Many laws have been placed by governments around the world such as the Kyoto protocol and Cap-and-Trade. These acts have been placed so scientists can measure just how much each country is affecting the world and how imminent the threat is to life on Earth. People all over the world have now realized the problems facing the…
planning the Russian Federation’s national GHG emissions inventory (Gazprom 2015, p.23). Moreover, Gazprom has to submit information documents to the National Communications of the Russian Federation (Gazprom 2015, p.23). According to the requirements of Kyoto protocol, both BG Group and Gazprom submit information documents to the UNFCCC. Also, both companies have been participating in Carbon Disclosure…
Climate change has been a long-term global issue that requires collective global action in the form of flexible yet stable policy implementation by the global actors. As a global actor, Australia’s approach and commitments to action on climate change, has been considered as inconsistent and lacking in direction (Talberg, Hui & Loynes, 2013). Nevertheless Australia’s climate reputation has not always been a negative one, in the early 1990’s Australia’s reputation was even seen as…
Have you ever felt that the weather is getting warmer over the years? Have you ever been in a situation where you are enjoying a very sunny day and all of a sudden you are forced to look for shelter because of the sudden drizzle or downpour? Have you ever thought what caused all of these changes to our climate? Remember a time when you actually stopped to question the origins of these sprouting anomalies around you. Can you think of such a moment? All of these situations are becoming more…
Market Trends Major price drivers The fluctuated global carbon price has been driven by a wide range of factors, including political wills, regional and global economy, fossil fuel prices, trading appetite of large corporations, and so on. Even a colder-than-expected winter can be a bullish signal to the carbon market. Historically, two significant price drops occurred as a result of the global financial crisis in 2008 and 2009, and a series of political events at the national and…
Driving to your upstate to your grandma’s house, cooking a delicious Thanksgiving dinner, turning on the lights to light the dinner table, baking a pumpkin pie, turning up the heater to warm us from the cold freezing winds are all some of the daily activities that we do without thinking twice. However, these activities are slowly emitting a greenhouse gas called carbon dioxide or CO2. According to Merriam-Webster, a greenhouse gas is “any gaseous compounds that absorb infrared radiation and trap…
Climate change is a series of phonemes ranging from rising sea levels, shrinking mountain glaciers to global warming. In the past, the government of Canada developed plans to meet Kyoto targets, and the plan included mandatory emission reduction for factories and raise funds to invest in projections that could effectively reduce greenhouse gas emissions. However, the government of Cananda Canada’s current plan to reduce greenhouse gases is insufficient. The report from Environment Canada…
The first step in evaluating the quality of Goal 13 's targets is determining if they are each individually measurable. The resilience that is to be measured in Target 13.1 can be broken down into ecological and human resilience to extreme events. The former may be measured by observing the diversity of a natural system (Gunderson, 2010) while human resilience can be measured based on the loss of lives after an extreme event. The policies that are mentioned in Target 13.2 may be measured by…
This past December, Toronto broke its thirty-six-year-old record for the warmest Christmas Eve to date. Climate change can be characterized by long term changes in weather conditions, including shifts in temperature, precipitation and extreme weather events. Human induced climate change was discovered after the industrial revolution. This is when scientists noticed the warming of the atmosphere, through the greenhouse effect. Clear evidence of the costs of climate change can be found in…
ACCG399 Case Assignment, Session one, 2013, Quality Equipment Hire Ltd. (QEH) ACTIVITY 1 – Briefly discuss the 4 different methods of determining Scope 1 Emissions and why the first method is most appropriate for QEH. An organisation should calculate the direct and indirect greenhouse gas emissions resulting from the emissions sources associated with its boundary. Greenhouse gas emissions from scope 1 and scope 2 emissions sources should be calculated in accordance with the methods and…