Mt CO2e definition
Examples of Mt CO2e in a sentence
In the ENGO (15% leakage) scenario, these averages fall to 6.81 (5.96-7.56) Mt CO2-e yr-1 and 7.21 (6.76-7.82) Mt CO2-e yr-1 for 2013-2020 and 2021-2030 respectively.
On the assumption that this occurs, and that Australia accounts for FM in the post-2012 era, it is estimated that the project could generate: • 1.90 (1.66-2.12) Mt CO2-e yr-1 of Kyoto ACCUs over the period 2013-2020; and • 2.01 (1.88-2.19) Mt CO2-e yr-1 of Kyoto ACCUs over the period 2021-2030.
The most relevant aspects of the new rules are: o FM accounting will be compulsory in the second commitment period; o FM accounting will be based on FM reference levels, where FM credits and debits will be determined on the basis of the extent to which actual net FM emissions deviate from a pre-set reference level; and o FM and joint implementation FM credits will be subject to a cap equal to 3.5% of base year (1990) emissions (excluding LULUCF), or 14.6 Mt CO2-e yr-1 over the second commitment period.
Under the ENGO (no leakage) scenario, the mean over the period 2013-2020 is 8.01 Mt CO2-e yr-1, rising to 8.48 Mt CO2-e yr-1 for the period 2021-2030.
In the Strong Growth, Low Pollution report, the Australian Treasury estimated that Australia’s cumulative abatement task with a 5% emission reduction target for 2020 over the period 2013-2020 was 737 Mt CO2-e (Australian Treasury, 2011).26 The results here suggest that the FM credits under the ENGO scenario would equate to between 7.4% and 8.7% of this task (Table 4).
Under the ENGO (15% leakage) scenario, the impacts of the leakage to other FM areas reduces these averages to 6.81 Mt CO2-e yr-1 and 7.21 Mt CO2-e yr-1 for 2013-2020 and 2021-2030 respectively.
Figure 4 Carbon stock change (live biomass, debris, harvested wood product pools) in reference and ENGO scenarios, Mt CO2-e yr-1, 2013-2030 Table 3 Net emissions and FM credit outcomes under the reference, ENGO (no leakage) and ENGO (15% leakage) scenarios, Mt CO2-e yr-1, 2013-2030 The results suggest the FM credits associated with the creation of the reserves are likely to be significant.
National greenhouse gas emissions were 461 Mt CO2e in 2000, and under the INDC, will be in the range 398 - 614 Mt of CO2e during the period 2025 – 2030.
On the basis this occurs, it was estimated here that: o under the CFI-ENGO (no leakage) scenario, the project could generate 2.24 (1.95-2.49) Mt CO2-e yr-1 of Kyoto ACCUs over the period 2013- 2020, and 2.37 (2.21-2.57) Mt CO2-e yr-1 of Kyoto ACCUs over the period 2021-2030; and o under the CFI-ENGO (15% leakage) scenario, the project could generate 1.90 (1.66-2.12) Mt CO2-e yr-1 of Kyoto ACCUs over the period 2013-2020, and 2.01 (1.88-2.19) Mt CO2-e yr-1 of Kyoto ACCUs over the period 2021-2030.
Period Cumulative abatement task (Mt CO2-e) Cumulative FM credits (Mt CO2-e) Proportion of abatement task 2013-2020 737.3 64.07 54.46 8.7% 7.4% 2021-2030 2916.3 84.79 72.07 2.9% 2.5% 2013-2030 3653.6 148.86 126.54 4.1% 3.5% Source: Australian Treasury (2011) and author estimates.