Date post: | 31-Aug-2014 |
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News & Politics |
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Swapnil | Gaurav | Team | Suhail
Climate change is a global problem that must be addressed locally.
Global governments won’t agree on action until individual nations have a plan. And individual nations are reluctant to make a plan until the rest of world takes the plunge too.
OUR STAND
Carbon Pricing is the solution
Explaining our stand
We are the world’s biggest energy consumer (2.713 MTOE)
We are the world’s biggest producer of carbon dioxide
(7,711 million tonnes)
The ‘ EFFECTS ’
China is home to 20 of the world’s 30most polluted cities.
Only 1% of China’s 560 millionurban residents breathe air that is deemed safe by European Union standards.
Impacts on economy
Costs of pollution
The health costs of air and water pollution in China
4.3 % of its GDP
By adding the non-health impacts of pollution, the total cost of air and water pollution in China
5.8 % of its GDP
Source: World bank
Hurting the ‘CHINA’ brand
China is the world’s No. 3 destination for international travel
Reluctant to travel or settle down in China
Drop in number of tourists (5% decrease compare to 2012)
Source: http://newsinfo.inquirer.net/464935/air-pollution-takes-toll-on-chinas-tourism
The ‘ ACTIONS ’
Pilot scheme
30 yuan per
tonne
50 yuan per
tonne
2014 2018
The 2nd biggest cap-and-trade program
Shenzhen, Beijing, Shanghai, Guangdong, Tianjin, Chongqing and Hubei.
Set to regulate 800 million to 1 billion tons of emission by 2015
We aim to cut carbon emission by
45% by
2020
The ‘ way ahead ’
Revenue neutral
NOTHING SHOULD BE RETAINED BY GOVERNMENT
How to give back?Dividend Tax reduction
Higher carbon usage = more tax
The same amount of dividend will be given to everyone
People with less carbon usage will get more dividend back than the tax they pay
Win-win situation
Protect the poorGood for politicianIncentive for reducing individual carbon foot print
What else are we doing?
Creating awareness
Survey by China daily
90% are very concerned with the global warming issue
79 % are willing to offset their carbon footprints
How many trees you want to kill today?
X 10
X 20X 30
X 50
Tax Benefit & priority in getting government contracts
Tax benefits
Carbon-free stars
International cooperation
Import duties should be proportional to carbon footprint of the country
Eg – Qantas pays duty for flying in EU
Charge economic rent for not creating negative externalities
Conclusion
Together we can and we will make this place a better place to live in …
Thank You