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Carbon Credit




                1
Team Members

5449249 Kolatas Manaspiti
5449307 Narudom Roongsiriwong
5449238 Pisiith Denjaruwong
5449311 Salisa Mungruan
5449062 Varaporn Pangboonyanon
Introduction
The Greenhouse Effect
World Greenhouse Gas Emissions in 2000




       Source: World Resources Institute (data for year 2000)
What is Carbon Credit?
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
UNFCCC: Kyoto Protocol
How to Evaluate ERU & CER?


     CO2   Tons of Reduction          CO2 Reduced




                                                          CH4
                   CH4         Tons of Reduction CO2e   Reduced
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
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)
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
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
Carbon Credit Demand & Supply
World Demands for Carbon Credit
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
Carbon Credit Demand Decrease
                   Policies that
                    improve energy use
                    efficiency
                   Energy price
                    increase
                   Lower price of
                    alternative energies
                   Technologies that
                    reduce the fuel
                    requirement
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)
Carbon Credit Supply Decrease
                    Policies limiting the
                     types of emission
                     reduction
                     techniques for
                     generating credits
Factors Affecting Demand & Supply
Thailand and Carbon Credit
Carbon Credit in Thailand

 Non Annex I country
 Thailand Greenhouse Gas Management
  Organization(TGO)
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
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
Korat Waste to Energy




Reference:
Converting waste to energy and profit, Tapioca starch power in Thailand
by Richard Plevin
Conclusion
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
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
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CarbonCredit-V4

  • 2. Team Members 5449249 Kolatas Manaspiti 5449307 Narudom Roongsiriwong 5449238 Pisiith Denjaruwong 5449311 Salisa Mungruan 5449062 Varaporn Pangboonyanon
  • 4.
  • 5. World Greenhouse Gas Emissions in 2000 Source: World Resources Institute (data for year 2000)
  • 6. What is Carbon Credit?
  • 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
  • 15. World Demands for Carbon Credit
  • 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
  • 29. Q&A