Carbon Pollution Reduction Scheme
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Carbon Pollution Reduction Scheme
The Carbon Pollution Reduction Scheme (or CPRS) was a cap-and-trade emissions trading scheme for anthropogenic greenhouse gases proposed by the Rudd government, as part of its climate change policy, which had been due to commence in Australia in 2010. It marked a major change in the energy policy of Australia. The policy began to be formulated in April 2007, when the federal Labor Party was in Opposition and the six Labor-controlled states commissioned an independent review on energy policy, the Garnaut Climate Change Review, which published a number of reports. After Labor won the 2007 federal election and formed government, it published a Green Paper on climate change for discussion and comment. The Federal Treasury then modelled some of the financial and economic impacts of the proposed CPRS scheme. The Rudd government published a final White Paper on 15 December 2008, and announced that legislation was intended to take effect in July 2010; but the legislation for the CPRS ...
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2013 Australian Federal Election
The 2013 Australian federal election to elect the members of the 44th Parliament of Australia took place on 7 September 2013. The centre-right Liberal/National Coalition opposition led by Opposition leader Tony Abbott of the Liberal Party of Australia and Coalition partner the National Party of Australia, led by Warren Truss, defeated the incumbent centre-left Labor Party government of Prime Minister Kevin Rudd in a landslide. Labor had been in government for six years since being elected in the 2007 election. This election marked the end of the Rudd-Gillard-Rudd Labor government and the start of the 9 year long Abbott-Turnbull-Morrison Liberal-National Coalition government. Abbott was sworn in by the Governor-General, Quentin Bryce, as Australia's new Prime Minister on 18 September 2013, along with the Abbott Ministry. The 44th Parliament of Australia opened on 12 November 2013, with the members of the House of Representatives and territory senators sworn in. The state senator ...
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Minerals Council Of Australia
The Minerals Council of Australia (MCA) is an industry association, notable for representing companies that generate most of Australia's mining output. The MCA was founded in 1995, succeeding the Australian Mining Industry Council which was established in 1960. It is unrelated to the former Australian Minerals Council, which was established in 1946 as an intergovernmental forum between state and federal government ministers. Activities In an effort to integrate sustainability concepts into the mining industry members of the Council must release sustainability reports. Annual reports into the mining industry's safety and health performance data are published to encourage continuous improvement. The Minerals Council is an associate member of the World Coal Association. It has opposed climate movement campaigns seeking to persuade companies, universities and others to divest from coal and other fossil fuels. Lobbying The Minerals Council spent $15.78 million on advertising oppo ...
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Avoiding Dangerous Climate Change
In 2005, an international conference titled Avoiding Dangerous Climate Change: A Scientific Symposium on Stabilisation of Greenhouse Gases examined the link between atmospheric greenhouse gas concentration and global warming and its effects. The conference name was derived from Article 2 of the charter for the United Nations Framework Convention on Climate Change The conference explored the possible impacts at different levels of greenhouse gas emissions and how the climate might be stabilized at a desired level. The conference took place under the United Kingdom's presidency of the G8, with the participation of around 200 "internationally renowned" scientists from 30 countries. It was chaired by Dennis Tirpak and hosted by the Hadley Centre for Climate Prediction and Research in Exeter, from 1 February to 3 February. The conference was one of many meetings leading up to the 2015 Paris Agreement, at which the international community agreed to limit global warming to no mo ...
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Forest Degradation
Forest degradation is a process in which the biological wealth of a forest area is permanently diminished by some factor or by a combination of factors. "This does not involve a reduction of the forest area, but rather a quality decrease in its condition. "The forest is still there, but with fewer trees, or less species of trees, plants or animals, or some of them affected by plagues. This degradation makes the forest less valuable and may lead to deforestation. Forest degradation is a type of the more general issue of land degradation. Deforestation and forest degradation continue to take place at alarming rates, which contributes significantly to the ongoing loss of biodiversity. Since 1990, it is estimated that some 420 million hectares of forest have been lost through conversion to other land uses, although the rate of deforestation has decreased over the past three decades. Between 2015 and 2020, the rate of deforestation was estimated at 10 million hectares per year, down f ...
