Isramart news:
Intr-un viitor nu foarte indepartat, acoperisul casei va fi acoperit cu plante. E una dintre caile prin care putem deveni cu adevarat „verzi”.
Acoperisul verde nu e un moft contemporan. Case cu astfel de „crestet” exista in Scotia de peste cinci milenii, iar de Gradinile Semiramidei, una dintre minunile lumii antice, a auzit toata lumea.
In zilele noastre, aceasta tema este din ce in ce mai frecventa. 12% dintre cladirile din Elvetia au acoperis vegetal, si 10% in Germania. Mari proiecte publice din SUA, Australia, Danemarca etc. inglobeaza acest concept. De ce?
Acoperisul verde combate efectul de sera din ariile urbane. Temperatura la nivelul lui este in jur de 25C, fata de cele 80 care se pot inregistra la nivelul unuia „clasic”. Drept urmare, temperatura din interiorul unei case cu acoperis vegetal nu creste peste 25C, vara, si nu scade sub 4C, iarna.
Apoi, este evident ca acoperisul vegetal purifica aerul. El se „hraneste” cu emisiile de CO2, oferind in schimb pretiosul O2. De asemenea, creste umidiatea aerului inconjurator.
Durata lui de viata este de cel putin 30 de ani, deci excelenta.
In ceea ce priveste contributia estetica, este in mod clar deosebit de insemnata. Cu cat devin mai verzi, cu atat orasele vor fi mai placute, mai linistite.
Bine ar fi ca terasa pe care se va infiinta acoperisul verde sa fie plata. Unei case cu amprenta la sol de 150-200 mp ii va reveni astfel o terasa de tot atata marime, ce se va putea transforma intr-o a doua curte, pe de-a-ntregul verde.
Plantele trebuie alese de un specialist. Sa nu fie prea inalte, sa reziste bine la seceta si insolatie, cat si la inghet si sa nu fie nevoie de ingrijiri speciale. Trebuie sa formeze radacini bune, dar nu adanci.
Friday, January 29, 2010
Isramart : 1.000.000 de copaci, plantaţi doar pe hârtie la Arcelormittal
Isramart news:
Din proiectul lansat în urmă cu doi ani de şefii combinatului, gălăţenii s-au ales doar cu praful în plămâni
Încercând să spele imaginea de mare poluator a companiei, directorii ArcelorMittal Galaţi au pus în 2008 mâna pe lopeţi şi au anunţat, în faţa camerelor de luat vederi, lansarea proiectului "Platforma Verde" - plantarea unui milion de arbori. Deasemenea, declarau că se vor cheltui 220 milioane de dolari pentru investiţii tehnologice şi cu impact de mediu.
Ca în multe alte cazuri legate de promisiunile administraţiei combinatului, gălăţenii nu s-au ales cu mare lucru. Conform datelor prezentate de Dorian Dumitrescu, purtătorul de cuvânt al combinatului, ar fi fost plantaţi 10% din copacii promişi, pe 20 de hectare din interiorul companiei, cifră care nu poate fi în niciun fel verificată.
"ArcelorMittal Galaţi va relua derularea proiectului privind împădurirea unor zone din incintă", ne-a declarat Dorian Dumitrescu.Acesta susţine că plantările ar putea fi reluate în această primăvară, fără a preciza însă câţi puieţi vor fi sădiţi.
În topul marilor poluatori europeni
Cât priveşte mediul înconjurător, combinatul reuşeşte în continuare să se evidenţieze, dar la modul negativ. Astfel, conform unui raport al Comisiei Europene care viza nivelul emisiilor de carbon, ArcelorMittal Galaţi a ocupat poziţia 28 în topul celor mai mari 30 de poluatori din UE, în 2008.
Atunci, combinatul siderurgic a emis 7,6 milioane de tone echivalent dioxid de carbon, faţă de 9,8 milioane de tone CO2, în 2007.
Din proiectul lansat în urmă cu doi ani de şefii combinatului, gălăţenii s-au ales doar cu praful în plămâni
Încercând să spele imaginea de mare poluator a companiei, directorii ArcelorMittal Galaţi au pus în 2008 mâna pe lopeţi şi au anunţat, în faţa camerelor de luat vederi, lansarea proiectului "Platforma Verde" - plantarea unui milion de arbori. Deasemenea, declarau că se vor cheltui 220 milioane de dolari pentru investiţii tehnologice şi cu impact de mediu.
Ca în multe alte cazuri legate de promisiunile administraţiei combinatului, gălăţenii nu s-au ales cu mare lucru. Conform datelor prezentate de Dorian Dumitrescu, purtătorul de cuvânt al combinatului, ar fi fost plantaţi 10% din copacii promişi, pe 20 de hectare din interiorul companiei, cifră care nu poate fi în niciun fel verificată.
"ArcelorMittal Galaţi va relua derularea proiectului privind împădurirea unor zone din incintă", ne-a declarat Dorian Dumitrescu.Acesta susţine că plantările ar putea fi reluate în această primăvară, fără a preciza însă câţi puieţi vor fi sădiţi.
În topul marilor poluatori europeni
Cât priveşte mediul înconjurător, combinatul reuşeşte în continuare să se evidenţieze, dar la modul negativ. Astfel, conform unui raport al Comisiei Europene care viza nivelul emisiilor de carbon, ArcelorMittal Galaţi a ocupat poziţia 28 în topul celor mai mari 30 de poluatori din UE, în 2008.
Atunci, combinatul siderurgic a emis 7,6 milioane de tone echivalent dioxid de carbon, faţă de 9,8 milioane de tone CO2, în 2007.
Isramart : Modificarile climatice ar putea tripla riscul de incendii in Australia
Isramart news:
Schimbarile climatice ar putea tripla riscul de incendii in anumite zone ale Australiei, a avertizat organizatia Greenpeace, dupa un an de la producerea unor incendii devastatoare soldate cu 173 de morti, relateaza Mediafax.
Potrivit organizatiei ecologiste, daca prevederile Protocolului de la Kyoto nu vor fi continuate printr-un nou tratat pentru limitarea incalzirii globale, riscul de incendii de mare amploare in regiunile secetoase din sud-estul Australiei se va multiplica de trei ori pana in 2050.
"Frecventa riscului de incendii catastrofale ar putea sa se multiplice si pana de zece ori la Melburne (sud-est), iar numarul de zile in care este strict interzisa aprinderea focului s-ar putea tripla la Sydney, Adelaide si Canberra, pana in 2050" a anuntat Greenpeace, intr-un raport intitulat "Riscuri viitoare".
"Daca ramanem pasivi in fata incalzirii climatice, punem in mod constient in pericol si mai multi oameni si bunuri", a declarat Linda Selvey, reprezentanta Greenpeace in Australia.
Potrivit raportului organizatiei, temperatura in Australia a crescut in medie cu 0,9 grade Celsius din 1950, cresterea cea mai semnificativa fiind inregistrata in estul tarii, insotita de o diminuare neta a precipitatiilor. Cu un an in urma, la 7 februarie 2009, regiunea Melbourne a fost devastata de incendii deosebit de puternice, care s-au soldat cu 173 de morti, peste 400 de raniti si distrugerea a aproximativ 2.000 de locuinte.
Schimbarile climatice ar putea tripla riscul de incendii in anumite zone ale Australiei, a avertizat organizatia Greenpeace, dupa un an de la producerea unor incendii devastatoare soldate cu 173 de morti, relateaza Mediafax.
Potrivit organizatiei ecologiste, daca prevederile Protocolului de la Kyoto nu vor fi continuate printr-un nou tratat pentru limitarea incalzirii globale, riscul de incendii de mare amploare in regiunile secetoase din sud-estul Australiei se va multiplica de trei ori pana in 2050.
"Frecventa riscului de incendii catastrofale ar putea sa se multiplice si pana de zece ori la Melburne (sud-est), iar numarul de zile in care este strict interzisa aprinderea focului s-ar putea tripla la Sydney, Adelaide si Canberra, pana in 2050" a anuntat Greenpeace, intr-un raport intitulat "Riscuri viitoare".
"Daca ramanem pasivi in fata incalzirii climatice, punem in mod constient in pericol si mai multi oameni si bunuri", a declarat Linda Selvey, reprezentanta Greenpeace in Australia.
Potrivit raportului organizatiei, temperatura in Australia a crescut in medie cu 0,9 grade Celsius din 1950, cresterea cea mai semnificativa fiind inregistrata in estul tarii, insotita de o diminuare neta a precipitatiilor. Cu un an in urma, la 7 februarie 2009, regiunea Melbourne a fost devastata de incendii deosebit de puternice, care s-au soldat cu 173 de morti, peste 400 de raniti si distrugerea a aproximativ 2.000 de locuinte.
Isramart : UE si SUA si-au confirmat tintele pentru emisii la ONU
Isramart news:
Uniunea Europeana si Statele Unite au confirmat Organizatiei Natiunilor Unite obiectivele de reducere a emisiilor de gaze cu efect de sera pentru anul 2020, de 20% si respectiv 17%, transmite Reuters.
Potrivit anuntului facut de Todd Stern, negociatorul sef pentru clima al Statelor Unite, tara sa va lua ca referinta emisiile din anul 2005. Astfel, tinta asumata de SUA este echivalentul unei reduceri a emisiilor cu 4%, luand anul 1990 ca referinta.
Tarile Uniunii Europene au ca referinta emisiile din anul 1990. UE si-a mentinut oferta de a ridica procentul pana la 30% in cazul in care se va ajunge la un acord international pe aceasta tema.
"Si alte tari dezvoltate ar trebui sa se angajeze la reduceri similare ale emisiilor, iar statele in curs de dezvoltare ar trebui sa contribuie corespunzator cu responsabilitatile si posibilitatile lor", se arata in scrisoarea oficiala trimisa de UE Natiunilor Unite.
Potrivit acordului incheiat in decembrie la Copenhaga, tintele de reducere a emisiilor pentru tarile dezvoltate trebuie stabilite pana la 31 ianuarie 2010.
Uniunea Europeana si Statele Unite au confirmat Organizatiei Natiunilor Unite obiectivele de reducere a emisiilor de gaze cu efect de sera pentru anul 2020, de 20% si respectiv 17%, transmite Reuters.
Potrivit anuntului facut de Todd Stern, negociatorul sef pentru clima al Statelor Unite, tara sa va lua ca referinta emisiile din anul 2005. Astfel, tinta asumata de SUA este echivalentul unei reduceri a emisiilor cu 4%, luand anul 1990 ca referinta.
Tarile Uniunii Europene au ca referinta emisiile din anul 1990. UE si-a mentinut oferta de a ridica procentul pana la 30% in cazul in care se va ajunge la un acord international pe aceasta tema.
"Si alte tari dezvoltate ar trebui sa se angajeze la reduceri similare ale emisiilor, iar statele in curs de dezvoltare ar trebui sa contribuie corespunzator cu responsabilitatile si posibilitatile lor", se arata in scrisoarea oficiala trimisa de UE Natiunilor Unite.
Potrivit acordului incheiat in decembrie la Copenhaga, tintele de reducere a emisiilor pentru tarile dezvoltate trebuie stabilite pana la 31 ianuarie 2010.
Isramart : Seoul to test-run carbon trading system
Isramart news:
Seoul City will begin test-operating a carbon emission trading system in April in a bid to contribute to reducing greenhouse gas emissions.
The metropolitan government will run it for 54 public organizations in Seoul and encourage the private sector to voluntarily join the reduction efforts during the three-year trial operation period.
Based on the amount of energy public organizations in Seoul consumed for heating or cooling their buildings from 2007-2008, the city will set a standard emission volume for each organization.
The city will offer to the participating organizations carbon emission rights free of charge, which will allow them to emit 90 percent of their standard emission volume and enable them to seek a 10 percent emission reduction.
The "virtual" trade of emission rights will take place online quarterly and the city will offer monetary incentives to organizations that perform well.
Given that the 54 organizations emit roughly 380,000 tons of carbon dioxide per year, if all meet the 10-percent reduction goal, it could lead to an annual reduction of about 38,000 tons of carbon dioxide -- creating the same effect of planting more than 11 million nut pine trees.
To help the organizations meet the reduction goal, the city will carry out a set of measures aimed at enhancing energy efficiency, such as installing light emitting diode lighting systems in public buildings.
The city seeks to enact an ordinance governing the operation of the carbon emission right trading in the latter half of this year. To enhance public awareness, it has since June last year published promotional material on carbon emission trading.
Some 20 centers for trading carbon emission rights, including three in China, eight in Europe and three in the United States, are currently in operation in major cities around the world.
According to data released in May last year by the World Bank, global carbon emission trade amounted to $126 billion in 2008 and is expected to increase to $1.45 trillion by 2020.
Seoul City will begin test-operating a carbon emission trading system in April in a bid to contribute to reducing greenhouse gas emissions.
The metropolitan government will run it for 54 public organizations in Seoul and encourage the private sector to voluntarily join the reduction efforts during the three-year trial operation period.
Based on the amount of energy public organizations in Seoul consumed for heating or cooling their buildings from 2007-2008, the city will set a standard emission volume for each organization.
The city will offer to the participating organizations carbon emission rights free of charge, which will allow them to emit 90 percent of their standard emission volume and enable them to seek a 10 percent emission reduction.
The "virtual" trade of emission rights will take place online quarterly and the city will offer monetary incentives to organizations that perform well.
Given that the 54 organizations emit roughly 380,000 tons of carbon dioxide per year, if all meet the 10-percent reduction goal, it could lead to an annual reduction of about 38,000 tons of carbon dioxide -- creating the same effect of planting more than 11 million nut pine trees.
To help the organizations meet the reduction goal, the city will carry out a set of measures aimed at enhancing energy efficiency, such as installing light emitting diode lighting systems in public buildings.
The city seeks to enact an ordinance governing the operation of the carbon emission right trading in the latter half of this year. To enhance public awareness, it has since June last year published promotional material on carbon emission trading.
Some 20 centers for trading carbon emission rights, including three in China, eight in Europe and three in the United States, are currently in operation in major cities around the world.
According to data released in May last year by the World Bank, global carbon emission trade amounted to $126 billion in 2008 and is expected to increase to $1.45 trillion by 2020.
Isramart : Indian Premier League Commits to Carbon Neutral Cricket
Isramart news:
The Indian Premier League has teamed up with the United Nations Environment Programme to commit the national sport to carbon off-setting and greener practices. The Indian Premier League will start on 12th March 2010, when the new climate-friendly programme will commence.
Achim Steiner, the UN Under-Secretary-General and Executive Director of UNEP, said:
Together the IPL and UNEP are sending a clear and powerful signal to millions upon millions of spectators and fans: namely that if we all bat together, we can score fours and sixes for a more sustainable future.
Resisting the opportunity for puns, Lalit Modi, Chairman and Commissioner, Indian Premier League said:
As the most innovative sporting league in the world we fully comprehend our responsibility towards saving the planet by protecting our environment. The IPL is thus proud to join hands with the UNEP and under their guidance we are committed to ensuring a carbon neutral league soon.
The IPL will help the cause of the environment by the offsetting the carbon used for games and other operations, changing waste management practice, increasing energy efficiency and reducing water usage. The UNEP will assist the IPL in reducing emissions through the introduction of renewable energy and compensating for emissions. They will also provide the Indian Premier League with green merchandizing.
The IPL will utilize its popularity promote UNEP initiatives such as the Climate Neutral Network, the Billion Tree Campaign and World Environment Day, as well as promote environmental awareness by highlighting the 2010 International Year of Biodiversity, the Clean-Up the World Campaign and other initiatives in coming years.
The Indian Premier League has teamed up with the United Nations Environment Programme to commit the national sport to carbon off-setting and greener practices. The Indian Premier League will start on 12th March 2010, when the new climate-friendly programme will commence.
Achim Steiner, the UN Under-Secretary-General and Executive Director of UNEP, said:
Together the IPL and UNEP are sending a clear and powerful signal to millions upon millions of spectators and fans: namely that if we all bat together, we can score fours and sixes for a more sustainable future.
Resisting the opportunity for puns, Lalit Modi, Chairman and Commissioner, Indian Premier League said:
As the most innovative sporting league in the world we fully comprehend our responsibility towards saving the planet by protecting our environment. The IPL is thus proud to join hands with the UNEP and under their guidance we are committed to ensuring a carbon neutral league soon.
The IPL will help the cause of the environment by the offsetting the carbon used for games and other operations, changing waste management practice, increasing energy efficiency and reducing water usage. The UNEP will assist the IPL in reducing emissions through the introduction of renewable energy and compensating for emissions. They will also provide the Indian Premier League with green merchandizing.
The IPL will utilize its popularity promote UNEP initiatives such as the Climate Neutral Network, the Billion Tree Campaign and World Environment Day, as well as promote environmental awareness by highlighting the 2010 International Year of Biodiversity, the Clean-Up the World Campaign and other initiatives in coming years.
Isramart : Abu Dhabi carbon project to clean air, boost oil output
Isramart news:
More than one million people in Abu Dhabi will bask in a much cleaner and healthier atmosphere when a major carbon clearing project in the emirate is commissioned within five years, the project manager said yesterday.
The venture, which could cost more than $1 billion (Dh3.67bn), is expected to remove in excess of five million tonnes of carbon dioxide (CO2) a year from the emirate's air and push them back where they came from underground.
By sending such immense CO2 quantities back into oil reservoirs deep underneath the emirate's desert, the emirate's main onshore oil producing company will be able to increase recovery rates from its hydrocarbon wells.
The Abu Dhabi Carbon Capture and Storage Project is the first major CO2 hunting in the world and will allow the country to sharply reduce its carbon emission rates, already among the world's highest relative to per capita.
"Abu Dhabi is a major oil and gas producer and is heavily reliant on these fossil energy sources to produce its electricity and operate its factories… hence it felt there is a need to reduce emissions," said Yves Rey, Senior Project Manager a the Carbon Management Unit.
"This is the first large project of its kind in the region and the whole world. It will contribute to largely reducing CO2 emission in the emirate as it will capture in excess of five million tonnes a year in the first phase," he told Emirates Business in an interview at the just-concluded World Future Energy Summit in Abu Dhabi.
Rey said the project, which has been initiated by the Abu Dhabi-based Masdar Initiative, has been in the design stages and that a contract for its construction could be awarded late this year. He could not elaborate on exact investments but said costs of such projects could exceed $1bn.
The project involves the construction of two carbon capture plants near the main power facilities in Taweela north of Abu Dhabi city and at the Emirates Aluminium Company (Emal) in Musaffah just at the eastern entrance of the capital.
"The construction of the plants will be completed in 2015 but there will be a second stage afterwards. The locations were selected because of the large rate of consumption of oil and gas at those sites," Rey said.
"Carbon and other gases will be captured at those sites. Those gas will be separated from CO2 and released into air as they are not harmful to the atmosphere. CO2 will then be kept in compressors, where water is separated and removed. Afterwards, CO2 will be transferred via a 500km high-pressure pipeline network and sent back into oil reservoirs underground.
For this reason, the project will have a dual effect: it will largely reduce CO2 emission in the atmosphere and at the same time help push crude oil out of the reservoir. This means it will enhance the oilfield's recovery rate."
Rey said the first stage of the project would involve only the emirate's onshore oilfields, most of which are run by the Abu Dhabi Company for Onshore Oil Operations (Adco), one of the largest oil firms in the world.
"This is a crucial project as the UAE has one of the highest per capita carbon emission rates in the world given its massive use of fossil fuels and its large hydrocarbon resources. It is the first such project in the Middle East and the world's first major carbon capture venture. Developed countries do not have such a project because it is an environmental rather than a commercial venture."
Abu Dhabi is the main oil producer in the UAE, pumping around 2.3 million barrels per day. It controls nearly 92 billion barrels of proven crude reserves and 6.5 trillion cubic metres of natural gas, accounting for nearly eight per cent and five per cent of the world's oil and gas wealth respectively.
According to the Abu Dhabi Department of Economic Development, the UAE's oil and gas consumption grew by as fast as eight per cent annually during 2000-2008, with gas demand soaring from around 31 billion cubic metres to 58 billion cubic metres. Oil consumption surged from around 255,000 bpd to 467,000 bpd.
More than one million people in Abu Dhabi will bask in a much cleaner and healthier atmosphere when a major carbon clearing project in the emirate is commissioned within five years, the project manager said yesterday.
The venture, which could cost more than $1 billion (Dh3.67bn), is expected to remove in excess of five million tonnes of carbon dioxide (CO2) a year from the emirate's air and push them back where they came from underground.
By sending such immense CO2 quantities back into oil reservoirs deep underneath the emirate's desert, the emirate's main onshore oil producing company will be able to increase recovery rates from its hydrocarbon wells.
The Abu Dhabi Carbon Capture and Storage Project is the first major CO2 hunting in the world and will allow the country to sharply reduce its carbon emission rates, already among the world's highest relative to per capita.
"Abu Dhabi is a major oil and gas producer and is heavily reliant on these fossil energy sources to produce its electricity and operate its factories… hence it felt there is a need to reduce emissions," said Yves Rey, Senior Project Manager a the Carbon Management Unit.
"This is the first large project of its kind in the region and the whole world. It will contribute to largely reducing CO2 emission in the emirate as it will capture in excess of five million tonnes a year in the first phase," he told Emirates Business in an interview at the just-concluded World Future Energy Summit in Abu Dhabi.
Rey said the project, which has been initiated by the Abu Dhabi-based Masdar Initiative, has been in the design stages and that a contract for its construction could be awarded late this year. He could not elaborate on exact investments but said costs of such projects could exceed $1bn.
The project involves the construction of two carbon capture plants near the main power facilities in Taweela north of Abu Dhabi city and at the Emirates Aluminium Company (Emal) in Musaffah just at the eastern entrance of the capital.
"The construction of the plants will be completed in 2015 but there will be a second stage afterwards. The locations were selected because of the large rate of consumption of oil and gas at those sites," Rey said.
"Carbon and other gases will be captured at those sites. Those gas will be separated from CO2 and released into air as they are not harmful to the atmosphere. CO2 will then be kept in compressors, where water is separated and removed. Afterwards, CO2 will be transferred via a 500km high-pressure pipeline network and sent back into oil reservoirs underground.
