7. Acronyms
UNFCCC United Nation Framework Convention
on Climate Change
GHG Greenhouse Gas
MtCO2e Metric Tonne Carbon Dioxide
Equivalent
AAU Assigned Amount Units, allocated
only to Annex I
ERU Emission Reduction Unit
CER Certified Emission Reduction
9. How to Evaluate ERU & CER?
CO2 Tons of Reduction CO2 Reduced
CH4
CH4 Tons of Reduction CO2e Reduced
10. Annex I Countries
Australia Austria Belarus* Belgium
Bulgaria* Canada Croatia Czech Rep*
Denmark EC Estonia* Finland
France Germany Greece Hungary*
Iceland Ireland Italy Japan
Latvia* Liechtenstein Lithuania* Luxembourg
Netherlands New Zealand Norway Poland*
Portugal Romania* Russia* Slovakia*
Slovenia* Spain Sweden Switzerland
Turkey Ukraine* UK USA
11. Carbon Credit
A generic term to assign a value to a reduction or
offset of greenhouse gas emissions.. usually
equivalent to one tonne of carbon dioxide
equivalent (CO2-e).
Definition from The Environment Protection
Authority of Victoria
Carbon Credit can be from
– Assigned Amount Units (AAU) trading
– Emission Reduction Unit (ERU)
– Certified Emission Reduction (CER)
12. JI: Acquisition of ERUs
Emission Cap Annex I Country A Over Emission Cap
Annex I Countries
GHG GHG Acquisition of
emissions in emissions in ERUs
host country host country corresponding to
without the after the emissions
project project avoided ERUs transferred
added to AAUs
in others Annex I
countries
13. CDM: Delivery of CERs
Non-Annex I Country UNFCCC Annex I Country
GHG GHG
emissions in emissions in
Delivery
host country host country
of CERs
without the after the
project project
CERs added to
AAUs in Annex
I Country
16. Carbon Credit Demand Increase
Implementation of
policies that require
GHG reduction
Consumer demand
for GHG neutral
products
(questioning?)
Climate change, too
hot or too cold
Energy price
decrease
17. Carbon Credit Demand Decrease
Policies that
improve energy use
efficiency
Energy price
increase
Lower price of
alternative energies
Technologies that
reduce the fuel
requirement
18. Carbon Credit Supply Increase
Lower cost
technologies to
create carbon credit
Implement GHG
reduction policies
Incentive to adopt
tillage & soil
management system
(ie. planting forest)
19. Carbon Credit Supply Decrease
Policies limiting the
types of emission
reduction
techniques for
generating credits
22. Carbon Credit in Thailand
Non Annex I country
Thailand Greenhouse Gas Management
Organization(TGO)
23. CDM projects in Thailand
Letter of Approval (LoA) for 160 projects
The number of registered project is 66
projects.
10 CDM projects in Thailand that received
CERs
The amount of CERs issued is now 1.045
MtCO2e.
Thailand CDM Projects. TGO.
http://www.tgo.or.th/english/index.php?
option=com_content&view=category&id=32&Itemid=46
24. Korat Waste to Energy
Use bacteria to turn
waste water into
biogas and electricity
Reference:
Converting waste to energy and profit, Tapioca starch power in Thailand
by Richard Plevin
25. Korat Waste to Energy
Reference:
Converting waste to energy and profit, Tapioca starch power in Thailand
by Richard Plevin
27. An Achievement saving Tomorrow, TODAY!!
Renewal of Kyoto Protocol until 2017
Reduced 25-40 percent of carbon emission
below 1990 levels by 2020
Second commitment begins January 2013
28. References
Developing a CDM or JI project to reduce greenhouse
gas emissions. Ernst & Young. 2008.
The Value of Carbon Credits: Is There A Final Answer?
Jeffery R. Williams, Jeffrey M. Peterson, and Siân
Mooney. Journal of Soil and Water Conservation
Volume 60, Number 2. 2005
Thailand Greenhouse Gas Management
Organization(TGO). http://www.tgo.or.th
Happy ending for Durban climate summit: Kyoto
Protocol extended to 2017
http://en.mercopress.com/2011/12/12/happy-ending-
for-durban-climate-summit-kyoto-protocol-extended-
to-2017