logging in or signing up regional greenhouse gas initiative Pumbaa Download Post to : URL : Related Presentations : Share Add to Flag Embed Email Send to Blogs and Networks Add to Channel Uploaded from authorPOINTLite Insert YouTube videos in PowerPont slides with aS Desktop Copy embed code: (To copy code, click on the text box) Embed: URL: Thumbnail: WordPress Embed Customize Embed The presentation is successfully added In Your Favorites. Views: 145 Category: Entertainment License: All Rights Reserved Like it (0) Dislike it (0) Added: September 28, 2007 This Presentation is Public Favorites: 0 Presentation Description No description available. Comments Posting comment... By: vodinhlong (24 month(s) ago) I would like to download this ppt Saving..... Post Reply Close Saving..... Edit Comment Close Premium member Presentation Transcript Regional Greenhouse Gas Initiative: States Progress on Nation’s First Carbon Cap-and-Trade Program : Regional Greenhouse Gas Initiative: States Progress on Nation’s First Carbon Cap-and-Trade Program Franz Litz Climate Change Policy Coordinator New York State Department of Environmental Conservation Slide2: A Note on the Science Understanding What’s at Stake for New York Brief Background on RGGI Latest RGGI News: Allocations Overview Climate Science: Climate Science We know enough to act now Joint National Academies of Science Statement June 2005: “The scientific understanding of climate change is now sufficiently clear to justify nations taking prompt action.” Joint National Academies of Science Statement June 2005 Climate Impacts: Climate Impacts Understanding What’s at StakeSlide6: Visit http://www.northeastclimateimpacts.org/ Slide7: The warming is already evident: Annual average temp up 2°F since 1970; Winter average temp up 4°F since 1970. This temperature increase is correlated to already observed changes in our region’s climate Changes projected for the future are more dramatic. A Changed Northeast Climate Slide8: Fewer Days with Snow CoverRegional Greenhouse Gas Initiative: The Nation’s First Mandatory Cap-and-Trade Program for Carbon Dioxide Launch Date: Jan. 1, 2009 Regional Greenhouse Gas InitiativeBackground : April 2003 Invitation 3 Year Design Process December 2005 Memorandum of Understanding (7 States) Model Rule Complete MD & MA to Join Background The Region at a Glance: 39.4 million people—(13% of US Population) 9% of U.S. Emissions 11th largest emitter in the world $1.8 trillion economy (15% of U.S.) The Region at a GlanceSlide13: Stabilize emissions at current levels through 2014; then reduce by 10% by 2019 ~13% below 1990 levels ~35% below business as usual Reduction Requirements Slide14: Firing Biomass/Biofuel a “control” method Offsets “Valve” Offsets—5 Initial Types: Natural Gas, Propane, Heating Oil Efficiency; Land to Forest; Landfill Gas Capture & Combustion; Methane Capture from Animal Operations; & SF6 Leak Prevention. Recognition of International Currencies RGGI Innovations Slide15: Allocations States agreed to propose minimum 25% public benefit allocation in MOU New York proposal—100% auction Deregulation means consumers bear cost of allowances even if they are given to generators at no cost Benefits of program will inure to the consumers through investments in energy efficiency and clean energy technology Vermont will also do 100% auction; Others? RGGI Innovations Slide16: Emissions Market Drives Creative Solutions Carbon price will promote: reduction in fossil fuel consumption non-emitting electric generation development of abatement technologies innovation yet unknown Slide17: Complete RGGI Implementation Bring Maryland On Bring Massachusetts On Add Additional States—RI, PA? Link to California? Others in West Coast AZ, NM, OR, WA? Address Imports of Electricity RGGI Next Steps Slide18: MOU among RGGI States Welcomes Participation by Additional States RGGI + California = 24% of U.S. Population 28% of U.S. Economy 3rd Largest World Economy 15% of U.S. Emissions 6th Largest Emitter Worldwide RGGI + California Slide19: Franz Litz Climate Change Policy Coordinator NY Dept. of Environmental Conservation ftlitz@gw.dec.state.ny.us You do not have the permission to view this presentation. In order to view it, please contact the author of the presentation.