For this reason, the project will have a dual effect: it will largely reduce CO2 emission in the atmosphere and at the same time help push crude oil out of the reservoir. This means it will enhance the oilfield's recovery rate."
Rey said the first stage of the project would involve only the emirate's onshore oilfields, most of which are run by the Abu Dhabi Company for Onshore Oil Operations (Adco), one of the largest oil firms in the world.
"This is a crucial project as the UAE has one of the highest per capita carbon emission rates in the world given its massive use of fossil fuels and its large hydrocarbon resources. It is the first such project in the Middle East and the world's first major carbon capture venture. Developed countries do not have such a project because it is an environmental rather than a commercial venture."
Abu Dhabi is the main oil producer in the UAE, pumping around 2.3 million barrels per day. It controls nearly 92 billion barrels of proven crude reserves and 6.5 trillion cubic metres of natural gas, accounting for nearly eight per cent and five per cent of the world's oil and gas wealth respectively.
According to the Abu Dhabi Department of Economic Development, the UAE's oil and gas consumption grew by as fast as eight per cent annually during 2000-2008, with gas demand soaring from around 31 billion cubic metres to 58 billion cubic metres. Oil consumption surged from around 255,000 bpd to 467,000 bpd.
Isramart : Minister hears plans for region’s low-carbon future
Isramart news:
A GOVERNMENT minister yesterday heard for herself plans for the North- East’s green industrial revolution.
At Nissan’s Sunderland plant, Local Government Minister Rosie Winterton was told about plans to transform the region into a low carbon economy.
The Tyne and Wear City Region executive board was holding its meeting at the plant yesterday.
The group brings together seven local authorities, including County Durham, Newcastle, Gateshead, North Tyneside, South Tyneside, Sunderland and Northumberland, with regional development agency One North East, the business sector and other partners.
Ms Winterton said: “Good partnerships like this one between local authorities, businesses and communities are key to the city region’s growth and the whole country’s economic future.
“Work developing across the North- East on ultra-low carbon vehicles and renewable energy is a clear demonstration of city regions leading the way in the UK for delivering national targets to cut CO2 emissions and promote sustainable economic growth.”
The region is aiming to become an international hub for electric vehicle research, production and use, which could lead to new industries and thousands of jobs.
A GOVERNMENT minister yesterday heard for herself plans for the North- East’s green industrial revolution.
At Nissan’s Sunderland plant, Local Government Minister Rosie Winterton was told about plans to transform the region into a low carbon economy.
The Tyne and Wear City Region executive board was holding its meeting at the plant yesterday.
The group brings together seven local authorities, including County Durham, Newcastle, Gateshead, North Tyneside, South Tyneside, Sunderland and Northumberland, with regional development agency One North East, the business sector and other partners.
Ms Winterton said: “Good partnerships like this one between local authorities, businesses and communities are key to the city region’s growth and the whole country’s economic future.
“Work developing across the North- East on ultra-low carbon vehicles and renewable energy is a clear demonstration of city regions leading the way in the UK for delivering national targets to cut CO2 emissions and promote sustainable economic growth.”
The region is aiming to become an international hub for electric vehicle research, production and use, which could lead to new industries and thousands of jobs.
Isramart : Cook Islands launches Carbon Emissions Bill
Isramart news:
A national project which aims at reducing carbon emissions and domestic power bills is being launched today by Deputy Prime Minister and Minister for Aponga Uira Robert Wigmore. GOVERNMENT OF THE COOK ISLANDS OFFICE OF THE DEPUTY PRIME MINISTER
MEDIA RELEASE
22 December 2010
Cook Islands Launches Carbon Emissions Bill
A national project which aims at reducing carbon emissions and domestic power bills is being launched today by Deputy Prime Minister and Minister for Aponga Uira Robert Wigmore.
The project aims to introduce low energy light bulbs into all homes and educate the public on the advantages on using these over the standard incandescent light bulbs.
“If we manage to have all Cook Islands homes switch to energy saving light bulbs, this will translate into a saving of half a million litres of fuel each year,” says Minister Wigmore.
“The success of the project would also mean we would save several hundred tons of carbon emissions across the Cook Islands every year.”
The joint Asian Development Bank and Te Aponga Uira (TAU) project involves all domestic households receiving TAU voucher to receive three free compact fluorescent lights (CFL). The vouchers are redeemed at CITC, which won the tender to supply the energy saving bulbs. Unfortunately, commercial users do not qualify to receive the free bulbs which TAU guarantee are high quality with a two year warranty, has 10,000 hours of usage and safe against voltage fluctuations.
The Minister explained that replacing the high energy consuming incandescent light bulbs (those round ones) in homes by providing free CFLs is the first step in the move to phase in CFLs usage in Cook Islands homes.
Wigmore confirmed that the ultimate aim is to ban the import of incandescent bulbs altogether, “but we wanted to do this gradually and saw this phasing in as the best way to introduce the new bulbs and educate our people on the many advantages, not just with your own power bill, but helping our environment as well.”
Minister Wigmore said he is very pleased that the project has been launched and the positive cooperation of various sectors of the community in promoting it.
The national project will be administered in the outer islands with the assistance of OMIA.
A national project which aims at reducing carbon emissions and domestic power bills is being launched today by Deputy Prime Minister and Minister for Aponga Uira Robert Wigmore. GOVERNMENT OF THE COOK ISLANDS OFFICE OF THE DEPUTY PRIME MINISTER
MEDIA RELEASE
22 December 2010
Cook Islands Launches Carbon Emissions Bill
A national project which aims at reducing carbon emissions and domestic power bills is being launched today by Deputy Prime Minister and Minister for Aponga Uira Robert Wigmore.
The project aims to introduce low energy light bulbs into all homes and educate the public on the advantages on using these over the standard incandescent light bulbs.
“If we manage to have all Cook Islands homes switch to energy saving light bulbs, this will translate into a saving of half a million litres of fuel each year,” says Minister Wigmore.
“The success of the project would also mean we would save several hundred tons of carbon emissions across the Cook Islands every year.”
The joint Asian Development Bank and Te Aponga Uira (TAU) project involves all domestic households receiving TAU voucher to receive three free compact fluorescent lights (CFL). The vouchers are redeemed at CITC, which won the tender to supply the energy saving bulbs. Unfortunately, commercial users do not qualify to receive the free bulbs which TAU guarantee are high quality with a two year warranty, has 10,000 hours of usage and safe against voltage fluctuations.
The Minister explained that replacing the high energy consuming incandescent light bulbs (those round ones) in homes by providing free CFLs is the first step in the move to phase in CFLs usage in Cook Islands homes.
Wigmore confirmed that the ultimate aim is to ban the import of incandescent bulbs altogether, “but we wanted to do this gradually and saw this phasing in as the best way to introduce the new bulbs and educate our people on the many advantages, not just with your own power bill, but helping our environment as well.”
Minister Wigmore said he is very pleased that the project has been launched and the positive cooperation of various sectors of the community in promoting it.
The national project will be administered in the outer islands with the assistance of OMIA.
Isramart : Many Albertans agree: A carbon tax was the best solution
Isramart news:
Quebec is expected to receive somewhat more than $8.5-billion in equalization payments next year, up from about $8.3-billion this year. The payments will represent about 11 per cent of the government's total revenues.
A big chunk of those payments come from the richest province, Alberta. So one would have thought that gratitude, if nothing else, might be extended from Quebec (and other equalization-receiving provinces, including Ontario) to Alberta.
No, a little Alberta-bashing apparently sells in la belle province, especially over the environment. Alberta has an environmental challenge, all right, because its greenhouse emissions are the highest in Canada, and Canada's overall record is among the very worst in the world.
But does anyone believe that if Quebec had oil and natural gas instead of abundant hydro that its politicians would be as morally virtuous as they now purport to be?
From 1990 to 2006, Quebec's emissions barely moved. Yet listening to Premier Jean Charest and Bloc Québécois leader Gilles Duceppe, you'd think those emissions had nosedived. Quebec has done better than elsewhere in Canada, not because of any serious governmental measures, but because of a happy geographic fluke.
The Alberta energy sector has a long way to go before it understands its obligations to reduce emissions, but the sector does continue to provide revenues that Ottawa can tax and then redistribute to other parts of Canada – including Quebec.
Having acknowledged this contribution, it's also important to underscore that Alberta's inability or unwillingness to do better in reducing emissions has national implications.
It will be impossible for Canada to meet the Harper government's target of reducing emissions by 20 per cent by 2020 if Alberta remains on its current emissions track.
That track, temporarily derailed by the temporary slowdown in oil sands development, would allow Alberta's emissions to grow by 14 per cent by 2020. With the largest polluting province's emissions set to rise by 14 per cent, it would be impossible for the country's to decline by 20 per cent.
Oil executives know this. Foreign governments know this. Energy policy analysts in universities know this. Federal civil servants know this. Even the Alberta government knows this. It is a square that cannot be circled, regardless of the public-relations campaign of the Harper government.
Alberta is betting hugely on carbon sequestration, or capture-and-storage, to reduce (eventually) its emissions. It has created a $2-billion fund to help finance such projects.
Four have thus far been announced. If they all work, they will eventually remove a small fraction of the roughly 235 million tonnes of carbon dioxide the province emits per year – at an Alberta government cost of $2-billion.
Long-term, Alberta's hopes to remove about 140 million tonnes through carbon sequestration by 2050. Yes, as lessons are learned, the costs of technology might (will?) diminish. Yes, therefore, the per-tonne removal costs will decline. And yes, some of the carbon is pumped into disused oil deposits that might extract additional pockets of oil, thereby generating additional revenues for the province.
But the economics of sequestration – even if all these things come about – are expensive on a per-tonne basis. Albertans should therefore know: The cost of this policy option is not a one-time payment of $2-billion, but a long-term investment of multiple tens of billions of dollars. Who pays?
Which brings us to Alberta's small carbon tax. It has one – $15 a tonne for companies that exceed certain emission limits, with the money going into a technology fund. The trouble is that $15 a tonne is too low today to generate a lot of money, and will certainly be far too low tomorrow to generate the income the government will need to finance this expensive policy option.
While Alberta pursues carbon sequestration, Ottawa (also investing in sequestration) is supposed to be designing a cap-and-trade scheme for buying and selling emission credits. Alberta dislikes this idea because it fears the trades will pull revenue out of the province, a fear not to be dismissed.
It should be possible, however, to design a system that lets the carbon-producing provinces keep some or most of the revenues. Canada has shown itself capable of designing such transfer schemes, as in equalization from which Quebec (and other provinces) benefit so greatly.
The supreme irony of private talks about this issue, among those in the industry and in policy circles who know global warming is real and Alberta's current approach is inadequate, is the majority belief that the best solution for pricing carbon would be a tax, rather than a cumbersome cap-and-trade system.
A tax would catch producers and consumers, a long-standing demand of producers in the oil and gas industry. It would give price certainty to companies. It would be much easier to keep the revenues in Alberta and other fossil-fuel provinces. It would be so much simpler to administer.
Their erstwhile political friends of the oil patch in the provincial and federal Conservatives parties, however, killed a carbon tax in the last election. It's amazing how many serious people in Alberta privately regret its passing, given the other options for pricing carbon on offer and the huge expense of sequestration.
Quebec is expected to receive somewhat more than $8.5-billion in equalization payments next year, up from about $8.3-billion this year. The payments will represent about 11 per cent of the government's total revenues.
A big chunk of those payments come from the richest province, Alberta. So one would have thought that gratitude, if nothing else, might be extended from Quebec (and other equalization-receiving provinces, including Ontario) to Alberta.
No, a little Alberta-bashing apparently sells in la belle province, especially over the environment. Alberta has an environmental challenge, all right, because its greenhouse emissions are the highest in Canada, and Canada's overall record is among the very worst in the world.
But does anyone believe that if Quebec had oil and natural gas instead of abundant hydro that its politicians would be as morally virtuous as they now purport to be?
From 1990 to 2006, Quebec's emissions barely moved. Yet listening to Premier Jean Charest and Bloc Québécois leader Gilles Duceppe, you'd think those emissions had nosedived. Quebec has done better than elsewhere in Canada, not because of any serious governmental measures, but because of a happy geographic fluke.
The Alberta energy sector has a long way to go before it understands its obligations to reduce emissions, but the sector does continue to provide revenues that Ottawa can tax and then redistribute to other parts of Canada – including Quebec.
Having acknowledged this contribution, it's also important to underscore that Alberta's inability or unwillingness to do better in reducing emissions has national implications.
It will be impossible for Canada to meet the Harper government's target of reducing emissions by 20 per cent by 2020 if Alberta remains on its current emissions track.
That track, temporarily derailed by the temporary slowdown in oil sands development, would allow Alberta's emissions to grow by 14 per cent by 2020. With the largest polluting province's emissions set to rise by 14 per cent, it would be impossible for the country's to decline by 20 per cent.
Oil executives know this. Foreign governments know this. Energy policy analysts in universities know this. Federal civil servants know this. Even the Alberta government knows this. It is a square that cannot be circled, regardless of the public-relations campaign of the Harper government.
Alberta is betting hugely on carbon sequestration, or capture-and-storage, to reduce (eventually) its emissions. It has created a $2-billion fund to help finance such projects.
Four have thus far been announced. If they all work, they will eventually remove a small fraction of the roughly 235 million tonnes of carbon dioxide the province emits per year – at an Alberta government cost of $2-billion.
Long-term, Alberta's hopes to remove about 140 million tonnes through carbon sequestration by 2050. Yes, as lessons are learned, the costs of technology might (will?) diminish. Yes, therefore, the per-tonne removal costs will decline. And yes, some of the carbon is pumped into disused oil deposits that might extract additional pockets of oil, thereby generating additional revenues for the province.
But the economics of sequestration – even if all these things come about – are expensive on a per-tonne basis. Albertans should therefore know: The cost of this policy option is not a one-time payment of $2-billion, but a long-term investment of multiple tens of billions of dollars. Who pays?
Which brings us to Alberta's small carbon tax. It has one – $15 a tonne for companies that exceed certain emission limits, with the money going into a technology fund. The trouble is that $15 a tonne is too low today to generate a lot of money, and will certainly be far too low tomorrow to generate the income the government will need to finance this expensive policy option.
While Alberta pursues carbon sequestration, Ottawa (also investing in sequestration) is supposed to be designing a cap-and-trade scheme for buying and selling emission credits. Alberta dislikes this idea because it fears the trades will pull revenue out of the province, a fear not to be dismissed.
It should be possible, however, to design a system that lets the carbon-producing provinces keep some or most of the revenues. Canada has shown itself capable of designing such transfer schemes, as in equalization from which Quebec (and other provinces) benefit so greatly.
The supreme irony of private talks about this issue, among those in the industry and in policy circles who know global warming is real and Alberta's current approach is inadequate, is the majority belief that the best solution for pricing carbon would be a tax, rather than a cumbersome cap-and-trade system.
A tax would catch producers and consumers, a long-standing demand of producers in the oil and gas industry. It would give price certainty to companies. It would be much easier to keep the revenues in Alberta and other fossil-fuel provinces. It would be so much simpler to administer.
Their erstwhile political friends of the oil patch in the provincial and federal Conservatives parties, however, killed a carbon tax in the last election. It's amazing how many serious people in Alberta privately regret its passing, given the other options for pricing carbon on offer and the huge expense of sequestration.
Isramart :Carbon Offsets Come Under Fire
Isramart news:
Mark Shapiro, of Berkeley, Calif.’s Center for Investigative Reporting, has written a scathing report on the carbon offset industry in the February edition of Harper’s. Policymakers crafting U.S. climate legislation, which might include provisions for offset projects, should heed the warning, but the criticism shouldn’t be confused with calls to kill a nationwide cap-and-trade program.
The industry to generate and then verify carbon offsets has exploded in recent years largely because of the Kyoto treaty, which established national limits on emissions. The treaty allows regulated companies to purchase credits produced from these offset projects to meet a portion of their emissions-reductions targets set by the international program. More than 300 million credits, each representing the equivalent of one metric ton of carbon dioxide, have so far been generated, and these credits can then be traded on commodities markets. Shapiro says up to 2 billion new credits could be drawn from offset projects if a cap-and-trade program similar to the proposals now before Congress were to become reality.
Shapiro, who traveled to Brazil and Europe and interviewed a legion of experts to write this piece, argues that the system is fraught with pitfalls, from grossly inaccurate readings on the emissions reduced by projects to conflicts of interest from the third-party firms hired to “verify” offsets. A study published in the peer-reviewed journal Climate Policy reportedly found that just 60 percent of the projects it looked at actually provided evidence that they were reliable. Shapiro calls the market for credits produced by offset projects “an elaborate shell game, a disappearing act that nicely serves the immediate interests of the world’s governments but fails to meet the challenges of our looming environmental crisis.”
Other writers have taken their shots at the offset market, including those at BusinessWeek and the Financial Times. UK-based environmental journalist George Monbiot has likened the industry to selling indulgences and called offsets an excuse for business as usual. But Shapiro’s warning comes at a crucial time, as Congress is expected to start debating national climate legislation again later this year.
The offsets allowed under current cap-and-trade proposals in Congress would be far broader and complex than those now traded in Europe and created under the Kyoto regime, according to Shapiro. He points to provisions allowing offsets from reductions in greenhouse gas-intensive farming practices and the preservation of forests as two examples of new classes of “carbon promises” with measurement and accountability challenges.
In theory, allowing for the creation of credits from offsets has benefits – incentivizing businesses and individuals to invest in carbon-reducing projects that otherwise wouldn’t have occurred and transferring technology to poorer countries, say through a project that replaces kerosene lamps with solar-powered lights. But if a reliable system can’t be established to verify real offsets, then the idea should be phased out. A robust and effective cap-and-trade program could be implemented without offsets – large emitters bid each year for a gradually declining number of allowances, or credits, sold by the government and those that end up needing fewer than they bought can sell them to those that require more. Killing cap and trade because of the offset problem would be like cutting off an arm because of a broken finger.
Mark Shapiro, of Berkeley, Calif.’s Center for Investigative Reporting, has written a scathing report on the carbon offset industry in the February edition of Harper’s. Policymakers crafting U.S. climate legislation, which might include provisions for offset projects, should heed the warning, but the criticism shouldn’t be confused with calls to kill a nationwide cap-and-trade program.
The industry to generate and then verify carbon offsets has exploded in recent years largely because of the Kyoto treaty, which established national limits on emissions. The treaty allows regulated companies to purchase credits produced from these offset projects to meet a portion of their emissions-reductions targets set by the international program. More than 300 million credits, each representing the equivalent of one metric ton of carbon dioxide, have so far been generated, and these credits can then be traded on commodities markets. Shapiro says up to 2 billion new credits could be drawn from offset projects if a cap-and-trade program similar to the proposals now before Congress were to become reality.
Shapiro, who traveled to Brazil and Europe and interviewed a legion of experts to write this piece, argues that the system is fraught with pitfalls, from grossly inaccurate readings on the emissions reduced by projects to conflicts of interest from the third-party firms hired to “verify” offsets. A study published in the peer-reviewed journal Climate Policy reportedly found that just 60 percent of the projects it looked at actually provided evidence that they were reliable. Shapiro calls the market for credits produced by offset projects “an elaborate shell game, a disappearing act that nicely serves the immediate interests of the world’s governments but fails to meet the challenges of our looming environmental crisis.”
Other writers have taken their shots at the offset market, including those at BusinessWeek and the Financial Times. UK-based environmental journalist George Monbiot has likened the industry to selling indulgences and called offsets an excuse for business as usual. But Shapiro’s warning comes at a crucial time, as Congress is expected to start debating national climate legislation again later this year.
The offsets allowed under current cap-and-trade proposals in Congress would be far broader and complex than those now traded in Europe and created under the Kyoto regime, according to Shapiro. He points to provisions allowing offsets from reductions in greenhouse gas-intensive farming practices and the preservation of forests as two examples of new classes of “carbon promises” with measurement and accountability challenges.
In theory, allowing for the creation of credits from offsets has benefits – incentivizing businesses and individuals to invest in carbon-reducing projects that otherwise wouldn’t have occurred and transferring technology to poorer countries, say through a project that replaces kerosene lamps with solar-powered lights. But if a reliable system can’t be established to verify real offsets, then the idea should be phased out. A robust and effective cap-and-trade program could be implemented without offsets – large emitters bid each year for a gradually declining number of allowances, or credits, sold by the government and those that end up needing fewer than they bought can sell them to those that require more. Killing cap and trade because of the offset problem would be like cutting off an arm because of a broken finger.
Isramart : Carbon emission reduction, brick by brick
Isramart news:
Copenhagen summit may have failed to draw a succinct map for reduction in carbon emission, but Punjab has started doing its bit, brick by brick.
With an aim to reduce carbon emissions in the brick industry, United Nations Development Programme’s Global Environment Facility (UNDP-GEF) is supporting a project on manufacture of energy-efficient bricks. The Punjab State Council for Science and Technology (PSCST), which is the local resource centre for north India, will provide technical guidance to about 5,000 kilns in Punjab and Haryana.
The Union Ministry of Environment and Forests is the implementing agency and The Energy and Resource Institute (TERI) is a partner in the project.
The Indian brick industry is second biggest in the world after China and produces about 140 million bricks in a year, consuming 140 billion tonnes of coal along with a huge quantity of biomass fuel. The total carbon dioxide emission is estimated to be 42 million tonnes. In India, the brick industry comes third after power and steel in coal consumption, and employs one crore labourers, but the technology used is age-old, which causes lot of pollution and is hazardous for workers as most of the processes are conducted manually.
Copenhagen summit may have failed to draw a succinct map for reduction in carbon emission, but Punjab has started doing its bit, brick by brick.
With an aim to reduce carbon emissions in the brick industry, United Nations Development Programme’s Global Environment Facility (UNDP-GEF) is supporting a project on manufacture of energy-efficient bricks. The Punjab State Council for Science and Technology (PSCST), which is the local resource centre for north India, will provide technical guidance to about 5,000 kilns in Punjab and Haryana.
