Progress report on longitudinal and cross-sectional study of carbon disclosure strategies: evidence from UK listed companies

Global warming has attracted attention from all over the world and led to the concern about carbon emission. Kyoto Protocol, as the first major international regulatory emission trading scheme, was introduced in 1997 and outlined the strategies for reducing carbon emission (Ratnatunga et al., 2011). As the increased interest in carbon reduction the Protocol came into force in 2005, currently there are already 191 nations ratifying the Protocol(UNFCCC, 2012). Under the cap-and-trade schemes, each company has its carbon emission target. When company’s carbon emission exceeds the target the company will either face fines or buy emission allowance from other companies. Thus unlike most of the other social and environmental issues carbon emission could trigger cost for companies in introducing low-emission equipment and systems and also emission allowance cost when they emit more than their targets. Despite the importance of carbon emission to companies, carbon emission reporting is still operating under unregulated environment and companies are only required to disclose when it is material either in value or in substances (Miller, 2005, Deegan and Rankin, 1997). Even though there is still an increase in the volume of carbon emission disclosures in company’s financial reports and stand-alone social and environmental reports to show their concern of the environment and also their social responsibility (Peters and Romi, 2009), the motivations behind corporate carbon emission disclosures and whether carbon disclosures have impact on corporate environmental reputation and financial performance have not yet to explore. The problems with carbon emission lie on both the financial side and non-financial side of corporate governance. On one hand corporate needs to spend money in reducing carbon emission or paying penalties when they emit more than allowed. On the other hand as the public are more interested in environmental issues than before carbon emission could also impact on the image of corporate regarding to its environmental performance. The importance of carbon emission issue are beginning to be recognized by companies from different industries as one of the critical issues in supply chain management (Lee, 2011) and 80% of companies analysed are facing carbon risks resulting from emissions in the companies’ supply chain as shown in a study conducted by the Investor Responsibility Research Centre Institute for Corporate Responsibility (IRRCI) and over 80% of the companies analysed found that the majority of greenhouse gas (GHG) emission are from electricity and other direct suppliers (Trucost, 2009). The review of extant literature shows the increased importance of carbon emission issues and the gap in the study of carbon reporting and disclosures and also the study which links corporate environmental reputation and corporate financial performance with carbon reporting (Lohmann, 2009a, Ratnatunga and Balachandran, 2009, Bebbington and Larrinaga-Gonzalez, 2008). This study would focus on investigating the current status of UK carbon emission disclosures, the determinant factors of corporate carbon disclosure, and the relationship between carbon emission disclosures and corporate environmental reputation and financial performance of UK listed companies from 2004-2012 and explore the explanatory power of classical disclosure theories.

O potencial da agroenergia no Brasil na mitigação do clima: histórico jurídico

Pós-graduação em Agronomia (Energia na Agricultura) - FCA

O Protocolo de Kyoto: a União Européia na liderança do regime de mudanças climáticas

Coordenação de Aperfeiçoamento de Pessoal de Nível Superior (CAPES)

An Assessment Of The Economic Impact Of Climate Change On The Transportation Sector In Montserrat

.--I. Introduction.--II. Literature review regarding climate change impacts on international transportation.--III. Economy of the Caribbean subregion and Monserrat.--IV. The international transportaion system in the Caribbean and in Monserrat.--V. Vulnerabilities of international transport system in Monserrat to climate change.--VI. Modelling.-- VII. Economic impact analysis of climate chage on the international transport.-- VIII. Approaches to mitigation and adaptation in the air and sea transportation sectors.-- IX. Conclusions

El análogo natural de almacenamiento y escape de Co2 de la cuenca de Gañuelas-Mazarrón : implicaciones para el comportamiento y la seguridad de un almacenamiento de Co2 en estaso supercrítico

