presentation - International Emissions Trading Association

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Challenge for a global aviation or maritime market based measure Legal basis – new treaty required? Decision making must all 190 ICAO / 170 IMO states agree by consensus? how would updates/improvements be agreed? How long to ratify? (average in IMO is 7 years) Scope – which activities included? traffic from all countries? Coverage – CO 2 only or all climate impacts? Taxation or cap and trade? Does ‘on the ground’ implementation capacity exist? Role of UN bodies relative to States European Commission: 16
Design issues with a global emissions trading system - 1 Upstream or downstream? Open to allowances/offsets from other sectors? which ones? how to manage linking? Price caps / floors How to allocate allowances? Auctioning? Benchmarking? Use of revenues Maintaining environmental integrity ensuring harmonised MRV Enforcement would all states enforce in the same way? effective sanctions and penalties Harmonised registry European Commission: 17
Page 1 and 2: IETA workshop “Cost effective car
Page 3 and 4: Cancun Agreement - questions Fast
Page 5 and 6: Scale of shipping emissions Scenari
Page 7 and 8: Even with a range of policy measure
Page 9 and 10: Market Barriers to cost effective a
Page 11 and 12: IMO Energy Efficient Design Index (
Page 13 and 14: Global action - difficult to progre
Page 15: Global action - difficult to progre
Page 19 and 20: Ways towards global measures Top-d
Page 21 and 22: Aviation in the EU ETS Significant
Page 23 and 24: EU policy towards maritime transpor
Page 25 and 26: Scope of action - maritime Which g
Page 27 and 28: Regional action -/+ - Less emissio
Page 29 and 30: EU action stimulating broader actio

presentation - International Emissions Trading Association

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