Cement, Energy and Environment

developmen t. The challenge is to identify the purpose, the Netherlands will purchase certified projects and to create relationships with project emission reductions (CERs) in developing developers and sponsor countries to a llow them coun tries which w i JJ a l so cont rib ute to to be implemented. sustainable development in these countries. Volun tar y actions and the CDM provide excellent opportunities for accelerated growth leveraged by the growing trade in emissions reduction. Maximization of the potential outcome will require proactive leadership, innovative a pproaches by indus t ry, and a willingness to search out development partners and networks from around the world. This will provide the opportunity for cotmtries such as Aus tralia to export their technological expertise to the countries where they are needed. For furtl1er information, please contact: DET NORSKE VERITAS 203, Savitri Sadan I, 11, Freet Vihar Community Centre, New Delhi -110 092. Telephone +91 11 223 1278, 223.1502, Fax: +91 11 223 0247 Courtesy : TERI Newswire, 1-15 Apr 02, Pp 17-20. F<tx: 4682144 Email: outreach@teri.res.in Web: www.teriin.org CDM LAUNCHED Clean Energy News, 01 fan 02 The Netherlands has become one of the first countri es to initiate Clean Deve lopment Mechanism (CDM) proj ec ts . CDM a ll ows investment in greenhouse gas mitiga tion projec ts in developing co untri es by industrialized nations to mee t their obligation for reduction o f greenhouse gas emission s. Under the Kyoto Protocol, the Netherlands government has an obligation to reduce its greenhpu se gases by 6% compared to the reference year 1990. The Dutch government has decided to meet 50% of this obligation by project d e velopment iD o ther countries. Fo r thi s Courtesy: REPSOVISION, Winrock International India, Vol18, fan02, Email: winrock@vsnl.com Web: www. winrockindia.org Fax: 91-11-6146004. EMISSIONS TRADING THREATENS EUROPEAN CEM€NT MANUFACTURING SITES The introduction of a European-wide trade in emission rights will create an inducement for energy inten sive indus tri es to move their production to conntries outside Europe. .for this reason the German cement industry s trongly objects to the latest proposal from the EU commission for a directive on emissions trading. It points to the fact that it can be more lucrative for the manufacturer of energy intensive bulk products to reduce production a t loca l production si tes, se ll the corresponding emission rights, and cover the domestic requirement by imports. For cem ent manufacture in Germany alone this would affect up to 50 000 Jobs, while C0 2 abatement on a global scale cannot be achieved with the model proposed by the EU Commission. The reason for the threa tened displacement of manufacturing sites lies in the high prices expected for C0 2 emission rights. In its .uGreen Book on Emissions Trading" the European Commission come to the conclusion that the future market price for each tonne of C0 2 is likely to li e between EUR 15 and 75. This is contrasted with the relatively low net product in many energy intensive industries. This is certainly true of the manufacture of cement.