Scribd Logo
Upload

Welcome to Scribd!

  • VIDEO COP 15, The Cap and Trade Energy Mathematics VCE01 Part B

    Uploaded by

    Sandip
    72 views25 pages
    The CAP & TRADE Energy Mathematics, shows how ineffective the carbon economy is proving as a fund generator for bringing about clean energy and help defer climate change. The right method is to set up a Green climate fund for renewable energy as well as adaptation. This presentation had over 14,000 views in Slideshare in the year 2009

    Original Title

    VIDEO COP 15, The Cap and Trade Energy Mathematics VCE01 Part B

    Copyright

    © Attribution Non-Commercial (BY-NC)

    Available Formats

    PPT, PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    Report this Document
    The CAP & TRADE Energy Mathematics, shows how ineffective the carbon economy is proving as a fund generator for bringing about clean energy and help defer climate change. The right method is to set up a Green climate fund for renewable energy as well as adaptation. This presentation had over 14,000 views in Slideshare in the year 2009

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PPT, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    72 views25 pages

    VIDEO COP 15, The Cap and Trade Energy Mathematics VCE01 Part B

    Uploaded by

    Sandip
    The CAP & TRADE Energy Mathematics, shows how ineffective the carbon economy is proving as a fund generator for bringing about clean energy and help defer climate change. The right method is to set up a Green climate fund for renewable energy as well as adaptation. This presentation had over 14,000 views in Slideshare in the year 2009

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PPT, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 25

    COP 15: Bullshitting

    15 years
    on Climate Change...

    The Energy Mathematics


    Climate change: Positive Solutions Series VCE 01B
    By Sandip Sen & Katerina Voutsara
    The Energy mathematics
    This video presentation is adapted from
    the first of our very popular Slide Share
    presentations in the “Climate Change
    positive solutions series” that crossed
    14,000 views in 2009 .

    .The presentation has been split in 2


    parts A and B , part A the “Imelda Story
    “and B more about the technical
    aspects and “energy mathematics”.
    COP 15: Bury wasteful
    thinking?
    If COP 15 wants to achieve anything it must look
    beyond Cap and Trade. Negative penalties can never
    fund positive growth effectively. So Climate Change
    must have a new Profit Plan for funding the clean
    energy projects, irrespective of Carbon Permits. The
    Governments must work out these plans with the
    help of WB and IMF now.
    Why?
    “Cherubic
    Child needs
    positive
    solutions
    not cap and
    feed”
    Why ?
    “Healthy planet needs
    positive solutions not
    cap and trade”

    Why ?
    Problem :
    Critical grass root development
    of clean energy delayed by 15 years: to
    be funded by negative penalties?

    Solution :
    Climate change needs
    Positive profit plans
    not
    carbon trading
    Problem:
    Governments
    fooling the people
    for 15 years

    Solution: Governments must apologize publicly for


    using the U.N. the scientists, the administrators and
    the consultants to delay clean energy investments for
    15 years in the name of “cap and trade” and
    endanger planet earth. For unless you develop
    economically viable alternatives, how can you expect
    the people to co-operate with energy
    savings.
    The solutions

    SOLAR POWER

    WIND ENERGY

    RAIN FOREST PLANTATION.


    SOLAR POWER
    WIND ENERGY
    RAIN FOREST PLANTATION.

    Don’t waste resource… with


    too many alternatives that
    have no scalability
    Governments must take responsibility for
    funding them directly, through the WB or the
    IMF by a Global “Sun, Wind & Rain Fund”
    with a mix of Grants, Aids and Soft loans
    Positive solutions
    for climate change
    Solutions like cap and trade will only increase
    clean energy costs and delay implementation

    15 years have been wasted now in endless


    dialogues and wrangling on carbon cap

    It’s time to move on.


    WHY?
    Let us see what Carbon Trade
    gives to the world today and its
    future as a utility resource
    generator.
    Cap and Trade savings are
    like the nicotine savings
    A few Carbon Trading initiatives have started or are being
    planned in the U.S. Australia and Europe. Among the first
    movers were (10) ten American North Eastern and mid
    Atlantic States that join hands to float a Regional Greenhouse
    Gas Initiative RGGI the first effort to monetise Cap and Trade
    program in the U.S. after 5 years of planning, in July 2008.

