Kyoto Protocol & Carbon Trading Youtube Lecture Handouts

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Watch video lecture on YouTube: Watch on YouTube: Carbon Trading & Kyoto Protocol: Understanding the 3 Mechanism Carbon Trading & Kyoto Protocol: Understanding the 3 Mechanism
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Kyoto Protocol & Carbon Trading

Kyoto Protocol

  • Adopted on 11 December 1997

  • Came in force on 16 February 2005

  • COP7 at Marrakesh - Rules for implementation were adopted & called "Marrakesh Accords."

  • 1st commitment period started in 2008 and ended in 2012 - GHG against 1990 level

  • Aim to reduce emissions

  • 2012- Doha Amendments – 2nd Commitment period 2013 to 2020 - GHG against 1990 level

    Kyoto Protocol Image

    Kyoto Protocol Image

    Kyoto Protocol Image

Carbon Trading / Cap & Trade

Carbon Trading / Cap and Trade

Carbon Trading / Cap and Trade

Carbon Trading / Cap and Trade

Mechanism

Mechanism Image

Mechanism Image

Mechanism Image

  • Annex B – Targets to limit emissions as “Assigned Amount Units (AAU)”

  • Removal Unit (RMU): Based on land use, land-use change and forestry (LULUCF) activities like reforestation

  • Emission Reduction Unit (ERU): By joint implementation

  • Certified Emission Reduction (CER): By clean development mechanism

Carbon Offsets

  • Are form of trade.

  • If buy - GHG emissions

  • Restore forests

  • Update power plants and factories

  • Increase energy efficiency of buildings and transportation

  • Let you pay to reduce the global GHG total