El aumento de la temperatura media de la Tierra durante el pasado siglo en casi 1 ºC; la subida del nivel medio del mar; la disminución del volumen de hielo y nieve terrestres; la fuerte variabilidad del clima y los episodios climáticos extremos que se vienen sucediendo durante las ultimas décadas; y el aumento de las epidemias y enfermedades infecciosas son solo algunas de las evidencias del cambio climático actual, causado, principalmente, por la acumulación de gases de efecto invernadero en la atmósfera por actividades antropogénicas. La problemática y preocupación creciente surgida a raíz de estos fenómenos, motivo que, en 1997, se adoptara el denominado “Protocolo de Kyoto” (Japón), por el que los países firmantes adoptaron diferentes medidas destinadas a controlar y reducir las emisiones de los citados gases. Entre estas medidas cabe destacar las tecnologías CAC, enfocadas a la captura, transporte y almacenamiento de CO2. En este contexto se aprobó, en octubre de 2008, el Proyecto Singular Estratégico “Tecnologías avanzadas de generación, captura y almacenamiento de CO2” (PSE-120000-2008-6), cofinanciado por el Ministerio de Ciencia e Innovación y el FEDER, el cual abordaba, en su Subproyecto “Almacenamiento Geológico de CO2” (PSS-120000-2008-31), el estudio detallado, entre otros, del Análogo Natural de Almacenamiento y Escape de CO2 de la cuenca de Ganuelas-Mazarrón (Murcia). Es precisamente en el marco de dicho Proyecto en el que se ha realizado este trabajo, cuyo objetivo final ha sido el de predecir el comportamiento y evaluar la seguridad, a corto, medio y largo plazo, de un Almacenamiento Geológico Profundo de CO2 (AGP-CO2), mediante el estudio integral del citado análogo natural. Este estudio ha comprendido: i) la contextualización geológica e hidrogeológica de la cuenca, así como la investigación geofísica de la misma; ii) la toma de muestras de aguas de algunos acuíferos seleccionados con el fin de realizar su estudio hidrogeoquímico e isotópico; iii) la caracterización mineralógica, petrográfica, geoquímica e isotópica de los travertinos precipitados a partir de las aguas de algunos de los sondeos de la cuenca; y iv) la medida y caracterización química e isotópica de los gases libres y disueltos detectados en la cuenca, con especial atención al CO2 y 222Rn. Esta información, desarrollada en capítulos independientes, ha permitido realizar un modelo conceptual de funcionamiento del sistema natural que constituye la cuenca de Ganuelas-Mazarrón, así como establecer las analogías entre este y un AGP-CO2, con posibles escapes naturales y/o antropogénicos. La aplicación de toda esta información ha servido, por un lado, para predecir el comportamiento y evaluar la seguridad, a corto, medio y largo plazo, de un AGP-CO2 y, por otro, proponer una metodología general aplicable al estudio de posibles emplazamientos de AGP-CO2 desde la perspectiva de los reservorios naturales de CO2. Los resultados más importantes indican que la cuenca de Ganuelas-Mazarrón se trata de una cubeta o fosa tectónica delimitada por fallas normales, con importantes saltos verticales, que hunden al substrato rocoso (Complejo Nevado-Filabride), y rellenas, generalmente, por materiales volcánicos-subvolcánicos ácidos. Además, esta cuenca se encuentra rellena por formaciones menos resistivas que son, de muro a techo, las margas miocenas, predominantes y casi exclusivas de la cuenca, y los conglomerados y gravas pliocuaternarias. El acuífero salino profundo y enriquecido en CO2, puesto de manifiesto por la xx exploración geotérmica realizada en dicha cuenca durante la década de los 80 y objeto principal de este estudio, se encuentra a techo de los materiales del Complejo Nevado-Filabride, a una profundidad que podría superar los 800 m, según los datos de la investigación mediante sondeos y geofísica. Por ello, no se descarta la posibilidad de que el CO2 se encuentre en estado supe critico, por lo que la citada cuenca reuniría las características principales de un almacenamiento geológico natural y profundo de CO2, o análogo natural de un AGP-CO2 en un acuífero salino profundo. La sobreexplotación de los acuíferos mas someros de la cuenca, con fines agrícolas, origino, por el descenso de sus niveles piezométricos y de la presión hidrostática, el ascenso de las aguas profundas, salinas y enriquecidas en CO2, las cuales son las responsables de la contaminación de dichos acuíferos. El estudio hidrogeoquímico de las aguas de los acuíferos investigados muestra una gran variedad de hidrofacies, incluso en aquellos de litología similar. La alta salinidad de estas aguas las hace inservibles tanto para el consumo humano como para fines agrícolas. Además, el carácter ligeramente ácido de la mayoría de estas aguas determina que tengan gran capacidad para disolver y transportar, hacia la superficie, elementos pesados y/o tóxicos, entre los que destaca el U, elemento abundante en las rocas