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Clean Development Mechanism
The Clean Development Mechanism (CDM) is a United Nations-run carbon offset scheme allowing countries to fund greenhouse gas emissions-reducing projects in other countries and claim the saved emissions as part of their own efforts to meet international emissions targets. It is one of the three Flexible Mechanisms defined in the Kyoto Protocol. The CDM, defined in Article 12 of the Protocol, was intended to meet two objectives: (1) to assist non- Annex I countries (predominantly developing nations) achieve sustainable development and reduce their carbon footprints; and (2) to assist Annex I countries (predominantly industrialized nations) in achieving compliance with their emissions reduction commitments ( greenhouse gas emission caps). The CDM addressed the second objective by allowing the Annex I countries to meet part of their emission reduction commitments under the Kyoto Protocol by buying Certified Emission Reduction units from CDM emission reduction projects in developing ...
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Emissions Trading Scheme
Emissions trading is a market-based approach to controlling pollution by providing economic incentives for reducing the emissions of pollutants. The concept is also known as cap and trade (CAT) or emissions trading scheme (ETS). Carbon emission trading for and other greenhouse gases has been introduced in China, the European Union and other countries as a key tool for climate change mitigation. Other schemes include sulfur dioxide and other pollutants. In an emissions trading scheme, a central authority or governmental body allocates or sells a limited number (a "cap") of permits that allow a discharge of a specific quantity of a specific pollutant over a set time period. Polluters are required to hold permits in amount equal to their emissions. Polluters that want to increase their emissions must buy permits from others willing to sell them. Emissions trading is a type of flexible environmental regulation that allows organizations and markets to decide how best to meet policy t ...
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Intergovernmental Panel On Climate Change
The Intergovernmental Panel on Climate Change (IPCC) is an intergovernmental body of the United Nations. Its job is to advance scientific knowledge about climate change caused by human activities. The World Meteorological Organization (WMO) and the United Nations Environment Programme (UNEP) established the IPCC in 1988. The United Nations endorsed the creation of the IPCC later that year. It has a secretariat in Geneva, Switzerland, hosted by the WMO. It has 195 member states who govern the IPCC. The member states elect a bureau of scientists to serve through an assessment cycle. A cycle is usually six to seven years. The bureau selects experts to prepare IPCC reports. It draws the experts from nominations by governments and observer organisations. The IPCC has three working groups and a task force, which carry out its scientific work. The IPCC informs governments about the state of knowledge of climate change. It does this by examining all the relevant scientific literature ...
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Economics Of Climate Change Mitigation
The economics of climate change mitigation is the part of the economics of climate change related to climate change mitigation, that is actions that are designed to limit the amount of long-term climate change. Mitigation may be achieved through the reduction of greenhouse gas (GHG) emissions and the enhancement of sinks that absorb GHGs, for example forests. Public good issues The atmosphere is an international public good and GHG emissions are an international externality. A change in the quality of the atmosphere does not affect the welfare of all individuals and countries equally. Heterogeneity GHG emissions are unevenly distributed around the world, as are the potential impacts of climate change. Nations with higher than average emissions that face potentially small negative/positive climate change impacts have little incentive to reduce their emissions. Nations with relatively low levels of emissions that face potentially large negative climate change impacts have ...
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Carbon Price
Carbon pricing (or pricing), also known as cap and trade (CAT) or emissions trading scheme (ETS), is a method for nations to reduce global warming. The cost is applied to greenhouse gas emissions in order to encourage polluters to reduce the combustion of coal, oil and gas – the main driver of climate change. The method is widely agreed and considered to be efficient. Carbon pricing seeks to address the economic problem that emissions of and other greenhouse gases (GHG) are a negative externality – a detrimental product that is not charged for by any market. A carbon price usually takes the form of a carbon tax or carbon emission trading, a requirement to purchase allowances to emit. 21.7% of global GHG emissions are covered by carbon pricing in 2021, a major increase due to the introduction of the Chinese national carbon trading scheme. Regions with carbon pricing include most European countries and Canada. On the other hand, top emitters like India, Russia, the Gulf ...
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Greenhouse Gas Emissions
Greenhouse gas emissions from human activities strengthen the greenhouse effect, contributing to climate change. Most is carbon dioxide from burning fossil fuels: coal, oil, and natural gas. The largest emitters include coal in China and large oil and gas companies, many state-owned by OPEC and Russia. Human-caused emissions have increased atmospheric carbon dioxide by about 50% over pre-industrial levels. The growing levels of emissions have varied, but it was consistent among all greenhouse gases (GHG). Emissions in the 2010s averaged 56 billion tons a year, higher than ever before. Electricity generation and transport are major emitters; the largest single source, according to the United States Environmental Protection Agency, is transportation, accounting for 27% of all USA greenhouse gas emissions. Deforestation and other changes in land use also emit carbon dioxide and methane. The largest source of anthropogenic methane emissions is agriculture, closely followed by ...
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