Climate change: Everyone’s business A guide to how your business can be successful in China Guy Dru Drury (CBI), 10 July, 2008.

Climate change: Everyone’s business

A guide to how your business can be successful in China

Guy Dru Drury (CBI), 10 July, 2008

Climate Change Task Force Report: background

Key messages

Cost of abatement2002 real €/tCO2e

Floor insulation

CCS (early retired gas)

Industrial motor systems

40 €/tCO2e50

0

-150

-50

Fuel substitution

550

Zero-carbon homes

Wind on-shore

CCS (gas)

450

350

-400

Solar water heating

-100

600

500

Solid wall insulation

400

Engine and non-engine efficiency (commercial vehicles)

Engine and non-engine efficiency (cars)

Lighting

Condensing boilers

Nuclear

Building structure Cavity wall

Biofuels

Abatement potentialMtCO2e

0 10050 250200150

Abatement required to meet 2030 target

The UK cost curve for additional greenhouse gas reduction measures

McKinsey & Company

* Major contributors are lighting, PCs/other office appliances, stand-by losses, water heating, washing and drying

Building structure improvements

Appliances and lights*

Nuclear

CCS

Wind

Fuel efficient technology

Biofuels, plug-ins and hybrids

Motor systems

Non-CO2 gas emissions

Fuel substitution

BuildingsPower

TransportIndustry

0 20 40

Cross sectoral action needed NOW to cut emissions

Key insights from analysis

•4 main areas for cutting carbon – buildings, power, transport, industrial processes

•Abatements roughly 50/50 energy efficiency + low carbon energy

•Cost by 2020 €60-€90/tMtCO2e falling to €40 /tCO2e in 2030

•This equates to £100 per household per year by 2030

MtCO2e

McKinsey & Company

Fast fact 1

Deliverability

Fast fact 2

Consumers, business and government must work together

McKinsey & Company

3-year business plan

Conclusions

THANK YOU

CBI Beijing: 1006B, China Life Tower, 16 Chaoyangmenwai Ave, Beijing 100020

Tel (GMT + 8 hrs): (0086) 010 8525 3100 Fax: 010 8525 3116

Guy Dru Drury: (0086) 139 1103 7537

Email: [email protected]

www.cbichina.org.cn

http://www.avtclient.co.uk/climatereport/