How Green is Your Power? The Case For Public Disclosure of CO2 Emissions

[Henk Elegeert]

REPLY TO: D66 at nic.surfnet.nl

How Green is Your Power? The Case For Public Disclosure of CO2 Emissions
http://www.cgdev.org/content/publications/detail/14813/

http://www.cgdev.org/files/14813_file_Disclosure.pdf
Download (PDF, 169 KB)

11/12/2007
"
Among climate scientists, there is no longer any serious debate about
whether greenhouse gas emissions from human activity are altering the
Earth's climate. There is also a broad consensus that controlling
emissions will require carbon pricing via market-based instruments
(charges or cap-and-trade). In this new working paper CGD senior
fellow David Wheeler urges the international community to establish an
institution mandated to collect, verify and publicly disclose
information about emissions from all significant global carbon
sources. This institution would:

    * Lay the foundation for implementing any market-based system of
emissions source regulation
    * Provide a credibility test, since a country's acceptance of full
disclosure will signal its true willingness to participate in
globally-efficient emissions reduction
    * Reduce carbon emissions by focusing stakeholder pressure on
major emitters and provide reputational rewards for clean producers
    * Discourage cheating once market-based instruments are
implemented, which is essential for preserving the credibility of an
international agreement to reduce emissions.

In describing the role of public information disclosure in helping to
address the challenge of climate change, the paper also sets for the
underlying rationale for CGD's new Web site, Carbon Monitoring for
Action (CARMA), a global database of with the estimated CO2 emissions
of some 50,000 power plants worldwide, and of the the 4,000 power
companies that own them. CARMA will go live on the afternoon of Nov.
14, 2007.
"

CARMA:
http://carma.org/

Henk Elegeert

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