volcánicas ácidas de la cuenca, con contenidos de hasta 14 ppm, y en forma de uraninita submicroscópica. El estudio isotópico ha permitido discernir el origen, entre otros, del C del DIC de las aguas (δ13C-DIC), explicándose como una mezcla de dos componentes principales: uno, procedente de la descomposición térmica de las calizas y mármoles del substrato y, otro, de origen edáfico, sin descartar una aportación menor de C de origen mantélico. El estudio de los travertinos que se están formando a la salida de las aguas de algunos sondeos, por la desgasificación rápida de CO2 y el consiguiente aumento de pH, ha permitido destacar este fenómeno, por analogía, como alerta de escapes de CO2 desde un AGP-CO2. El análisis de los gases disueltos y libres, con especial atención al CO2 y al 222Rn asociado, indican que el C del CO2, tanto disuelto como en fase libre, tiene un origen similar al del DIC, confirmándose la menor contribución de CO2 de origen mantélico, dada la relación R/Ra del He existente en estos gases. El 222Rn sería el generado por el decaimiento radiactivo del U, particularmente abundante en las rocas volcánicas de la cuenca, y/o por el 226Ra procedente del U o del existente en los yesos mesinienses de la cuenca. Además, el CO2 actúa como carrier del 222Rn, hecho evidenciado en las anomalías positivas de ambos gases a ~ 1 m de profundidad y relacionadas principalmente con perturbaciones naturales (fallas y contactos) y antropogénicas (sondeos). La signatura isotópica del C a partir del DIC, de los carbonatos (travertinos), y del CO2 disuelto y libre, sugiere que esta señal puede usarse como un excelente trazador de los escapes de CO2 desde un AGPCO2, en el cual se inyectara un CO2 procedente, generalmente, de la combustión de combustibles fósiles, con un δ13C(V-PDB) de ~ -30 ‰. Estos resultados han permitido construir un modelo conceptual de funcionamiento del sistema natural de la cuenca de Ganuelas-Mazarrón como análogo natural de un AGP-CO2, y establecer las relaciones entre ambos. Así, las analogías mas importantes, en cuanto a los elementos del sistema, serian la existencia de: i) un acuífero salino profundo enriquecido en CO2, que seria análoga a la formación almacén de un AGPxxi CO2; ii) una formación sedimentaria margosa que, con una potencia superior a 500 m, se correspondería con la formación sello de un AGP-CO2; y iii) acuíferos mas someros con aguas dulces y aptas para el consumo humano, rocas volcánicas ricas en U y fallas que se encuentran selladas por yesos y/o margas; elementos que también podrían concurrir en un emplazamiento de un AGP-CO2. Por otro lado, los procesos análogos mas importantes identificados serian: i) la inyección ascendente del CO2, que seria análoga a la inyección de CO2 de origen antropogénico, pero este con una signatura isotópica δ13C(V-PDB) de ~ -30 ‰; ii) la disolución de CO2 y 222Rn en las aguas del acuífero profundo, lo que seria análogo a la disolución de dichos gases en la formación almacén de un AGP-CO2; iii) la contaminación de los acuíferos mas someros por el ascenso de las aguas sobresaturadas en CO2, proceso que seria análogo a la contaminación que se produciría en los acuíferos existentes por encima de un AGP-CO2, siempre que este se perturbara natural (reactivación de fallas) o artificialmente (sondeos); iv) la desgasificación (CO2 y gases asociados, entre los que destaca el 222Rn) del acuífero salino profundo a través de sondeos, proceso análogo al que pudiera ocurrir en un AGP-CO2 perturbado; y v) la formación rápida de travertinos, proceso análogo indicativo de que el AGP-CO2 ha perdido su estanqueidad. La identificación de las analogías más importantes ha permitido, además, analizar y evaluar, de manera aproximada, el comportamiento y la seguridad, a corto, medio y largo plazo, de un AGP-CO2 emplazado en un contexto geológico similar al sistema natural estudiado. Para ello se ha seguido la metodología basada en el análisis e identificación de los FEPs (Features, Events and Processes), los cuales se han combinado entre sí para generar y analizar diferentes escenarios de evolución del sistema (scenario analysis). Estos escenarios de evolución identificados en el sistema natural perturbado, relacionados con la perforación de sondeos, sobreexplotación de acuíferos, precipitación rápida de travertinos, etc., serian análogos a los que podrían ocurrir en un AGP-CO2 que también fuera perturbado antropogénicamente, por lo que resulta totalmente necesario evitar la perturbación artificial de la formación sello del AGPCO2. Por último, con toda la información obtenida se ha propuesto una metodología de estudio que pueda aplicarse al estudio de posibles emplazamientos de un AGP-CO2 desde la perspectiva de los reservorios naturales de CO2, sean estancos o no. Esta metodología comprende varias fases de estudio, que comprendería la caracterización geológico-estructural del sitio y de sus componentes (agua, roca