The Union Ministry of Environment and Forests is the implementing agency and The Energy and Resource Institute (TERI) is a partner in the project.
The Indian brick industry is second biggest in the world after China and produces about 140 million bricks in a year, consuming 140 billion tonnes of coal along with a huge quantity of biomass fuel. The total carbon dioxide emission is estimated to be 42 million tonnes. In India, the brick industry comes third after power and steel in coal consumption, and employs one crore labourers, but the technology used is age-old, which causes lot of pollution and is hazardous for workers as most of the processes are conducted manually.
Isramart : UK and UAE fund low carbon research
Isramart news:
The UK will create global low carbon policies by collaborating on groundbreaking international research with an Arab university.
Co-operation between the Department of Energy and Climate Change (DECC) and the Masdar Institute in Abu Dhabi in the United Arab Emirates will support work by the International Renewable Energy Association (IRENA).
The association assists different countries with creating and enacting renewable energy laws.
Small and medium enterprises (SMEs) will also receive help from the UK-UAE collaboration, in the form of a private and public sector partnership set up to help them find low carbon solutions to their business needs.
Potential investments worth up to £2 billion could be generated by the scheme, according to estimates from London-based sustainable financiers Earth Capital Partners.
Private firms and government bodies are to work together to support and guide companies looking to exploit the huge potential of low-carbon energy sources across their operations.
DECC minister Ed Miliband said: “These two new collaborative projects are examples of exactly the type of global collaborative effort that we must encourage to tackle climate change problems.”
Dr John Perkins, Provost of the Masdar Institute, said there was excitement about working with leading thinkers, researchers and officials.
“A key part of our mission is to help translate ideas to the market, and working with SMEs from the UK and the UAE to grow and be successful is essential in establishing a thriving renewable energy sector in both our countries,” he said.
The UK will create global low carbon policies by collaborating on groundbreaking international research with an Arab university.
Co-operation between the Department of Energy and Climate Change (DECC) and the Masdar Institute in Abu Dhabi in the United Arab Emirates will support work by the International Renewable Energy Association (IRENA).
The association assists different countries with creating and enacting renewable energy laws.
Small and medium enterprises (SMEs) will also receive help from the UK-UAE collaboration, in the form of a private and public sector partnership set up to help them find low carbon solutions to their business needs.
Potential investments worth up to £2 billion could be generated by the scheme, according to estimates from London-based sustainable financiers Earth Capital Partners.
Private firms and government bodies are to work together to support and guide companies looking to exploit the huge potential of low-carbon energy sources across their operations.
DECC minister Ed Miliband said: “These two new collaborative projects are examples of exactly the type of global collaborative effort that we must encourage to tackle climate change problems.”
Dr John Perkins, Provost of the Masdar Institute, said there was excitement about working with leading thinkers, researchers and officials.
“A key part of our mission is to help translate ideas to the market, and working with SMEs from the UK and the UAE to grow and be successful is essential in establishing a thriving renewable energy sector in both our countries,” he said.
Isramart : Time to stop selling those carbon credits
I must admit that I did not believe that exchanging carbon credits could cure global warming. I felt that Al Gore, having failed to enrich himself after inventing the Internet, was now enriching himself by buying and selling carbon credits (which he also invented). Imagine my surprise, then, when I learned that my hometown in Iowa is having the coldest and most miserable winter they have ever had. Spencer, Iowa, is not alone; the rest of the United States as well as the world is likewise experiencing record cold weather. It is apparent that Al Gore and his fellow carbon traders have cured global warming. It is time to stop trading carbon credits lest the world become too cold.
I previously believed that the elevated level of carbon dioxide in the atmosphere was the result of burning carbon that had been buried deep in the earth millions of years ago. This deeply buried carbon (fossil fuels) overwhelmed the plants' abilities to convert the carbon dioxide back into carbon, oxygen and energy as part of the carbon cycle. I felt that the solution was to find a non-carbon burning way of producing energy such as nuclear fusion. I now must accept that the trading of carbon credits from forests to large producers of C02 like coal-fired power plants and automobiles has cured global warming. And, best of all, we have not had to change our method of energy production. Al Gore has once again solved the world's problems and been well rewarded for his efforts.
Since their carbon credit crusade has been successful, Al Gore and his eco-troopers can now turn their attention to other problems, like world peace, economic depression and water shortages.
Denver Nelson is a retired physician living who resides in Eureka.
I previously believed that the elevated level of carbon dioxide in the atmosphere was the result of burning carbon that had been buried deep in the earth millions of years ago. This deeply buried carbon (fossil fuels) overwhelmed the plants' abilities to convert the carbon dioxide back into carbon, oxygen and energy as part of the carbon cycle. I felt that the solution was to find a non-carbon burning way of producing energy such as nuclear fusion. I now must accept that the trading of carbon credits from forests to large producers of C02 like coal-fired power plants and automobiles has cured global warming. And, best of all, we have not had to change our method of energy production. Al Gore has once again solved the world's problems and been well rewarded for his efforts.
Since their carbon credit crusade has been successful, Al Gore and his eco-troopers can now turn their attention to other problems, like world peace, economic depression and water shortages.
Denver Nelson is a retired physician living who resides in Eureka.
Isramart : District anticipates purchase of carbon credits
Isramart news:
When planning for the Eldorado Hydroelectric Generating Station began, District staff and council immediately recognized its revenue generating potential. Now that it is complete and the money being brought in by it is being used to pay the loans that were taken out to create it, council must decide how the District will spend the money when those debts are gone.
A Climate Action Reserve Fund is being created specifically for that purpose. Last week council gave third reading to a bylaw that will create the fund.
The bylaw stipulates that the money is to be spent in a manner that will help to reduce the District’s carbon footprint on a corporate and community basis.
“This fund and tracking corporate carbon emissions is important because it’s part of meeting our Climate Action Charter target,” said Kate Berniaz, Project Manager/Policy Analyst for the District of Lake Country.
The Climate Action Charter was signed by the District of Lake Country—along with nearly 200 other local governments across BC—as a pledge that the signatories would work to become carbon neutral in their emissions by the year 2012. For signing the charter, the District now receives a grant each year for the full amount that it spends on carbon tax.
As the push to reduce carbon emissions goes on, Stephen Banmen, Director of Finance says there is even talk of emissions reductions being legislated provincially in the near future.
Such reductions could necessitate the purchase of carbon credits according to Banmen. He says that the intent of the Climate Action Fund will to reduce the District’s carbon footprint. When reduction legislation is introduced the District will then be in a position to argue to the provincial government that the District is already funding its own carbon offsets.
If successful, the money that would be spent on carbon credits would be kept in the community rather than being sent out of town.
“We’re not alone in planning like this. It’s a strategy that other communities in BC are trying as well,” said Banmen.
In addition to the revenue generated from the hydroelectric station, the District will also, on an annual basis, put an amount equal to what it would have to pay for carbon offsets to achieve carbon neutrality.
When planning for the Eldorado Hydroelectric Generating Station began, District staff and council immediately recognized its revenue generating potential. Now that it is complete and the money being brought in by it is being used to pay the loans that were taken out to create it, council must decide how the District will spend the money when those debts are gone.
A Climate Action Reserve Fund is being created specifically for that purpose. Last week council gave third reading to a bylaw that will create the fund.
The bylaw stipulates that the money is to be spent in a manner that will help to reduce the District’s carbon footprint on a corporate and community basis.
“This fund and tracking corporate carbon emissions is important because it’s part of meeting our Climate Action Charter target,” said Kate Berniaz, Project Manager/Policy Analyst for the District of Lake Country.
The Climate Action Charter was signed by the District of Lake Country—along with nearly 200 other local governments across BC—as a pledge that the signatories would work to become carbon neutral in their emissions by the year 2012. For signing the charter, the District now receives a grant each year for the full amount that it spends on carbon tax.
As the push to reduce carbon emissions goes on, Stephen Banmen, Director of Finance says there is even talk of emissions reductions being legislated provincially in the near future.
Such reductions could necessitate the purchase of carbon credits according to Banmen. He says that the intent of the Climate Action Fund will to reduce the District’s carbon footprint. When reduction legislation is introduced the District will then be in a position to argue to the provincial government that the District is already funding its own carbon offsets.
If successful, the money that would be spent on carbon credits would be kept in the community rather than being sent out of town.
“We’re not alone in planning like this. It’s a strategy that other communities in BC are trying as well,” said Banmen.
In addition to the revenue generated from the hydroelectric station, the District will also, on an annual basis, put an amount equal to what it would have to pay for carbon offsets to achieve carbon neutrality.
Isramart : Peters to launch eThekwini landfill gas CDM project
Isramart news:
The second component of the eThekwini Durban landfill gas to electricity Clean Development Mechanism (CDM) project will be launched by Energy Minister Dipuo Peters on Thursday.
The second component of the project involves the extraction of landfill gas (between 40% and 60% methane) at the Bisasar Road landfill site through extraction wells and interlinking pipe work.
Electricity at the Bisasar Road landfill compound is generated through purpose built 1-MW engines and was currently generating a total of 6,5 MW with a further 1-MW engine at the Mariannhill Landfill site, totaling 7,5 MW.
The entire project, which includes the initial Mariannhill and La Mercy sites, is the first landfill CDM project in South Africa.
The total project expenditure was said to be about R100-million. The project income revenue is estimated at about R4,5-million a month - realised from the sale of carbon credits and the sale of electricity.
The United Nations Framework Convention on Climate Change, which houses the CDM executive board, indicates on its website that 68 833 t/y of carbon dioxide (CO2) equivalent are offset from Mariannhill and La Mercy and 342 705 t/y of CO2 equivalent are offset at Bisasar.
Credits have thus far been sold to the World Bank.
The CDM, under the Kyoto Protocol, allows project owners in South Africa to generate an additional revenue stream through the sale of carbon credits to developed countries.
The landfill gas projects effectively capture methane gas, which escapes from the landfill, and use it to generate cleaner burning electricity. Thus cutting down on greenhouse gas emissions and allowing Annex 1 countries to buy the savings in CO2 equivalent gases, which are blamed for climate change and global warming.
As well as making use of the methane gas, the landfill projects also displaced some of the electricity generated from coal, which was also said to emit significant CO2 and contribute to global warming.
The second component of the eThekwini Durban landfill gas to electricity Clean Development Mechanism (CDM) project will be launched by Energy Minister Dipuo Peters on Thursday.
The second component of the project involves the extraction of landfill gas (between 40% and 60% methane) at the Bisasar Road landfill site through extraction wells and interlinking pipe work.
Electricity at the Bisasar Road landfill compound is generated through purpose built 1-MW engines and was currently generating a total of 6,5 MW with a further 1-MW engine at the Mariannhill Landfill site, totaling 7,5 MW.
The entire project, which includes the initial Mariannhill and La Mercy sites, is the first landfill CDM project in South Africa.
The total project expenditure was said to be about R100-million. The project income revenue is estimated at about R4,5-million a month - realised from the sale of carbon credits and the sale of electricity.
The United Nations Framework Convention on Climate Change, which houses the CDM executive board, indicates on its website that 68 833 t/y of carbon dioxide (CO2) equivalent are offset from Mariannhill and La Mercy and 342 705 t/y of CO2 equivalent are offset at Bisasar.
Credits have thus far been sold to the World Bank.
The CDM, under the Kyoto Protocol, allows project owners in South Africa to generate an additional revenue stream through the sale of carbon credits to developed countries.
The landfill gas projects effectively capture methane gas, which escapes from the landfill, and use it to generate cleaner burning electricity. Thus cutting down on greenhouse gas emissions and allowing Annex 1 countries to buy the savings in CO2 equivalent gases, which are blamed for climate change and global warming.
As well as making use of the methane gas, the landfill projects also displaced some of the electricity generated from coal, which was also said to emit significant CO2 and contribute to global warming.
Thursday, January 28, 2010
Isramart : La Sibex s-a lansat piaţa la vedere şi contractul futures Dow Jones
Isramart news:
După trei săptămâni de creşteri, a venit rândul scăderilor la Bursa de Valori Bucureşti (BVB) într-un context în care dinspre pieţele externe nu au venit creşteri care să susţină entuziasmul de la Bucureşti, sectorul afectat fiind cel al titlurilor financiare şi bancare, ca urmare a rezultatelor raportate în Statele Unite şi a planului anunţat de preşedintele SUA ce vizează reducerea şi limitarea operaţiunilor derulate de marile grupuri bancare.
Săptămâna 18-22 ianuarie a adus evoluţii negative pentru toţi indicii bursieri, fără nicio excepţie. Aceasta a fost prima săptămână a noului an în care indicii nu au mai reuşit să acumuleze în valoare. Cea mai mare pierdere a fost marcată de indicele compozit al pieţei, BET C, pierderea pe acesta fiind de 4,06%. Indicele celor mai lichide 10 societăţi listate, BET, a marcat şi el un minus considerabil de 3,90%, iar de la finele anului trecut aprecierea pe acest indice este de 7,20%.
Toţi indicii bursieri au înregistrat scăderi
BET, a încheiat săptămâna cu o pierdere de 3,90%, dar de la începutul anului acest indice s-a apreciat cu 7,20%.
Indicele societăţilor de investiţii financiare, BET FI, a pierdut 2,66%, ajungand astfel la un plus de 11,80% faţă de valoarea sa de la începutul anului. Două şedinţe de tranzacţionare au regăsit indicele pe aprecieri.
În fine, indicele compozit al pieţei, BET C, a marcat un minus de 4,06% în perioada de referinţă, dar a câştigat 8,33%, faţă de valoarea sa de început de an.
Valoarea medie zilnică de tranzacţionare a fost de 22,5 milioane de lei, cu aproximativ 2% mai mică faţă de săptămâna precedentă.
Brokerii se aşteaptă ca Bursa să debuteze săptămâna în curs în scădere, sub impactul declaraţiilor făcute de preşedintele american Barack Obama, dar şi al aşteptărilor despre iminenţa unei corecţii. “Pieţele de capital au reacţionat foarte rapid şi brutal la declaraţiile preşedintelui american, chiar dacă măsurile la care Obama a facut referire vor necesita un interval lung de timp pentru a fi implementate”, a spus Mihai Chişu, broker la o societate de intermediere.
Inaugurare de excepţie la Bursa de la Sibiu
Ziua de vineri, 22 ianuarie, a fost una de excepţie atât pentru Bursa Monetar-Financiară şi de Mărfuri Sibiu (BMFMS – Sibex), cât şi pentru întreaga piaţă de capital românească. Vineri am asistat la lansarea pieţei la vedere pe bursa sibiană, dar şi la lansarea contractului futures pe indicele Dow Jones.
Deschiderea şedinţei a adus şi primele tranzacţii pe piaţa sibiană cu acţiunile Bursei, acestea fiind primele listate pe propria piaţă. Pe parcursul primei şedinţe de tranzacţionare pe aceasta nouă piaţă, s-au perfectat un număr de 32 de tranzacţii, volumul acţiunilor vândute fiind de 69.660 acţiuni, la preţuri cuprinse între 1,99 lei şi 2,99 lei/acţiune. Evoluţia preţurilor acţiunilor listate la Sibex va permite o variaţie zilnică de +/- 15%.
Tranzacţiile cu contracte futures având ca suport indicele DOW Jones au fost demult aşteptate pe piaţă de către investitorii locali, aceasta datorită interdependenţei pieţelor de capital regionale de piaţa americană de profil.
Dow Jones este unul dintre cei mai populari indici bursieri pe plan mondial, acesta având în componenţă 30 de acţiuni ale celor mai performante companii americane.
Prin intermediul contractului futures pe indicele Dow Jones Industrial Average listat la Bursa de la Sibiu investitorii au posibilitatea de a profita de creşterile şi scăderile burselor din SUA în condiţii foarte avantajoase în ceea ce priveşte atât marjele, cât şi comisioanele de tranzacţionare, acest contract fiind denominat atât în lei, cât şi în dolari americani.
“Suntem încântaţi să începem cooperarea cu CME Group şi Dow Jones Indexes, iar acest proiect constituie unul din cei mai importanţi paşi pe care îi facem în cadrul strategiei noastre de construire a unei pieţe de produse derivate lichide şi eficiente în România”, a spus Teodor Ancuţa, preşedintele Bursei din Sibiu.
Iar dacă tot a fost o zi a premierelor, tot vineri s-au perfectat şi primele contracte futures având ca activ suport certificatele EGES (emisii de dioxid de carbon). Şi pentru aceste contracte perspectivele în ceea ce priveşte tranzacţionarea sunt în creştere, o piaţă de tranzacţionare a acestor certificate fiind necesară şi în România.
Lansarea pieţei la vedere şi lansarea contractelor pe Dow Jones a coincis cu aniversarea a 15 ani de bursă la Sibiu. Aniversarea a reunit cei mai importanţi oameni activi din piaţa de capital, de la preşedinţi şi directori generali ai societăţilor de servicii de investiţii financiare, reprezentanţi ai autorităţilor locale, brokeri, reprezentanţi ai sectorului bancar, până la reprezentanţi ai autorităţilor de supraveghere a pieţei de capital.
După trei săptămâni de creşteri, a venit rândul scăderilor la Bursa de Valori Bucureşti (BVB) într-un context în care dinspre pieţele externe nu au venit creşteri care să susţină entuziasmul de la Bucureşti, sectorul afectat fiind cel al titlurilor financiare şi bancare, ca urmare a rezultatelor raportate în Statele Unite şi a planului anunţat de preşedintele SUA ce vizează reducerea şi limitarea operaţiunilor derulate de marile grupuri bancare.
Săptămâna 18-22 ianuarie a adus evoluţii negative pentru toţi indicii bursieri, fără nicio excepţie. Aceasta a fost prima săptămână a noului an în care indicii nu au mai reuşit să acumuleze în valoare. Cea mai mare pierdere a fost marcată de indicele compozit al pieţei, BET C, pierderea pe acesta fiind de 4,06%. Indicele celor mai lichide 10 societăţi listate, BET, a marcat şi el un minus considerabil de 3,90%, iar de la finele anului trecut aprecierea pe acest indice este de 7,20%.
Toţi indicii bursieri au înregistrat scăderi
BET, a încheiat săptămâna cu o pierdere de 3,90%, dar de la începutul anului acest indice s-a apreciat cu 7,20%.
Indicele societăţilor de investiţii financiare, BET FI, a pierdut 2,66%, ajungand astfel la un plus de 11,80% faţă de valoarea sa de la începutul anului. Două şedinţe de tranzacţionare au regăsit indicele pe aprecieri.
În fine, indicele compozit al pieţei, BET C, a marcat un minus de 4,06% în perioada de referinţă, dar a câştigat 8,33%, faţă de valoarea sa de început de an.
Valoarea medie zilnică de tranzacţionare a fost de 22,5 milioane de lei, cu aproximativ 2% mai mică faţă de săptămâna precedentă.
Brokerii se aşteaptă ca Bursa să debuteze săptămâna în curs în scădere, sub impactul declaraţiilor făcute de preşedintele american Barack Obama, dar şi al aşteptărilor despre iminenţa unei corecţii. “Pieţele de capital au reacţionat foarte rapid şi brutal la declaraţiile preşedintelui american, chiar dacă măsurile la care Obama a facut referire vor necesita un interval lung de timp pentru a fi implementate”, a spus Mihai Chişu, broker la o societate de intermediere.
Inaugurare de excepţie la Bursa de la Sibiu
Ziua de vineri, 22 ianuarie, a fost una de excepţie atât pentru Bursa Monetar-Financiară şi de Mărfuri Sibiu (BMFMS – Sibex), cât şi pentru întreaga piaţă de capital românească. Vineri am asistat la lansarea pieţei la vedere pe bursa sibiană, dar şi la lansarea contractului futures pe indicele Dow Jones.
Deschiderea şedinţei a adus şi primele tranzacţii pe piaţa sibiană cu acţiunile Bursei, acestea fiind primele listate pe propria piaţă. Pe parcursul primei şedinţe de tranzacţionare pe aceasta nouă piaţă, s-au perfectat un număr de 32 de tranzacţii, volumul acţiunilor vândute fiind de 69.660 acţiuni, la preţuri cuprinse între 1,99 lei şi 2,99 lei/acţiune. Evoluţia preţurilor acţiunilor listate la Sibex va permite o variaţie zilnică de +/- 15%.
Tranzacţiile cu contracte futures având ca suport indicele DOW Jones au fost demult aşteptate pe piaţă de către investitorii locali, aceasta datorită interdependenţei pieţelor de capital regionale de piaţa americană de profil.
Dow Jones este unul dintre cei mai populari indici bursieri pe plan mondial, acesta având în componenţă 30 de acţiuni ale celor mai performante companii americane.
Prin intermediul contractului futures pe indicele Dow Jones Industrial Average listat la Bursa de la Sibiu investitorii au posibilitatea de a profita de creşterile şi scăderile burselor din SUA în condiţii foarte avantajoase în ceea ce priveşte atât marjele, cât şi comisioanele de tranzacţionare, acest contract fiind denominat atât în lei, cât şi în dolari americani.
“Suntem încântaţi să începem cooperarea cu CME Group şi Dow Jones Indexes, iar acest proiect constituie unul din cei mai importanţi paşi pe care îi facem în cadrul strategiei noastre de construire a unei pieţe de produse derivate lichide şi eficiente în România”, a spus Teodor Ancuţa, preşedintele Bursei din Sibiu.
Iar dacă tot a fost o zi a premierelor, tot vineri s-au perfectat şi primele contracte futures având ca activ suport certificatele EGES (emisii de dioxid de carbon). Şi pentru aceste contracte perspectivele în ceea ce priveşte tranzacţionarea sunt în creştere, o piaţă de tranzacţionare a acestor certificate fiind necesară şi în România.
