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WEC Europe-Regional Meeting in Brussels 20 th February 2009 Climate change policy beyond 2012

WEC Europe-Regional Meeting in Brussels 20 th February 2009 Climate change policy beyond 2012. Terms of Reference. The objectives of Task Force are: 1. To develop a long-term view about options for climate change policy in Europe;

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WEC Europe-Regional Meeting in Brussels 20 th February 2009 Climate change policy beyond 2012

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  1. WEC Europe-Regional Meeting in Brussels 20th February 2009 Climate change policybeyond 2012

  2. Terms of Reference The objectives of Task Force are: 1. To develop a long-term view about options for climate change policy in Europe; 2. To deliver long-term scenarios of GHG-emissions and abatement technologies including abatement costs and influence on energy prices; 3. To develop a view on the further development of the EU emissions trading scheme after 2012

  3. Members of the Task Force Study chair Stefan Ulreich (Germany) Czech Republic Mr. Tomáš Chmelík France Christine Faure-Fedigan Nicole Dellero Germany Christian Güthert Uwe Maassen Heimo Friede Hans-Wilhelm Schiffer Italy Federico Rossi Alessandro Clerici Francesca Massara Massimo Ceccariglia Netherlands Theo. W. Fens Serbia Dr Miodrag Mesarovic Slovenia dr. Tomaž Štokelj Sweden Leif Halvorsen Switzerland Prof. Eberhard Jochem Dr. Marco Berg International Org. Paul Bulteel Nicola Rega John Scowcroft WEC Simon GodwinObserver Jean-Eudes Moncomble

  4. Time schedule Meetings 31st July Dusseldorf 13th October Milan 25th November Paris 21st January Brussels 19th February Brussels

  5. Chapter 1 General background The Greenhouse Gas Effect and Climate Change The 4th Assessment Report by the IPCC Greenhouse Gas Data Increases in global CO2 emissions, 1990 - 2005 Scenarios of global carbon emissions until 2030

  6. Chapter 1 Goals defined by science

  7. Chapter 1 Main sectors in EU-27: Energy supply and transport

  8. Chapter 1 European share on global GHG-emissions

  9. Chapter 1 Comparison of the electricity generation

  10. Chapter 1 Key messages: • GHG emissions are globally still rising • Major contributor is the fossil fuel combustion,especially for electricity production. • Technological solutions are present, but need time until they will contributelargely to a further GHG reduction • Europe will be part of the solution mainlyin terms of clean technology development. • An effective combat against climate changeneeds a global solution. Europe can show the wayand demonstrate efforts, but other important regionsshould move and establish their pathways.

  11. Chapter 2 General climate policy The present international framework Kyoto protocol status Status of technological partnerships ETS around the world

  12. Chapter 2 The COP/MOP negotiations

  13. Chapter 2 • Technological partnerships • Asia-Pacific Partnership • EU with India and China • CCS: CSLF (Carbon Sequestration Leadership Forum), ZEP (European initiative on zero emission platform) • Nuclear: Generation IV initiative gathering 10 countries over 4 continents and INPRO

  14. Chapter 2 ETS around the world

  15. Chapter 2 • Key messages • Long negotiation process • Apart from the EU-27 other national and regional initiatives are present • Technology partnerships asfirst step to techology distribution

  16. Chapter 3 • Climate friendly technologies • Identify technologies • Abatement costs • Abatement volumes • Try to explore “unusual” solutions

  17. Chapter 3 • Demand side

  18. Chapter 3 • Supply side

  19. Chapter 3 • Key messages • There is a huge portfolio of technologies at demand and supply side that have the potential to reach deep cuts in GHG emissions; • Technology must be accompanied by life style changes; • All these technologies must be accessible without exclusion; • Electricity is the only energy vector that can be further decarbonised in the foreseeable future through a range of technologies and offers the prospect of low carbon road transport through the hybrid and electric vehicle and of contributing to low carbon heating through heat pump systems. • Technology diffusion will not come by itself, there is a need for a whole range of policy measures including education and information, providing a long term price signal for GHG emissions, efficiency standards, R&D, incentives and support schemes;

  20. Chapter 4 Status quo of the EU ETS The EU Emissions Trading Scheme in a nutshell Expectations and Reality A view on the EU ETS market Review of the EU ETS The Energy-Climate Package Lessons learned

  21. Chapter 4 EU ETS has already a long history

  22. Chapter 4 EU ETS in a nutshell Allocation Trading Verification

  23. Chapter 4 EU ETS as a market Price drivers and price history

  24. Chapter 4 Energy Climate-Package Community-Wide cap and long-term target visibility Extension of the scope of the EU ETS Harmonised allocation methods Funding projects mitigating GHG emissions Strengthening of monitoring, reporting and verification procedures Linking to other ETS systems

  25. Chapter 4 Key messages • The EU ETS works • Keep the system simple • Long-term visibility and predictability • Robustness of monitoring, reporting and verification systems • Coherency of the policy-framework

  26. Chapter 5 Development of EU climate policy beyond 2020 WTO-rules, competitiveness, non-ETS sector, global allocation rules, security of supply

  27. Chapter 6 • Pathway to a climate friendly Europe • needed investments • attractivity/risk of investments, • energy mix, • connected emissions, • costs for the public (Stern report),

  28. Chapter 6 Mainly electricity sector and transport considered

  29. Chapter 7 • Conclusions and recommendations • We need a global price on CO2 emissions • We need more support for climate friendly technologies • Investments are key – longer horizons needed • Re-balancing necessary: Security of supply and Affordable energy

  30. Funded by Member Committee annual subscriptions • Subscriptions set by EA-approved formula • Based on energy consumption, production, GNI • Additional funding: • Congress • Direct corporate contributions • Patrons Programme - WEC Foundation • Publication sales • Partnership royalties World Energy Council 1-4 Warwick Street, London W1B 5LT Tel: 020-7734 5996 Fax: 020-7734 5926 E-mail: info@worldenergy.org Website: www.worldenergy.org

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