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ID:
138555
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| Summary/Abstract |
LONDON—James Carter, an investor who sank over $100,000 in several distressed ‘‘assets’’—carbon credits, land, palm oil—believes the companies had at least the appearance of legitimacy, or so the brokers of these deals assured him. Not far away from the pub in the well-heeled neighborhood of Mayfair where he’s sitting are the offices of several of these companies trading in lucrative investments, such as the Sierra Leone-based palm oil project. Well, so-called. Many are either virtual offices, or do not exist at all. These companies are shells, used merely as props, manned by nominee directors. Many have been dissolved or are inactive. Their websites are vague, providing no real detail. The companies have no bank accounts. The lease for the palm oil project is neither legally registered nor valid. Indeed, no palm oil plantation has ever existed at all.
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| 2 |
ID:
137702
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| Summary/Abstract |
Much of China's cement industry still uses outdated kilns and other inefficient technologies, which are obstacles to improving energy efficiency. Huge improvements in energy consumption intensity can be made by improving this technology. To evaluate the potential for energy-saving and CO2 emissions reduction in China's cement industry between 2010 and 2020, a model was developed based on the Asian-Pacific Integrated Model (AIM). Three scenarios (S1, S2 and S3) were developed to describe future technology policy measures in relation to the development of the cement industry. Results show that scenario S3 would realize the potential for CO2 emissions mitigation of 361.0 million tons, accounting for 25.24% of the predicted emissions, with an additional energy saving potential of 39.0 million tons of coal equivalent by 2020. Technology promotion and industrial structure adjustment are the main measures that can lead to energy savings. Structural adjustment is the most important approach to reduce the CO2 emissions from the cement industry; the resulting potential for CO2 emissions reduction will be increasingly large, even exceeding 50% after 2016.
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| 3 |
ID:
084306
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