LEGAL STATEMENTS | EN | RU
WHAT IS THE KYOTO PROTOCOL'S CLEAN DEVELOPMENT MECHANISM (CDM) ?
The United Nations Framework Convention on Climate Change (UNFCCC) is the UN institution in charge of coordinating research and measures taken in relation with climate change, and fixes target emissions (measured as the equivalent in carbon dioxide) that a Party may emit over the commitment period in order to comply with its emissions target, known as a Party's Assigned Amount. The Kyoto Protocol sketches out "mechanisms" of how industrialized countries can take stronger and more detailed commitments to reduce greenhouse gas emissions (GHG).
UNFCCC: http://unfccc.int/2860.php
Kyoto Protocol: http://unfccc.int/resource/docs/convkp/kprus.pdf
The Kyoto Procotol proposes three mechanisms: CDM (Clean Development Mechanism), JI (Joint Implementation) and ET (Emission Trading). CDM is between Annex-I countries and non-Annex-I countries while the other two are between Annex-I countries.
So the outputs of the three mechanisms are CERs (Certificated Emission Reductions) from CDM, ERUs (Emission Reduction Units) from JI and AAUs (Assigned Amount Units) from ET. They are all representing GHG reductions but playing different roles in emission trading. For example, CERs need to be transferred into ERUs or AAUs when traded between Annex-I countries.
WHICH GREENHOUSE GASES ARE CONCERNED ?
The object of the Kyoto Protocol is to reduce emissions of six main greenhouse gases, namely:
GAS | SOURCE | Global Warming Potential (GWP) |
---|---|---|
Carbon dioxide (CO2) | Biomass respiration and burning land-use change, energy, transport, industry etc. | 1 |
Methane (CH4) | Energy, landfills, ruminants, waste treatment, rice agriculture, biomass burning etc. | 21 |
Nitrous oxide (N2O) | Transport, industry, livestock and feed, biomass burning etc. | 310 |
Hydrofluorocarbons (HFCs) | Refrigeration and air-conditioning industries, firefighting agents | 140 ~ 11,700 |
Perfluorocarbons (PFCs) | Electronics industry processes | 6,500 ~ 9,200 |
Sulphur hexafluoride (SF6) | Dielectric gas for high voltage applications | 23,900 |
The figure in the last column shows that not all GHGs have the same impact on climate change: Global Warming Potential is the ratio of the warming caused by a substance to the warming caused by a similar mass of carbon dioxide. CFC-12, for example, has a GWP of 8,500, while water has a GWP of zero.
Therefore, implementing a project for the destruction of fluorocarbons will have a terrific positive impact on climate change, and considerably contribute to lowering emissions so as to reach targets.
HOW IS THIS IMPLEMENTED IN PRACTICE ?
Project participants wishing to adopt / register CDM projects have the opportunity to:
VICHEM offers a unique technology projects for the destruction of fluorocarbons based on thermal oxidation. This technology has been approved by the CDM Executive Council No. AM0001. Below there is a link to the website that hosts the document approving the project on thermal oxidation HCF-23 (GWP HCF-23 is 11 700).
http://cdm.unfccc.int/UserManagement/FileStorage/AM0001_version3%20.pdf
In addition, a scientific study "Suitable alternative fluorocarbons in terms of the environment" (full version in English: http://www.afeas.org), shows a trend (full version in English: http://www.afeas.org /production_and_sales.html) to reduce the production of fluorocarbons. Of the ten companies operating in the chemical industry and to participate in this study, three are clients of VICHEM and use our proposed system thermal oxidation of waste fluorinated gases.
WHY IS VICHEM'S TECHNOLOGY THE BEST ONE ?
HFC23 gas is very stable and it is extremely difficult to destroy, and VICHEM has the experience and expertise to solve four main problems associated with the decomposition of HFC23:
WHERE ARE THESE FLUORINATED GASES FOUND ?
HFCs
Designation | Main applications |
---|---|
HFC-23 | - By-products in production of HCFC-22 - Low temperature refrigerants - Firefighting agents |
HFC-32 | Blend component for air conditioning equipment and commercial refrigeration |
HFC-43-10mee | Solvents for special applications |
HFC-125 | - Blend components for conditioning and commercial refrigeration - Firefighting agent |
HFC-134a | - Blend components for mobile and stationary air conditioning, and for domestic refrigerators / freezers - Propellant for extruded polystyrene foams (XPS) |
HFC-143a | Blend components for air conditioning equipment and commercial regrigeration |
HFC-152a | - Propellant for specialised industrial aerosols - Blowing agent component for extruded polystyrene foams (XPSS) |
HFC-227ea | - Propellant for medical aerosols - Firefighting agents |
HFC-236fa | Firefighting agents |
HFC-245fa | - Foam blowing agent for polyurethane (PUR) foams |
HFC-365mfc | - Foam blowing agent for polyurethane (PUR) and phenolic foams - Blend components for solvents |
PFCs
PFC gases and liquids are traditionally used in several electronics industry processes ranging from semiconductor front-end manufacturing, IC-components quality control testing to direct contact dielectric cooling of e.g. power electronics assembly.
SF6
Sulphur hexafluoride (SF6) is an excellent dielectric gas for high voltage applications.
WHAT ARE THE RESULTS AND THEIR FINANCIAL IMPACT ?
The diagramme below shows the evolution of emissions without implementing a project (in red). This is increasing because it takes into consideration the hypothesis of production increase. Then in green is the evolution of emissions when a project is implemented. The light green zone shows the volume of emissions that can be traded. It stops in 2012 because the current scheme only is valid until 2012, it will very soon be discussed of how the scheme will evolve after 2012.
This shows the amount that can therefore be gained per year by trading:
Emission credits x GWP x Market price
In private enterprise, emissions trading is very attractive because it does not harm industrial concerns, or require government subsidies. When the price per ton of emissions becomes high enough, well-managed polluting enterprises can make a rational decision to invest in pollution control equipment, and sell part of their emissions licenses.