y gases), la identificación de las analogías entre un sistema natural de almacenamiento de CO2 y un modelo conceptual de un AGP-CO2, y el establecimiento de las implicaciones para el comportamiento y la seguridad de un AGP-CO2. ABSTRACT The accumulation of the anthropogenic greenhouse gases in the atmosphere is the main responsible for: i) the increase in the average temperature of the Earth over the past century by almost 1 °C; ii) the rise in the mean sea level; iii) the drop of the ice volume and terrestrial snow; iv) the strong climate variability and extreme weather events that have been happening over the last decades; and v) the spread of epidemics and infectious diseases. All of these events are just some of the evidence of current climate change. The problems and growing concern related to these phenomena, prompted the adoption of the so-called "Kyoto Protocol" (Japan) in 1997, in which the signatory countries established different measurements to control and reduce the emissions of the greenhouse gases. These measurements include the CCS technologies, focused on the capture, transport and storage of CO2. Within this context, it was approved, in October 2008, the Strategic Singular Project "Tecnologías avanzadas de generación, captura y almacenamiento de CO2" (PSE-120000-2008-6), supported by the Ministry of Science and Innovation and the FEDER funds. This Project, by means of the Subproject "Geological Storage of CO2" (PSS- 120000-2008-31), was focused on the detailed study of the Natural Analogue of CO2 Storage and Leakage located in the Ganuelas-Mazarron Tertiary basin (Murcia), among other Spanish Natural Analogues. This research work has been performed in the framework of this Subproject, being its final objective to predict the behaviour and evaluate the safety, at short, medium and long-term, of a CO2 Deep Geological Storage (CO2-DGS) by means of a comprehensive study of the abovementioned Natural Analogue. This study comprises: i) the geological and hydrogeological context of the basin and its geophysical research; ii) the water sampling of the selected aquifers to establish their hydrogeochemical and isotopic features; iii) the mineralogical, petrographic, geochemical and isotopic characterisation of the travertines formed from upwelling groundwater of several hydrogeological and geothermal wells; and iv) the measurement of the free and dissolved gases detected in the basin, as well as their chemical and isotopic characterisation, mainly regarding CO2 and 222Rn. This information, summarised in separate chapters in the text, has enabled to build a conceptual model of the studied natural system and to establish the analogies between both the studied natural system and a CO2-DGS, with possible natural and/or anthropogenic escapes. All this information has served, firstly, to predict the behaviour and to evaluate the safety, at short, medium and long-term, of a CO2-DGS and, secondly, to propose a general methodology to study suitable sites for a CO2-DGS, taking into account the lessons learned from this CO2 natural reservoir. The main results indicate that the Ganuelas-Mazarron basin is a graben bounded by normal faults with significant vertical movements, which move down the metamorphic substrate (Nevado-Filabride Complex), and filled with acid volcanic-subvolcanic rocks. Furthermore, this basin is filled with two sedimentary formations: i) the Miocene marls, which are predominant and almost exclusive in the basin; xxiv and ii) the Plio-Quaternary conglomerates and gravels. A deep saline CO2-rich aquifer was evidenced in this basin as a result of the geothermal exploration wells performed during the 80s, located just at the top of the Nevado-Filabride Complex and at a depth that could exceed 800 m, according to the geophysical exploration performed. This saline CO2-rich aquifer is precisely the main object of this study. Therefore, it is not discarded the possibility that the CO2 in this aquifer be in supercritical state. Consequently, the aforementioned basin gathers the main characteristics of a natural and deep CO2 geological storage, or natural analogue of a CO2-DGS in a deep saline aquifer. The overexploitation of the shallow aquifers in this basin for agriculture purposes caused the drop of the groundwater levels and hydrostatic pressures, and, as a result, the ascent of the deep saline and CO2-rich groundwater, which is the responsible for the contamination of the shallow and fresh aquifers. The hydrogeochemical features of groundwater from the investigated aquifers show the presence of very different hydrofacies, even in those with similar lithology. The high salinity of this groundwater prevents the human and agricultural uses. In addition, the slightly acidic character of most of these waters determines their capacity to dissolve and transport towards the surface heavy and/or toxic elements, among which U is highlighted. This