Tag Archives: carbon
Second Gen Biofuels Most Efficient Use Of EU Bioenergy
July 10, 2013 | By Barbara Vergetis Lundin Bioenergy should be produced in line with EU objectives to use resources more efficiently, according to the European Environment Agency (EEA), including reducing the land and other resources needed to produce each unit of bioenergy and avoiding environmental harm from bioenergy production, extracting more energy from the same material input, and avoiding negative environmental effects potentially caused by bioenergy production. In 2010, bioenergy comprised approximately 7.5 percent of energy used in the EU and is expected to rise to around 10 percent by 2020, according to EU Member States’ National Renewable Energy Plans. According to the EEA analysis, the most efficient energy use of biomass is for heating and electricity as well as advanced biofuels or second generation biofuels. The research shows that the current energy crop mix is not good for the environment and recommends a broader mix of crops to reduce environmental impacts, including perennial crops which are not harvested annually like energy grasses or short rotation willow plantations to enhance ecosystem services such as flood prevention and water filtration. Bioenergy is often considered carbon neutral, as the carbon dioxide released in combustion is assumed to be compensated by the CO 2 absorbed during plant growth. However, the research shows that indirect land use change can negate any greenhouse gas savings from biofuel production based on energy crops due to the displacement of crop production onto previously unused land, which can lead to the conversion of forests and savannah to agriculture ultimately harming biodiversity and increasing greenhouse gas emissions. “Bioenergy is an important component of our renewable energy mix, helping to ensure a stable energy supply. But this study highlights the fact that forest biomass and productive land are limited resources, and part of Europe’s ‘natural capital,'” Hans Bruyninckx, EEA executive director, said. “So it is essential that we consider how we can use existing resources efficiently before we impose additional demands on land for energy production.” For more: – download the report Read more: Second gen biofuels most efficient use of EU bioenergy – FierceEnergy http://www.fierceene…0#ixzz2YfQfXVKy Subscribe at FierceEnergy Continue reading
UN Carbon Market Scheme Passes 7000 Project Mark
Last updated on 8 July 2013, 10:07 am By Ed King The world’s largest emissions trading scheme has passed the 7000 project mark, despite continued concerns over its viability and a collapse in carbon prices. The Clean Development Mechanism’s newest project is a biogas capture plant in a Philippine chicken farm, which will reduce emissions by 48,000 tonnes, equivalent to 10,000 cars. The news is welcome boost to the UN, which runs the CDM under the Kyoto Protocol. One thousand new projects have been accepted since February, but certified emission reductions (CERs) prices remain low, having dropped 90% in 2013. Biogas is produced by the anaerobic digestion with bacteria or fermentation of biodegradable materials such as manure, sewage & crops “Despite unfavourable market conditions, the CDM continues to provide a mechanism for real emission reductions and real sustainable development for those who wish to use it,” said Peer Stiansen, Chair of the CDM Executive Board. “The Board will continue its efforts to make the CDM the best tool it can be to reduce emissions and spur development, but Parties must do their part and set ambitious emission reduction targets to incentivize climate action and these types of green growth projects.” The CDM currently operates in 88 developing countries, allowing companies in the industrialised world to invest in emission reducing projects in developing countries and earn carbon credits in the process. Over the past decade the CDM has spurred more than USD 215 billion of low-carbon investment in developing countries, issued credits equal to 1.3 billion tonnes of CO2, and added more than 110,000 Mega Watts of renewable energy to global electricity grids. But with governments setting low emission reduction targets, the demand for credits has collapsed, leading to calls for the market to be saved with a $2.5 billion bailout. Speaking to RTCC two weeks ago, Joan MacNaughton, vice chair of the high-level policy dialogue that reviewed potential solutions to the CDM’s predicament in 2012, said the CDM would likely play a vital role in any global emissions deal agreed in 2015 and needed to be helped. “The fund is a temporary, interim means to ensure we can retain its functionality,” MacNaughton said. “The real solution is in increasing the demand for offset credits and that means higher levels of ambition on emission reductions by the parties and reaching that agreement will take some time. “Until we get an agreement on a new mechanism and higher [mitigation] ambition, then we will be able to take advantage of these projects. “All of this is not about maintaining the market for its own sake. It’s about retaining it as a means to an end, which is reducing greenhouse gases. Without it the wound continues to bleed.” – See more at: http://www.rtcc.org/…h.unadivFg.dpuf Continue reading
Breath Of Life For Europe’s Emissions Scheme
Whether Europe can truly fix its broken emissions trading system remains to be seen, but for now, at least, it isn’t prepared to see the thing die. Instituted in 2005, the Emissions Trading System was intended as a key mechanism for driving down the amount of CO2 that EU countries were spewing into the atmosphere. The idea was that over time, the ceiling would gradually be lowered, in the process allowing market forces to find the best emissions-reducing mechanisms as companies traded permits to release greenhouse gases. But then the Great Recession happened. Slow economic growth (and even retraction) since 2008 has left Europe awash in carbon allowances, with prices too low to incentivize investment in low-carbon technologies. Still, by passing the fix the EU parliament avoided virtually abandoning the system. “Across all continents, Europe’s experience of a market-based system for reducing CO2 emissions is being considered, and seen as a credible option, as most recently in China. We shall not let the ETS be the victim of short-term concerns. Structural reform of our Emissions Trading System will follow to ensure it remains the cornerstone of EU’s climate policy.” Continue reading
