How Realistic is the Carbon Emission Reduction Target (CERT)?

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How Realistic Are the CERT                                         Pitelis, Alkis – Theonas

                

Table of Contents

  1. Introduction

  1. Climate Change

Carbon dioxide (), after the industrial revolution has risen by approximately one third. Since 1990, temperatures globally have risen by 0.2 ۫C and the  concentrations in the atmosphere have increased from 354 parts per million to 380 parts per million and still increasing. Note that the ten warmest years globally since 1861 (when formal recording begun) occurred after 1994. If no action is taken, average temperatures globally could increase by 5.8 ۫C by 2100 and sea levels from 0.09 to 0.88 meters. Millions of people will be exposed to hunger, clean water loss, flooding and diseases with people in the developing countries being more at risk. Low-lying areas, wetlands and small islands will be vulnerable from sea-level rise which could cause even extinction. Take for example Bangladesh; a sea level rise of 45cm could result in 10% of the total land area being lost. Even developed countries will be affected. In UK, increased sea levels could threaten communities by the sea. Storms and severe weather conditions could have high costly impacts like the floods in the autumn of 2000 which cost UK 1 billion pounds. A recent report by the Institution of Mechanical Engineers claimed that if no action is taken, sea levels will increase by 7 meters by 2250, flooding much of London, East Anglia and other coastal areas. In the same report it is stated that “Our climate is changing so unless we adapt, we are likely to face a difficult future”

  1. The Kyoto Protocol

Kyoto protocol is a set of international courtesy rules to the United Nations Framework Convention on Climate Change (UNFCCC). It was produced at the United Nations Conference in 1997 and its main objective is the “stabilization of greenhouse gas concentrations in the atmosphere at a level that would prevent dangerous anthropogenic interference with the climate system” i.e. to prevent climate change. Other objectives include:

  • Establishing commitments for minimizing the greenhouse gases that are legally binding for Annex I countries, as well as general commitments for all member countries.
  • Annex I countries are required to prepare policies and measures for the minimization of greenhouse gases in their respective countries. They are also required to increase the absorption of these gases and utilize all mechanisms available.
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  • Establish an adaptation fund for climate change in order to reduce any impacts on developing countries.
  • Establish a Compliance Committee to make compulsory compliance with the commitments under the Protocol.
  1. The 2050 Target

United Kingdom’s government introduced a target which aims at reducing carbon emissions as well as relieving fuel poverty.  In 2003 Energy White Paper UK introduced a target in order to avoid dangerous climate changes. According to this target, UK should reduce greenhouse gas emissions by 80% from the 1990’s level (77% lower than 2005 levels) by 2050. This target includes all sectors of the UK economy, ...

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