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Emerging Markets: An Innovative Proposal to Combat Climate Change

Emerging Markets: An Innovative Proposal to Combat Climate Change. Emerging Markets Mission Statement. The emerging markets commit to have a per capita emissions level which will be below or equal to the OECD average per capita GHG emissions through 2050.

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Emerging Markets: An Innovative Proposal to Combat Climate Change

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  1. Emerging Markets:An Innovative Proposal to Combat Climate Change

  2. Emerging MarketsMission Statement • The emerging markets commit to have a per capita emissions level which will be below or equal to the OECD average per capita GHG emissions through 2050. • Based on scientific findings, the emerging markets recommend that the world reduce total GHG emissions by 80% by 2050.

  3. The “Meet or Beat” per Capita Emissions Scenario GHG Emissons (per Capita)

  4. Adopted Policy Measures • #1 No New Coal - China cap on total coal consumption at current levels; retrofit old coal plants with advanced clean coal technology. • #2 Meet New Capacity Demands with Scaling Renewable Energy Generation and Hybrid Power Plant systems. • #3 Lead International Coalition for Fuel Efficiency Standards.

  5. Adopted Policy Measures • #4 Smart Cities - avoid urban sprawl and encourage sustainable cities with enhanced public transportation, car sharing, building efficiency standards, design planning for alternative transportation. • #5 - Government Subsidies to Encourage Renewable Energy Market Growth & Domination (China’s 20% RES-E of non-hydro renewables by 2020)

  6. Proposed International Policy Measures • Forest and C02 sinks to be included in CDM v 2.0. • International Aviation Tax. • The International Carbon Sink Fund (ICSF) - A fee levied on each barrel of oil used for energy consumption will benefit a fund to manage and preserve carbon sinks.

  7. Questions?

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