Postgraduate Course: Emission Reduction Project Development (CMSE11139)
Course Outline
| School | Business School |
College | College of Humanities and Social Science |
| Credit level (Normal year taken) | SCQF Level 11 (Postgraduate) |
Availability | Available to all students |
| SCQF Credits | 15 |
ECTS Credits | 7.5 |
| Summary | This course aims to provide students with practical experience in developing an emission reduction project. They will work through the project development cycle in groups, working with real-life data for either compliance or voluntary carbon market project. Lectures will be followed by group work and feedback at each stage of the project cycle. Students will come away from the course with an understanding of the process as well as of key risks and risk mitigation options in emission reduction project development. |
| Course description |
Until now, the largest market for emission reduction offset credits has been the Kyoto Protocol's Clean Development Mechanism (CDM), which credits emission reductions in developing countries. While the CDM continues to exist, demand for its credits has declined due to the lack of a sufficiently challenging and binding international climate change policy framework. However, various standards for crediting emission reductions in the voluntary carbon markets, and under various new compliance offsetting mechanisms, follow similar principles to the CDM. Therefore this course is based on the CDM, but with a view to learning principles of emission reduction project development which will be more broadly applicable in future. Essentially, any intervention to reduce emissions will raise questions of how effective it has been, and what would have happened otherwise. The CDM has evolved a considerable body of knowledge in methodologies and procedures to answer such questions systematically.
Syllabus
Introduction to Emissions Reduction Project Development
Project Management and team-work
Guidelines & Project Documentation
Screening a Project Idea Note (PIN)
Baseline & Monitoring methodologies (1): Common principles
Identifying a suitable methodology
Baseline & Monitoring methodologies (2): Grid electricity emission factor
Calculating the emission factor for an electricity system
Identifying the baseline scenario
Identifying and justifying the baseline scenario
Determining Additionality
Demonstrating additionality
Sustainable Development, environmental impact and stakeholder consultation
Student Learning Experience
Formal teaching occurs in lectures and workshops. Much of the learning will be the result of students¿ own reading and reflection, and preparation for coursework. A high level of student participation is expected, through discussion in class and working in groups. Scholarly endeavour is fundamentally about building on the discovery and insights of others, and we hope that team co-operation will enrich all students.
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Entry Requirements (not applicable to Visiting Students)
| Pre-requisites |
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Co-requisites | |
| Prohibited Combinations | |
Other requirements | For Business School PG students only, or by special permission of the School. Please contact the course secretary. |
Information for Visiting Students
| Pre-requisites | None |
| High Demand Course? |
Yes |
Course Delivery Information
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| Academic year 2015/16, Available to all students (SV1)
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Quota: None |
| Course Start |
Semester 2 |
Timetable |
Timetable |
| Learning and Teaching activities (Further Info) |
Total Hours:
150
(
Lecture Hours 10,
Supervised Practical/Workshop/Studio Hours 20,
Programme Level Learning and Teaching Hours 3,
Directed Learning and Independent Learning Hours
117 )
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| Assessment (Further Info) |
Written Exam
0 %,
Coursework
100 %,
Practical Exam
0 %
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| Additional Information (Assessment) |
Group presentations and report to class 30%; Group Project Design Documents 40%; Individual Essay of up to 2,000 words 30% |
| Feedback |
Students will be given formative feedback during the workshops from week 2 onwards, where the typical format will involve a short group presentation on an issue related to their group project. This is also a forum for 'feed-forward', as it will help with preparing the group PDD. In addition, each group will benefit from the feedback given by their peers as part of the group presentation (as it involves a validation audit of another group's project), again in time to respond to this feedback in preparing the final group PDD.
Feedback deadlines
Feedback on formative assessed work will be provided within 15 working days of submission, or in time to be of use in subsequent assessments within the course, whichever is sooner. Summative marks will be returned on a published timetable, which has been made clear to students at the start of the academic year.
Feedback will comprise in-class discussions and presentations (peer and lecturer feedback), group presentations of PDD validations (lecturer feedback), lecturer feedback on group PDDs and lecturer feedback on essays. |
| No Exam Information |
Learning Outcomes
On completion of this course, the student will be able to:
- Recognise and describe a generic emission reduction project development cycle;
- Critically discuss the drivers and objectives of different actors in the project development process;
- Critically compare the differences in rules and procedures between the major carbon offsetting schemes or standards;
- Critically assess the risks involved in creating and commercialising carbon credits, and describe how these risks may be mitigated.
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Reading List
Reading List (Preparatory)
Walker, G. & King, D. (2008) The hot topic: How to tackle global warming and still keep the lights on.
Kossoy, A. et al.(2013)
Mapping carbon pricing initiatives: Developments and prospects 2013, Washington, D.C., USA.
Kossoy, A. et al.(2014) State and Trends of Carbon Pricing.
Available at http://documents.worldbank.org/curated/en/2013/05/17751166/mapping-carbon-pricing-initiatives-developments-prospects.
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Additional Information
| Graduate Attributes and Skills |
Cognitive Skills:
After completing this course, students should be able to:
- Critically evaluate press coverage of carbon offsetting issues;
- Analyse the options available for monetising an emission reduction/carbon credit generation opportunity;
- Evaluate the risks to carbon credit generation from an emission reduction project and develop strategies to mitigate those risks;
- