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Emissions Trading Registry
An Emissions Trading Registry is a web-based application that records: * allowances and units allocated to and held in operator, person and Government accounts *The movement of allowances and units between accounts (including allocations, transfers, surrender and cancellations) *Annual verified emissions of installations *Annual compliance status of installations. An account holder can therefore hold, transfer, cancel or acquire EU Allowances (EUAs) and Assigned amount units, Kyoto units (e.g. CERs, ERUs, AAUs, RMUs, tCERs and lCERs). Further details regarding each of these unit types can be found iA Guide to Using Kyoto Units in the European Union Emissions Trading Scheme available on the Environment Agency, Environment Agency's website. In addition, regulators and nominated competent authorities can manage regulated industries (those with legal emissions reduction targets), and monitor national compliance and performance against international emissions reductions obligations. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Assigned Amount Units
An assigned amount unit was a tradable "Kyoto unit" or "carbon credit" representing an allowance to emit greenhouse gases comprising "one metric tonne of carbon dioxide equivalent, calculated using global warming potentials". Assigned amount units were issued up to the level of initial "assigned amount" of an United_Nations_Framework_Convention_on_Climate_Change#Annex_I_countries, Annex 1 Party to the Kyoto Protocol. The "assigned amounts" were the Kyoto Protocol Annex B emission targets (or Kyoto_Protocol#2012_emission_targets_and_.22flexible_mechanisms.22, "quantified emission limitation and reduction objectives") expressed as levels of allowed emissions over the 2008–2012 commitment period. Application Article 17 of the Kyoto Protocol allowed emissions trading between Annex B Parties (countries). Parties that had "assigned amount units" to spare because of reductions in emissions below their Kyoto commitment set out in Article 3 and Annex B could sell those units to countries ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Environment Agency
The Environment Agency (EA) is a non-departmental public body, established in 1996 and sponsored by the United Kingdom government's Department for Environment, Food and Rural Affairs, with responsibilities relating to the protection and enhancement of the environment (biophysical), environment in England (and until 2013 also Wales). Based in Bristol, the Environment Agency is responsible for flood management, waste management, regulating land and water pollution, and conservation. Roles and responsibilities Purpose The Environment Agency's stated purpose is, "to protect or enhance the environment, taken as a whole" so as to promote "the objective of achieving sustainable development" (taken from the Environment Act 1995, section 4). Protection of the environment relates to threats such as flood and pollution. The vision statement, vision of the agency is of "a rich, healthy and diverse environment for present and future generations". Scope The Environment Agency's remit c ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
EU ETS
The European Union Emissions Trading System (EU ETS) is a carbon emission trading scheme (or ''cap and trade'' scheme) that began in 2005 and is intended to lower greenhouse gas emissions in the EU. Cap and trade schemes limit emissions of specified pollutants over an area and allow companies to trade emissions rights within that area. The ETS covers around 45% of the EU's greenhouse gas emissions. As from 2027 road transport and buildings and industrial installation that fell out of EU ETS will be covered by a new EU ETS2. The "old" ETS and the neEU ETS2allowances will be traded independently. A major difference to the ETS is that ETS2 will cover the CO2 emissions upstream - whereby accredited fuel suppliers who places the fuel on the EU market will be obliged to cover that fuel with ETS2 emission allowances. The ETS2 covers around 40% of the EU's greenhouse gas emissions. The scheme has been divided into four "trading periods". The first ETS trading period lasted three years ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
UNFCC
The United Nations Framework Convention on Climate Change (UNFCCC) is the UN process for negotiating an agreement to limit dangerous climate change. It is an international treaty among countries to combat "dangerous human interference with the climate system". The main way to do this is limiting the increase in greenhouse gases in the atmosphere. It was signed in 1992 by 154 states at the United Nations Conference on Environment and Development (UNCED), informally known as the Earth Summit, held in Rio de Janeiro. The treaty entered into force on 21 March 1994. "UNFCCC" is also the name of the Secretariat charged with supporting the operation of the convention, with offices on the UN Campus in Bonn, Germany. The convention's main objective is explained in Article 2. It is the "stabilization of greenhouse gas concentrations in the atmosphere at a level that would prevent dangerous anthropogenic .e., human-causedinterference with the climate system". The treaty calls for ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Kyoto Protocol
