Joint Implementation

Joint Implementation (JI) under the Kyoto Protocol allows project-level emissions trading between Annex B countries; trade is in Emission Reduction Units (ERUs), each equivalent to an AAU, which in turn is one tonne of CO2e. Under JI, annex B countries facing high abatement costs can pursue cheaper CO2e emission reduction projects in other Annex B countries. Most JI funding will probably flow from Japan and Western Europe, as such a pattern was observed during Activities Implemented Jointly, a precursor of JI.

Private sector companies in Annex B countries may initiate JI transactions which are recorded against a country's Assigned Amount of emissions. For example, if a country is 100 million tonnes above its emission target in 2010 it could initiate projects to generate a total of 100 million ERUs. Alternatively it could purchase a parcel of AAUs amounting to 100 million tonnes in the market. The choice will depend upon relative prices.

Guide to Alternative Fuels

Guide to Alternative Fuels

Your Alternative Fuel Solution for Saving Money, Reducing Oil Dependency, and Helping the Planet. Ethanol is an alternative to gasoline. The use of ethanol has been demonstrated to reduce greenhouse emissions slightly as compared to gasoline. Through this ebook, you are going to learn what you will need to know why choosing an alternative fuel may benefit you and your future.

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