This project includes three parts: first, the discussion and analysis of the key elements after Kyoto; second,participation and getting involved in the Post-Kyoto researches hosted by key international institutes; third,the domestic Kyoto compliance systems integration and capacity building. The findings and efforts are summarized as followings. A. Discussion and analysis of the key elements after Kyoto (a) On International politic level, this project (i) summarized the decisions passed by the Policy and Implementation Committee Meeting of Asia-Pacific Partnership on Clean Development and Climate (APP) in September, 2006; and also completed the explanations of the Sydney APEC Leaders’ Declaration on Climate Change, Energy Security and Clean Development. (b) completed the analysis the climate implementation policies of South Korean, India, Singapore, China and Japan. (c) collated the declaration “Growth and Responsibility in the World Economy“ announced by G8 Summit. (d) abstracted the conclusions of the Conference of UN Framework Convention on Climate Change and the results of energy security and climate change meetings of mains economic entities. (b) Economic level: this project (i) provided the trends of global crude oil price from June to December 2007; (ii) completed the introduction of quota transaction of different emission trading systems (EU ETS, New South Wales Emission Trading system, Australia and Chicago Climate Exchange), also estimated the markets based on the research reports from Point Carbon; abstracted the carbon tax mentioned in Multilateral Adaptation Fund in COP13; (c) Legal level: this project (a) completed the legal analysis and decisions of COP13 and 4th AWG meeting, also the 2008~2009 AWG meeting schedule; (b) achieved the explanations the principles adopted by GATT/WTO dealing with Multilateral Environment Agreements, the connection between WTO and Post-Kyoto solutions and the discussion of the possibilities for emission credits traded as goods under GATT. This project also analyzed the legal issues of emission trading between US and Canada. B. Participation and getting involved in the Post-Kyoto researches hosted by key international institutes (a) Participated the Conference of UNFCCC and established the international corporation channels; (i) completed the two persons participation on meetings of COP13 and MOP3; the key points included: the long-term Corporation Dialog of Climate Change, Bali Action Plan and the position explanation of main negotiation groups. (b) The possibility analysis of Taiwan to join the international emission trading systems: (i) the legislations comparative among Chicago Accord, RGGI regulations and Taiwan GHG Reduction Drafting Act. (ii) this project provided the rules and memorandum of RGGI for future reference of CO2 emission trading and investments. C. The domestic Kyoto compliance systems integration and capacity building (a) Analyzed the future commitment measures and the technology capacities for the emission trading scheme: (i) completed the discussion of the report of New Commitment Options: Compatibility with Emissions Trading in November 2005; (ii) the comparisons and analysis of temporal flexibility systems, such as EU ETS, RGGI and Chicago Climate Change. (b) The analysis of monitoring measures of carbon trading market: introduced the legal nature, creation, transfer, retirements of CERs. Further discussed the possible transaction types and monitoring measures of CERs. Finally analyzed the risks and dispute resolution of CDM projects. (c) The suggestions for Taiwan’s economic system proceeds the international regulations: (i) this project explained the reduction pressures of Taiwan within the climate change regime. (ii) this project also provide suggestions for Taiwan’s participation measures based on the explanations of global carbon trading system.

Post Kyoto, United Nations Framework Convention on Climate Change (UNFCCC), Clean Development