Yuko Nishida Bureau of Environment Tokyo Metropolitan Government

20121206 COP18 ICLEI

Tokyo Cap & Trade & International Knowledge exchange

Tokyo Cap-and-Trade Program (2010-): Outline “The World’s First Urban Cap-and-Trade Program”

Covered gas: energy related CO2 emissions

Coverage: 1300 facilities emitting large amount of CO2

• Mainly buildings in the commercial sector

• Covers 40% of missions from commercial & industrial sector in Tokyo

Cap: 6% reductions for the 1st phase, 17% for the 2nd (two 5yr period)

Compliance Obligation: Covered facilities are required 6 or 8%

reductions over a 5 year period from their own base year emissions

Allowance allocation: Grand-fathering, for free

Emission Trading: Tradable allowances are limited to the excess

reductions over compliance obligations

MRV system has established for the program

Offset system: renewables, emission reductions in small facilities, etc.

Excellent Results!

1. First year reports from covered facilities

In total 13% reductions from the base year emissions

64% of facilities reduced more than their compliance

obligations for a year

2. Responding Buildings Sector

Vast investment in “Greening” buildings

3. Great help to overcome the power crisis after

“Fukushima”

Preparedness for the energy scarce situation

Cities’ alliance is the key

to share knowledge and experiences in depth

Urban Cap-and-Trade is an effective policy tool

to reduce emissions from a demand side

Reference

TMG Website www.kankyo.metro.tokyo.jp/enf

Tokyo Cap& trade www.kankyo.metro.tokyo.jp/en/climate/cap_and_trade.html

www.kankyo.metro.tokyo.jp/en/int/TOP30_English.pdf

Low Emission Building TOP 30 in Tokyo www.kankyo.metro.tokyo.jp/en/int/top30.html

Green Building Program www.kankyo.metro.tokyo.jp/en/climate/build.html

Contact tokyoets@kankyo.metro.tokyo.jp

Yuuko_Nishida@member.metro.tokyo.jp

Overcome the power crisis

after the Fukushima accident

Demand in 2010

Demand in 2012

1 July 8 July 15 July 22 July 29 July 5 Aug. 12 Aug. 9 Aug. 25 Aug. 31Aug.

Peak load in 2010

59.99 mW

Peak load in 2012

50.78 mW

Peak Load Cut in 2012

15%, 9.25mW (at peak)

7%, 8.78mW (in 2 months ave.)

60mW

50mW

40mW

30mW

20mW

Peak Power Consumption (from 1 July to 31 Aug.)