International Emissions Trading Association
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The International Emissions Trading Association (IETA) states on its website that it supports the "objectives of the United Nations Framework Convention on Climate Change" and "the establishment of effective market-based trading systems for greenhouse gas emissions by businesses that are demonstrably fair, open, efficient, accountable and consistent across national boundaries. It also states that it supports "maintaining societal equity and environmental integrity while establishing these systems."
Submission on Carbon Capture and Storage
In June 2008 IETA made a submission arguing that Carbon Capture and Storage should be included in the Clean Development Mechanism under the United Nations Framework Convention on Climate Change (UNFCC). In its submission IETA argued that "delaying its use risks large GHG emissions to the atmosphere that could have been captured and stored, thereby reducing our ability to tackle global climate change" and that "CCS is a proven technology. The oil and gas industry has gained considerable experience over several decades relating to the capture, transport and storage of CO2 and the monitoring of CO2 injected in geological formations". (See Clean Development Mechanism and Carbon Capture and Storage for more details).
- Henry Derwent, President and CEO
24, rue Merle d’Aubigné
E-mail: secretariat At ieta.org
Phone: +41 22 737 05 00
Fax: +41 22 737 05 08
Articles and resources
Related SourceWatch articles
- ↑ International Emissions Trading Association, "About IETA", International Emissions Trading Association website, accessed August 2008.
- ↑ International Emissions Trading Association, "IETA submission to the UNFCCC on the inclusion of CCS in the CDM", June 16, 2008.
- International Emissions Trading Association, "Carbon Dioxide Capture and Geological Storage As a Clean Development Mechanism Project Activitiy", Submission to the UNFCCC Secretariat by the International Emissions Trading Association (IETA), 16th June 2008.(Pdf)
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