element is abundant in the acidic volcanic rocks of the basin, with concentrations up to 14 ppm, mainly as sub-microscopic uraninite crystals. The isotopic study of this groundwater, particularly the isotopic signature of C from DIC (δ13C-DIC), suggests that dissolved C can be explained considering a mixture of C from two main different sources: i) from the thermal decomposition of limestones and marbles forming the substrate; and ii) from edaphic origin. However, a minor contribution of C from mantle degassing cannot be discarded. The study of travertines being formed from upwelling groundwater of several hydrogeological and geothermal wells, as a result of the fast CO2 degassing and the pH increase, has allowed highlighting this phenomenon, by analogy, as an alert for the CO2 leakages from a CO2-DGS. The analysis of the dissolved and free gases, with special attention to CO2 and 222Rn, indicates that the C from the dissolved and free CO2 has a similar origin to that of the DIC. The R/Ra ratio of He corroborates the minor contribution of CO2 from the mantle degassing. Furthermore, 222Rn is generated by the radioactive decay of U, particularly abundant in the volcanic rocks of the basin, and/or by 226Ra from the U or from the Messinian gypsum in the basin. Moreover, CO2 acts as a carrier of the 222Rn, a fact evidenced by the positive anomalies of both gases at ~ 1 m depth and mainly related to natural (faults and contacts) and anthropogenic (wells) perturbations. The isotopic signature of C from DIC, carbonates (travertines), and dissolved and free CO2, suggests that this parameter can be used as an excellent tracer of CO2 escapes from a CO2-DGS, in which CO2 usually from the combustion of fossil fuels, with δ13C(V-PDB) of ~ -30 ‰, will be injected. All of these results have allowed to build a conceptual model of the behaviour of the natural system studied as a natural analogue of a CO2-DGS, as well as to establish the relationships between both natural xxv and artificial systems. Thus, the most important analogies, regarding the elements of the system, would be the presence of: i) a deep saline CO2-rich aquifer, which would be analogous to the storage formation of a CO2-DGS; ii) a marly sedimentary formation with a thickness greater than 500 m, which would correspond to the sealing formation of a CO2-DGS; and iii) shallow aquifers with fresh waters suitable for human consumption, U-rich volcanic rocks, and faults that are sealed by gypsums and/or marls; geological elements that could also be present in a CO2-DGS. On the other hand, the most important analogous processes identified are: i) the upward injection of CO2, which would be analogous to the downward injection of the anthropogenic CO2, this last with a δ13C(V-PDB) of ~ -30 ‰; ii) the dissolution of CO2 and 222Rn in groundwater of the deep aquifer, which would be analogous to the dissolution of these gases in the storage formation of a CO2-DGS; iii) the contamination of the shallow aquifers by the uprising of CO2-oversaturated groundwater, an analogous process to the contamination that would occur in shallow aquifers located above a CO2-DGS, whenever it was naturally (reactivation of faults) or artificially (wells) perturbed; iv) the degassing (CO2 and associated gases, among which 222Rn is remarkable) of the deep saline aquifer through wells, process which could be similar in a perturbed CO2- DGS; v) the rapid formation of travertines, indicating that the CO2-DGS has lost its seal capacity. The identification of the most important analogies has also allowed analysing and evaluating, approximately, the behaviour and safety in the short, medium and long term, of a CO2-DGS hosted in a similar geological context of the natural system studied. For that, it has been followed the methodology based on the analysis and identification of FEPs (Features, Events and Processes) that have been combined together in order to generate and analyse different scenarios of the system evolution (scenario analysis). These identified scenarios in the perturbed natural system, related to boreholes, overexploitation of aquifers, rapid precipitation of travertines, etc., would be similar to those that might occur in a CO2-DGS anthropogenically perturbed, so that it is absolutely necessary to avoid the artificial perturbation of the seal formation of a CO2-DGS. Finally, a useful methodology for the study of possible sites for a CO2-DGS is suggested based on the information obtained from this investigation, taking into account the lessons learned from this CO2 natural reservoir. This methodology comprises several phases of study, including the geological and structural characterisation of the site and its components (water, rock and gases), the identification of the analogies between a CO2 storage natural system and a conceptual model of a CO2-DGS, and the implications regarding the behaviour and safety of a CO2-DGS.

