Are the reduction certificates achieved by the project backed with AAUs
or RMUs? If not, then the achieved emission reductions are not additional
as both Australia and the project owner account for the reductions. Australia
will use it to reach its Kyoto target and refrain from taking other steps.
So backing with AAUs or RMUs in Kyoto Annex-B countries (as required by the
Voluntary Gold Standard) is crucial for avoiding double counting and assuring
additionality.
Comment 1
Are the reduction certificates achieved by the project backed with AAUs or RMUs? If not, then the achieved emission reductions are not additional as both Australia and the project owner account for the reductions. Australia will use it to reach its Kyoto target and refrain from taking other steps. So backing with AAUs or RMUs in Kyoto Annex-B countries (as required by the Voluntary Gold Standard) is crucial for avoiding double counting and assuring additionality.
Martin Stadelmann, 19 May 09