Module 3 Links

Annex I countries

Japan to pick up China CO2 credits
http://www.asahi.com/english/nation/TKY200502260176.html

Economic recovery make Kyoto targets difficult for Japanese ...
http://business.asia.news.designerz.com/economic-recovery-make-kyoto-targets-difficult-for-japanese-industry.html?d20050202

Canadians Ponder Kyoto Alternatives
http://www.angus-reid.com/polls/index.cfm?fuseaction=viewItem&itemID=6087

Canada
Businesses that reduce emissions will have access to federal money: Dion
http://www.cbc.ca/cp/business/050224/b022440.html

N.B. hoping for at least $400 million from Ottawa to fix nuclear plant
http://www.macleans.ca/topstories/politics/news/shownews.jsp?content=n022513A
Bruce Fitch, New Brunswick's energy minister, said Friday that based on emission credits under the Kyoto accord, overhauling the 22-year-old reactor at Lepreau should be worth at least $400 million to Ottawa.

The Carbon Brokers
http://www.gnn.tv/articles/1147/The_Carbon_Brokers
Point Carbon, a Norwegian analysis and consultancy company, predicts that the business could be worth tens of billions of Euros in just a few years and that Russia alone could earn as much as $10 billion, because its Kyoto targets were set at levels that peaked just after the collapse of the Soviet Union. Today Russia’s power production has fallen some 30 percent, making it the world’s largest owner of carbon credits, which also allows it to drive prices up by restricting supply.

Europe and Central Asia – Background
… Most of the recent air quality improvements in Central and Eastern Europe and Central Asia have been due to economic decline.
http://www.unep.org/geo2000/english/0080.htm

Central and Eastern Europe
http://org.eea.eu.int/documents/newsreleases/ghg-accession-en

Annex II Countires

India
Markets
The Clean Development Mechanism (CDM) is one of the three carbon trading mechanisms available under the Kyoto Protocol….
With the US failing to ratify the Kyoto Protocol, the carbon demand has shrunk by about 48% and now exists mainly in the European Union and Japan. This reduced demand gets further constricted through EU and Japan’s respective positions in regard to emission reduction commitments being effected mainly through domestic action. This has led to low certified emission reduction (CER) price.
http://www.financialexpress.com/fe_full_story.php?content_id=83565

Kyoto no boon for African pollution, technology woes
http://www.terradaily.com/2005/050224162859.48zuw1lt.html

SA Has Projects Lined Up to Benefit From Kyoto Protocol
http://allafrica.com/stories/200502220375.html

US and non-participants

Canada Close to Emissions Deal With Car Makers
http://www.reuters.ca/locales/c_newsArticle.jsp?type=topNews&localeKey=en_CA&storyID=7745128
The Globe and Mail said the car makers -- General Motors, Ford and DaimlerChrysler -- were upset that Ottawa wanted them to take responsibility for changing consumer behavior so people bought more efficient cars.

Auto makers pan ‘feebate'
http://www.theglobeandmail.com/servlet/story/RTGAM.20050225.wxkyoto0225/BNStory/Business/

Does the US outsource Polluting Industries?
http://www.nber.org/digest/feb05/w10585.html

One analysis of what reducing carbon emissions would mean to the US economy can be found at
http://www.janegalt.net/blog/archives/001044.html

Also included are links to some data sources for time series data.
National Bureau of Economic Research
Freelunch
Carbon Dioxide Information Analysis Center