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Can we agree on a fair and equitable Carbon Price ?

 2 Comments- Add comment Written on 01-Oct-2009 by panokroko

 The EP is in Bangkok attending the UN meetings and supports the
process of a just Carbon Pricing and a Climate agreement. For a
comprehensive global agreement to be reached in Copenhagen, this
December, the priority should be to agree on the essential basic
elements for a carbon emissions deal:

 - Measure and reward with equitable Carbon pricing the Natural Earth
 Ecosystems of forests, wilderness, national parklands  and rainforests
 as Carbon Sinks.
 - Binding emission reductions for all industrialised countries based
 on energy intensity reductions greater than 3% per year and just
 carbon pricing for energy use.
 - Measurable, committed and appropriate change action by developing
 countries to limit emissions and reduce energy intensity.
 - Reduce intensity of energy globally and enact framework for action
 on renewable alternative energy and adaptation to climate change.
 - Reduce deforestation, forest degradation and promote sustainable
 forest management in all regions and especially the tropics.
 - Account for agricultural biomass burning and update accounting rules
 for changes in emissions, due to land-use changes & forestry.
 - Expand international carbon markets to generate financial support
 for developing countries and promote cost-effective emission cuts.
 - Desubsidize the entire energy sector so all energies compete on
merit and honest prices.
- Provide international finance to developing  countries to supplement
 financial flows from the carbon market and domestic investment.
- Create Personal Carbon allocations for capital flows and Technology
transfer cooperation and funding to accelerate development of a
global low-carbon  economy.

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zebra1 wrote:
16-Oct-2009 - 16:09

Global temperature has not risen for about a decade though it is 0.8 degrees Celsius warmer than in 1900 and about the same level above the probable average global ,temperaturte since the end of the last ice age. Just over half a degree Celsius of this rise in temperature occurred between 1976 and 1998.

However global temperatures are likely to surge in the next few years according to the Met Office and will be 3 degrees Celsius above the present level by 2055 if there is a business as usual situation over the next few decades.

To prevent dangerous climate change it is probably necessary to stabilise greenhouse gas emissions not much above their present level and then they need to fall. If this does not happen humanity willbe largely wiped out.

A carbon price of about £100 per tonnee of carbon is probably necessary to really force down emissions. This is not high enough to cause a total stop to emissions but is enough to force it to be used sparingly and only for essentials.

A £100 per tonne of carbon wil lbe a useful start to cutting carbon emissions.

John B Davies personal



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