclear Information System (INIS)

    Kooten, G.C. van; Arthur, L.M.; Wilson, W.R.

    1992-01-01

    The potential role of reforestation policies in reducing Canada's contribution to atmospheric CO 2 is examined. The results indicate sequestering carbon by reforestation of forest lands may be a cost-effective means for Canada to offset domestic emissions of CO 2 from other sources, and that planting forests on marginal agricultural lands also warrants consideration. But these policies need to be compared with alternatives for reducing CO 2 emissions to determine their relative cost-effectiveness. It is found that reforestation is more costly than policies to increase the fuel efficiency of automobiles, but economically more efficient than converting vehicles to natural gas. Forestation can make an important contribution to reduced atmospheric accumulation of carbon after the more cost-effective strategy, replacing less fuel-efficient automobiles, is exhausted (i.e. when the marginal costs of automobile emissions increase beyond those of forestation alternatives). Finally, it is demonstrated that, because of its vast forests, Canada is a net carbon sink. 26 refs., 2 figs., 4 tabs

  13. The Potential of Road Pricing Schemes for Reducing Carbon Emissions

    Energy Technology Data Exchange (ETDEWEB)

    Nocera, S.; Giaretta, F.; Cavallaro, F.

    2016-07-01

    Road pricing is a transport measure mainly conceived to fund road management, to regulate the demand for traffic and to reduce the number of private vehicles circulating in urban areas. It can also grant benefits in terms of environmental externalities including the reduction of CO2 emissions, which has recently become one of the most important elements defining the sustainability of a transport system. However, the carbon potential granted by road charging is rarely assessed, thus confirming a sort of secondary role attributed to CO2 in urban premises. This paper provides an accurate analysis of the relationship between the different forms of road pricing (including distance-based, congestion-based and pay-as-you-drive) and their effective role in terms of carbon reduction, which in some contexts is higher than 10%. Furthermore, practical suggestions to policy makers in terms of implementation of the measure are discussed, highlighting the precautions necessary to include a fair carbon evaluation into an overall effective analysis. (Author)

  14. Carbonate Precipitation through Microbial Activities in Natural Environment, and Their Potential in Biotechnology: A Review

    Science.gov (United States)

    Zhu, Tingting; Dittrich, Maria

    2016-01-01

    Calcium carbonate represents a large portion of carbon reservoir and is used commercially for a variety of applications. Microbial carbonate precipitation, a by-product of microbial activities, plays an important metal coprecipitation and cementation role in natural systems. This natural process occurring in various geological settings can be mimicked and used for a number of biotechnologies, such as metal remediation, carbon sequestration, enhanced oil recovery, and construction restoration. In this study, different metabolic activities leading to calcium carbonate precipitation, their native environment, and potential applications and challenges are reviewed. PMID:26835451

  15. Carbonate precipitation through microbial activities in natural environment, and their potential in biotechnology: a review

    Directory of Open Access Journals (Sweden)

    Tingting eZhu

    2016-01-01

    Full Text Available Calcium carbonate represents a large portion of carbon reservoir and is used commercially for a variety of applications. Microbial carbonate precipitation (MCP, a by-product of microbial activities, plays an important metal coprecipitation and cementation role in natural systems. This natural process occurring in various geological settings can be mimicked and used for a number of biotechnology such as metal remediation, carbon sequestration, enhanced oil recovery and construction restoration. In this study, different metabolic activities leading to calcium carbonate precipitation, their native environment, and potential applications and challenges are reviewed.

  16. The Position of Suitcase Trading in Turkey’s Foreign Trade and Growth-Suitcase Trading Connection

    Directory of Open Access Journals (Sweden)

    Sinem YAPAR SAÇIK

    2013-12-01

    Full Text Available Suitcase trading which is defined as a purchasing process of merchandises in a country that is implemented by travelers (nonresidents to sell those merchandises in their own country; it has started to take place in balance of payments of Turkey since 1996. After the collapse of USSR in 1991 Turkey became a net exporter in suitcase trading so the country reached significant figures occasionally. In this paper the position of suitcase trading in Turkey’s foreign trade is analyzed in consideration of statistical indicators. According to the findings acquired from the study, suitcase trading is a significant variable for Turkey to have currency and to close foreign deficits. Suitcase trading and growth connection is also analyzed by econometric method which is co-integration test and the result is affirmative. And also it is found that this connection is unilateral causation from growth towards suitcase trading according to the findings of Granger causality test

  17. E-commerce trade in invasive plants.

    Science.gov (United States)