Lansarea pieţei la vedere şi lansarea contractelor pe Dow Jones a coincis cu aniversarea a 15 ani de bursă la Sibiu. Aniversarea a reunit cei mai importanţi oameni activi din piaţa de capital, de la preşedinţi şi directori generali ai societăţilor de servicii de investiţii financiare, reprezentanţi ai autorităţilor locale, brokeri, reprezentanţi ai sectorului bancar, până la reprezentanţi ai autorităţilor de supraveghere a pieţei de capital.
Isramart: Vanzarea emisiilor de CO2 neutilizate ar aduce Bulgariei un miliard de dolari
Isramart news:
Ministrul bulgar al mediului, Nona Karadjova, a anuntat ca Bulgaria ar putea avea un profit de aproape un miliard de dolari daca isi va vinde emisiile de dioxid de carbon neutilizate. Bulgaria a respectat toate angajamentele pentru reducerea emisiilor de CO2 asumate prin protocolul de la Kyoto si a acumulat un mare surplus. Acest fapt se datoreaza declinului industriei bulgare dupa caderea comunismului in anul 1989, dar si eforturilor depuse pentru cresterea eficientei energetice.
Karadjova crede ca cel putin 80% din veniturile din comertul cu emisii de CO2 trebuie investit in proiecte pentru ocrotirea mediului si cresterea eficientei energetice. Oficialul bulgar a precizat ca alte tari din estul Europei, precum Cehia, Polonia, Ungaria, Lituania, si-au vandut deja cotele neutilizate, cumparatorii fiind alte tari sau companii private.
Ministrul bulgar al mediului, Nona Karadjova, a anuntat ca Bulgaria ar putea avea un profit de aproape un miliard de dolari daca isi va vinde emisiile de dioxid de carbon neutilizate. Bulgaria a respectat toate angajamentele pentru reducerea emisiilor de CO2 asumate prin protocolul de la Kyoto si a acumulat un mare surplus. Acest fapt se datoreaza declinului industriei bulgare dupa caderea comunismului in anul 1989, dar si eforturilor depuse pentru cresterea eficientei energetice.
Karadjova crede ca cel putin 80% din veniturile din comertul cu emisii de CO2 trebuie investit in proiecte pentru ocrotirea mediului si cresterea eficientei energetice. Oficialul bulgar a precizat ca alte tari din estul Europei, precum Cehia, Polonia, Ungaria, Lituania, si-au vandut deja cotele neutilizate, cumparatorii fiind alte tari sau companii private.
Isramart : Bancile se retrag de pe piata carbonului dupa esecul COP15
Isramart news:
Bancile au inceput sa se retraga de pe piata certificatelor de carbon dupa ce statele lumii nu au reusit sa ajunga la un acord de limitare a emisiilor la conferinta din decembrie de la Copenhaga (COP15), transmite The Guardian.
Un numar important de investitori s-au retras dintr-un proiect de amploare pentru dezvoltarea de energii regenerabile in tarile in curs de dezvoltare din cauza unei posibile scaderi a pretului pentru credite dupa 2012.
„Lipsa de certitudini in legatura cu regulamentele de dupa 2012 afecteaza felul in care piata vede evolutia costului CER-urilor (credite de carbon din proiecte de energie curata). Daca s-ar fi ajuns la un acord putin mai detaliat la Copenhaga, oamenii ar fi fost mai dispusi sa isi asume riscul”, explica Paul Kelly, director executiv la Eco- Securitie.
Bancile au inceput sa se retraga de pe piata carbonului inainte de conferinta COP15. Din cauza crizei financiare, mai putine proiecte de energie regenerabila au avut nevoie de investitii si mai putine emisii au trebuit sa fie compensate. Pretul pentru creditele de carbon au scazut si ele, iar schemele nationale de comert cu astfel de certificate au ramas la stadiul de proiect atat in Australia cat si in Statele Unite.
Bancile au inceput sa se retraga de pe piata certificatelor de carbon dupa ce statele lumii nu au reusit sa ajunga la un acord de limitare a emisiilor la conferinta din decembrie de la Copenhaga (COP15), transmite The Guardian.
Un numar important de investitori s-au retras dintr-un proiect de amploare pentru dezvoltarea de energii regenerabile in tarile in curs de dezvoltare din cauza unei posibile scaderi a pretului pentru credite dupa 2012.
„Lipsa de certitudini in legatura cu regulamentele de dupa 2012 afecteaza felul in care piata vede evolutia costului CER-urilor (credite de carbon din proiecte de energie curata). Daca s-ar fi ajuns la un acord putin mai detaliat la Copenhaga, oamenii ar fi fost mai dispusi sa isi asume riscul”, explica Paul Kelly, director executiv la Eco- Securitie.
Bancile au inceput sa se retraga de pe piata carbonului inainte de conferinta COP15. Din cauza crizei financiare, mai putine proiecte de energie regenerabila au avut nevoie de investitii si mai putine emisii au trebuit sa fie compensate. Pretul pentru creditele de carbon au scazut si ele, iar schemele nationale de comert cu astfel de certificate au ramas la stadiul de proiect atat in Australia cat si in Statele Unite.
Isramart : Evenimentul Zilei: Aer curat, vandut pe 1,2 miliarde de €
Isramart news:
România vrea să vândă aer curat în valoare de 1,2 miliarde de euro. ”
Noi avem un surplus de certificate de emisii de dioxid de carbon, pe care nu le folosim. Ţările mai dezvoltate s-au arătat interesate de achiziţionarea acestor certificate”, a declarat ministrul mediului şi pădurilor, Laszlo Borbely. Potrivit acestuia, în două săptămâni, Guvernul va discuta un proiect de hotărâre care să reglementeze aceste tranzacţii, întrucât statul are nevoie de bani pe timp de criză.
România vrea să vândă aer curat în valoare de 1,2 miliarde de euro. ”
Noi avem un surplus de certificate de emisii de dioxid de carbon, pe care nu le folosim. Ţările mai dezvoltate s-au arătat interesate de achiziţionarea acestor certificate”, a declarat ministrul mediului şi pădurilor, Laszlo Borbely. Potrivit acestuia, în două săptămâni, Guvernul va discuta un proiect de hotărâre care să reglementeze aceste tranzacţii, întrucât statul are nevoie de bani pe timp de criză.
Isramart : Sudul Chinei se confrunta cu cea mai grava seceta din ultimii 50 de ani
Isramart news:
Aproape 3 milioane de oameni din China s-au confruntat cu o criza acuta de apa potabila din cauza celei mai grave secete din ultimii 50 de ani care a lovit parti din sudul si sud-vestul Chinei, potrivit meteorologilor, citati de agentia de presa Xinhua.
Seceta a afectat 2,91 milioane de chinezi si 1,48 milioane de animale domestice in provincia Yunnan, in timp ce 57,5% din recoltele agricole din sud-vestul provinciei au fost distruse.
Din luna iulie a anului trecut, nivelul precipitatiilor din Yunnan a fost cu 207 milimetri mai scazut fata de media normala, a explicat Ma Lianxiang, de la Biroul de meteorologie din Yunnan.
In provincia vecina Guizhou, unde aproximativ 250.000 de oameni au suferit de o lipsa grava de apa potabila, autoritatile au mobilizat 61.000 de oameni si 1.140 de vehicule de transport apa pentru a rezolva problema.
De asemenea, in regiunea autonoma Guangxi Zhuang, peste 80.000 de oameni au suferit din cauza aceleiasi probleme, au anuntat autoritatile locale. Nivelul precipitatiilor din China a fost de 887,6 milimetri in 2009, cu 60,7% mai scazut fata de anul 2008 si cu 45% fata de media normala. Din pacate, nici prognozele viitoare nu sunt prea optimiste, anuntand ca statul asiatic nu va avea parte de ploi considerabile pentru a pune capat secetei.
Aproape 3 milioane de oameni din China s-au confruntat cu o criza acuta de apa potabila din cauza celei mai grave secete din ultimii 50 de ani care a lovit parti din sudul si sud-vestul Chinei, potrivit meteorologilor, citati de agentia de presa Xinhua.
Seceta a afectat 2,91 milioane de chinezi si 1,48 milioane de animale domestice in provincia Yunnan, in timp ce 57,5% din recoltele agricole din sud-vestul provinciei au fost distruse.
Din luna iulie a anului trecut, nivelul precipitatiilor din Yunnan a fost cu 207 milimetri mai scazut fata de media normala, a explicat Ma Lianxiang, de la Biroul de meteorologie din Yunnan.
In provincia vecina Guizhou, unde aproximativ 250.000 de oameni au suferit de o lipsa grava de apa potabila, autoritatile au mobilizat 61.000 de oameni si 1.140 de vehicule de transport apa pentru a rezolva problema.
De asemenea, in regiunea autonoma Guangxi Zhuang, peste 80.000 de oameni au suferit din cauza aceleiasi probleme, au anuntat autoritatile locale. Nivelul precipitatiilor din China a fost de 887,6 milimetri in 2009, cu 60,7% mai scazut fata de anul 2008 si cu 45% fata de media normala. Din pacate, nici prognozele viitoare nu sunt prea optimiste, anuntand ca statul asiatic nu va avea parte de ploi considerabile pentru a pune capat secetei.
Isramart : Australia a confirmat ca isi va reduce emisiile cu 5% pana in 2020
Isramart news:
Australia si-a confirmat angajamentul de reducere a emisiilor de carbon cu 5%, pana in 2020, anunta Earth Times.
Guvernul acestui stat a prezentat si o optiune de rezerva de crestere a acestei tinte la 25%, daca si alti mari poluatori ai lumii, precum China, fac angajamente comparabile.
Decizia trebuia confirmata pana la 1 februarie, acesta fiind termenul limita pana cand statele lumii trebuie sa anunte Natunilor Unite tintele de reducere a emisiilor.
Si Uniunea Europeana si-a confirmat in aceasta saptamana planurile reducerii emisiilor, anuntand o tinta de 20%, pana in 2020, cu optiunea cresterii acestei tinte la 30% in cazul in care si alti parteneri internationali fac eforturi comparabile.
Sperantele pentru un acord global asupra combaterii incalzirii globale se indreapta acum catre viitoarea conferinta ONU pe tema schimbarilor climatice ce va avea loc in noiembrie, in Mexic.
Australia si-a confirmat angajamentul de reducere a emisiilor de carbon cu 5%, pana in 2020, anunta Earth Times.
Guvernul acestui stat a prezentat si o optiune de rezerva de crestere a acestei tinte la 25%, daca si alti mari poluatori ai lumii, precum China, fac angajamente comparabile.
Decizia trebuia confirmata pana la 1 februarie, acesta fiind termenul limita pana cand statele lumii trebuie sa anunte Natunilor Unite tintele de reducere a emisiilor.
Si Uniunea Europeana si-a confirmat in aceasta saptamana planurile reducerii emisiilor, anuntand o tinta de 20%, pana in 2020, cu optiunea cresterii acestei tinte la 30% in cazul in care si alti parteneri internationali fac eforturi comparabile.
Sperantele pentru un acord global asupra combaterii incalzirii globale se indreapta acum catre viitoarea conferinta ONU pe tema schimbarilor climatice ce va avea loc in noiembrie, in Mexic.
Isramart : Cresterea economica nu este compatibila cu limitarea emisiilor
Isramart news:
Dezvoltarea economica nu este compatibila cu lupta impotriva schimbarilor climatice, iar eforturile Marii Britanii de a iesi din recesiune au facut ca situatia biosferei sa ajunga dincolo de limitele sigurantei, potrivit unui studiu realizat de New Economics Foundation (NEF), citat de The Guardian.
"Cresterea fara limite impinge biosfera pamantului dincolo de limitele sale de siguranta. Pretul platit se observa in compromiterea sigurantei alimentelor in lume, dezordinea climatica, instabilitatea economica si amenintarea bunastarii sociale. Trebuie sa ne schimbam urgent economia pentru a trai in limitele bugetului de mediu. Nu exista o banca centrala de mediu care sa ne ajute in cazul in care ajungem faliti din punct de vedere ecologic", sustine Andrew Simms, director de politici pentru NEF.
Fundatia avertizeaza ca dezvoltarea economica la nivel global nu este posibila daca omenirea isi propune sa restrictioneze cresterea temperaturii globale la 2 grade Celsius. Un astfel de demers ar cere reduceri masive ale emisiilor, imposibile in conditiile cresterii economice.
Potrivit Deloitte, la nivelul statelor membre UE, cresterea economica medie va fi de 1,5%, in timp ce SUA si Japonia vor inregistra un procent de 3%.
Dezvoltarea economica nu este compatibila cu lupta impotriva schimbarilor climatice, iar eforturile Marii Britanii de a iesi din recesiune au facut ca situatia biosferei sa ajunga dincolo de limitele sigurantei, potrivit unui studiu realizat de New Economics Foundation (NEF), citat de The Guardian.
"Cresterea fara limite impinge biosfera pamantului dincolo de limitele sale de siguranta. Pretul platit se observa in compromiterea sigurantei alimentelor in lume, dezordinea climatica, instabilitatea economica si amenintarea bunastarii sociale. Trebuie sa ne schimbam urgent economia pentru a trai in limitele bugetului de mediu. Nu exista o banca centrala de mediu care sa ne ajute in cazul in care ajungem faliti din punct de vedere ecologic", sustine Andrew Simms, director de politici pentru NEF.
Fundatia avertizeaza ca dezvoltarea economica la nivel global nu este posibila daca omenirea isi propune sa restrictioneze cresterea temperaturii globale la 2 grade Celsius. Un astfel de demers ar cere reduceri masive ale emisiilor, imposibile in conditiile cresterii economice.
Potrivit Deloitte, la nivelul statelor membre UE, cresterea economica medie va fi de 1,5%, in timp ce SUA si Japonia vor inregistra un procent de 3%.
Isramart : Nothing official about 'Hagen Accord: UNFCCC
Isramart news:
The UNFCCC has put an end to the ambiguity over the nature of the Copenhagen Accord when it clarified that it has “no legal
standing”. The January 25 notification from the executive secretary Yvo de Boer has stated that the provisions of the accord “do not have any legal standing within the UNFCCC process even if some parties decide to associate themselves with it.”
However, Mr de Boer’s clarification does little to dispel doubts over how the accord can be operationalised, especially on key issues like finance, technology and deforestation.
The January 25 clarification was issued ostensibly because of a unqualified reference—”in light of the legal character of the accord”— in the notification issued a week earlier while asking countries to inform the secretariat about their intention to associate with the accord.
Ambiguity over the nature of the accord was raised after UN secretary general Ban Ki-moon and Denmark’s Prime Minister Lars locke Rasmussen sent out a letter to heads of state and government in early January.
However, the most plausible reason for a clarification was the need to establish where the Copenhagen Accord fit in the UNFCCC process. This lack of clarity on how the accord would link to the larger climate negotiations under the UNFCCC process arises from the fact that the accord was not adopted by the Conference of Parties. The CoP is the association of all countries and is the highest decision making body in the UNFCCC system.
The understanding among the 29 countries involved in formulating the accord was that it would be followed up by decisions by the CoP. This would have made it possible to operationalise all aspects of the Accord, such as finance, technology and REDD. Each of these are critical pillars of the Bali Action Plan, and movement on each of these fronts is crucial for there to be any reasonal progress in the negotiations. As of now, the only part of the accord that can be operationalised relates to emission reduction commitments by developed countries and actions by developing countries.
The limited ambit of the Copenhagen Accord would explain why countries, even those closely associated with its formulation, have become increasingly cagey in their support. While the January 25 clarification unequivocally leaves the decision on the future course of action to the 194 countries, there is no clarity on how various components of the accord can be operationalised. This would explain the call for an early meeting, as early as March 2010, to work out the next step.
The need for a clear road map has led many countries to suggest ways in which the Copenhagen Accord can be utilised for the climate negotiations. Countries will need to decide how the Copenhagen Accord would relate to the UNFCCC process. The BASIC, who were key players in finalising the document, visualise the Accord as an input to the two-track process -- the Kyoto Protocol track and the Long Term Co-operative Action or Bali track.
The UNFCCC has put an end to the ambiguity over the nature of the Copenhagen Accord when it clarified that it has “no legal
standing”. The January 25 notification from the executive secretary Yvo de Boer has stated that the provisions of the accord “do not have any legal standing within the UNFCCC process even if some parties decide to associate themselves with it.”
However, Mr de Boer’s clarification does little to dispel doubts over how the accord can be operationalised, especially on key issues like finance, technology and deforestation.
The January 25 clarification was issued ostensibly because of a unqualified reference—”in light of the legal character of the accord”— in the notification issued a week earlier while asking countries to inform the secretariat about their intention to associate with the accord.
Ambiguity over the nature of the accord was raised after UN secretary general Ban Ki-moon and Denmark’s Prime Minister Lars locke Rasmussen sent out a letter to heads of state and government in early January.
However, the most plausible reason for a clarification was the need to establish where the Copenhagen Accord fit in the UNFCCC process. This lack of clarity on how the accord would link to the larger climate negotiations under the UNFCCC process arises from the fact that the accord was not adopted by the Conference of Parties. The CoP is the association of all countries and is the highest decision making body in the UNFCCC system.
The understanding among the 29 countries involved in formulating the accord was that it would be followed up by decisions by the CoP. This would have made it possible to operationalise all aspects of the Accord, such as finance, technology and REDD. Each of these are critical pillars of the Bali Action Plan, and movement on each of these fronts is crucial for there to be any reasonal progress in the negotiations. As of now, the only part of the accord that can be operationalised relates to emission reduction commitments by developed countries and actions by developing countries.
The limited ambit of the Copenhagen Accord would explain why countries, even those closely associated with its formulation, have become increasingly cagey in their support. While the January 25 clarification unequivocally leaves the decision on the future course of action to the 194 countries, there is no clarity on how various components of the accord can be operationalised. This would explain the call for an early meeting, as early as March 2010, to work out the next step.
The need for a clear road map has led many countries to suggest ways in which the Copenhagen Accord can be utilised for the climate negotiations. Countries will need to decide how the Copenhagen Accord would relate to the UNFCCC process. The BASIC, who were key players in finalising the document, visualise the Accord as an input to the two-track process -- the Kyoto Protocol track and the Long Term Co-operative Action or Bali track.
Isramart : Carbon trading cash cow
Isramart news:
THE introduction of an emissions trading scheme would boost the Northern Rivers economy by at least $109 million, primarily through the agricultural, tourism and fishing industries, a group of Lismore scientists has said.
Dr Kevin Glencross and David Pont, who both contributed to areport by scientists working with the private company, Water and Carbon Group, said investingpublic funds generated through a carbon trading system would have a radical impact on the health of the Richmond River system.
“We calculate that using carbon funds to reinstate natural vegetation across 10,000ha of priority catchment lands could deliver net benefits worth at least $109 million over 25 years in carbon and commercial fisheries income, for aninitial investment of about $22 million,” Dr Glencross said.
The scientists said the investment would deliver dividends for local farmers, who could earn money by regenerating unproductive land on acid sulphate floodplains.
“Well-designed native forests can be extremely productive in these landscapes,” Dr Glencross said.
“We estimate that even with a moderate carbon price of $20 a tonne local farmers stand to earn $8300 a hectare over the 25 years from establishing a wetland forest ecosystem.”
Restoring those systems would put an end to post-flood fish kills – caused as de-oxygenated ‘blackwater’ runs from the acid sulphate soils of floodplains into the rivers, such as one in 2008 that killed about 300 tonnes of fish.
“In the past, higher water tables and wetland vegetation created a barrier between the acid sulphate soils and the floodwater, and kept the chemically reactive soils stable,” Mr Pont said.
“Restoring the function of wetland vegetation on the most affected land could reduce the risk not only of the huge fish kills, but also the lower level impacts from polluted groundwater leaching.”
The scientists said ending fish kills would make a big difference to the $15.2 million local commercial fishing industry and the recreational fishing industry. In the commercial sector alone, not taking intoaccount future price rises for fish, the change would be worth about $50 million over 25 years, they said.
Economist James Bentley praised the proposal.
“Environmental problems are usually viewed as costs,” he said. “Here is a great example how environmental restoration represents a substantial economic opportunity.”
THE introduction of an emissions trading scheme would boost the Northern Rivers economy by at least $109 million, primarily through the agricultural, tourism and fishing industries, a group of Lismore scientists has said.
Dr Kevin Glencross and David Pont, who both contributed to areport by scientists working with the private company, Water and Carbon Group, said investingpublic funds generated through a carbon trading system would have a radical impact on the health of the Richmond River system.
“We calculate that using carbon funds to reinstate natural vegetation across 10,000ha of priority catchment lands could deliver net benefits worth at least $109 million over 25 years in carbon and commercial fisheries income, for aninitial investment of about $22 million,” Dr Glencross said.
The scientists said the investment would deliver dividends for local farmers, who could earn money by regenerating unproductive land on acid sulphate floodplains.
“Well-designed native forests can be extremely productive in these landscapes,” Dr Glencross said.
“We estimate that even with a moderate carbon price of $20 a tonne local farmers stand to earn $8300 a hectare over the 25 years from establishing a wetland forest ecosystem.”
Restoring those systems would put an end to post-flood fish kills – caused as de-oxygenated ‘blackwater’ runs from the acid sulphate soils of floodplains into the rivers, such as one in 2008 that killed about 300 tonnes of fish.
“In the past, higher water tables and wetland vegetation created a barrier between the acid sulphate soils and the floodwater, and kept the chemically reactive soils stable,” Mr Pont said.
“Restoring the function of wetland vegetation on the most affected land could reduce the risk not only of the huge fish kills, but also the lower level impacts from polluted groundwater leaching.”
The scientists said ending fish kills would make a big difference to the $15.2 million local commercial fishing industry and the recreational fishing industry. In the commercial sector alone, not taking intoaccount future price rises for fish, the change would be worth about $50 million over 25 years, they said.
Economist James Bentley praised the proposal.
“Environmental problems are usually viewed as costs,” he said. “Here is a great example how environmental restoration represents a substantial economic opportunity.”
Isramart : Kenya Airways complies with EU carbon emissions trading scheme
Isramart news:
Kenya Airways’ blueprint on curbing carbon dioxide emissions has secured a nod from the European Union, effectively dodging restrictions or a possible ban of its flights to Europe.