    The New York Mercantile Ex-change, a


    subsidiary of Nymex Holdings Inc. of New York,
    and the Chicago Climate Exchange, owned by
    Climate Exchange PLC of London, both launches
    RGGI carbon futures contracts in August 2008
    RGGI first Carbon auction

    RGGI Sells 12.5 million carbon credits @


    price of $ 3.07 per unit raising
    $38.6 million in its first auction, the
    money raised from carbon polluters,
    mostly the fossil fuel power plants and
    industries in Sept 2008 in the U.S.
    RGGI second Carbon auction

    RGGI Sells 31.6 million carbon credits


    @price of $3.38 per unit raising
    $107 million in auction money from carbon
    polluters and financial traders in the
    second auction of December 2008
    RGGI third Carbon auction

    RGGI Sells 33.3 million carbon credits


    @price of $3.51 each raising
    $117 million from the 3rd carbon
    auction money in March 2009
    RGGI fourth Carbon
    auction
    RGGI Sells 30.8 million carbon
    credits @price of $ 3.23 raising
    $104 million in auction money
    from carbon polluters and
    financial traders in the fourth
    auction of July 2009
    RGGI annual proceeds from
    Carbon auction

    Total annual sale Carbon credits for ten


    American states selling 110 million
    carbon permits as of today is $366
    million. Unlikely to go up much for the
    region, as large polluting units are no
    longer being installed.
    Clean energy demand is much
    higher than Carbon receipts

    Is it enough to fund green energy needs


    of the 10 states, when the cost of putting
    up a 250 MW Photovoltaic Cell solar
    rooftop power panel project is $875
    million as per South California Edison
    (SCE) Power
    Carbon price will remain
    moderate, else utilities & factories
    will close down
    Can the price of Carbon Credits stabilise
    over the $ 20 / tonne mark ( the minimum
    price required for sizable inflows to green
    energy markets and will the funds find
    their way to clean energy.)
    Financial traders have already entered
    the fray ensuring that Carbon credits
    prices fall in the fourth quarter auctions.
    Clean energy needs $ 200
    billion annually

    Clean energy positive plan needs a global


    investment of $200 billion a year for the
    next 10 years to make a dent on
    environmental pollution and GHG.
    Cap & Trade can never
    fund such needs.
    Others presentations to follow in
    the climate change positive plan
    “clean energy” series
    CE 21…… onwards “Solutions in solar energy”

    CE 41……. onwards “Solutions in rainforest plantation”

    CE 61…….onwards “Solutions in wind energy”

    CE 81…….onwards “The perils of carbon trade”

    CE91……. onwards “ Cost reductions, volume growth and


    positive solutions for clean energy and climate change initiatives
    to make it a profit plan.”

    Being uploaded at Slide Share from the last week of


    August 09.
    Acknowledgements
    Data from UNFCCC, IPCC, RGGI, Google search,
    Bloomberg and other internet resources.

    To our Art director


    Katerina Voutsara.

    To Google photo library, flickr, and other websites


    for images

    For Queries : Sandip Sen


    sen.sandip@gmail.com
    Our references
    Economy to Ecology

    Our goal is to help promote clean, safe and


    better practices in economy and ecology
    worldwide. Balanced, efficient and a little
    more sustainable.

    Amazon Kindle Blog : Ecothrust


    http://bit.ly/7XwAG
    This is the blog of the author,
    an energy specialist and an
    economic analyst.
    Other Presentations by author

    Climate Change Positive Solutions Series CE-81

    http://www.slideshare.net/SandipSen/climate-change-positive-solutions-ce-81

    http://bit.ly/4kzzIz

    Climate Change Positive Solutions Series CE- 82


    http://www.slideshare.net/SandipSen/c-o-p-15-the-deal-sabotage-at-copenhagen-c-e-82

    http://bit.ly/XUrUd
    Other presentations by author

    Business Risk management Series


    http://www.slideshare.net/SandipSen/living-dangerously-managing-risks-in-business-ba01ppt

    Business Risk Case Studies Ba31


    http://www.slideshare.net/SandipSen/business-risk-case-study-ba31

    Business Risk Case Studies Ba32

    http://www.slideshare.net/SandipSen/business-risk-case-study-ba-32-1751378

    You might also like