US Policy Developments: Implications for the CDM

US Policy Developments: Implications for the CDM Santiago, Chile. 18 June, 2009 Marc Stuart, Co-Founder and Director, New Business Development

Five Reasons (most of) the United States Hates the CDM

1. CDM is a Subsidy for China ,[object Object],[object Object],[object Object],[object Object]

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Overall Perspectives ,[object Object],[object Object],[object Object],[object Object]

Basics of Waxman-Markey Bill (H.R. 2454) ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

US Legislation: A Plausible Timeline ,[object Object],[object Object],[object Object],[object Object]

Waxman-Markey Bill: Targets Year Emissions Budget (Offsets + Allowances) in mmt % Reduction % Offsets Allowed Emission-to-cap (E-t-C) Gap in mmt (no comp policies) Emission-to-cap (E-t-C) Gap in mmt (comp policies) 2012 6627 3% 29% 205 87 2020 7056 17% 28% 1363 761 2030 5533 42% 35% 3138 2050 3035 83% 63%

Implications for the Post-2012 Market with US engagement

CDM 2.0 – The W-M Perspective ,[object Object],[object Object],[object Object],[object Object],[object Object]

How will Sectoral Work? ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Non-sectoral? ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

REDD ,[object Object],[object Object],[object Object],[object Object],[object Object]

So, Where Do We Stand? ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

What should countries do to prepare? ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Thank You ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Lima Madrid Manila Manama Mexico City New York Oxford Portland Rio de Janeiro Rome San Jose Santiago Singapore The Hague Tokyo Countries where EcoSecurities has projects EcoSecurities’ current office locations or representatives

US Policy Developments: Implications for the CDM

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US Policy Developments: Implications for the CDM

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