The Role of Market Mechanisms in a Post-2020 Climate Change Agreement. CEPS Special Report No. 87/May 2014

This special report is intended to serve as a background briefing document for the European Climate Platform seminar on Carbon Markets in the 2015 Agreement: Role and Architecture, but also raises issues of more enduring relevance in the wider debate about market mechanisms and the next climate change agreement. The paper looks at the relationship between the carbon market and a new climate change agreement, to be finalised in Paris in 2015. It tries to answer two key questions: does the carbon market have a role to play in a post-2020 agreement, and what is the role of a post-2020 agreement in the creation and operation of a carbon market? Introduction. The world has changed in many ways since 1997 when the Kyoto Protocol was adopted, along some critical axes, both from an economic and emissions points of view. Moreover, and this cannot be quantified, the appetite for global governance, especially for an agreement with such far-reaching implications as a climate change agreement, has diminished considerably. This paper looks at the relationship between the carbon market and a new climate change agreement, to be finalised in Paris in 2015. It tries to answer two key questions: does the carbon market have a role to play in a post-2020 agreement, and what is the role of a post-2020 agreement in the creation and operation of a carbon market?

Identificação das políticas de incentivo ao desenvolvimento da energia eólica no Rio Grande do Norte (RN)

Energy is a vital resource for social and economic development. In the present scenario, the search for alternative energy sources has become fundamental, especially after the oil crises between 1973 and 1979, the Chernobyl nuclear accident in 1986 and the Kyoto Protocol in 1997. The demand for the development of new alternative energy sources aims to complement existing forms allows to meet the demand for energy consumption with greater security. Brazil, with the guideline of not dirtying the energy matrix by the fossil fuels exploitation and the recent energy crisis caused by the lack of rains, directs energy policies for the development of other renewable energy sources, complementing the hydric. This country is one of the countries that stand out for power generation capacity from the winds in several areas, especially Rio Grande do Norte (RN), which is one of the states with highest installed power and great potential to be explored. In this context arises the purpose of this work to identify the incentive to develop policies of wind energy in Rio Grande do Norte. The study was conducted by a qualitative methodology of data analysis called content analysis, oriented for towards message characteristics, its informational value, the words, arguments and ideas expressed in it, constituting a thematic analysis. To collect the data interviews were conducted with managers of major organizations related to wind energy in Brazil and in the state of Rio Grande do Norte. The identification of incentive policies was achieved in three stages: the first seeking incentives policies in national terms, which are applied to all states, the second with the questionnaire application and the third to research and data collection for the development of the installed power of the RN as compared to other states. At the end, the results demonstrated hat in Rio Grande do Norte state there is no incentive policy for the development of wind power set and consolidated, specific actions in order to optimize the bureaucratic issues related to wind farms, especially on environmental issues. The absence of this policy hinders the development of wind energy RN, considering result in reduced competitiveness and performance in recent energy auctions. Among the perceived obstacles include the lack of hand labor sufficient to achieve the reporting and analysis of environmental licenses, the lack of updating the wind Atlas of the state, a shortfall of tax incentives. Added to these difficulties excel barriers in infrastructure and logistics, with the lack of a suitable port for large loads and the need for reform, maintenance and duplication of roads and highways that are still loss-making. It is suggested as future work the relationship of the technology park of energy and the development of wind power in the state, the influence of the technology park to attract businesses and industries in the wind sector to settle in RN and a comparison of incentive policies to development of wind energy in the Brazilian states observing wind development in the same states under study.

