Climate change policy – achieving environmental goals by economic means Valdis Bisters Director Climate Policy and Technology Department
Climate change policy Climate change policy is on political agenda now and put forward challenge for: Scientists (to understand the problem and seek for solutions) Politicians (formulate of long, clear and binding post 2012 regime) Business (invest into low carbon technologies, mitigate fossil risks) Society (accept and create demand for services and change life styles) Climate change is not only environment but also economic prerogative (low carbon path and avoided costs)
Impact on final tariff Obligatory puchase compents in in final tariff from Aprlil 1, 2011: -
0.94 s/kwh (Latvenergo gas CHP un gas distributed generation in CHP process)
-
0.23 sant./kwh (wind, small hydro, biogas, solar un biomas generation) Houshold tariff currently 10,74 sant/kWh
Impact on final tariff 1) Green energy weight in the final power tariff is 2,1% but gas power plants - 8,75% 2) Gas power plants in total receive 4x larger support than RES 3) Average household monthly electricity bill (250 kwh consumption) contains 0.5 Ls green energy payment and more than 2 Ls for gas generated power.
Climate change financial instrument Green investment scheme under Kyoto protocol article 17 – in Latvia Climate change financial instrument (CCFI) Established by law, implemented as state budgetary programme Programmatic with scaling-up of technology deployment
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Climate Change Financial Instrument Investment Portfolio Energy efficiency
2% 4%
3%
9%
26%
Complex measures in public buildings and industry Renewable energy technologies Low energy buidings
6%
28%
22%
Houshold microgeneration Efficient street lighting GHG technology development
180 MEUR, 2009 - 2013
Renewables in transport sector
Finished climate projects
Finished climate projects
CCFI programming principles
GHG emissions Energy efficiency
Renewables
Efficient use of fossil
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Conclusions – the way forward Climate challenges and financial crises Co-benefits of climate and energy policy: CEP 2020 – non-ETS, RES goals
Kyoto first commitment - GIS as testing ground for post 2012 flexible mechanisms Mainstreaming climate change in new financial perspetive of EU Climate mitigation - low carbon road map, resource efficiency back to sustainable development agenda
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Papildus informācija: Klimata politikas un tehnoloģiju departaments