As part of compliance with the EU regulations on carbon emissions by airlines, the UK Environment Agency has allowed KQ to roll out its Carbon Emissions Management and Monitoring Plan.
The agency is the regulator assigned to KQ by the European Commission. The move will see Kenya Airways account for its planes’ emissions to enhance environmental conservation as required by the EU Emissions Trading Scheme (ETS).
In a bid to cut aviation-generated carbon emissions in Europe, the EU has made it mandatory for airlines operating within the region to have carbon management plans and an offsetting scheme by 2012.
The development, announced by KQ last week, is a relief for passengers who could have been barred from flying to the Netherlands, the UK and France — the three EU nations the airline flies to directly — had the airline failed to comply with the requirement.
This means KQ has joined a growing list of airlines flying to and from Europe, which have complied with the regulation.
The EU implementation schedule shows that from 2010 to 2012 operators are to monitor their annual emissions and submit a report to the EU for auditing. The first trading period will run from 2012 to 2013.
Under the EU plan, airlines that do not monitor their emissions will face penalties and a potential ban from the EU airspace.
KQ chief executive, Mr Titus Naikuni, said the move would enable the airline to “accurately account” for greenhouse gases the airline emits and invest in programmes that counter the emissions.
The aviation sector has come under criticism as a major contributor to climate change due to carbon emissions.
In the recently concluded Copenhagen Conference on Climate Change the industry — airlines, airports, air navigation service providers and aeroplane manufacturers — committed to improve fuel efficiency by an average of 1.5 per cent per year to 2020.
Globally, the aviation industry has a four-pillar plan to address climate change. The plan includes investing in new technology, flying smart, building efficient infrastructure, and taking advantage of positive economic measures.
The European Union’s emissions trading scheme is the largest multi-national carbon trading scheme in the world. It monitors various sectors, with aviation emissions being the latest addition in November 2008.
The ETS has been in existence since 2005 after being passed by the European parliament.
The scheme initially focused on large industrial emitters.
The EU has an objective of cutting its emissions by 20 per cent by 2020. Airlines will either have to cut their own emissions, trade them in the European market, or invest in emission reduction projects internationally, depending on the most cost-efficient approach. Analysts say the shift into a carbon emission management plan will be a huge cost burden for airlines, which will be passed on to their customers.
Airlines will, for example, have to set up an administrative structure to oversee such schemes, according to the EU regulatory requirements, as well as amend contracts with commercial partners and leasers.
In addition, the emissions must be accounted for on the balance sheet.
“It is likely to have an impact on KQ, especially its operating profit, though we shall have to wait and see the total impact,” said Carol Musyoka, a financial analyst with Bungani Consulting.
She, however, notes that the airline has ways of mitigating the emissions, thus reducing exposure to increased costs. “With the Dreamliner on the way it could help the airline reduce its carbon footprint.”
For the 2008/2009 financial year, Europe contributed 13 per cent or Sh522 million of the Sh4 billion operating profit that Kenya Airways earned.
KQ could not state implications of the new development and whether passengers would see an increase in taxes.
In a November 2009 interview, Mr Naikuni told Business Daily that the scheme would have an impact on the airline, adding that it was looking at a number of strategies to reduce the impact. He said the industry should not move towards taxes, adding that there were other ways of addressing the issue.
A European Union report says every airline covered by the scheme will be treated equally. “Airlines can be expected to pass on, to a large extent or even in full, compliance costs to customers,” says the report by the European Federation for Transport and Environment.
This could see air fares to EU member states increase as operators move to comply with the carbon emissions scheme.
A study by Merrill Lynch, released in September 2008, says the potential cost to airlines in 2012, the first period of trading, could be Sh374 billion annually. This is estimated to reduce in 2015 to Sh321 billion. According to ACEND, a consultancy firm in the aviation industry, the ETS is a fuel tax that is set by market forces.
Higher prices
Every litre of jet fuel burnt leads to 2.5 kilogrammes of carbon emitted in the air. And, a 2009 PricewaterhouseCoopers report says customers will eventually have to pay higher prices for flight distance and weight transported especially once the purchase of credits begins in 2012.
Under the plan, airlines will be allocated carbon credits, which they will use to “pay” for their CO2 emissions on an annual basis.
The scheme allocated KQ a limit. In the event that carbon emissions generated exceed the limit, the airline will buy carbon credits from the market through investment in the UN Certified Cleaner Development Projects as stipulated in the Kyoto Protocol.
The carbon credits allow industrialised countries to invest in ventures that reduce emissions in developing countries to counter pollution in their own countries.
Almost 4,000 operators worldwide will have to comply with the EU regulations.
All major African carriers flying the EU route were allocated an administering member state, with France getting 10 of the 15 airlines. They include Air Mauritius, Royal Air Moroc, Tunisair, Nouvelair, Air Algerie, Air Seychelles, Afriqiyah of Libya, Air Madagascar, Jet4you and Atlas Blue (both from Morocco).
Main regulations
The UK was to administer Kenya Airways, South African Airlines, and Egypt Air, while Italy watches over Ethiopian Airlines, and Portugal has TACV of Cape Verde.
KQ handed over its emissions monitoring plan to the EU last November. With the approval, the airline will have to comply with two main regulations of the scheme that require monitoring tonne-kilometre data from aviation activities carried out in 2010 in accordance with a benchmarking plan and reporting schedule.
Regulation 11 requires KQ to prepare a report of tonne-kilometer data monitored which must be verified by an independent body and comply with the EU ETS directives.
The report is to be submitted to the UK Environment Agency by March 31, 2011 which will in turn submit it to the European Commission.
Social responsibility
Once the allowance is decided, 85 per cent will be given for free, while 15 per cent will be auctioned.
Kenya Airways has moved some of its corporate social responsibility activities to the scheme, including the Ngong Hills Ecosystem Restoration Programme which has seen the airline plant thousands of trees.
According to its 2009 financial report, the project began in 2007 with over 400,000 trees being planted along with other corporate partners.
The airline has so far contributed Sh16.5 million towards the project. In total Kenya Airways and partners such as Coca-Cola, Rolls Royce and KLM have invested Sh47 million in the project.
In addition, said Mr Naikuni, the airline is looking at various initiatives to reduce its carbon emissions. They include buying new ground handling equipment, recycling waste products, and using fuel saving operational techniques.
Fuel consumption
Reducing fuel consumption is however seen as the key in the industry’s move towards reduction of emissions.
The airline has reducing its fuel burn through various techniques including idle reverse on landing and single engine during taxing, continuous descent approach and optimal fuel take off among others.
The airline has ordered for the fuel efficient Boeing 787, Dreamliner, which has been touted as environmentally friendly, to help reduce its fuel bill as well as its emissions.
However, due to technical reasons KQ hopes to receive the first delivery in 2013. The aviation industry is also moving towards the use of biofuels, with Virgin Atlantic being the first airline to use the fuel in February 2008. British Airline flew with 20 per cent biofuel mix.
Since then other carriers such as Air New Zealand, Japan Airlines and the US-based Continental have done similar experimental flights.
The International Air Transport Association has set a 10 per cent target of airline fuel use from alternative sources by 2017 while the industry consortium, Sustainable Aviation Fuel Group, is pushing for planes to use at least 600 million gallons of biofuel by 2015.
Kenya Airways’ blueprint on curbing carbon dioxide emissions has secured a nod from the European Union, effectively dodging restrictions or a possible ban of its flights to Europe.
As part of compliance with the EU regulations on carbon emissions by airlines, the UK Environment Agency has allowed KQ to roll out its Carbon Emissions Management and Monitoring Plan.
The agency is the regulator assigned to KQ by the European Commission. The move will see Kenya Airways account for its planes’ emissions to enhance environmental conservation as required by the EU Emissions Trading Scheme (ETS).
In a bid to cut aviation-generated carbon emissions in Europe, the EU has made it mandatory for airlines operating within the region to have carbon management plans and an offsetting scheme by 2012.
The development, announced by KQ last week, is a relief for passengers who could have been barred from flying to the Netherlands, the UK and France — the three EU nations the airline flies to directly — had the airline failed to comply with the requirement.
This means KQ has joined a growing list of airlines flying to and from Europe, which have complied with the regulation.
The EU implementation schedule shows that from 2010 to 2012 operators are to monitor their annual emissions and submit a report to the EU for auditing. The first trading period will run from 2012 to 2013.
Under the EU plan, airlines that do not monitor their emissions will face penalties and a potential ban from the EU airspace.
KQ chief executive, Mr Titus Naikuni, said the move would enable the airline to “accurately account” for greenhouse gases the airline emits and invest in programmes that counter the emissions.
The aviation sector has come under criticism as a major contributor to climate change due to carbon emissions.
In the recently concluded Copenhagen Conference on Climate Change the industry — airlines, airports, air navigation service providers and aeroplane manufacturers — committed to improve fuel efficiency by an average of 1.5 per cent per year to 2020.
Globally, the aviation industry has a four-pillar plan to address climate change. The plan includes investing in new technology, flying smart, building efficient infrastructure, and taking advantage of positive economic measures.
The European Union’s emissions trading scheme is the largest multi-national carbon trading scheme in the world. It monitors various sectors, with aviation emissions being the latest addition in November 2008.
The ETS has been in existence since 2005 after being passed by the European parliament.
The scheme initially focused on large industrial emitters.
The EU has an objective of cutting its emissions by 20 per cent by 2020. Airlines will either have to cut their own emissions, trade them in the European market, or invest in emission reduction projects internationally, depending on the most cost-efficient approach. Analysts say the shift into a carbon emission management plan will be a huge cost burden for airlines, which will be passed on to their customers.
Airlines will, for example, have to set up an administrative structure to oversee such schemes, according to the EU regulatory requirements, as well as amend contracts with commercial partners and leasers.
In addition, the emissions must be accounted for on the balance sheet.
“It is likely to have an impact on KQ, especially its operating profit, though we shall have to wait and see the total impact,” said Carol Musyoka, a financial analyst with Bungani Consulting.
She, however, notes that the airline has ways of mitigating the emissions, thus reducing exposure to increased costs. “With the Dreamliner on the way it could help the airline reduce its carbon footprint.”
For the 2008/2009 financial year, Europe contributed 13 per cent or Sh522 million of the Sh4 billion operating profit that Kenya Airways earned.
KQ could not state implications of the new development and whether passengers would see an increase in taxes.
In a November 2009 interview, Mr Naikuni told Business Daily that the scheme would have an impact on the airline, adding that it was looking at a number of strategies to reduce the impact. He said the industry should not move towards taxes, adding that there were other ways of addressing the issue.
A European Union report says every airline covered by the scheme will be treated equally. “Airlines can be expected to pass on, to a large extent or even in full, compliance costs to customers,” says the report by the European Federation for Transport and Environment.
This could see air fares to EU member states increase as operators move to comply with the carbon emissions scheme.
A study by Merrill Lynch, released in September 2008, says the potential cost to airlines in 2012, the first period of trading, could be Sh374 billion annually. This is estimated to reduce in 2015 to Sh321 billion. According to ACEND, a consultancy firm in the aviation industry, the ETS is a fuel tax that is set by market forces.
Higher prices
Every litre of jet fuel burnt leads to 2.5 kilogrammes of carbon emitted in the air. And, a 2009 PricewaterhouseCoopers report says customers will eventually have to pay higher prices for flight distance and weight transported especially once the purchase of credits begins in 2012.
Under the plan, airlines will be allocated carbon credits, which they will use to “pay” for their CO2 emissions on an annual basis.
The scheme allocated KQ a limit. In the event that carbon emissions generated exceed the limit, the airline will buy carbon credits from the market through investment in the UN Certified Cleaner Development Projects as stipulated in the Kyoto Protocol.
The carbon credits allow industrialised countries to invest in ventures that reduce emissions in developing countries to counter pollution in their own countries.
Almost 4,000 operators worldwide will have to comply with the EU regulations.
All major African carriers flying the EU route were allocated an administering member state, with France getting 10 of the 15 airlines. They include Air Mauritius, Royal Air Moroc, Tunisair, Nouvelair, Air Algerie, Air Seychelles, Afriqiyah of Libya, Air Madagascar, Jet4you and Atlas Blue (both from Morocco).
Main regulations
The UK was to administer Kenya Airways, South African Airlines, and Egypt Air, while Italy watches over Ethiopian Airlines, and Portugal has TACV of Cape Verde.
KQ handed over its emissions monitoring plan to the EU last November. With the approval, the airline will have to comply with two main regulations of the scheme that require monitoring tonne-kilometre data from aviation activities carried out in 2010 in accordance with a benchmarking plan and reporting schedule.
Regulation 11 requires KQ to prepare a report of tonne-kilometer data monitored which must be verified by an independent body and comply with the EU ETS directives.
The report is to be submitted to the UK Environment Agency by March 31, 2011 which will in turn submit it to the European Commission.
Social responsibility
Once the allowance is decided, 85 per cent will be given for free, while 15 per cent will be auctioned.
Kenya Airways has moved some of its corporate social responsibility activities to the scheme, including the Ngong Hills Ecosystem Restoration Programme which has seen the airline plant thousands of trees.
According to its 2009 financial report, the project began in 2007 with over 400,000 trees being planted along with other corporate partners.
The airline has so far contributed Sh16.5 million towards the project. In total Kenya Airways and partners such as Coca-Cola, Rolls Royce and KLM have invested Sh47 million in the project.
In addition, said Mr Naikuni, the airline is looking at various initiatives to reduce its carbon emissions. They include buying new ground handling equipment, recycling waste products, and using fuel saving operational techniques.
Fuel consumption
Reducing fuel consumption is however seen as the key in the industry’s move towards reduction of emissions.
The airline has reducing its fuel burn through various techniques including idle reverse on landing and single engine during taxing, continuous descent approach and optimal fuel take off among others.
The airline has ordered for the fuel efficient Boeing 787, Dreamliner, which has been touted as environmentally friendly, to help reduce its fuel bill as well as its emissions.
However, due to technical reasons KQ hopes to receive the first delivery in 2013. The aviation industry is also moving towards the use of biofuels, with Virgin Atlantic being the first airline to use the fuel in February 2008. British Airline flew with 20 per cent biofuel mix.
Since then other carriers such as Air New Zealand, Japan Airlines and the US-based Continental have done similar experimental flights.
The International Air Transport Association has set a 10 per cent target of airline fuel use from alternative sources by 2017 while the industry consortium, Sustainable Aviation Fuel Group, is pushing for planes to use at least 600 million gallons of biofuel by 2015.
Isramart : EU industry protests against carbon "benchmarks"
Isramart news:
BRUSSELS, Jan 22 (Reuters) - European Union proposals to curb carbon emissions will put EU manufacturers at a disadvantage to less-regulated overseas rivals and must be loosened, industry group BusinessEurope said.
But environmentalists said any such move would hand windfall profits to polluters in sectors such as steel, paper, cement and glass.
The EU aims to cut carbon dioxide emissions to 20 percent below 1990 levels over the next decade. Its main tool for doing that is its Emissions Trading System (ETS), which forces companies to buy permits for each tonne of carbon they emit.
Carbon output is capped, and year by year that level is ratcheted down.
BusinessEurope, which represents 20 million European companies, said the complex process of "benchmarking" under the ETS would cause EU manufacturers excessive pain.
The ETS is expected to force a 21 percent cut in emissions from the industries it covers, many of which have complained the costs will hurt their competitiveness and force them to relocate factories to less regulated regions overseas.
To prevent that happening, some sectors will be given free permits under a revised system from 2013.
But to avoid handing free permits to the biggest polluters, the EU has created a system known as "benchmarking", now the subject of heated debate among technical experts in Brussels with billions of euros at stake.
Benchmarks are set as the average emissions of the most efficient 10 percent of installations in any sector. Only the factories that exceed the benchmarks will receive all their allowances for free.
Less efficient factories will receive only some of their allowances for free, according to a sliding scale.
BusinessEurope, said its first analysis of the proposed benchmarks showed they were as much as 30 percent higher than the average performance of some sectors.
"This would translate into an overall reduction obligation far more stringent than the minus 21 percent... and thus expose large parts of the EU economy to unsustainable and unilateral carbon costs," the group said in a recent position paper.
"Excessively low allocations to sectors will take investment funds away from companies at the very time they are trying to make improvements," it added.
But environmentalists disagree.
"There is no conclusive proof that giving a company allowances for free does anything other than subsidise bottom line profits," said WWF campaigner Sanjeev Kumar.
"Industry has already made significant windfall profits from free allocation in the EU ETS," he added. "Industry must have stringent benchmarks to drive innovation and, at the very least, provide governments with additional income that can be used in the national interest."
BRUSSELS, Jan 22 (Reuters) - European Union proposals to curb carbon emissions will put EU manufacturers at a disadvantage to less-regulated overseas rivals and must be loosened, industry group BusinessEurope said.
But environmentalists said any such move would hand windfall profits to polluters in sectors such as steel, paper, cement and glass.
The EU aims to cut carbon dioxide emissions to 20 percent below 1990 levels over the next decade. Its main tool for doing that is its Emissions Trading System (ETS), which forces companies to buy permits for each tonne of carbon they emit.
Carbon output is capped, and year by year that level is ratcheted down.
BusinessEurope, which represents 20 million European companies, said the complex process of "benchmarking" under the ETS would cause EU manufacturers excessive pain.
The ETS is expected to force a 21 percent cut in emissions from the industries it covers, many of which have complained the costs will hurt their competitiveness and force them to relocate factories to less regulated regions overseas.
To prevent that happening, some sectors will be given free permits under a revised system from 2013.
But to avoid handing free permits to the biggest polluters, the EU has created a system known as "benchmarking", now the subject of heated debate among technical experts in Brussels with billions of euros at stake.
Benchmarks are set as the average emissions of the most efficient 10 percent of installations in any sector. Only the factories that exceed the benchmarks will receive all their allowances for free.
Less efficient factories will receive only some of their allowances for free, according to a sliding scale.
BusinessEurope, said its first analysis of the proposed benchmarks showed they were as much as 30 percent higher than the average performance of some sectors.
"This would translate into an overall reduction obligation far more stringent than the minus 21 percent... and thus expose large parts of the EU economy to unsustainable and unilateral carbon costs," the group said in a recent position paper.
"Excessively low allocations to sectors will take investment funds away from companies at the very time they are trying to make improvements," it added.
But environmentalists disagree.
"There is no conclusive proof that giving a company allowances for free does anything other than subsidise bottom line profits," said WWF campaigner Sanjeev Kumar.
"Industry has already made significant windfall profits from free allocation in the EU ETS," he added. "Industry must have stringent benchmarks to drive innovation and, at the very least, provide governments with additional income that can be used in the national interest."
Isramart : Carbon market exec still hopes for U.S. climate bill
Isramart news:
NEW YORK (Reuters) - U.S. federal climate legislation may still pass this year even though a Republican who opposes the bill won a seat in the Senate this week, a carbon markets executive said on Thursday.
"Our view is that it's not dead," Abyd Karmali, managing director and global head of carbon emissions at Bank of America-Merrill Lynch, told Reuters in an interview.
A climate bill passed the House last year, but the legislation has been bogged down in the Senate and its future is uncertain after Republican Scott Brown, who has opposed capping emissions, won the seat held by Ted Kennedy.
The prospect of Environmental Protection Agency regulation as well as a growing threat of nuisance torts may be enough to garner support for the bill among emitters, Karmali said.
The cap-and-trade bill, expected to create a trillion-dollar carbon trading market, would cap carbon emissions and allow pollution permits to be traded.
If the bill does not pass, the U.S. Environmental Protection Agency may begin regulating carbon emissions for the first time.
"Right now, companies have a stark choice in front of them. One path is a market-based approach through cap and trade, another is EPA regulation... In terms of trying to steer things toward a positive outcome, clearly, the Senate would be a more manageable forum," Karmali said.
In addition, a recent raft of climate-related tort suits which cite greenhouse gas emissions as a public nuisance may give some emitters additional incentive to support carbon control.
"Without any action taking place to reduce emissions, large emitters are more likely to face tort suits from environmental and civil groups and we've seen that already," Karmali said.
In September, for instance, a U.S. Appeals Court reinstated a lawsuit by eight states and the city of New York against five of the largest U.S. utilities over their carbon dioxide emissions.
Some emitting companies, including some major U.S. power companies, are already in favor of cap and trade legislation in the interest of having a more definite regulatory outlook.
"Companies are trying to make long-term investment decisions with assets that have 20-30 year time frames and the uncertainty can act as an impediment to investing or lending," according to Karmali.
However, the window for passing the bill this year may be limited.
"If it doesn't happen by May, it's not going to happen this year," Karmali said.
Delay in the world's top industrial emitter to regulate has could further delay a global warming agreement.
But if federal climate control legislation does not pass, individual states may continue to develop their own carbon trading frameworks.
Already, 10 states in the eastern United States regulate carbon dioxide in the Regional Greenhouse Gas Initiative, and a western U.S. and Canadian initiative led by California.
Although a state-by-state approach to carbon legislation is less desirable for development of a carbon-trading market than a federal one, states may eventually form networks of carbon markets.
"It's easy to envision a scenario where to try to make the patchwork quilt as manageable as possible, those efforts begin to link up so there would be a coordinating mechanism that's almost acting like a federal coordinating mechanism," Karmali said.
NEW YORK (Reuters) - U.S. federal climate legislation may still pass this year even though a Republican who opposes the bill won a seat in the Senate this week, a carbon markets executive said on Thursday.
"Our view is that it's not dead," Abyd Karmali, managing director and global head of carbon emissions at Bank of America-Merrill Lynch, told Reuters in an interview.
A climate bill passed the House last year, but the legislation has been bogged down in the Senate and its future is uncertain after Republican Scott Brown, who has opposed capping emissions, won the seat held by Ted Kennedy.
The prospect of Environmental Protection Agency regulation as well as a growing threat of nuisance torts may be enough to garner support for the bill among emitters, Karmali said.
The cap-and-trade bill, expected to create a trillion-dollar carbon trading market, would cap carbon emissions and allow pollution permits to be traded.