Políticas públicas ambientais no Brasil: mitigação das mudanças climáticas

Since the mid of 1980 an, discussed global climate change in the international sphere. This process resulted in the achievement of the United Nations Conference for Environment and Development UNCED, held in Rio de Janeiro in 1992, which resulted, among other documents, the Framework Convention of Climate Change - CMC. After five years, there was the establishment of the Kyoto Protocol - PK - which, unlike the Convention, set clearer standards on reducing emissions of gases effect of studying and targets to be achieved by countries which have issued more gas in the past, in the Annex I. The aim of this text is to analyze the ongoing federal public policies regarding mitigation of climate change in the country. To that end, it is based on analysis of official documentation. It analyzes policies before and after the adoption of the CMC in Brazil.

Performance of a solar energy powered falling film evaporator with film promoter

A solar energy powered failing film evaporator with film promoter was developed for concentrating diluted solutions (industrial effluents). The procedure proposed here does not emit CO(2), making it a viable alternative to the method of concentrating solutions that uses vapor as a heat source and releases CO(2) from burning fuel oil in a furnace, in direct opposition to the carbon reduction agreement established by the Kyoto protocol. This novel device consists of the following components: a flat plate solar collector with adjustable inclination, a film promoter (adhering to the collector), a liquid distributor, a concentrate collector. and accessories. The evaporation rate of the device was found to be affected both by the inclination of the collector and by the feed flow. The meteorological variables cannot be controlled, but were monitored constantly to ascertain the behavior of the equipment in response to the variations occurring throughout the day. Higher efficiencies were attained when the inclination of the collector was adjusted monthly, showing up to 36.4% higher values than when the collector remained in a fixed position. (c) 2008 Elsevier Ltd. All rights reserved.

Private valuation of carbon sequestration in forest plantations

Approval of the Clean Development Mechanism, provided for in the Kyoto Protocol, enables countries with afforested land to trade in carbon emissions reduction certificates related to carbon dioxide equivalent quantities (CO(2-e)) stored within a certain forest area. Potential CO(2-e) above base line sequestration was determined for two forest sites on commercial eucalyptus plantations in northern Brazil (Bahia). Compensation values for silvicultural regimes involving rotation lengths greater than economically optimal were computed using the Faustmann formula. Mean values obtained were US$8.16 (MgCO(2-e))(-1) and US $7.19 (MgCO(2-e))(-1) for average and high site indexes, respectively. Results show that carbon supply is more cost-efficient in highly productive sites. Annuities of US$18.8 Mg C(-1) and US$35.1 Mg C(-1) and yearly payments of US$4.4 m(-3) and US$8.2 m(-3) due for each marginal cubic meter produced were computed for high and average sites, respectively. The estimated value of the tonne of carbon defines minimum values to be paid to forest owners, in order to induce a change in silvicultural management regimes. A reduction of carbon supply could be expected as a result of an increase in wood prices, although it would not respond in a regular manner. For both sites, price elasticity of supply was found to be inelastic and increased as rotation length moved further away from economically optimal: 0.24 and 0.27 for age 11 years in average- and high-productivity sites, respectively. This would be due to biomass production potential as a limiting factor; beyond a certain threshold value. an increase in price does not sustain a proportional change in carbon storage supply. The environmental service valuation model proposed might be adequate for assessing potential supply in plantation forestry, from a private landowner perspective, with an economic opportunity cost. The model is not applicable to low commercial value forest plantations. (C) 2009 Elsevier B.V. All rights reserved.

Quantification of the environmental impacts of road conditions in Brazil

This study evaluates the impacts of Brazilian highway conditions on fuel consumption and, consequently, on carbon dioxide (COO emissions. For the purpose of this study, highway conditions refer to the level of highway maintenance: the incidence of large potholes, large surface cracks, uneven sections, and debris. Primary computer collected data related to the fuel consumption of three types of trucks were analyzed. The data were derived from 88 trips taken over six routes, each route representative of one of two highway conditions: better or worse. Study results are initially presented for each type of truck being monitored. The results are then aggregated to approximate the entire Brazilian highway network. In all cases, results confirmed environmental benefits resulting from travel over the better routes. There was found to be an increase in energy efficiency from traveling better roads, which resulted in lower fuel consumption and lower CO(2) emissions. Statistical analysis of the results suggests that, in general, fuel consumption data were significant at *P < 0.05, rejecting the null hypothesis that average fuel consumption from traveling the better routes is statistically equal to average fuel consumption from traveling the worse routes. Improved Brazilian road conditions would generate economic benefits, reduce dependency on and consumption of fossil fuels (due to the increase in energy efficiency), and reduce CO(2) emissions. These findings may have additional relevancy if Brazil needs to reduce carbon dioxide emissions to reach future Kyoto Protocol`s emissions targets, which should take effect in January 2013. (c) 2008 Elsevier B.V. All rights reserved.

