According to a Press Briefing on the IMO website, there was no consensus on the next steps of the IMO’s climate change strategy were reached. The Marine Environment Protection Committee (MEPC) expects that further substantial progress on the following 3 …

No Decisions on CO2 Measures reached in IMO Meeting Read more »

The Marine Environment Protection Commitee (MEPC) is going to meet 27/09/2010-01/04/2010 and released that the reduction of greenhouse gases in shipping is going to be a major focus in this meeting. The following measures are to be considered technical and …

IMO to put CO2 control Measures on the Agenda Read more »

  <!–[if !supportLists]–>1<!–[endif]–>The EU Emissions Trading Scheme <!–[if !supportLists]–>1.1<!–[endif]–>Introduction / Characteristics Since January 1st 2005 the EU Emissions Trading Scheme (EU ETS) is in place.<!–[if !supportFootnotes]–>[1]<!–[endif]–> It covers five sectors, which emit almost half of all EU CO2 emissions. About …

EU Emissions Trading Scheme (at a glance) Read more »

<! v:* {behavior:url(#default#VML);} o:* {behavior:url(#default#VML);} w:* {behavior:url(#default#VML);} .shape {behavior:url(#default#VML);} –> <!–[endif]–> <! st1:*{behavior:url(#ieooui) } –> <!–[endif]–> Annex-I and Annex-B Countries) for the period after 2000. [See 9.1] It was adopted in December 1997. The aim of the protocol is to …

Kyoto Protocol (at a glance) Read more »

AAU Assigned amount unit (exchanged through emissions trading) AG13 Ad Hoc Group on Article 13 (1995–1998) AGBM Ad Hoc Group on the Berlin Mandate (1995–1997) AIJ Activities implemented jointly AOSIS Alliance of Small Island States CACAM Group of countries of …

Emissions and Kyoto Glossary Read more »

9         Appendix 9.1 Annex-I and Annex-B Countries 9.2      Allocation under the Burden Sharing Agreement 9.3      Kyoto Time line 9.4      Carbon Dioxide Equivalents (CO2eq) 9.5      Electricity Generation in the EU 25 9.6      Different Types of Allowances 9.7      Surplus of allocation over …

Further Background on Kyoto Protocol and EU ETS Read more »

5         Quantitative analysis The Objective of the following quantitative analysis is to find out if there is causal relationship between the price of EUAs and different fuels and weather data. In the following the time series will be tested for …

Quantitative Analysis of Carbon Prices Read more »

<! v:* {behavior:url(#default#VML);} o:* {behavior:url(#default#VML);} w:* {behavior:url(#default#VML);} .shape {behavior:url(#default#VML);} –>   <!–[endif]–> Coursework Emissions Trading       Global warming is currently present everywhere in the media and most scientists agree that greenhouse gases cause it. This paper emphasises on …

Emissions Trading Read more »