CERINA plan: 'Investment' rather than 'CO2 limits'
The basic idea of CERINA plan (CO2 Emissions and Renewable Investment Action Plan) goes back to the failed UN Climate Change Conference in Copenhagen in 2009 and is based on investment contributions of countries. Unlike limit approaches like the Kyoto Protocol and the haggling over CO2 limits investment country rankings are positive connotations. This show, for example, State rankings for Gross Domestic Product (GDP). In investment debates the focus always is on innovation, growth and employment.
Investments as driver - the basic principle of the CERINA plan
The principle of the CERINA plan: The global rise in emissions, i.e. their growth, is known exactly: it is some 500 – 700 million tonnes of CO2 a year. In retrospect, or starting from the outcome, it is possible to calculate how high annual investment must be in renewable energies as a CO2-free technology if this global growth in CO2 is to be compensated. According to calculations by the IWR Institute, it will be a world-wide investment of some EUR 500 billion a year.
Investment contributions of countries and fair distribution between the countries
The second step will be to allocate investment to different countries in accordance with a causal principle. In the IWR model, this causal allocation will reflect the CO2 emissions of a particular country, the basic principle being: the higher the CO2 emissions of a country, the greater the investment.
Taking the total level of investment and total world-wide emissions of CO2, it will be possible to calculate an investment-allocation rate per tonne of CO2 (EUR 16 per tonne of CO2). Because the CO2 emissions of every country are known, it is very simple to calculate the level of national investment in CO2-free technologies (Renewable Energy Investment target / actual comparison CERINA-Table 2014).
Countries will have strategic course of action
Benefits for the countries concerned: each country will have two options: national CO2 reduction measures, such as heat insulation, will reduce the level of investment necessary. Renewable Energy investment itself will reduce CO2 emissions. As a combined outcome, both approaches will lead to lower global CO2 emissions.
International climate protection with the CERINA Plan: benefits and effect
The CERINA Plan will overcome the current paralysis of action and, ultimately, initiate government activities and measures aimed at reducing CO2, namely through measures for CO2 reduction or avoidance (e.g. emissions trading), efficiency measures or the expansion of renewable energies.
The 5 benefits of CERINA Plan for global climate protection
- CERINA Plan: state activities / or active investments in climate protection measures are the main focus, not the negotiating tactics
- All countries can take part in principle and are included, since energy efficient investments are possible everywhere
- The CERINA Plan explicitly takes into account the CO2 reduction measures of countries, and existing instruments such as emissions trading
- The paralysis of the states can be overcome. The investment activities in relation to the CO2 emissions of states will be presented at every UN climate conference. A public investment ranking with target/actual comparisons motivates politicians to promote investment in their own country
- A CO2 reduction is the outcome in every case, whether it is a result of investments in CO2-reduction measures or renewable energies!