    Humair, Franziska; Humair, Luc; Kuhn, Fabian; Kueffer, Christoph

    2015-12-01

    Biological invasions are a major concern in conservation, especially because global transport of species is still increasing rapidly. Conservationists hope to anticipate and thus prevent future invasions by identifying and regulating potentially invasive species through species risk assessments and international trade regulations. Among many introduction pathways of non-native species, horticulture is a particularly important driver of plant invasions. In recent decades, the horticultural industry expanded globally and changed structurally through the emergence of new distribution channels, including internet trade (e-commerce). Using an automated search algorithm, we surveyed, on a daily basis, e-commerce trade on 10 major online auction sites (including eBay) of approximately three-fifths of the world's spermatophyte flora. Many recognized invasive plant species (>500 species) (i.e., species associated with ecological or socio-economic problems) were traded daily worldwide on the internet. A markedly higher proportion of invasive than non-invasive species were available online. Typically, for a particular plant family, 30-80% of recognized invasive species were detected on an auction site, but only a few percentages of all species in the plant family were detected on a site. Families that were more traded had a higher proportion of invasive species than families that were less traded. For woody species, there was a significant positive relationship between the number of regions where a species was sold and the number of regions where it was invasive. Our results indicate that biosecurity is not effectively regulating online plant trade. In the future, automated monitoring of e-commerce may help prevent the spread of invasive species, provide information on emerging trade connectivity across national borders, and be used in horizon scanning exercises for early detection of new species and their geographic source areas in international trade. © 2015 Society for

  18. THE POTENTIAL OF RECLAIMED LANDS TO SEQUESTER CARBON AND MITIGATE THE GREENHOUSE EFFECT

    Energy Technology Data Exchange (ETDEWEB)

    Terry Brown; Song Jin

    2006-05-01

    Reclaimed mine lands have the potential to sequester carbon. The use of amendments to increase fertility and overall soil quality is encouraging. Waste amendments such as sewage sludge and clarifier sludge, as well as commercial compost were tested to determine their effects on carbon sequestration and humic acid formation in reclaimed mine lands. Sewage sludge and clarifier sludge have the potential to work as reclaimed mine lands amendments. C:N ratios need to be understood to determine probability of nutrient leaching and water contamination. Microbial activity on the humic acid fraction of sludge is directed toward the readily degradable constituents containing single chain functional groups. This finding indicate that amendments with lower molecular constituents such as aliphatic compounds are more amenable to microbial degradation, therefore serves as better nutrient sources to enhance the formation of vegetation in mine lands and leads to more efficient carbon sequestration.

  19. An analysis of the driving forces of CO2 emissions embodied in Japan-China trade

    International Nuclear Information System (INIS)

    Dong Yanli; Ishikawa, Masanobu; Liu Xianbing; Wang Can

    2010-01-01

    By using the latest China-Japan input-output data sets and the index decomposition analysis (IDA) approach, this article analyzes the driving forces of CO 2 emissions embodied in trade between the two countries during 1990-2000. We found that the growth of trade volume had a large influence on the increase of CO 2 emissions embodiments in bilateral trade. The dramatic decline in carbon intensity of the Chinese economy is a primary cause in offsetting CO 2 emissions exported from China to Japan over 1995-2000. We argue that a better understanding of the factors affecting CO 2 emissions embodied in international trade will assist in seeking more effective climate policies with wider participation in the post-Kyoto regime.

  20. The effect of counter-trading on competition in electricity markets

    International Nuclear Information System (INIS)

    Dijk, Justin; Willems, Bert

    2011-01-01

    In a competitive electricity market, nodal pricing is the most efficient way to manage congestion. Counter-trading is inefficient as it gives the wrong long term signals for entry and exit of power plants. However, in a non-competitive market, additional entry will improve the competitiveness of the market, and will increase social benefit by reducing price-cost margins. This paper studies whether the potential pro-competitive entry effects could make counter-trading more efficient than nodal pricing. We find that this is unlikely to be the case, and expect counter-trading to have a negative effect on overall welfare. The potential benefits of additional competition (more competitive prices and lower production cost) do not outweigh the distortions (additional investment cost for the entrant, and socialization of the congestion cost to final consumers). - Research highlights: → 'Counter-trading' and 'nodal pricing' manage congestion in electric grids. → Nodal pricing gives superior locational prices. → Counter-trading induces extra investments in regions with a production surplus. → Extra investments improve competition, but are expected to be socially inefficient.