terms of reference tor # mempcj201006037re - Petroleum ...

Wind energy generation WWFL & JPS 34,532 36,804
Fuel woods – includes local coal and
charcoal use
Biofuels Use for Transport
-Bioethanol & Biodiesel
MEM 1,001,000 1,058,000
Petrojam 0 204,437
TOTAL (Boe) 1,679,807 1,861,246
2.4 CARBON EMISSIONS CONSIDERATIONS
The increase in climate change events has been linked to the effects of fossil fuel driven
industrialization.
The rise in global temperatures, combined with severe weather
conditions, floods and droughts are forcing policy makers to consider reducing their
carbon footprints. The Clean Development Mechanism (CDM) provides incentives to
countries that take steps to reduce their emission levels, under the guidelines of the
United Nations Framework Convention on Climate Change (UNFCCC).
The Office of Disaster Preparedness and Emergency Management (ODPEM) has
indicated that the impact of natural disasters on Jamaica over the past decade has resulted
in total damage estimates of about J$87,481 Million (US$994 Million), an annual average
of J$9,720 Million (US$110 Million). Most of these costs relate to hurricanes (e.g.
Charley, Ivan, Dennis, Emily, Wilma and Dean), while other costs relate to severe rain
storms and flooding.
The Ministry of Energy and Mining has drafted a Carbon Trading Policy which outlines
the framework for project development. The PCJ has initiated a hydropower programme
of activities for registration with the CDM Board, through the executing agency, MEM.
2.5 JAMAICA’S HYDROPOWER DEVELOPMENT OPPORTUNITIES
Jamaica has over one hundred (100) rivers, several of which are suitable for hydropower
development. The energy from eight existing hydropower generating run-of-the-river
plants, which are currently owned and operated by JPS, provides about 140,000 MWh of
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