2004 ACEEE Summer Study on Energy Efficiency in Buildings

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2004 ACEEE Informal Sessions Descriptions

Additional Informal Sessions may be organized on-site during the Summer Study. Visit the office in Surf and Sand to sign up for an Informal Session.

Session Synopsis - "Emission Trading and CDMs: Is There a Role for Energy Efficiency Projects?"

Paolo Bertoldi, European Commission

Monday, August 23
2:00 PM - 4:00 PM

Emission Trading (ET) and Clean Development Mechanism (CDM) will play a major role in the reduction of CO2 emission. In the informal session the opportunities offered by energy efficiency project in reducing CO2 will be discussed as well as the possible ways to include energy efficiency projects in ET and CDMs (including baseline assessment and emission reduction verification methodologies). For ET both direct and indirect emissions approaches are possible. The direct approach is based on the physical source ('the pipe'). In the direct approach the price rise of the emitters' product (i.e. electricity) may not be not sufficiently accurate to reflect the carbon content. The indirect approach is based on the idea that the final users should held responsible for the carbon emissions. In the indirect approach the final users get allotted emission quota based on a baseline energy mix they would commonly purchase. In this case the signal to use less fossil fuel gets through very precisely.

For more information, contact:

Paolo Bertoldi
European Commission
e-mail: paolo.bertoldi@cec.eu.int

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