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With global requirements on energy conservation and emission reduction, it is of great significance to improve current techniques or find new techniques to promote the energy efficiency of steam injection process and mitigate associated greenhouse gas emissions.
For the government to have more effective emission reduction, it needs to increase the share of energy consumption produced from renewable resources at least up to 27%% by 2020.
Although RES generation is an effective approach in the aspects of CO2 emission reduction, it should be difficult to achieve the grid-parity compared with current generation technologies due to high production cost, low generation efficiency and unstable power capacity etc., despite of many supports from above mentioned subsidies and preferences.
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The government has already spent 67% of its $2.5bn ERF to achieve only 7% of the emission reductions it needs to meet its Paris target.
With continued improvement in air quality following vehicle emission reductions, it is time to consider the long-term outlook for future vehicle regulations.
But your policy says quite explicitly this safeguard mechanism is not designed to force anyone to reduce their emissions and on the other hand your minister says that policy will achieve 200m of emission reductions, it's not me saying it, it's a discrepancy in your own policy.
But neither of the trading scenarios envisaged in the white paper – a business that exceeds its baseline buying a credit from another business, or a business that fails to achieve all the emission reductions it has promised buying a credit from another business – would result in the government receiving money.
The independent senator, Nick Xenophon, who agreed to provide an essential vote for Direct Action on the understanding that the safeguards mechanism would be given "teeth", said recently that the final form of the "safeguards" showed Direct Action had been "neutered" and could not guarantee the emission reductions it had promised.
The specific timeframes for implementation are not clear in the policy document released this week, and Labor has refused to release a carbon budget making transparent the specific levels of emissions reduction it is factoring in in each sector of the economy.
His five takeaways are mostly negative: the world is still on track for more than 4 degrees in temperature hikes even if every country implements every carbon-emissions reduction it's planned; the promise to develop an agreement by 2015 which will become "an outcome with legal force" by 2020 will be just a scrap of paper for a President Romney.
As this programme delivers verifiable emissions reductions it will receive a contractual payment from the GCF of $5 per tonne.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com