Authors / CoAuthors
Dixon, T. | Leamon, G. | Zakkour, P. | Warren, L.
Abstract
The decision at the 2011 United Nations climate change meeting in Durban to accept CCS as a CDM project activity was truly historic and long overdue. The United Nations Clean Development Mechanism (CDM) allows emission reduction projects in developing countries to earn certified emission reduction (CER) credits, each equivalent to one tonne of CO2. CERs can be traded and sold, and used by developed countries to meet part of their emission reduction targets under the Kyoto Protocol. The intention of the mechanism is to stimulate sustainable development and emission reductions, while providing developed countries with some flexibility in how they achieve their emission reduction targets. The CDM allows developed countries to invest in emission reductions at lowest cost. Since its inception, the CDM has been identified as a means to reduce the cost of CCS projects and so initiate more projects. After five years of negotiations to get CCS accepted as a CDM project activity, the Cancun Decision (2010) put in place a work program to address issues of general concern before CCS could be included in the CDM. The 2010 work program consisted of submissions, a synthesis report, a technical workshop, and concluded with the UNFCCC Secretariat producing draft 'modalities and procedures' describing comprehensive requirements for CCS projects within the CDM. This twenty page 'rulebook' provided the basis for negotiations in Durban. The challenging negotiations, lasting over 32 hours, concluded on 9th December, 2012, with Parties agreeing to the text specifying the modalities and procedures for CCS as CDM project activities. The provisions of the Durban Decision (2011) cover a range of technical issues including site selection and characterisation, risk and safety assessment, monitoring, liabilities, verification and certification, environmental and social impact assessments, responsibilities for non-permanence, and timing of the CDM-project end. etc
Product Type
nonGeographicDataset
eCat Id
73416
Contact for the resource
Custodian
Point of contact
Cnr Jerrabomberra Ave and Hindmarsh Dr GPO Box 378
Canberra
ACT
2601
Australia
Keywords
-
- External PublicationConference Paper
- ( Theme )
-
- greenhouse gas emissions
- ( Theme )
-
- geological storage of CO2
- ( Theme )
-
- climate
- Australian and New Zealand Standard Research Classification (ANZSRC)
-
- Earth Sciences
-
- Published_Internal
Publication Date
2012-01-01T00:00:00
Creation Date
Security Constraints
Legal Constraints
Status
Purpose
Maintenance Information
unknown
Topic Category
geoscientificInformation
Series Information
Lineage
Unknown
Parent Information
Extents
Reference System
Spatial Resolution
Service Information
Associations
Downloads and Links
Source Information
Source data not available.