Importance of Stronger Reaction to

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• Importance of Stronger Reaction to
• Climate Change
• Arto Nuorkivi
• ESCOBALT Projektledare,
• Helsingfors
• Sundsvall, Dec 12, 2006

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Finally, USA reacts to climate change Hummer
cabriolet!
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But seriously USA is coming

• A number of states and major cities have already
  committed to Kioto Protocol even though the
  federal government has not yet.
• CO2 recovery from the flue gases of thermal
  (fossil fuel) power plants shall materialize. The
  U.S. Department of Energy plans to have the first
  zero-emission coal fired power plant by year
  2013
• "Today I am pleased to announce that the United
  States will sponsor a 1 billion, 10-year
  demonstration project to create the world's first
  coal-based, zero-emissions electricity and
  hydrogen power plant..."
•                                 President George
  W. Bush                                February
  27, 2003

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Latest about Climate Change (1)

• A large number of indications from the nature
  tell us that serious processes are going on in
  our climate.
• The Inconvenient Truth movie moderated by the
• ex-vice-president Al Gore
• The climate change may be the worst threat ever
  faced by the human mankind.
• UN Climate Change Conference in Nairobi, Nov 2006
  
• The GDP may drop even 20 in case the societies
  do not react on global warming in time. On the
  contrary, the GDP may increase by 1 if the
  reaction will take place in appropriate way and
  soon.
• Mr. Nicolas Stern, ex chief economist of the
  World Bank appointed by the British Government

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Latest about Climate Change (2)

• There are barriers to the efficient use of
  energy, which isolate consumers from the
  consequences of their energy choices. Those
  include
• Lack of information on, or the low priority
  given to the energy performance of appliances,
  buildings and automobiles. Tax incentives and
  subsidies that promote wasteful energy use (e.g.
  tax breaks that encourage car use). Split
  incentives between investors and end-users with
  regard to the performance of energy-using
  equipments (e.g., for building technology
  choices). Failure to incorporate fully the
  energy security risks in market prices
• The International Energy Agency - IEA

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Targets of EU

• Energy conservation 20 by 2020, which requires
  strong measures by ALL member countries and,
• Dependence on energy import in EU now 50 but
  will be 70. By means of domestic and renewable
  energy independence should be fought back.

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Technological opportunities of ES

• Heat recovery
• Low-energy devices bulbs, led-lighting,
  low-energy TVs, hybrid cars with smaller
  engines,
• Re-insulation of building envelopes
• Low energy houses (total concepts)
• Extensive use of RES wind, bio, hydro, wastes
• Rehabilitation of energy systems in transition
  economies

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Incentives and taxes to ES

• Energy taxation collected revenues of taxes to
  be used for supporting ES measures -gt creates new
  business (Nick Stern)
• Taxation must be designed in such a way that the
  barriers faced by the end user are low, if any,
  to adopt energy efficient technologies
• Investment subsidies to promote ES technologies
• New habits in energy use have to be adopted by
  creating incentives.

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Next presentations

• Financing of energy savings
• Models to energy saving
• Planning and analyses towards energy savings
• Programme for energy saving
• Example of waste incineration in Sundsvall