If the bill does not pass, the U.S. Environmental Protection Agency may begin regulating carbon emissions for the first time.
"Right now, companies have a stark choice in front of them. One path is a market-based approach through cap and trade, another is EPA regulation... In terms of trying to steer things toward a positive outcome, clearly, the Senate would be a more manageable forum," Karmali said.
In addition, a recent raft of climate-related tort suits which cite greenhouse gas emissions as a public nuisance may give some emitters additional incentive to support carbon control.
"Without any action taking place to reduce emissions, large emitters are more likely to face tort suits from environmental and civil groups and we've seen that already," Karmali said.
In September, for instance, a U.S. Appeals Court reinstated a lawsuit by eight states and the city of New York against five of the largest U.S. utilities over their carbon dioxide emissions.
Some emitting companies, including some major U.S. power companies, are already in favor of cap and trade legislation in the interest of having a more definite regulatory outlook.
"Companies are trying to make long-term investment decisions with assets that have 20-30 year time frames and the uncertainty can act as an impediment to investing or lending," according to Karmali.
However, the window for passing the bill this year may be limited.
"If it doesn't happen by May, it's not going to happen this year," Karmali said.
Delay in the world's top industrial emitter to regulate has could further delay a global warming agreement.
But if federal climate control legislation does not pass, individual states may continue to develop their own carbon trading frameworks.
Already, 10 states in the eastern United States regulate carbon dioxide in the Regional Greenhouse Gas Initiative, and a western U.S. and Canadian initiative led by California.
Although a state-by-state approach to carbon legislation is less desirable for development of a carbon-trading market than a federal one, states may eventually form networks of carbon markets.
"It's easy to envision a scenario where to try to make the patchwork quilt as manageable as possible, those efforts begin to link up so there would be a coordinating mechanism that's almost acting like a federal coordinating mechanism," Karmali said.
Isramart : EU carbon soften on weak energy, tumbling equities
Isramart news:
LONDON (Reuters) - European carbon emissions futures declined on Friday, extending the previous session's losses, as weak energy prices and tumbling equities offered little support.
The benchmark contract for EU Allowances fell 10 cents or 0.75 percent to 13.15 euros ($18.68) a tonne at 0809 GMT, after declining to an intra-day low of 13.05 euros in the first hour of trade.
"Everything is weaker -- power, oil and equities. Following the Obama announcement, there is neither fundamental nor political support," an emissions trader said.
Proposals by U.S. President Barack Obama to impose new restrictions on banks sent Asian stock markets and commodities tumbling on Friday.
Weak German power and British natural gas prices have also dulled carbon permit demand for utilities.
"I cannot rule out that EUAs won't fall further today," the trader said.
U.S. oil fell on Friday to one-month lows below $76 a barrel, while German Calendar 2011 baseload power on the EEX fell 0.97 percent to 49.15 euros per megawatt hour.
British natural gas for February delivery was at 34.40 pence per therm.
Added to that this week, hopes for stronger world action in 2010 to curb climate change have dimmed after the U.S. Democrats lost a key Senate seat to a Republican opposed to capping emissions, experts said on Wednesday.
U.N. climate talks in Mexico in November will be undermined if the United States has not set caps on carbon emissions.
U.N.-backed certified emissions reductions were slow to trade.
LONDON (Reuters) - European carbon emissions futures declined on Friday, extending the previous session's losses, as weak energy prices and tumbling equities offered little support.
The benchmark contract for EU Allowances fell 10 cents or 0.75 percent to 13.15 euros ($18.68) a tonne at 0809 GMT, after declining to an intra-day low of 13.05 euros in the first hour of trade.
"Everything is weaker -- power, oil and equities. Following the Obama announcement, there is neither fundamental nor political support," an emissions trader said.
Proposals by U.S. President Barack Obama to impose new restrictions on banks sent Asian stock markets and commodities tumbling on Friday.
Weak German power and British natural gas prices have also dulled carbon permit demand for utilities.
"I cannot rule out that EUAs won't fall further today," the trader said.
U.S. oil fell on Friday to one-month lows below $76 a barrel, while German Calendar 2011 baseload power on the EEX fell 0.97 percent to 49.15 euros per megawatt hour.
British natural gas for February delivery was at 34.40 pence per therm.
Added to that this week, hopes for stronger world action in 2010 to curb climate change have dimmed after the U.S. Democrats lost a key Senate seat to a Republican opposed to capping emissions, experts said on Wednesday.
U.N. climate talks in Mexico in November will be undermined if the United States has not set caps on carbon emissions.
U.N.-backed certified emissions reductions were slow to trade.
Isramart : Carbon Market in Czech Republic: Business Report 2009 Was Published by TD The Market Publishers, Ltd.
Isramart news:
The Market Publishers, Ltd. has recently presented the comprehensive research of Carbon Market in Czech Republic, which offers business report on Carbon Market and purchase activity monitoring within the sector. Besides, the research is elaborated with detailed Czech Republic business profile.
Carbon Market in Czech Republic: Business Report 2009. The distinguishing feature of this new product is the full and thorough study of the mentioned market featuring all the sides and aspects.
Firstly the report comprises brief country profile including both general information about Czech Republic as well as current economic review. Further, the report analyses Carbon Market in the country by identifying key market players, (including major producers, traders, etc), and evaluating foreign economic relations within this business segment in the recent three years. The last chapter pays attention to the carbon consumers in Czech Republic, listing the major ones. The report also provides the results of purchase activity monitoring related to these products, which is achieved due to keeping track of various tenders databases, websites and marketplaces.
In addition to the business report, daily purchase activity monitoring service for Carbon Market is available. The new service provides all possible buying leads and purchase offers in selected product groups and regions and therefore economize your time and money. The service is provided on regular basis and is sent 2-3 times a week.
Czech Republic Business Profile 2009 adds the finishing touch to an overview of Carbon Market in Czech Republic. The report is fully devoted to the in-depth researching of current business environment of Czech Republic. It notes analysis of macroeconomic situation and investment climate in Czech Republic, covers common business procedures in the country: from starting a project to closing a business, elucidates the country’s fiscal system, existing labour practices and other issues vital for running business in this country.
The aim of this study is to provide a tool which will assist strategy group and the management team specialists in making correct decisions as how to penetrate the Czech Republic market and how to catch the maximum commercial opportunities in dealing with business partners in this country.
Carbon Market in Czech Republic: Business Report 2009 integrates profound overview of the following components:
1. CZECH REPUBLIC: COUNTRY PROFILE
2. CARBON MARKET IN CZECH REPUBLIC
2.1. Overview of Carbon Market
2.2. Producers of carbon in Czech Republic, including contact details and product range
3. CZECH REPUBLIC FOREIGH TRADE IN CARBON: VOLUME,STRUCTURE, DYNAMICS
4. MAJOR WHOLESALERS AND TRADING COMPANIES IN CZECH REPUBLIC
5. CONSUMERS OF CARBON ON CZECH MARKET
For more information on Carbon Market in Czech Republic: Business Report 2009 please visit:
Carbon Market in Czech Republic: Business Report 2009
The Market Publishers, Ltd. has recently presented the comprehensive research of Carbon Market in Czech Republic, which offers business report on Carbon Market and purchase activity monitoring within the sector. Besides, the research is elaborated with detailed Czech Republic business profile.
Carbon Market in Czech Republic: Business Report 2009. The distinguishing feature of this new product is the full and thorough study of the mentioned market featuring all the sides and aspects.
Firstly the report comprises brief country profile including both general information about Czech Republic as well as current economic review. Further, the report analyses Carbon Market in the country by identifying key market players, (including major producers, traders, etc), and evaluating foreign economic relations within this business segment in the recent three years. The last chapter pays attention to the carbon consumers in Czech Republic, listing the major ones. The report also provides the results of purchase activity monitoring related to these products, which is achieved due to keeping track of various tenders databases, websites and marketplaces.
In addition to the business report, daily purchase activity monitoring service for Carbon Market is available. The new service provides all possible buying leads and purchase offers in selected product groups and regions and therefore economize your time and money. The service is provided on regular basis and is sent 2-3 times a week.
Czech Republic Business Profile 2009 adds the finishing touch to an overview of Carbon Market in Czech Republic. The report is fully devoted to the in-depth researching of current business environment of Czech Republic. It notes analysis of macroeconomic situation and investment climate in Czech Republic, covers common business procedures in the country: from starting a project to closing a business, elucidates the country’s fiscal system, existing labour practices and other issues vital for running business in this country.
The aim of this study is to provide a tool which will assist strategy group and the management team specialists in making correct decisions as how to penetrate the Czech Republic market and how to catch the maximum commercial opportunities in dealing with business partners in this country.
Carbon Market in Czech Republic: Business Report 2009 integrates profound overview of the following components:
1. CZECH REPUBLIC: COUNTRY PROFILE
2. CARBON MARKET IN CZECH REPUBLIC
2.1. Overview of Carbon Market
2.2. Producers of carbon in Czech Republic, including contact details and product range
3. CZECH REPUBLIC FOREIGH TRADE IN CARBON: VOLUME,STRUCTURE, DYNAMICS
4. MAJOR WHOLESALERS AND TRADING COMPANIES IN CZECH REPUBLIC
5. CONSUMERS OF CARBON ON CZECH MARKET
For more information on Carbon Market in Czech Republic: Business Report 2009 please visit:
Carbon Market in Czech Republic: Business Report 2009
Isramart : The two stages to a low-carbon future
Isramart news:
The transition to a low-carbon future is inevitable and will involve two stages.
The first is one of continued fossil dependence and the second is a revolution in energy technologies and the way we manage energy usage.
The second is already happening, as no country that is strategically minded and cares about its economic and energy security will want to squander this defining moment through procrastination.
Both tendencies will be led by strong growth economies with versatile States and innovative scientific/technology institutions.
The stages will not straddle each other but the new will have to evolve out of the old on a parallel track.
Current trends in resource allocations for the development of the second are already speeding up this march to a new energy model.
Social pressure, too, will come to bear on the old as climate impacts and simply the externality costs of fossil-based fuels no longer become a tolerable social cost.
This pressure for a shift will increase from the bottom up and, in some countries, a point of no return has already been reached.
The first stage is already marked by an intensification of exploration and usage of fossil fuels before the natural limits of availability and recoverable resources impose themselves on the whole system.
It is also anybody's guess how long the use of fossil-based fuels will last, given the fact that technology continuously improves – so does the knowledge of new finds. Peak dates keep on shifting.
It is best to suggest that the predicted peaks are likely to be extended and not for too long, as every fossil source has natural, financial and technological limits.
Fossil fuels are often spread in geographic regions in which there is a great deal of political instability, so, despite resource availability, scarcities can occur as a result of supply insecurity or delays in investment because of financial risks.
This irony is also dawning on China. The country is said to have vast coal reserves, but a significant amount of these is in the Tibet autonomous region and a quarter of its oil and gas reserves are located in the Muslim-dominated Xinjiang province. Both regions are seeking independence from China.
As the scramble intensifies, cross-border or transnational transfers of energy become increasingly prone to security risk or political ransom, imposing significant transaction cost – often a hidden subsidy – in securing these resources beyond market prices.
Fossil intensification is also premised on the idea that the world has significant sunk costs in existing infrastructure and technology reliance on the old that these economic costs cannot be delinked automatically.
More and more investments are being made in oil/gas pipelines, refineries and other infrastructure in far more significant numbers than the new energy revolution.
Perhaps far more profoundly, the immediate leap to the second cannot be made with such certainty, given the global scale of future energy demand – which is expected to double – where all this demand cannot be met at once through new low-carbon energy technologies.
A certain precaution encumbers total confidence that the new will bring about the ultimate shift. There are also different competing low-carbon technologies and not all of them offer sure universal utility in terms of solutions and cost expectations.
There has to be, in some instances, more research and development, and investments have to escalate significantly to be able to completely displace the existing fossil-based system.
In an uncertain technology future, the natural tendency of energy strategists is to game the future – to rely on what you know and have and then build the unknown as fast as you can. We already see these strategies being implemented by no worse carbon emitters than the US and China.
A carbon-constrained world will, no doubt, impose limitations in the interim or in the near future, but it also offers immense new opportunities.
This two-stage approach is something that still needs to be part of the framing of South Africa's future energy security. The first seems quite evident as we deepen our exposure to carbon-based solutions; the second exists in a half-hearted way.
The two-stage model helps frame a pragmatic approach from one to the other.
The transition to a low-carbon future is inevitable and will involve two stages.
The first is one of continued fossil dependence and the second is a revolution in energy technologies and the way we manage energy usage.
The second is already happening, as no country that is strategically minded and cares about its economic and energy security will want to squander this defining moment through procrastination.
Both tendencies will be led by strong growth economies with versatile States and innovative scientific/technology institutions.
The stages will not straddle each other but the new will have to evolve out of the old on a parallel track.
Current trends in resource allocations for the development of the second are already speeding up this march to a new energy model.
Social pressure, too, will come to bear on the old as climate impacts and simply the externality costs of fossil-based fuels no longer become a tolerable social cost.
This pressure for a shift will increase from the bottom up and, in some countries, a point of no return has already been reached.
The first stage is already marked by an intensification of exploration and usage of fossil fuels before the natural limits of availability and recoverable resources impose themselves on the whole system.
It is also anybody's guess how long the use of fossil-based fuels will last, given the fact that technology continuously improves – so does the knowledge of new finds. Peak dates keep on shifting.
It is best to suggest that the predicted peaks are likely to be extended and not for too long, as every fossil source has natural, financial and technological limits.
Fossil fuels are often spread in geographic regions in which there is a great deal of political instability, so, despite resource availability, scarcities can occur as a result of supply insecurity or delays in investment because of financial risks.
This irony is also dawning on China. The country is said to have vast coal reserves, but a significant amount of these is in the Tibet autonomous region and a quarter of its oil and gas reserves are located in the Muslim-dominated Xinjiang province. Both regions are seeking independence from China.
As the scramble intensifies, cross-border or transnational transfers of energy become increasingly prone to security risk or political ransom, imposing significant transaction cost – often a hidden subsidy – in securing these resources beyond market prices.
Fossil intensification is also premised on the idea that the world has significant sunk costs in existing infrastructure and technology reliance on the old that these economic costs cannot be delinked automatically.
More and more investments are being made in oil/gas pipelines, refineries and other infrastructure in far more significant numbers than the new energy revolution.
Perhaps far more profoundly, the immediate leap to the second cannot be made with such certainty, given the global scale of future energy demand – which is expected to double – where all this demand cannot be met at once through new low-carbon energy technologies.
A certain precaution encumbers total confidence that the new will bring about the ultimate shift. There are also different competing low-carbon technologies and not all of them offer sure universal utility in terms of solutions and cost expectations.
There has to be, in some instances, more research and development, and investments have to escalate significantly to be able to completely displace the existing fossil-based system.
In an uncertain technology future, the natural tendency of energy strategists is to game the future – to rely on what you know and have and then build the unknown as fast as you can. We already see these strategies being implemented by no worse carbon emitters than the US and China.
A carbon-constrained world will, no doubt, impose limitations in the interim or in the near future, but it also offers immense new opportunities.
This two-stage approach is something that still needs to be part of the framing of South Africa's future energy security. The first seems quite evident as we deepen our exposure to carbon-based solutions; the second exists in a half-hearted way.
The two-stage model helps frame a pragmatic approach from one to the other.
Isramart : Cap-and-trade policy discussed at Carbon Markets conference
Isramart news:
About 150 people met in Coral Gables for a conference about the financial impact of cap-and-trade policy and the Copenhagen climate talks.
Investors, energy company executives and environmental consultants gathered in Coral Gables on Thursday for the third annual Carbon Markets North America conference, focusing on the effects of the proposed federal cap-and-trade policy on the business world.
A U.S. cap-and-trade system, projected to come before Congress in the near future, would cap carbon emissions and create a marketplace between companies for trading emissions credits. The coming legislation is expected to have major financial implications for a wide swath of industries, many of which were represented at the conference.
In addition to cap-and-trade, attendees discussed the implications of last December's climate talks in Copenhagen, Denmark, where the United States and several developing nations pledged to fight global warming and reduce carbon emissions.
Speakers included Ken Newcombe, the CEO of carbon finance firm C-Quest Capital; the Lord Mayor of London Alderman Nick Anstee; and executives from MGM International, a Miami firm specializing in reducing greenhouse gas emissions.
MGM CEO Margo Monroy gave a presentation on Florida's carbon policy and company CFO John Mackle will speak on the international implications of the anticipated cap-and-trade policy in the United States on Friday.
``The U.S. is going to have a cap-and-trade system hopefully some point in the future,'' Mackle said. ``We're talking about the reasons [the European] system has worked well, and why the U.S. should build its system with an allowance for international offsets.''
Adam Raphaely, an environmental commodities broker for New York-based TFS Energy, said the conference helped him better understand the complex politics involved in climate legislation. ``I think in the political environment that we're in, it's difficult to get a sense of where the markets are going,'' he said. ``But I think people are generally optimistic.''
About 150 people met in Coral Gables for a conference about the financial impact of cap-and-trade policy and the Copenhagen climate talks.
Investors, energy company executives and environmental consultants gathered in Coral Gables on Thursday for the third annual Carbon Markets North America conference, focusing on the effects of the proposed federal cap-and-trade policy on the business world.
A U.S. cap-and-trade system, projected to come before Congress in the near future, would cap carbon emissions and create a marketplace between companies for trading emissions credits. The coming legislation is expected to have major financial implications for a wide swath of industries, many of which were represented at the conference.
In addition to cap-and-trade, attendees discussed the implications of last December's climate talks in Copenhagen, Denmark, where the United States and several developing nations pledged to fight global warming and reduce carbon emissions.
Speakers included Ken Newcombe, the CEO of carbon finance firm C-Quest Capital; the Lord Mayor of London Alderman Nick Anstee; and executives from MGM International, a Miami firm specializing in reducing greenhouse gas emissions.
MGM CEO Margo Monroy gave a presentation on Florida's carbon policy and company CFO John Mackle will speak on the international implications of the anticipated cap-and-trade policy in the United States on Friday.
``The U.S. is going to have a cap-and-trade system hopefully some point in the future,'' Mackle said. ``We're talking about the reasons [the European] system has worked well, and why the U.S. should build its system with an allowance for international offsets.''
Adam Raphaely, an environmental commodities broker for New York-based TFS Energy, said the conference helped him better understand the complex politics involved in climate legislation. ``I think in the political environment that we're in, it's difficult to get a sense of where the markets are going,'' he said. ``But I think people are generally optimistic.''
Isramart : 68 trees to offset ATF’s carbon footprint
Isramart news:
THE effects of global warming has taken its toll on Mother Nature and many have called for the citizens of the world for help in conserving what can be protected.
In line with this year’s Asean Tourism Forum -Heart of Green, 10 Destinations One Conservation Vision – the Ministry of Industry and Primary Resources through the Forestry Department will continue to answer this call.
Approximately 68 Ru or Ru Laut tress will be planted on the morning of January 25 at the Berakas
Forest Reserve. The ceremony will see the participation of the Minister of Industry and Primary Resources working side-by-side with 16 foreign ministers and national tourism officials, who will be in the country for the Asean Tourism Forum (ATF) 2010.
Selected schools in the country will also be sending their students to the tree-planting event to represent the 1,500 delegates arriving in Brunei for the ATF. This gesture is envisioned to offset the carbon footprint the delegates will leave behind as they arrive in Brunei. This further highlights the ministry’s efforts in helping protect Brunei’s green environment.
In proving that the government of His Majesty the Sultan and Yang Di-Pertuan of Brunei Darussalam is serious about the protection of its flora and fauna, the Kuala Belalong Field Studies Centre based in Temburong was established and is the focus of an international research into the threatened rainforests of Borneo.
Just recently, Brunei Darussalam played host to ASEM participants who were in the country to further develop their understanding of the rainforests that can be found in this region including Brunei’s “Green Jewel”.
THE effects of global warming has taken its toll on Mother Nature and many have called for the citizens of the world for help in conserving what can be protected.
In line with this year’s Asean Tourism Forum -Heart of Green, 10 Destinations One Conservation Vision – the Ministry of Industry and Primary Resources through the Forestry Department will continue to answer this call.
Approximately 68 Ru or Ru Laut tress will be planted on the morning of January 25 at the Berakas
Forest Reserve. The ceremony will see the participation of the Minister of Industry and Primary Resources working side-by-side with 16 foreign ministers and national tourism officials, who will be in the country for the Asean Tourism Forum (ATF) 2010.
Selected schools in the country will also be sending their students to the tree-planting event to represent the 1,500 delegates arriving in Brunei for the ATF. This gesture is envisioned to offset the carbon footprint the delegates will leave behind as they arrive in Brunei. This further highlights the ministry’s efforts in helping protect Brunei’s green environment.
In proving that the government of His Majesty the Sultan and Yang Di-Pertuan of Brunei Darussalam is serious about the protection of its flora and fauna, the Kuala Belalong Field Studies Centre based in Temburong was established and is the focus of an international research into the threatened rainforests of Borneo.
Just recently, Brunei Darussalam played host to ASEM participants who were in the country to further develop their understanding of the rainforests that can be found in this region including Brunei’s “Green Jewel”.
Isramart : Carbon Management Market Expected to Soar in Coming Years
Isramart news:
As GHG emissions are enacted around the world, Pike Research estimates the need for carbon management services and software to boom.
As the issue of global warming resonates around the world and industry focusing ever more intently on energy efficiency and reducing costs, the carbon management market stands to see explosive growth. A recent report from Pike Research indicates that the worldwide market for carbon management and services will increase from $384 million in 2009 to $4.3 billion by 2017.
Though carbon management today is still relatively small, the study estimates it to expand with a compound annual growth rate of 40.2%, while between 2009 and 2010, it will grow by as much as 73% globally.
There are a multitude of factors that contribute to this growth rate. Perhaps the most significant is the increasingly tough regulatory environment for greenhouse gas emissions. While North America has been slower than those in Western Europe or Asia Pacific to implement changes in policy, the U.S. in January instituted a national registry which requires large emitters of heat-trapping gases to collect their greenhouse gas data.
