THE IMPACTS OF CREDIT CARBON DEMAND UPON CERTIFIED EMISSION REDUCTIONS MARKET IN BRAZIL
- Authors
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Maria Fernanda C. de Lima Santin
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Augusto Mussi Alvim
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- Keywords:
- Meio ambiente, Aquecimento terrestre
- Abstract
- The main objective of this study is to estimate the size of the potential market of Certified Emission Reductions, CERs, as defined by Kyoto Protocol, for the period of 2008 to 2012. Based on this estimate, the effects caused by the increase of the demand of the CREs in possible scenes are evaluated. The methodology used, called Kaya Identity, consists of the emission calculation derived from factors such as the evolution of per capita income, the population growth, the energy intensity, and the intensity of carbon dioxide in scenes that try to get the adoption of less potential polluting technologies. The paper is also concerned, first, with discussing aspects of Kyoto Protocol and the necessary methodology for the implantation of a project of Clean Development Mechanism, CDM; and with the identification of promising activities in Brazil. The main conclusion is that there is a possibility of significant financial profits, allied to the environment conservation. It was evident the importance of having public politics that stimulates the investment in CDM so that the Country can fully participate in the worldwide market as a supplier of Certified Emission Reductions and also implement a climatic change policy.
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- Published
- 2008-11-04
- Issue
- Vol. 29 No. 2 (2008)
- Section
- Artigos
- License
- A remessa dos artigos à revista implica a cessão dos direitos autorais à FEE.