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."[1]

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".[2] (See Clean Development Mechanism and Carbon Capture and Storage for more details).

Persoennel

Contact Details

24, rue Merle d’Aubigné
CH-1207 Genève
Switzerland
E-mail: secretariat At ieta.org
Phone: +41 22 737 05 00
Fax: +41 22 737 05 08
Website: http://www.ieta.org/ieta/www/pages/index.php

Articles and resources

Related SourceWatch articles

References

  1. International Emissions Trading Association, "About IETA", International Emissions Trading Association website, accessed August 2008.
  2. International Emissions Trading Association, "IETA submission to the UNFCCC on the inclusion of CCS in the CDM", June 16, 2008.

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