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Carbon Credits

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  • 1. CARBON CREDITS 5550056 5550383 5550470 5550487 5550488

2. Scope of Report Carbon credit Kyotos Flexible Mechanisms How to buy carbon Criticisms 2011 United - Response 3. Background Climate Change Global Warming Greenhouse Effect 4. United Nations FrameworkConvention onClimate Change 5. List of countries - Co2 emissionsCountryCO2 emissionsEmission per capitalChina9,700,0007.2United States 5,420,000 EDGAR (database created Russia 1,830,000 by European Commission and Japan 1,240,000 Netherlands Environmental Assessment Agency Germany 810,000 ) released 2011 estimates. 610,000 The following table is lists the South Korea 2011. Canada 560,000 World33,376,32717.3 12.8 9.8 9.9 12.6 16.2 4.9 6. Whats carbon credits Commodity (Carbon Credit Market) 7. Carbon Credit AAU (Assigned Amount Unit) (Annex I) AAU ERU (Emission Reduction Unit) (Joint Implementation : JI) CER (Certified Emission Reduction Unit) (Non Annex I) (Clean Development Mechanism : CDM) RMU (Removal Unit) 8. Kyoto Protocol 9. Kyoto Protocol Annex I( 40 )Non Annex I( 150 )1. 1. 5.2 % ..2533 ( ..2550 - .. 2555) 2. 2. 3. 10. Kyoto Function 3 11. How to buy carbon ? 12. History of Carbon market19971998Kyoto Protocol Commitment Period 1 2008-201216 February 2005 Kyoto Protocol Enters into forceKyoto Protocol199920002001200220032004200520062007EU ETS Phase I 2004-2007 Prototype Carbon Fund2008200920102011201220EU ETS Phase II 2008-2011New South Wales UK ETSAsia Carbon Exchange Chicago Climate Exchange Carbon Credit 13. Carbon trading 14. Carbon credits market 15. Market price for EUA & CER 2 . 2555 2 . 2555 2 . 2555 2 . 2555Blue Next SpotBlue Next SpotECX Dec 12ECX Dec 12EUA8.07 ( : 317,000)0 (: 0)8.11 ( : 12,644,000 )7.87 ( : 7,043,00)CER1.08 ( :0)0 ( :0)1 ( : 4,221,000)2.05 ( : 4,725,000) 16. Market price for four directions 17. Result of using Carbon Credit 18. Criticism CARBON TAX DP1 P0B A 19. Conclusion :