Mobilizing Carbon for Sustainable Urban Transport
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By Cornie Huizenga, Joint Convener, SLoCaT Partnership. Presented at Latin American Carbon Forum, October 13-15, 2010. Santo Domingo, Dominican Republic.
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Mobilizing Carbon for Sustainable Urban Transport
- 1. Cornie Huizenga, Joint Convener, SLoCaT Partnership Sector 5: Mobilizing Carbon for Sustainable Urban Transport Latin america Carbon Forum 15 October 2010, Santo Domingo In Transport
- 3. We need a global 50% CO2 cut by 2050 Source: IEA ETP 2008 “ Given the role that transport plays in causing greenhouse gas emissions, any serious action on climate change will zoom in on the transport sector” Yvo de Boer, Executive Secretary UNFCCC, January 2009
- 4. ( Ir) relevance of Existing Climate Instruments for Transport Sector *in pipeline (registered, requesting registration and at validation);[ registered] ** expected total undiscounted revenues at 10 $/CER, 3x7 years crediting [ registerd]; *** direct impact, assuming 10 years lifetime; **** assuming a life time of 10-20 years depending on type of investment, Source: Bakker and Huizenga, forthcoming 15-20% below BAU by 2020: 1 Gigaton per year Year of 1 st project No. of Projects Funding [$ million] Reported emission reductions [MtCO 2 -eq/yr] CDM 2006 30 (3)* 672 ** (CERs) (63) 2.7 (0.3) GEF1-4 2006 37 201 (grants) 3.2*** CTF 2009 7 600 (loans) 10**** total 13.6-15.9 Mt
Notas do Editor
- This is clearly unsustainable. In fact, in a CO2 constrained world, we will need to achieve massive reductions in CO2 emissions to 2050. In ETP’s “BLUE” scenario, we identify ways to achieve a 50% reduction in energy-related CO2 emissions to 2050 from across different sectors. Though transport is perhaps the most difficult sector to address, we find it must provide deep cuts like other sectors. Without transport cuts, the best we can do is keep CO2 roughly constant into the future. Not good enough. In BLUE, transport achieves a 30% reduction in CO2 in 2050 compared to its 2005 levels ( a 70% reduction compared to 2050).