Sweet carbon: An analysis of sugar industry carbon market opportunities under the clean development mechanism

作者: Tyler McNish , Arne Jacobson , Dan Kammen , Anand Gopal , Ranjit Deshmukh

DOI: 10.1016/J.ENPOL.2009.08.005

关键词: Profitability indexElectricity generationOrder (exchange)Greenhouse gasKyoto ProtocolEnvironmental economicsEngineeringClean Development MechanismInvestment (macroeconomics)AdditionalityEconomyGeneral EnergyManagement, Monitoring, Policy and Law

摘要: Abstract Bagasse power generation projects provide a useful framework for evaluating several key aspects of the Clean Development Mechanism Kyoto Protocol. On positive side, our analysis, which draws in part from data set 204 bagasse electricity at sugar mills, indicates that these Annex I country investors with cost-effective means to achieve greenhouse gas emissions reductions. Our analysis also confirms marketplace Mechanism-derived offsets is robust and competitive. Moreover, appear example “new wave” clean energy investment has replaced earlier industrial projects. At same time, we identify two CDM demand improvement. First, additionality standard needs be tightened made more transparent consistent. Financial should required all projects; however, any financial test applied by Mechanism's Executive Board must informed significant barriers faced many Second, administrative processes registration verification need streamlined order prevent long time lags chilling investment.

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