regional greenhouse gas initiative Pumbaa Download Post to : URL : Related Presentations : Share Add to Flag Embed Email Send to Blogs and Networks Add to Channel Uploaded from authorPOINTLite Insert YouTube videos in PowerPont slides with aS Desktop Copy embed code: (To copy code, click on the text box) Embed: URL: Thumbnail: WordPress Embed Customize Embed The presentation is successfully added In Your Favorites. Views: 145 Category: Entertainment License: All Rights Reserved Like it (0) Dislike it (0) Added: September 28, 2007 This Presentation is Public Favorites: 0 Presentation Description No description available. Comments Posting comment... By: vodinhlong (24 month(s) ago) I would like to download this ppt Saving..... Post Reply Close Saving..... Edit Comment Close Premium member Presentation Transcript Regional Greenhouse Gas Initiative: States Progress on Nation’s First Carbon Cap-and-Trade Program : Regional Greenhouse Gas Initiative: States Progress on Nation’s First Carbon Cap-and-Trade Program Franz Litz Climate Change Policy Coordinator New York State Department of Environmental Conservation Slide2: A Note on the Science Understanding What’s at Stake for New York Brief Background on RGGI Latest RGGI News: Allocations Overview Climate Science: Climate Science We know enough to act now Joint National Academies of Science Statement June 2005: “The scientific understanding of climate change is now sufficiently clear to justify nations taking prompt action.” Joint National Academies of Science Statement June 2005 Climate Impacts: Climate Impacts Understanding What’s at StakeSlide6: Visit http://www.northeastclimateimpacts.org/ Slide7: The warming is already evident: Annual average temp up 2°F since 1970; Winter average temp up 4°F since 1970. This temperature increase is correlated to already observed changes in our region’s climate Changes projected for the future are more dramatic. A Changed Northeast Climate Slide8: Fewer Days with Snow CoverRegional Greenhouse Gas Initiative: The Nation’s First Mandatory Cap-and-Trade Program for Carbon Dioxide Launch Date: Jan. 1, 2009 Regional Greenhouse Gas InitiativeBackground : April 2003 Invitation 3 Year Design Process December 2005 Memorandum of Understanding (7 States) Model Rule Complete MD & MA to Join Background The Region at a Glance: 39.4 million people—(13% of US Population) 9% of U.S. Emissions 11th largest emitter in the world $1.8 trillion economy (15% of U.S.) The Region at a GlanceSlide13: Stabilize emissions at current levels through 2014; then reduce by 10% by 2019 ~13% below 1990 levels ~35% below business as usual Reduction Requirements Slide14: Firing Biomass/Biofuel a “control” method Offsets “Valve” Offsets—5 Initial Types: Natural Gas, Propane, Heating Oil Efficiency; Land to Forest; Landfill Gas Capture & Combustion; Methane Capture from Animal Operations; & SF6 Leak Prevention. Recognition of International Currencies RGGI Innovations Slide15: Allocations States agreed to propose minimum 25% public benefit allocation in MOU New York proposal—100% auction Deregulation means consumers bear cost of allowances even if they are given to generators at no cost Benefits of program will inure to the consumers through investments in energy efficiency and clean energy technology Vermont will also do 100% auction; Others? RGGI Innovations Slide16: Emissions Market Drives Creative Solutions Carbon price will promote: reduction in fossil fuel consumption non-emitting electric generation development of abatement technologies innovation yet unknown Slide17: Complete RGGI Implementation Bring Maryland On Bring Massachusetts On Add Additional States—RI, PA? Link to California? Others in West Coast AZ, NM, OR, WA? Address Imports of Electricity RGGI Next Steps Slide18: MOU among RGGI States Welcomes Participation by Additional States RGGI + California = 24% of U.S. Population 28% of U.S. Economy 3rd Largest World Economy 15% of U.S. Emissions 6th Largest Emitter Worldwide RGGI + California Slide19: Franz Litz Climate Change Policy Coordinator NY Dept. of Environmental Conservation ftlitz@gw.dec.state.ny.us