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Chapter 5 The international influence of the emission trading systems in…
Chapter 5
The international influence of the emission trading systems in MX
2ª part: pilot phase ETS
'> 100 tCO2 industry and energy sectors
Paris Agreement 2015
NDC 22% 2030
36% 2030(international financing)
50% 2050
300 entities involved
37% national emissions
Possible linkage betwwen MX ETS and othere countries.
3ª part: EU ETS
45% of EU GHF
31 countries
11,000 GHF emitters
companies can buy limited amounts of internarional credits
PHASES
1º 2005-2007
Pilot-phase Kioto protocol
2º 2008-2012
1ª and 2ª free allocation of EUAs
3ª 2013 - 2020
no free allocation for electricity production,
free allocation for industry based on EU harmonized - benchmarking
Centralize Registry System
4º 2021 - 2030
aims:
-increase emissions cuts
-stablish better-targeted cabon leakeafe framework
-provide funds for low.carbon innovation and energy sector modernization
1º part:1997 Kyoto Protocol
i. Joint Implementation - ERUs (developed countries)
ii. Clean Development Mechanism - CERs (developing countries)
iii. ETS
Mexico: LGCC 2012/RENE
3 GHG emission reduction mechanism:
CDMs (225 projects)
15% CERs producion
Biomass eenergy
EE industry
coal bed/mine methane
EE own generation
fugitive
geothermal
HFCS
hydro
landfill
meethane avoidance
n20
solar and wind
transport
Voluntary carbon markets
buyers by
Verified Emissions Reductions (VER)
carbon credits
clean energy transition
energy efficiency and sustainable consumption
sustainable cities
reduction of short-lived climate pollutants
sustainablee agriculture
protection of natural sinks
Carbon tax
The Law on Special Tax on Production and Services (Ley del Impuesto especial
sobre producción y servicios)
all fossil fuels except natural gas
3% of fuel sales price
COA is the main bottom-up
enviromental reporoting