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A Critical Conversation on Climate Change ... - Green Choices

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282 development dialogue september 2006 – carb<strong>on</strong> tradingnot treating the Yala project as a step away from fossil fuels, there isthe fact that they had originally planned to build the power plantwithout any carb<strong>on</strong> finance at all. It is <strong>on</strong>ly since the depths of theThai financial crisis, in 1998, that they have c<strong>on</strong>templated securingsupplementary funding through carb<strong>on</strong> trading. 126 Encouragingthem to develop the idea have been subsidies from Thailand’sEnergy Policy and Planning Office’s Energy C<strong>on</strong>servati<strong>on</strong> Promoti<strong>on</strong>Fund 127 as well as porti<strong>on</strong>s of both a usd 30 milli<strong>on</strong> OECF loan undera 1999 five-year Global Envir<strong>on</strong>mental Facility (GEF) project and aGEF outlay of usd 3 milli<strong>on</strong> toward commercial risk premiums. 128But if the point of the Yala project is to help keep corporati<strong>on</strong>s using fossil fuels,how can the credits it generates possibly be tokens of measurable climate benefi ts?The project’s prop<strong>on</strong>ents claim that it would save a measurable amountof carb<strong>on</strong> by ‘replacing’ some of the electricity in the Thai grid that’snow generated by burning fossil fuels.How do they know that the plant would do that?The validator, DNV, realised it had no way of determining that thenew project’s power would be replacing either combined-cycle naturalgas or oil-fuel electricity in the nati<strong>on</strong>al grid. 129 It was also told byThailand’s electricity authority that it was ‘often a mistake to see adirect link of displacement between an increase in <strong>on</strong>e comp<strong>on</strong>ent ofthe grid and a reducti<strong>on</strong> in another’. So DNV looked at the ‘average’carb<strong>on</strong> intensity of electricity from the Thai grid. It then subtractedthe figure corresp<strong>on</strong>ding to the projected carb<strong>on</strong> intensity of electricityfrom the project and multiplied that by the project’s output. DNVargued that the resulting figure is c<strong>on</strong>servative, since expansi<strong>on</strong> plansby the Thai electricity authority featured a ‘higher carb<strong>on</strong> intensityLeaders of the movementthat defeated the proposalfor a coal-fired power plantat Bo Nok <strong>on</strong> the Gulf ofThailand meet the press in2004. The proposed powerplant was a project of GulfElectric, a firm that hopesto gain carb<strong>on</strong> finance fora joint venture biomassplant using rubberwoodwaste. Jinthana Kaewkhaaw(right), a local villager with afourth-grade educati<strong>on</strong>, wasawarded an h<strong>on</strong>orary Ph. D.from Thailand’s alternativeMidnight University for hertireless efforts against the BoNok plant. Galok Wat-Aksorn(left) is the widow of anotherlocal leader, Charoen Wat-Aksorn (pictured <strong>on</strong> her T-shirt), who was murdered overa land dispute c<strong>on</strong>nectedwith the struggle. The leaderswere voicing their supportfor another movementfurther south battling againstthe establishment of a gaspipeline and gas crackingplant that encroaches <strong>on</strong>Muslim wakaf comm<strong>on</strong>land and degrades the localenvir<strong>on</strong>ment. The allianceof the two movements, <strong>on</strong>ecomposed of mainly Buddhistvillagers, the other composedof mainly Muslims, defiesgovernment attempts to pitThailand’s majority Buddhistcommunity against Muslims inthe south of the country.

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