[ensu] Fwd: Wed April 2 IES Environmental Studies seminars
- From: ENSU <utorensu@xxxxxxxx>
- To: ensu@xxxxxxxxxxxxx
- Date: Mon, 31 Mar 2003 22:38:03 -0500 (EST)
--- Mona El-Haddad <m.elhaddad@xxxxxxxxxxx> wrote: >
From: "Mona El-Haddad" <m.elhaddad@xxxxxxxxxxx>
> To: <m.elhaddad@xxxxxxxxxxx>
> Subject: Wed April 2 IES Environmental Studies
> seminars
> Date: Mon, 31 Mar 2003 11:26:11 -0500
>
> Institute for Environmental Studies
> ENVIRONMENTAL STUDIES SEMINAR SERIES
> *************************************
>
> WED APRIL 2 2003, 4:00 p.m.
> Room 2093 Earth Sciences Centre (Huron & Bancroft)
> (Dept. of Geology's section of the building)
>
> "THE CARBON MARKET: WHAT IS IT AND HOW DOES IT
> WORK?"
> (abstract below)
>
> JANE RIGBY, Associate VP, CO2e.com, Toronto
> (n.b. Jane Rigby replaces originally scheduled
> speaker Corinne Boone,
> Managing Director of CO2e.com)
>
> For a map, updates, and abstracts, please see
> http://www.utoronto.ca/env/seminars/env-spring.html
>
> No registration required; all are welcome.
> This is the last seminar this term; more seminars to
> be announced in the
> fall.
> **************************************
>
> ABSTRACT:
> In December of 1997, the parties to the United
> Nations Framework
> Convention on Climate Change adopted the Kyoto
> Protocol. The Protocol
> bound participating countries to legally binding
> caps on their emissions
> of greenhouse gases from 1 January 2008 onwards and
> allowed the use of
> "flexibility mechanisms" (emissions trading) to
> reduce the economic
> impact of meeting the caps. These flexibility
> mechanisms are the basis
> for what analysts have forecasted will become a
> commodity market worth
> USD$10 billion to USD$3 trillion by 2010. With
> ratification by Russia
> the only remaining hurdle before the Kyoto Protocol
> comes into force,
> trading is already underway: over 100 trades have
> been completed in the
> international market, corresponding to approximately
> 200 million tonnes
> of CO2 equivalent. Canada is home to some of the
> most active buyers and
> sellers in the market. Emissions trading is based
> on the concept that
> one tonne of carbon dioxide (CO2) has the same
> impact on climate change
> wherever in the world it is emitted or saved. It
> costs more to reduce
> emissions from some industrial processes than
> others. Emissions
> allowances are tradable, so that companies with a
> high cost of reduction
> can take advantage of low costs of reduction
> elsewhere. What do these
> markets look like now? Who are the buyers and
> sellers? And what
> exactly is it they're buying? These are all
> questions that will be
> addressed in this presentation.
> *CO2e.com is a multinational company which helps
> companies to
> understand, mitigate and manage the transition to a
> greenhouse gas
> constrained future. It delivers market-based
> solutions to help
> companies address climate change issues: brokerage
> services related to
> greenhouse gases, renewable energy and other
> environmental products; the
> sourcing and delivery of emission offsets with
> strong sustainability
> attributes for retirement against today's emissions;
> financial
> structuring of wholesale and retail instruments for
> tax effectiveness
> and improved risk management; marketplace
> development, trading and risk
> management software, and helping clients to deal
> with carbon commerce
> through appropriate strategy development, analysis,
> verification, legal,
> accounting, insurance and other professional
> services. Please see
> http://www.CO2e.com for more information.
>
>
> For more information, please contact:
> Mona El-Haddad, 416-978-6526, m.elhaddad@xxxxxxxxxxx
>
>
______________________________________________________________________
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