Western Europe is currently the largest regional market for carbon management software and services, but Pike Research forecasts that North America will become the new leader by 2013. Over the coming years, these two regions together will represent approximately 80% of the global carbon management industry.
As GHG emissions are enacted around the world, Pike Research estimates the need for carbon management services and software to boom.
As the issue of global warming resonates around the world and industry focusing ever more intently on energy efficiency and reducing costs, the carbon management market stands to see explosive growth. A recent report from Pike Research indicates that the worldwide market for carbon management and services will increase from $384 million in 2009 to $4.3 billion by 2017.
Though carbon management today is still relatively small, the study estimates it to expand with a compound annual growth rate of 40.2%, while between 2009 and 2010, it will grow by as much as 73% globally.
There are a multitude of factors that contribute to this growth rate. Perhaps the most significant is the increasingly tough regulatory environment for greenhouse gas emissions. While North America has been slower than those in Western Europe or Asia Pacific to implement changes in policy, the U.S. in January instituted a national registry which requires large emitters of heat-trapping gases to collect their greenhouse gas data.
Western Europe is currently the largest regional market for carbon management software and services, but Pike Research forecasts that North America will become the new leader by 2013. Over the coming years, these two regions together will represent approximately 80% of the global carbon management industry.
Isramart : INTERVIEW-Carbon market exec still hopes for US climate bill
Isramart news:
* Climate bill may pass despite Mass. Republican victory
* Threat of EPA regulation, torts may prop up bill
* States may form own climate controls
By Rebekah Kebede
NEW YORK, Jan 21 (Reuters) - U.S. federal climate legislation may still pass this year even though a Republican who opposes the bill won a seat in the Senate this week, a carbon markets executive said on Thursday.
"Our view is that it's not dead," Abyd Karmali, managing director and global head of carbon emissions at Bank of America-Merrill Lynch, told Reuters in an interview.
A climate bill passed the House last year, but the legislation has been bogged down in the Senate and its future is uncertain after Republican Scott Brown, who has opposed capping emissions, won the seat held by Ted Kennedy.
The prospect of Environmental Protection Agency regulation as well as a growing threat of nuisance torts may be enough to garner support for the bill among emitters, Karmali said.
The cap-and-trade bill, expected to create a trillion-dollar carbon trading market, would cap carbon emissions and allow pollution permits to be traded.
If the bill does not pass, the U.S. Environmental Protection Agency may begin regulating carbon emissions for the first time.
"Right now, companies have a stark choice in front of them. One path is a market-based approach through cap and trade, another is EPA regulation... In terms of trying to steer things toward a positive outcome, clearly, the Senate would be a more manageable forum," Karmali said.
In addition, a recent raft of climate-related tort suits which cite greenhouse gas emissions as a public nuisance may give some emitters additional incentive to support carbon control.
"Without any action taking place to reduce emissions, large emitters are more likely to face tort suits from environmental and civil groups and we've seen that already," Karmali said.
In September, for instance, a U.S. Appeals Court reinstated a lawsuit by eight states and the city of New York against five of the largest U.S. utilities over their carbon dioxide emissions.
Some emitting companies, including some major U.S. power companies, are already in favor of cap and trade legislation in the interest of having a more definite regulatory outlook.
"Companies are trying to make long-term investment decisions with assets that have 20-30 year time frames and the uncertainty can act as an impediment to investing or lending," according to Karmali.
However, the window for passing the bill this year may be limited.
"If it doesn't happen by May, it's not going to happen this year," Karmali said.
Delay in the world's top industrial emitter to regulate has could further delay a global warming agreement.
But if federal climate control legislation does not pass, individual states may continue to develop their own carbon trading frameworks.
Already, 10 states in the eastern United States regulate carbon dioxide in the Regional Greenhouse Gas Initiative, and a western U.S. and Canadian initiative led by California.
Although a state-by-state approach to carbon legislation is less desirable for development of a carbon-trading market than a federal one, states may eventually form networks of carbon markets.
"It's easy to envision a scenario where to try to make the patchwork quilt as manageable as possible, those efforts begin to link up so there would be a coordinating mechanism that's almost acting like a federal coordinating mechanism," Karmali said.
* Climate bill may pass despite Mass. Republican victory
* Threat of EPA regulation, torts may prop up bill
* States may form own climate controls
By Rebekah Kebede
NEW YORK, Jan 21 (Reuters) - U.S. federal climate legislation may still pass this year even though a Republican who opposes the bill won a seat in the Senate this week, a carbon markets executive said on Thursday.
"Our view is that it's not dead," Abyd Karmali, managing director and global head of carbon emissions at Bank of America-Merrill Lynch, told Reuters in an interview.
A climate bill passed the House last year, but the legislation has been bogged down in the Senate and its future is uncertain after Republican Scott Brown, who has opposed capping emissions, won the seat held by Ted Kennedy.
The prospect of Environmental Protection Agency regulation as well as a growing threat of nuisance torts may be enough to garner support for the bill among emitters, Karmali said.
The cap-and-trade bill, expected to create a trillion-dollar carbon trading market, would cap carbon emissions and allow pollution permits to be traded.
If the bill does not pass, the U.S. Environmental Protection Agency may begin regulating carbon emissions for the first time.
"Right now, companies have a stark choice in front of them. One path is a market-based approach through cap and trade, another is EPA regulation... In terms of trying to steer things toward a positive outcome, clearly, the Senate would be a more manageable forum," Karmali said.
In addition, a recent raft of climate-related tort suits which cite greenhouse gas emissions as a public nuisance may give some emitters additional incentive to support carbon control.
"Without any action taking place to reduce emissions, large emitters are more likely to face tort suits from environmental and civil groups and we've seen that already," Karmali said.
In September, for instance, a U.S. Appeals Court reinstated a lawsuit by eight states and the city of New York against five of the largest U.S. utilities over their carbon dioxide emissions.
Some emitting companies, including some major U.S. power companies, are already in favor of cap and trade legislation in the interest of having a more definite regulatory outlook.
"Companies are trying to make long-term investment decisions with assets that have 20-30 year time frames and the uncertainty can act as an impediment to investing or lending," according to Karmali.
However, the window for passing the bill this year may be limited.
"If it doesn't happen by May, it's not going to happen this year," Karmali said.
Delay in the world's top industrial emitter to regulate has could further delay a global warming agreement.
But if federal climate control legislation does not pass, individual states may continue to develop their own carbon trading frameworks.
Already, 10 states in the eastern United States regulate carbon dioxide in the Regional Greenhouse Gas Initiative, and a western U.S. and Canadian initiative led by California.
Although a state-by-state approach to carbon legislation is less desirable for development of a carbon-trading market than a federal one, states may eventually form networks of carbon markets.
"It's easy to envision a scenario where to try to make the patchwork quilt as manageable as possible, those efforts begin to link up so there would be a coordinating mechanism that's almost acting like a federal coordinating mechanism," Karmali said.
Tuesday, January 26, 2010
Isramart : Lebanon requests to import electricity from Turkey
Isramart news:
Lebanon has requested to import electric energy from Turkey, the Anatolia news agency reported yesterday.
According to the report, Lebanon has requested to import 250 megawatts of electricity from the Turkish Electricity Trading and Contracting Company (TETAŞ), which means more than 1 billion kilowatt hours (kWh) per year. Even though Turkey does not have a direct electricity transmission line to Lebanon, it is possible to transmit the electricity via the Turkey-Syria electricity line, which has a capacity of 500 megawatts.
Currently only 250 megawatts of electricity is exported from Turkey to Syria through this line.
Turkey provides electricity to the Autonomous Republic of Adjara in Georgia, Iraq, Nakhchivan, Greece and Syria. According to TETAŞ data, a total of 5.16 billion kWh of electric energy was transmitted from Turkey to Nakhchivan between 1991 and the end of November 2009. Syria, importing electricity from Turkey since 2007, by the end of 2009 bought a total of 1.52 billion kWh of electricity from Turkey. The privately owned Black Sea Wholesale Electricity Trading Company (KARTET) has exported electric energy to Iraq since 2003.
Lebanon has requested to import electric energy from Turkey, the Anatolia news agency reported yesterday.
According to the report, Lebanon has requested to import 250 megawatts of electricity from the Turkish Electricity Trading and Contracting Company (TETAŞ), which means more than 1 billion kilowatt hours (kWh) per year. Even though Turkey does not have a direct electricity transmission line to Lebanon, it is possible to transmit the electricity via the Turkey-Syria electricity line, which has a capacity of 500 megawatts.
Currently only 250 megawatts of electricity is exported from Turkey to Syria through this line.
Turkey provides electricity to the Autonomous Republic of Adjara in Georgia, Iraq, Nakhchivan, Greece and Syria. According to TETAŞ data, a total of 5.16 billion kWh of electric energy was transmitted from Turkey to Nakhchivan between 1991 and the end of November 2009. Syria, importing electricity from Turkey since 2007, by the end of 2009 bought a total of 1.52 billion kWh of electricity from Turkey. The privately owned Black Sea Wholesale Electricity Trading Company (KARTET) has exported electric energy to Iraq since 2003.
Isramart : Revolution in Russia?
Isramart news:
The Russian Ministry of Energy is focusing on developing and adopting additional renewable energy regulations in order to accelerate the further development of the renewable energy sector.
“It is true that we are the world’s leading nation in terms of energy resources. This does not mean, however, that we should consume these resources irresponsibly.” said President Dmitry Medvedev.barrel.gif
Additional regulations are to respond to current market requirements. New legislation is going to boost private investment in the clean energy sector. The government has to lead the way by investing in major, prestigious projects and by creating the right business environment, then the private industry will follow suit. It’s about reliable, long-term political and financial commitments to the development of the sector. There are ambitious goals and targets on one hand, but on the other, finalized projects are rather few. Also, government support for clean energy is currently still limited.
Anatoly Kopylov, Vice President of the Russian Wind Industry Association and a leading expert on policy issues, remarked that a series of regulations are required to be developed.Wind Energy
In the midst of this situation Russia now has signed a new law concerning energy efficiency. The law, signed by President Dmitry Medvedev, regulates the saving of energy. It imposes restrictions on the use of incandescent light bulbs which waste more energy on producing heat than light.
The core of the law is calling for goods to be marked in a way that shows a product’s efficiency and a commercial recording of resources. It will also introduce higher efficiency standards for new buildings and electric installations. As Russia today spends about 3, 5 times more energy than the average in Europe, such measures have a huge impact on the global emission of GHG. It’s an accepted fact that fossil energy is wasted in atrociously inefficient ways when it comes to heating and public utilities.
The new law will also prompt
* Energy intensive industries to implement energy studies
* To approve energy efficiency programs and projects
* To introduce energy dependent contracts
* To make a transition to new long-term tariff regulations
* To create a single inter-agency information and analytical energy efficiency systemsmall_recycle.gif
Another aspect is the reduction of budget spending for energy resources and for maintenance of residential buildings. President Medvedev called the overall housing infrastructure a “black hole” sucking in huge amounts of resources.
The Russians are starting to think about tomorrow, and the day after tomorrow- they are getting ready for a revolutionary development in energy generation. We all must get ready for this global revolution!
The Russian Ministry of Energy is focusing on developing and adopting additional renewable energy regulations in order to accelerate the further development of the renewable energy sector.
“It is true that we are the world’s leading nation in terms of energy resources. This does not mean, however, that we should consume these resources irresponsibly.” said President Dmitry Medvedev.barrel.gif
Additional regulations are to respond to current market requirements. New legislation is going to boost private investment in the clean energy sector. The government has to lead the way by investing in major, prestigious projects and by creating the right business environment, then the private industry will follow suit. It’s about reliable, long-term political and financial commitments to the development of the sector. There are ambitious goals and targets on one hand, but on the other, finalized projects are rather few. Also, government support for clean energy is currently still limited.
Anatoly Kopylov, Vice President of the Russian Wind Industry Association and a leading expert on policy issues, remarked that a series of regulations are required to be developed.Wind Energy
In the midst of this situation Russia now has signed a new law concerning energy efficiency. The law, signed by President Dmitry Medvedev, regulates the saving of energy. It imposes restrictions on the use of incandescent light bulbs which waste more energy on producing heat than light.
The core of the law is calling for goods to be marked in a way that shows a product’s efficiency and a commercial recording of resources. It will also introduce higher efficiency standards for new buildings and electric installations. As Russia today spends about 3, 5 times more energy than the average in Europe, such measures have a huge impact on the global emission of GHG. It’s an accepted fact that fossil energy is wasted in atrociously inefficient ways when it comes to heating and public utilities.
The new law will also prompt
* Energy intensive industries to implement energy studies
* To approve energy efficiency programs and projects
* To introduce energy dependent contracts
* To make a transition to new long-term tariff regulations
* To create a single inter-agency information and analytical energy efficiency systemsmall_recycle.gif
Another aspect is the reduction of budget spending for energy resources and for maintenance of residential buildings. President Medvedev called the overall housing infrastructure a “black hole” sucking in huge amounts of resources.
The Russians are starting to think about tomorrow, and the day after tomorrow- they are getting ready for a revolutionary development in energy generation. We all must get ready for this global revolution!
Isramart : EU to stick to current emissions cut offer
Isramart news:
The European Union will stick to its current offer in U.N. talks to cut carbon emissions to one fifth below 1990 levels over the next decade, but will raise that if others follow suit, a draft EU letter showed.
"The EU and its member states are committed to an independent quantified economy-wide emissions reduction target of 20 percent by 2020, compared to 1990 levels," said the letter, seen by Reuters, to top U.N. climate official Yvo de Boer.
"The EU reiterates its conditional offer to move to a 30 percent reduction by 2020 compared to 1990 levels, provided that other developed countries commit themselves to comparable emission reductions and that developing countries contribute adequately," it adds.
The letter is expected to be sent next week if approved by all 27 EU states.
The European Union will stick to its current offer in U.N. talks to cut carbon emissions to one fifth below 1990 levels over the next decade, but will raise that if others follow suit, a draft EU letter showed.
"The EU and its member states are committed to an independent quantified economy-wide emissions reduction target of 20 percent by 2020, compared to 1990 levels," said the letter, seen by Reuters, to top U.N. climate official Yvo de Boer.
"The EU reiterates its conditional offer to move to a 30 percent reduction by 2020 compared to 1990 levels, provided that other developed countries commit themselves to comparable emission reductions and that developing countries contribute adequately," it adds.
The letter is expected to be sent next week if approved by all 27 EU states.
Isramart : South Korea to make large investments in smart grids
Isramart news:
South Korea is aiming for spending of USD24 billion (27.5 trillion won) over the next two decades on smart grids to make electricity distribution more efficient, cut greenhouse gas emissions and save USD26 billion in energy imports, writes Reuters.
South Korea, the OECD's fastest-growing carbon polluter and the world's fifth-largest oil importer, is betting on smart grids to manage electricity use more efficiently, and aims to create a nationwide smart grid by 2030 for an electricity market worth 68 trillion won (USD59 billion), the energy ministry said in a statement on Monday.
It has already picked eight consortiums for a test-bed of the project, which will save consumers money on their utility bills, reduce blackouts and carry solar and wind energy power supplies.
The government is set to spend 2.7 trillion won on the project while the private sector is seen investing an estimated 24.8 trillion won by 2030, the energy ministry said.
The project is seen enabling the country to cut greenhouse gas emissions by 150 million metric tons by 2030 and reduce oil imports by 344 million barrels worth 30 trillion won, the statement said.
In a smart grid, computers and sensors installed at power plants, substations and along power lines signal control centers that would better manage the flow of electricity.
South Korea is aiming for spending of USD24 billion (27.5 trillion won) over the next two decades on smart grids to make electricity distribution more efficient, cut greenhouse gas emissions and save USD26 billion in energy imports, writes Reuters.
South Korea, the OECD's fastest-growing carbon polluter and the world's fifth-largest oil importer, is betting on smart grids to manage electricity use more efficiently, and aims to create a nationwide smart grid by 2030 for an electricity market worth 68 trillion won (USD59 billion), the energy ministry said in a statement on Monday.
It has already picked eight consortiums for a test-bed of the project, which will save consumers money on their utility bills, reduce blackouts and carry solar and wind energy power supplies.
The government is set to spend 2.7 trillion won on the project while the private sector is seen investing an estimated 24.8 trillion won by 2030, the energy ministry said.
The project is seen enabling the country to cut greenhouse gas emissions by 150 million metric tons by 2030 and reduce oil imports by 344 million barrels worth 30 trillion won, the statement said.
In a smart grid, computers and sensors installed at power plants, substations and along power lines signal control centers that would better manage the flow of electricity.
Isramart : Noi proiecte la Ministerul Economiei
Isramart news:
Ministerul Economiei va primi din nou, de la 4 ianuarie, proiecte de investiţii în producţia de energie din surse regenerabile, sumele alocate, atât din fonduri UE, cât şi de la bugetul de stat, fiind de 100 milioane de euro, a declarat, vineri, un reprezentant al instituţiei.
“În ianuarie 2010 vom redeschise acest proces, cu un buget alocat de 100 milioane de euro. Nu se finanţează echipamentele second-hand”, a declarat Cristian Georgescu, director în Ministerul Economiei, într-o conferinţă de presă.
Companiile interesate vor avea la dispoziţie patru luni pentru a depune cererile de cofinanţare.
Potrivit lui Georgescu, nivelul maxim de cofinţare poate acoperi 70% din valoarea unui proiect.
Fondurile structurale şi de la bugetul de stat destinate finanţării investiţiilor în producţia de energie din surse regenerabile se ridică la 263 milioane de euro, disponibile în perioada 2007-2013.
Ministerul Economiei a încheiat, în luna noiembrie, cu Hidroconstrucţia, Romelectro, Unicom 3N 2000, Romconstruct, Balkan Hydroenergy şi Primăria Beiuş, contracte de investiţii în unităţi de producere a electricităţii şi căldurii în valoare totală de 269 milioane de lei, din care 114 milioane de lei sunt fonduri nerambursabile.
Contractele parte dintr-un total de 14 cereri de finanţare aprobate în cadrul Programului operaţional sectorial “Creşterea competitivităţii economice”, iar proiectele vizează construcţia unor unităţi de producţie a energiei cu o putere de 31,55 MW pe partea de electricitate şi 30,55 MW putere termică.
Ministerul Economiei va primi din nou, de la 4 ianuarie, proiecte de investiţii în producţia de energie din surse regenerabile, sumele alocate, atât din fonduri UE, cât şi de la bugetul de stat, fiind de 100 milioane de euro, a declarat, vineri, un reprezentant al instituţiei.
“În ianuarie 2010 vom redeschise acest proces, cu un buget alocat de 100 milioane de euro. Nu se finanţează echipamentele second-hand”, a declarat Cristian Georgescu, director în Ministerul Economiei, într-o conferinţă de presă.
Companiile interesate vor avea la dispoziţie patru luni pentru a depune cererile de cofinanţare.
Potrivit lui Georgescu, nivelul maxim de cofinţare poate acoperi 70% din valoarea unui proiect.
Fondurile structurale şi de la bugetul de stat destinate finanţării investiţiilor în producţia de energie din surse regenerabile se ridică la 263 milioane de euro, disponibile în perioada 2007-2013.
Ministerul Economiei a încheiat, în luna noiembrie, cu Hidroconstrucţia, Romelectro, Unicom 3N 2000, Romconstruct, Balkan Hydroenergy şi Primăria Beiuş, contracte de investiţii în unităţi de producere a electricităţii şi căldurii în valoare totală de 269 milioane de lei, din care 114 milioane de lei sunt fonduri nerambursabile.
Contractele parte dintr-un total de 14 cereri de finanţare aprobate în cadrul Programului operaţional sectorial “Creşterea competitivităţii economice”, iar proiectele vizează construcţia unor unităţi de producţie a energiei cu o putere de 31,55 MW pe partea de electricitate şi 30,55 MW putere termică.
Isramart : Un pachet cu certificate de emisii CO2 a fost transferat in premiera la Bursa din Sibiu
Isramart news:
Un pachet cu zece contracte futures de emisii CO2 (CO2_RON) a fost vandut la Bursa din Sibiu, in urma unei singure tranzactii, la o luna de la lansarea instrumentelor, potrivit unui comunicat remis de institutie.
Cele 10 contracte reprezinta echivalentul a 100 de certificate, deci circa 1000 de tone de dioxid de carbon, fiind transferate la un pret de 53,04 lei/tona, fara TVA. Tranzactia a fost intermediata de casa de brokeraj Intercapital Invest si KDF Energy, cel mai important broker pentru certificatele de emisii de gaze cu efect de sera din Romania.
Bursa din Sibiu percepe un comision de 0,6 lei pentru tranzactionarea unui contract pe certificatele de emisii CO2, costurile fiind mai mici decat pe Bluenext, cea mai mare bursa europeana care tranzactioneaza certificate de emisii.
Contractele cu emisii CO2 au scadenta la o zi si livrarea la scadenta, pretul fiind negociat in lei.
Certificatele EUA sunt emise in baza sistemului Uniunii Europene de tranzactionare a emisiilor de gaze cu efect de sera (EU ETS), unul din pilonii politicii UE legat de schimbarile climatice si reducerea poluarii. Conform acestui sistem, guvernele statelor membre ale Uniunii stabilesc niveluri maxime nationale pentru emisiile de gaze cu efect de sera si aloca niveluri maxime pentru operatorii industriali din fiecare tara. Certificatele emise in baza acestor alocari pot fi tranzactionate, fie prin tranzactii de tip over-the-counter intermediate de brokeri specializati, fie prin tranzactii bursiere, se arata intr-un comunicat Intercapital Invest.
Un pachet cu zece contracte futures de emisii CO2 (CO2_RON) a fost vandut la Bursa din Sibiu, in urma unei singure tranzactii, la o luna de la lansarea instrumentelor, potrivit unui comunicat remis de institutie.