Sequestration of carbon by soil

Soil carbon is a major component of the terrestrial carbon cycle. The soils of the world contain more carbon than the combined total amounts occurring in vegetation and the atmosphere. Consequently, soils are a major reservoir of carbon and an important sink. Because of the relatively long period of time that carbon spends within the soil and is thereby withheld from the atmosphere, it is often referred to as being sequestered. Increasing the capacity of soils to sequester C provides a partial, medium-term countermeasure to help ameliorate the increasing CO2 levels in the atmosphere arising from fossil fuel burning and land clearing. Such action will also help to alleviate the environmental impacts arising from increasing levels of atmospheric CO2. The C sequestration potential of any soil depends on its capacity to store resistant plant components in the medium term and to protect and accumulate the humic substances (HS) formed from the transformations or organic materials in the soil environment. The sequestration potential of a soil depends on the vegetation it supports, its mineralogical composition, the depth of the solum, soil drainage, the availability of water and air, and the temperature of the soil environment. The sequestration potential also depends on the chemical characteristics of the soil organic matter and its ability to resist microbial decomposition. When accurate information for these features is incorporated in model systems, the potentials of different soils to sequester C can be reliably predicted. It is encouraging to know that improved soil and crop management systems now allow field yields to be maintained and soil C reserves to be increased, even for soils with depleted levels of soil C. Estimates of the soil C sequestration potential are discussed. Inevitably HS are the major components of the additionally sequestered C. It will be important to know more about the compositions and associations of these substances in the soil if we are able to predict reasonably accurately the ability of any soil type to sequester C in different cropping and soil management systems.

Avaliação da rentabilidade económica dos sistemas de microgeração fotovoltaica em Portugal (1990-2010)

Dissertação para a obtenção do grau de Mestre em Engenharia Electrotécnica - ramo de Energia

Eficiência energética e a queima de combustíveis limpos

Mestrado em Engenharia Química

Estudo técnico relativo à instalação de micro eólicas em edifícios urbanos para microprodução de energia eléctrica

O Planeta Terra tem vindo a ser fustigado pelas alterações climáticas resultado da poluição ambiental provocada pelo Homem. Com o objectivo de minimizar estes efeitos deletérios, os países mais desenvolvidos estabeleceram compromissos relativamente às emissões de gases com efeito de estufa, tendo por base o Protocolo de Kyoto. A iniciativa «Renováveis na Hora» é uma das medidas previstas no plano para a política de energia e alterações climáticas, apresentado em Fevereiro de 2008, pelo Ministério da Economia e da Inovação Português. Actualmente, em Portugal, existe um mercado emergente para a microgeração, que se rege segundo a legislação aplicada recentemente, que estabelece o novo regime jurídico aplicável à produção de energia por intermédio de unidades de microprodução. Esta iniciativa levará à criação de um novo paradigma de exploração e utilização de energia. Deste modo, é fundamental avançar com alguns alertas das condições de exploração. A energia eólica é umas das fontes renováveis em que o rendimento de conversão pode atingir valores interessantes (poderá ser superior a 50%) e em determinadas regiões o seu potencial é bastante bom, nomeadamente em zonas litorais e em zonas montanhosas. Em ambiente urbano é impraticável a instalação de grandes torres eólicas, mas a micro produção baseada em pequenas turbinas eólicas é perfeitamente possível e desejável. O propósito deste trabalho é realizar um estudo de cariz técnico acerca da instalação de um mini parque eólico num edifício urbano, tendo em conta todas as condicionantes (velocidade do vento, obstáculos na zona, altura de montagem, inter-distância entre aerogeradores). Foi realizado um software que irá auxiliar a escolha dos aerogeradores e inversores para o tipo de local onde vai ser instalado o parque eólico.