Clean Development
Mechanism (CDM) & Carbon Credits
EditorÕs NOTES:
Executive Summary &
Initiatives:
The documentation,
registration & validation process required to qualify for CDM incentives is
diverse & expensive. At costs of over U$15,000 for Small-Scale Projects, a
backyard biogas system for home cooking that mitigates 22 tCO2e/yr will never
recover its CDM processing cost.
In reality, CERs are
currently priced at only U$4 to U$8 per tCO2e depending on volume,
availability, risks, etc. This is because some technology providers,
consultants and/or Annex-1 countries carry the costs of the CDM process with
the expectation that their expenses will be defrayed when the CERs are issued.
The 14 registered CDM
projects in the Philippines plus an additional 30 projects in the pipeline are
large pig farms that can afford to shoulder CDM costs and/or avail of financial
incentives like BOT & generous low-interest loans.
The Philippines,
however, possesses many animal farms ranging from the very small backyard
farms, to small & medium-scale farms. As an aggregate, as in the Nepal BSP,
these farms that are also comprised mostly of poor farmers & industrious
small businessmen cannot even afford to install biogas systems – a
classic situation that makes the rich get richer & the poor get poorer
– because the latter are marginalized in their access to foreign capital
investments & clean technologies intended by the CDM program for them.
In this context, the
proponent offers to coordinate efforts towards establishing these initiatives
in the Philippines & to assist interested parties (locally &
internationally):
á Clusters
of 1,000 of more ÒHome Biogas Systems (HBS2)Ó in specific communities like
barangays, towns & provinces.
á Clusters
of 2 or more ÒMethane CaptureÓ projects using the Multi-Stage Philippine
Bio-Digester (MS-PBD) described in this website for Electricity Generation,
Bottling (compressing & scrubbing biogas for use as fuel in engines,
vehicles, generators, boilers, stoves, air-conditioners, etc.), Flaring, etc.
If you need more
information, want to help or participate in these initiatives please contact
the proponent at biofuelswork@gmail.com.
Examples of CDM projects pertaining to Biogas Systems
Biogas is a potent
GHG. It has a GWP (Global Warming Potential) of 21 which means mitigating 1 ton
of Biogas is equivalent to mitigating 21 tons of CO2 from escaping into the
atmosphere.
The many pigfarms in
the Philippines (both large & small) have a HUGE opportunity to be eligible
as CDM projects that capture biogas & use it for electricity generation.
The projects presented below prove
they exist & should be studied as models towards implementing similar
projects.
The Nepal Biogas Sector Partnership
Despite Nepal's
extreme weather; a livestock industry that does not include swine for religious
reasons; and, a CDM baseline that only provides 1/3 of usual incentives (when
cow dung is used in lieu of pig manure)*, Nepal has been able to build over
150,000 home biogas systems. What's more, 19,396 units are CDM eligible &
can mitigate 93,883 tons of CO2 emissions per year. The CERs for these
emissions can be worth up to U$2.06 Million (if they are sold for U$22/tCO2e
based on September 2007 quotes for delivery in December 2008.)
See: http://cdm.unfccc.int/Projects/projsearch.html
(Advanced Search, Host country: Nepal)
In the Philippines,
where clusters of 1,000 Home Biogas Systems (HBS2) are an extremely easy
objective, a potential mitigation of 22 tCO2e/yr/unit (compared to Nepal's 7
tCO2e/yr/unit)* can generate 22,000 tCO2e/yr (that can be worth up to
U$484,000/yr.) These funds can be used to sustain the program and/or fund
research into other biofuels.
The project will save
precious petrodollars & protect against global warming. More importantly, as mentioned above, it
will provide new capital investments & clean technologies for marginalized
poor farmers.
The 5 cubic meter Home
Biogas System (HBS2) presented in this website that can be built for P15,000 or
less is ideal for this project.