Cele 10 contracte reprezinta echivalentul a 100 de certificate, deci circa 1000 de tone de dioxid de carbon, fiind transferate la un pret de 53,04 lei/tona, fara TVA. Tranzactia a fost intermediata de casa de brokeraj Intercapital Invest si KDF Energy, cel mai important broker pentru certificatele de emisii de gaze cu efect de sera din Romania.
Bursa din Sibiu percepe un comision de 0,6 lei pentru tranzactionarea unui contract pe certificatele de emisii CO2, costurile fiind mai mici decat pe Bluenext, cea mai mare bursa europeana care tranzactioneaza certificate de emisii.
Contractele cu emisii CO2 au scadenta la o zi si livrarea la scadenta, pretul fiind negociat in lei.
Certificatele EUA sunt emise in baza sistemului Uniunii Europene de tranzactionare a emisiilor de gaze cu efect de sera (EU ETS), unul din pilonii politicii UE legat de schimbarile climatice si reducerea poluarii. Conform acestui sistem, guvernele statelor membre ale Uniunii stabilesc niveluri maxime nationale pentru emisiile de gaze cu efect de sera si aloca niveluri maxime pentru operatorii industriali din fiecare tara. Certificatele emise in baza acestor alocari pot fi tranzactionate, fie prin tranzactii de tip over-the-counter intermediate de brokeri specializati, fie prin tranzactii bursiere, se arata intr-un comunicat Intercapital Invest.
Isramart : Certificatele de emisii de gaze cu efect de sera pot fi tranzactionate la bursa
Isramart news:
La Bursa de la Sibiu au avut loc primele tranzactii bursiere cu certificate de emisii de gaze
cu efect de sera. Sibex si Casa Romana
de Compensatie (CRC) anunta realizarea si decontarea cu succes a primei tranzactii intermediate la bursa
cu certificate de emisii de gaze cu efect de sera (EUA).
Tranzactia a fost efectuata de SSIF Intercapital Invest la Bursa Monetar-Financiara si de Marfuri Sibiu (Sibex) in ziua de vineri 22 ianuarie, la un pret de 53,04 lei/certificat (12,82 euro).
"Compania noastra este interesata permanent de promovarea unor segmente noi si inovatoare
pe piata de capital. Dezvoltarea in Romania a unei piete bursiere puternice pentru certificatele de emisii de gaze cu efect de sera reprezinta pentru noi un obiectiv major," a declarat Razvan Pasol, presedinte al Intercapital Invest.
Deoarece tranzactionarea certificatelor EUA la Sibex se face sub forma contractelor futures cu scadenta zilnica, pozitiile deschise in urma celor 10 contracte tranzactionate au fost lichidate prin livrare luni 25 ianuarie 2010, de catre CRC.
"Ne face placere sa ne extindem gama produselor decontate de CRC cu aceste contracte futures cu livrare. Consider ca garantarea tranzactiilor este principalul nostru avantaj in comparatie cu alte modalitati de tranzactionare a certificatelor de emisii, " precizeaza Toma Dosteteanu, Director Executiv al CRC.
Aceasta reprezinta o premiera pentru Romania, in conditiile in care anterior datei de 22 ianuarie tranzactiile cu certificate EUA se realizau in tara noastra exclusiv in afara sistemelor bursiere.
"Aceasta premiera inregistrata astazi pe piata certificatelor EUA implementata de catre Sibex la finalul anului 2009 reprezinta concretizarea unuia din cele mai importate proiecte ale institutiei noastre din ultimii ani. Suntem increzatori ca in scurt timp SIBEX poate deveni, cu sprijinul membrilor sai, furnizorul unei piete transparente si eficiente pentru aceste certificate, " explica Darius Cipariu, Director Adjunct al Sibex.
Certificatele EUA sunt emise in baza sistemului
Uniunii Europene de tranzactionare a emisiilor de gaze cu efect de sera (EU ETS), unul din pilonii politicii UE legat de schimbarile climatice si reducerea
poluarii. Conform acestui sistem, guvernele statelor membre ale Uniunii stabilesc niveluri maxime nationale pentru emisiile de gaze cu efect de sera si aloca niveluri maxime pentru operatorii industriali din fiecare tara. Certificatele emise in baza acestor alocari pot fi tranzactionate, fie prin tranzactii de tip over-the-counter intermediate de brokeri specializati, fie prin tranzactii bursiere.
La Bursa de la Sibiu au avut loc primele tranzactii bursiere cu certificate de emisii de gaze
cu efect de sera. Sibex si Casa Romana
de Compensatie (CRC) anunta realizarea si decontarea cu succes a primei tranzactii intermediate la bursa
cu certificate de emisii de gaze cu efect de sera (EUA).
Tranzactia a fost efectuata de SSIF Intercapital Invest la Bursa Monetar-Financiara si de Marfuri Sibiu (Sibex) in ziua de vineri 22 ianuarie, la un pret de 53,04 lei/certificat (12,82 euro).
"Compania noastra este interesata permanent de promovarea unor segmente noi si inovatoare
pe piata de capital. Dezvoltarea in Romania a unei piete bursiere puternice pentru certificatele de emisii de gaze cu efect de sera reprezinta pentru noi un obiectiv major," a declarat Razvan Pasol, presedinte al Intercapital Invest.
Deoarece tranzactionarea certificatelor EUA la Sibex se face sub forma contractelor futures cu scadenta zilnica, pozitiile deschise in urma celor 10 contracte tranzactionate au fost lichidate prin livrare luni 25 ianuarie 2010, de catre CRC.
"Ne face placere sa ne extindem gama produselor decontate de CRC cu aceste contracte futures cu livrare. Consider ca garantarea tranzactiilor este principalul nostru avantaj in comparatie cu alte modalitati de tranzactionare a certificatelor de emisii, " precizeaza Toma Dosteteanu, Director Executiv al CRC.
Aceasta reprezinta o premiera pentru Romania, in conditiile in care anterior datei de 22 ianuarie tranzactiile cu certificate EUA se realizau in tara noastra exclusiv in afara sistemelor bursiere.
"Aceasta premiera inregistrata astazi pe piata certificatelor EUA implementata de catre Sibex la finalul anului 2009 reprezinta concretizarea unuia din cele mai importate proiecte ale institutiei noastre din ultimii ani. Suntem increzatori ca in scurt timp SIBEX poate deveni, cu sprijinul membrilor sai, furnizorul unei piete transparente si eficiente pentru aceste certificate, " explica Darius Cipariu, Director Adjunct al Sibex.
Certificatele EUA sunt emise in baza sistemului
Uniunii Europene de tranzactionare a emisiilor de gaze cu efect de sera (EU ETS), unul din pilonii politicii UE legat de schimbarile climatice si reducerea
poluarii. Conform acestui sistem, guvernele statelor membre ale Uniunii stabilesc niveluri maxime nationale pentru emisiile de gaze cu efect de sera si aloca niveluri maxime pentru operatorii industriali din fiecare tara. Certificatele emise in baza acestor alocari pot fi tranzactionate, fie prin tranzactii de tip over-the-counter intermediate de brokeri specializati, fie prin tranzactii bursiere.
Isramart : Bugetul CNVM debordează de optimism
Isramart news:
Autoritatea de reglementare anticipează pentru 2010 atât o apreciere a acţiunilor, cât şi a valorii tranzacţionate
Fondul Proprietatea este văzut la cota Bursei încă din acest an
Creşterea rulajelor cu instrumente derivate, certificatele de emisii de CO2, piaţa spot de la Sibiu şi sistemul alternativ ROTC sunt alte surse de venituri pe care Comisia mizează
Pentru acest an, Comisia Naţională a Valorilor Mobiliare (CNVM) întrevede o majorare substanţială a veniturilor din multiple surse, după ce şi în 2009 a obţinut un excedent de 3 mil. lei. Autoritatea de Reglementare a preferat să vadă partea plină a paharului pe toate segmentele pieţei, potrivit proiectului de buget obţinut de NewsIn. Astfel, CNVM anticipează nu numai o creştere a volumelor şi cotaţiilor pe piaţa spot de la BVB, dar şi apariţia unor noi surse de câştig. Astfel, lansarea pieţei la vedere de la Sibex, tranzacţiile cu certificate de emisii de dioxid de carbon sunt deja bugetate, însă acest lucru este valabil chiar şi pentru proiecte care încă stau sub semnul întrebării. Listarea Fondului Proprietatea la Bursă, precum şi o lichiditate acceptabilă în sistemul alternativ ROTC promovat de Asociaţia Brokerilor sunt, de asemenea, avansate ca sigure pentru anul în curs. Cu toate acestea, paradoxal, tocmai ofertele Rompetrol, programate pentru primele luni din acest an, nu sunt menţionate în bugetul CNVM.
Comisia estimează că va obţine în acest an 6,1 mil. lei din aplicarea cotei de cel mult 0,08% din valoarea tranzacţiilor derulate pe orice piaţă reglementată şi pe sistemele alternative de tranzacţionare, în creştere cu 74,29% faţă de prevederile din bugetul pe 2009, când aceasta a fost suspendată în vederea încurajării tranzacţiilor pe piaţa de capital în perioada 1 octombrie 2008 - 31 iulie 2009.
Indicii bursieri, pe o direcţie ascendentă
Comisia se aşteaptă la o evoluţie pozitivă a pieţei de capital pentru 2010, atât în ceea ce priveşte indicii, cât şi valoarea tranzacţionată. Astfel, CNVM estimează o apreciere de 10-20% a cursului principalelor acţiuni, astfel încât indicele BET-C să depăşească nivelul de 3.000 puncte. "În condiţiile în care nivelurile de preţ ale acţiunilor vor creşte cu 10-20% faţă de nivelul lunii octombrie a anului 2009, iar volumele şi numărul de tranzacţii îşi menţin evoluţia, se estimează o creştere a valorii de tranzacţionare medii lunare de la 403,7 mil. lei în anul 2009 (801,19 mil. lei în perioada 2005 - 2008), la o valoare medie lunară de 635,41 mil. lei în anul 2010, ceea ce înseamnă 7.625 mil. lei pe an", arată nota de fundamentare cu privire la veniturile obţinute din cota de 0,08%.
Povestea listării Fondului Proprietatea, avansată încă o dată de CNVM
CNVM mizează pe listarea Fondului Proprietatea în acest an şi pe tranzacţii cu cel puţin 7 emitenţi pe piaţa la vedere a Sibex, ceea ce va spori veniturile din aplicarea cotei de 0,08% din valoarea tranzacţiilor derulate pe pieţele reglementate sau ATS cu 75%, potrivit proiectului de buget pe 2010. Pe lângă estimarea de listare a Fondului Proprietatea şi cea cu privire la activitatea pe piaţa spot administrată de Bursa din Sibiu, care va fi lansată în 22 ianuarie, CNVM are în vedere şi cele două sisteme alternative de tranzacţionare care au primit aviz în cursul anului trecut, adică ROTC-ul Asociaţiei Brokerilor şi OTC-ul Depozitarului Central.
În ceea ce priveşte tranzacţiile cu obligaţiuni, inclusiv cele convertibile în acţiuni, tranzacţiile cu drepturi de preferinţă şi cele cu drepturi de alocare, CNVM va aplica în continuare cota de 0,04%, menţinând astfel reducerea de 50% aplicată din 2008. În 2010, aceeaşi cotă va fi aplicată şi pentru tranzacţiile cu titluri de stat.
Fondurile de investiţii cu active în creştere vor contribui la veniturile Comisiei
CNVM anticipează venituri totale de 41,33 mil. lei în acest an, în uşoară creştere faţă de 2009, când încasările prevăzute în buget au fost de 40,7 mil. lei. Totuşi, bugetul Comisiei este mai mic faţă de anul 2008, când încasările s-au ridicat la 48,7 mil. lei. Pe de altă parte, conform proiectului de buget, cheltuielile totale pentru acest an se vor ridica tot la 41,33 mil. lei, nivel egal cu cel al veniturilor. CNVM va încasa cel mai mult din aplicarea cotei de 0,1% din valoarea activului net al organismelor de plasament colectiv, adică 11 mil. lei, în timp ce din tariful perceput pentru derularea ofertelor publice arbitrul pieţei anticipează că va înregistra venituri de 6,5 mil. lei.
Ofertele publice, în continuare costisitoare
Comisia percepe o cotă de cel mult 0,5% din valoarea ofertelor publice de vânzare şi de cel mult 2% din valoarea ofertelor publice de cumpărare sau preluare. În ceea ce priveşte ofertele de vânzare, CNVM remarcă tendinţa de reducere a numărului acestor oferte, dar ia în calcul, totodată, autorizaţia de funcţionare a pieţei la vedere administrată de Bursa din Sibiu, operator de piaţă care şi-a propus în primă fază realizarea a şapte oferte publice de vânzare, inclusiv a celei proprii. Pe de altă parte, în privinţa ofertelor de cumpărare sau preluare, notele de fundamentare din proiectul de buget arată că, în prezent, 23 de acţionari sunt obligaţi să depună documentaţia necesară derulării de oferte, astfel încât Comisia se bazează din cotele percepute la încasări de 6,5 mil. lei.
Derivatele, certificatele de CO2 şi piaţa spot de la Sibex sunt avute în vedere
O altă sursă de venituri pentru CNVM sunt tranzacţiile realizate pe pieţele de instrumente derivate, de unde arbitrul pieţei se aşteaptă să obţină în 2010 o sumă de 1,5 mil. lei. În acest caz, anticipările sunt, de asemenea, pozitive, tranzacţiile pe pieţele administrate de Bursa din Sibiu şi Bursa de la Bucureşti urmând să înregistreze creşteri uşoare. Comisia va percepe în cazul tranzacţiilor cu derivate un tarif de 0,10 lei de la fiecare parte contractantă, tarif egal cu cel din 2009. Totodată, CNVM se bazează şi pe tarifele aplicate tranzacţiilor cu certificate de emisii de gaze cu efect de seră, cuantumul stabilit pentru 2010 fiind de 1 leu/contract, perceput de la fiecare parte contractantă. Cuantumul tarifelor, comisioanelor şi al altor surse legale se stabilesc ca anexe la bugetul CNVM şi se aprobă de Parlament. Pe de altă parte, bugetul pe 2010 urmează să intre în dezbaterea Parlamentului în următoarea perioadă.
Tocmai ofertele Rompetrol lipsesc din bugetul Comisiei
Totuşi, ofertele publice de preluare în cazul Rompetrol Rafinare şi Rompetrol Well Services nu au fost luate în calcul, cel mai probabil, întrucât la un preţ de ofertă de 0,10 lei în cazul RRC, preţ pe care cei mai mulţi brokeri îl consideră echitabil, Comisia ar încasa peste 10 mil. lei.
Autoritatea de reglementare anticipează pentru 2010 atât o apreciere a acţiunilor, cât şi a valorii tranzacţionate
Fondul Proprietatea este văzut la cota Bursei încă din acest an
Creşterea rulajelor cu instrumente derivate, certificatele de emisii de CO2, piaţa spot de la Sibiu şi sistemul alternativ ROTC sunt alte surse de venituri pe care Comisia mizează
Pentru acest an, Comisia Naţională a Valorilor Mobiliare (CNVM) întrevede o majorare substanţială a veniturilor din multiple surse, după ce şi în 2009 a obţinut un excedent de 3 mil. lei. Autoritatea de Reglementare a preferat să vadă partea plină a paharului pe toate segmentele pieţei, potrivit proiectului de buget obţinut de NewsIn. Astfel, CNVM anticipează nu numai o creştere a volumelor şi cotaţiilor pe piaţa spot de la BVB, dar şi apariţia unor noi surse de câştig. Astfel, lansarea pieţei la vedere de la Sibex, tranzacţiile cu certificate de emisii de dioxid de carbon sunt deja bugetate, însă acest lucru este valabil chiar şi pentru proiecte care încă stau sub semnul întrebării. Listarea Fondului Proprietatea la Bursă, precum şi o lichiditate acceptabilă în sistemul alternativ ROTC promovat de Asociaţia Brokerilor sunt, de asemenea, avansate ca sigure pentru anul în curs. Cu toate acestea, paradoxal, tocmai ofertele Rompetrol, programate pentru primele luni din acest an, nu sunt menţionate în bugetul CNVM.
Comisia estimează că va obţine în acest an 6,1 mil. lei din aplicarea cotei de cel mult 0,08% din valoarea tranzacţiilor derulate pe orice piaţă reglementată şi pe sistemele alternative de tranzacţionare, în creştere cu 74,29% faţă de prevederile din bugetul pe 2009, când aceasta a fost suspendată în vederea încurajării tranzacţiilor pe piaţa de capital în perioada 1 octombrie 2008 - 31 iulie 2009.
Indicii bursieri, pe o direcţie ascendentă
Comisia se aşteaptă la o evoluţie pozitivă a pieţei de capital pentru 2010, atât în ceea ce priveşte indicii, cât şi valoarea tranzacţionată. Astfel, CNVM estimează o apreciere de 10-20% a cursului principalelor acţiuni, astfel încât indicele BET-C să depăşească nivelul de 3.000 puncte. "În condiţiile în care nivelurile de preţ ale acţiunilor vor creşte cu 10-20% faţă de nivelul lunii octombrie a anului 2009, iar volumele şi numărul de tranzacţii îşi menţin evoluţia, se estimează o creştere a valorii de tranzacţionare medii lunare de la 403,7 mil. lei în anul 2009 (801,19 mil. lei în perioada 2005 - 2008), la o valoare medie lunară de 635,41 mil. lei în anul 2010, ceea ce înseamnă 7.625 mil. lei pe an", arată nota de fundamentare cu privire la veniturile obţinute din cota de 0,08%.
Povestea listării Fondului Proprietatea, avansată încă o dată de CNVM
CNVM mizează pe listarea Fondului Proprietatea în acest an şi pe tranzacţii cu cel puţin 7 emitenţi pe piaţa la vedere a Sibex, ceea ce va spori veniturile din aplicarea cotei de 0,08% din valoarea tranzacţiilor derulate pe pieţele reglementate sau ATS cu 75%, potrivit proiectului de buget pe 2010. Pe lângă estimarea de listare a Fondului Proprietatea şi cea cu privire la activitatea pe piaţa spot administrată de Bursa din Sibiu, care va fi lansată în 22 ianuarie, CNVM are în vedere şi cele două sisteme alternative de tranzacţionare care au primit aviz în cursul anului trecut, adică ROTC-ul Asociaţiei Brokerilor şi OTC-ul Depozitarului Central.
În ceea ce priveşte tranzacţiile cu obligaţiuni, inclusiv cele convertibile în acţiuni, tranzacţiile cu drepturi de preferinţă şi cele cu drepturi de alocare, CNVM va aplica în continuare cota de 0,04%, menţinând astfel reducerea de 50% aplicată din 2008. În 2010, aceeaşi cotă va fi aplicată şi pentru tranzacţiile cu titluri de stat.
Fondurile de investiţii cu active în creştere vor contribui la veniturile Comisiei
CNVM anticipează venituri totale de 41,33 mil. lei în acest an, în uşoară creştere faţă de 2009, când încasările prevăzute în buget au fost de 40,7 mil. lei. Totuşi, bugetul Comisiei este mai mic faţă de anul 2008, când încasările s-au ridicat la 48,7 mil. lei. Pe de altă parte, conform proiectului de buget, cheltuielile totale pentru acest an se vor ridica tot la 41,33 mil. lei, nivel egal cu cel al veniturilor. CNVM va încasa cel mai mult din aplicarea cotei de 0,1% din valoarea activului net al organismelor de plasament colectiv, adică 11 mil. lei, în timp ce din tariful perceput pentru derularea ofertelor publice arbitrul pieţei anticipează că va înregistra venituri de 6,5 mil. lei.
Ofertele publice, în continuare costisitoare
Comisia percepe o cotă de cel mult 0,5% din valoarea ofertelor publice de vânzare şi de cel mult 2% din valoarea ofertelor publice de cumpărare sau preluare. În ceea ce priveşte ofertele de vânzare, CNVM remarcă tendinţa de reducere a numărului acestor oferte, dar ia în calcul, totodată, autorizaţia de funcţionare a pieţei la vedere administrată de Bursa din Sibiu, operator de piaţă care şi-a propus în primă fază realizarea a şapte oferte publice de vânzare, inclusiv a celei proprii. Pe de altă parte, în privinţa ofertelor de cumpărare sau preluare, notele de fundamentare din proiectul de buget arată că, în prezent, 23 de acţionari sunt obligaţi să depună documentaţia necesară derulării de oferte, astfel încât Comisia se bazează din cotele percepute la încasări de 6,5 mil. lei.
Derivatele, certificatele de CO2 şi piaţa spot de la Sibex sunt avute în vedere
O altă sursă de venituri pentru CNVM sunt tranzacţiile realizate pe pieţele de instrumente derivate, de unde arbitrul pieţei se aşteaptă să obţină în 2010 o sumă de 1,5 mil. lei. În acest caz, anticipările sunt, de asemenea, pozitive, tranzacţiile pe pieţele administrate de Bursa din Sibiu şi Bursa de la Bucureşti urmând să înregistreze creşteri uşoare. Comisia va percepe în cazul tranzacţiilor cu derivate un tarif de 0,10 lei de la fiecare parte contractantă, tarif egal cu cel din 2009. Totodată, CNVM se bazează şi pe tarifele aplicate tranzacţiilor cu certificate de emisii de gaze cu efect de seră, cuantumul stabilit pentru 2010 fiind de 1 leu/contract, perceput de la fiecare parte contractantă. Cuantumul tarifelor, comisioanelor şi al altor surse legale se stabilesc ca anexe la bugetul CNVM şi se aprobă de Parlament. Pe de altă parte, bugetul pe 2010 urmează să intre în dezbaterea Parlamentului în următoarea perioadă.
Tocmai ofertele Rompetrol lipsesc din bugetul Comisiei
Totuşi, ofertele publice de preluare în cazul Rompetrol Rafinare şi Rompetrol Well Services nu au fost luate în calcul, cel mai probabil, întrucât la un preţ de ofertă de 0,10 lei în cazul RRC, preţ pe care cei mai mulţi brokeri îl consideră echitabil, Comisia ar încasa peste 10 mil. lei.
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