The was an international treaty which extended the 1992 United Nations Framework Convention on Climate Change (UNFCCC) that commits state parties to reduce greenhouse gas emissions, based on the scientific consensus that global warming is occurring and that human-made CO2 emissions are driving it. The Kyoto Protocol was adopted in Kyoto, Japan, on 11 December 1997 and entered into force on 16 February 2005. There were 192 parties (Canada withdrew from the protocol, effective December 2012) to the Protocol in 2020. The Kyoto Protocol implemented the objective of the UNFCCC to reduce the onset of global warming by reducing greenhouse gas concentrations in the atmosphere to "a level that would prevent dangerous anthropogenic interference with the climate system" (Article 2). The Kyoto Protocol applied to the seven greenhouse gases listed in Annex A: carbon dioxide (CO2), methane (CH4), nitrous oxide (N2O), hydrofluorocarbons (HFCs), perfluorocarbons (PFCs), sulfur hexaflu ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
UNFCCC
The United Nations Framework Convention on Climate Change (UNFCCC) is the UN process for negotiating an agreement to limit dangerous climate change. It is an international treaty among countries to combat "dangerous human interference with the climate system". The main way to do this is limiting the increase in greenhouse gases in the atmosphere. It was signed in 1992 by 154 states at the United Nations Conference on Environment and Development (UNCED), informally known as the Earth Summit, held in Rio de Janeiro. The treaty entered into force on 21 March 1994. "UNFCCC" is also the name of the Secretariat charged with supporting the operation of the convention, with offices on the UN Campus in Bonn, Germany. The convention's main objective is explained in Article 2. It is the "stabilization of greenhouse gas concentrations in the atmosphere at a level that would prevent dangerous anthropogenic .e., human-causedinterference with the climate system". The treaty calls for ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Emissions Trading
Emissions trading is a market-oriented approach to controlling pollution by providing economic incentives for reducing the emissions of pollutants. The concept is also known as cap and trade (CAT) or emissions trading scheme (ETS). One prominent example is carbon emission trading for and other greenhouse gases which is a tool for climate change mitigation. Other schemes include sulfur dioxide and other pollutants. In an emissions trading scheme, a central authority or governmental body allocates or sells a limited number (a "cap") of permits that allow a discharge of a specific quantity of a specific pollutant over a set time period. Polluters are required to hold permits in amount equal to their emissions. Polluters that want to increase their emissions must buy permits from others willing to sell them. Emissions trading is a type of flexible environmental regulation that allows organizations and markets to decide how best to meet policy targets. This is in contrast to comma ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Carbon Emissions In The European Union
Carbon () is a chemical element; it has symbol C and atomic number 6. It is nonmetallic and tetravalent—meaning that its atoms are able to form up to four covalent bonds due to its valence shell exhibiting 4 electrons. It belongs to group 14 of the periodic table. Carbon makes up about 0.025 percent of Earth's crust. Three isotopes occur naturally, C and C being stable, while C is a radionuclide, decaying with a half-life of 5,700 years. Carbon is one of the few elements known since antiquity. Carbon is the 15th most abundant element in the Earth's crust, and the fourth most abundant element in the universe by mass after hydrogen, helium, and oxygen. Carbon's abundance, its unique diversity of organic compounds, and its unusual ability to form polymers at the temperatures commonly encountered on Earth, enables this element to serve as a common element of all known life. It is the second most abundant element in the human body by mass (about 18.5%) after oxygen. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Climate Change In The European Union
Climate change has resulted in an increase in temperature of 2.3 °C (4.14 °F) (2022) in Europe compared to pre-industrial levels. Europe is the fastest warming continent in the world. Climate of Europe, Europe's climate is getting warmer due to Anthropogenic greenhouse gas, anthropogenic activity. According to international climate experts, global temperature rise should not exceed 2 °C to prevent the most dangerous Effects of climate change, consequences of climate change; without reduction in greenhouse gas emissions, this could happen before 2050. Climate change has implications for all regions of Europe, with the extent and nature of effects varying across the continent. Effects on European countries include warmer weather and increasing frequency and intensity of extreme weather such as heat waves, bringing Effects of climate change on human health, health risks and effects on ecosystems. European countries are major contributors to global greenhouse gas emissions, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
