Lecture

Swiss Climate Objectives and Carbon Offsetting

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Description

This lecture by the instructor covers the Swiss climate objectives and carbon offsetting strategies. It delves into the goal of achieving net zero greenhouse gas emissions by 2050, with a focus on reducing emissions and utilizing negative emission technologies. Specific sectoral targets for buildings, transportation, and industry are outlined, along with the inclusion of Scope 1, 2, and 3 emissions in reduction goals. The lecture also discusses adaptation goals to mitigate climate change impacts, financial objectives to align with climate goals, and the concept of carbon neutrality through carbon offsetting. It concludes with a critical analysis of different types of carbon credits and their implications for achieving carbon neutrality.

Official source

Ontological neighbourhood

Environmental science

Climate: Climate change mitigation

Related concepts (32)

Carbon accounting

Carbon accounting (or greenhouse gas accounting) is a framework of methods to measure and track how much greenhouse gas (GHG) an organization emits. It can also be used to track projects or actions to reduce emissions in sectors such as forestry or renewable energy. Corporations, cities and other groups use these techniques to help limit climate change. Organizations will often set an emissions baseline, create targets for reducing emissions, and track progress towards them.

Carbon emission trading

Emission trading (ETS) for carbon dioxide (CO2) and other greenhouse gases (GHG) is a form of carbon pricing; also known as cap and trade (CAT) or carbon pricing. It is an approach to limit climate change by creating a market with limited allowances for emissions. This can lower competitiveness of fossil fuels and accelerate investments into low carbon sources of energy such as wind power and photovoltaics. Fossil fuels are the main driver for climate change. They account for 89% of all CO2 emissions and 68% of all GHG emissions.

Carbon offsets and credits

A carbon offset is a reduction or removal of emissions of carbon dioxide or other greenhouse gases made in order to compensate for emissions made elsewhere. A carbon credit or offset credit is a transferrable financial instrument (i.e. a derivative of an underlying commodity) certified by governments or independent certification bodies to represent an emission reduction that can then be bought or sold. Both offsets and credits are measured in tonnes of carbon dioxide-equivalent (CO2e).

Emissions trading

Emissions trading is a market-based approach to controlling pollution by providing economic incentives for reducing the emissions of pollutants. The concept is also known as cap and trade (CAT) or emissions trading scheme (ETS). Carbon emission trading for and other greenhouse gases has been introduced in China, the European Union and other countries as a key tool for climate change mitigation. Other schemes include sulfur dioxide and other pollutants.

Greenhouse gas emissions

Greenhouse gas emissions (abbreviated as GHG emissions) from human activities strengthen the greenhouse effect, contributing to climate change. Carbon dioxide (), from burning fossil fuels such as coal, oil, and natural gas, is one of the most important factors in causing climate change. The largest emitters are China followed by the US, although the United States has higher emissions per capita. The main producers fueling the emissions globally are large oil and gas companies.

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