The
Agrosuper (Chile) Biogas Programme
This programme
pertains Agrosuper Chile that owns 102,000 sow (farrow-to-finish farms) in 5
locations. They are covered by 3 identical PDDs. Summary data is shown below:
PDD/Farm CERs
Issued Credit
Period Annual
CER Project
Cost
Peralillio
121,606
1/1/05-5/31/06 78,867
U$2.022M
Corneche
&
Los
Guindos 243,678
5/1/02-4/30/05
117,441
5/1/05-5/31/06 102,000
U$1.655M
Pocillos
&
La
Estrella 453,528
1/03/03-4/30/05
260,973
5/1/05-5/31/06 247,248
U$3.765M
Totals: 1,197,226
410,193
U$7.932M
1. Some
CERs have a credit period that dates back to 5/1/02. Although, they precede the
Òcoming into forceÓ of the Kyoto Protocol in 2005, projects initiated from 2002
onwards that were CDM eligible, qualify for retro-active benefits.
2. If
total CERs issued as of 5/31/06 are sold & delivered in December 2008 at
U$8 (or less than 50% of U$22 September 2007 prices), CER income = U$ 9.577M.
3. Versus
Project Cost of U$7.932M the project is FULLY PAID OUT in less than 3 yrs as
1,197,226 < 410,193x3.
4. CERs
issued after 5/31/06 will amount to U$3.281M/yr (if sold at U$8). MORE if sold
at higher prices.
5. The
projects are for "Methane Capture and Combustion from swine manure"
only. Biogas is simply FLARED or burned.
NO ELECTRICITY is generated.
6. HIGHER
incomes are possible if electricity is generated. Although electricity systems
need larger investments & operating expenses, they are viable in countries
like the Philippines where power cost is high.
References:
http://cdm.unfccc.int/Projects/projsearch.html
(Advanced Search, Host Country: Chile)
http://cdm.unfccc.int/Issuance/cers_iss.html
(Host Party: Chile)
Biogas
to Electricity Projects in the Philippines
There are 14
Registered CDM projects in the Philippines (as of September 2007) that include
9 pig farms. They are all Methane Capture & Electricity Generation
projects.
More information is
available at the following links or references:
http://cdm.unfccc.int/Projects/projsearch.html
(Advanced Search Host Country: Philippines)
http://cdm.unfccc.int/Issuance/cers_iss.html
(Host Party: Philippines)
The Kyoto Protocol
Òcame into forceÓ in 2005 for a 7 year period that ends in 2012. New guidelines
are being negotiated to extend it by another 7 years. Until those guidelines
are finalized, we must pursue CDM
projects in the Philippines aggressively before the program lapses in 2012.
Guide to Acronyms:
CDM The
Clean Development Mechanism is an
agreement under the KP allowing Annex 1 countries to invest in projects that
reduce GHG emissions as an alternative to more expensive projects in their won
countries.
CERs Since
the atmospheric effect of any GHG reduction project is global, under the CDM
program, an Annex 1 country can ÒsponsorÓ project in a developing country where
the cost of such projects are usually lower. For meeting the emission reduction
targets of the project, Certified Emission Reductions or carbon credits will be
issued by the UN Executive Board that can be applied by the ÒsponsorÓ towards
meeting its emission reduction commitments.
This
program has the added benefit of providing developing countries of capital
investment and clean technologies.
ERPA Emission
Reduction Purchase Agreement
GHG Greenhouse gases are
components of the atmosphere like water vapor, carbon dioxide, methane, nitrous
oxide & the ozone. These gases have to be maintained at certain levels to
prevent the greenhouse effect.
Example:
High levels of CO2 in the atmosphere caused that excessive burning of fossil
(or petroleum) fuels warms the earthÕs surface – hence the term global
warming.
GW Global warming refers to
the rising average temperature of the earthÕs surface air & oceans in
recent decades and its projected continuation.
Increasing
global temperatures will cause sea levels to rise, increase the intensity of
extreme weather events, affect agricultural yields, melt glaciers, etc.
KP The
Kyoto Protocol is an
update of the UNFCCC that was ratified by 172 countries composed of 36
countries (known as Annex 1 countries) that are required to reduce GHG emission
to levels specified for each of them and 137 countries (non Annex 1 countries)
that are simply obligated to monitor & report their GHG emissions.
tCO2e tons
Carbon Dioxide equivalent
UNFCCC The United
Nations Framework Convention on Climate Change is the original treaty of
the UN (United Nations) aimed at reducing emissions of GHG in order to combat
global warming.
For other questions or information, please email: biofuelswork@gmail.com
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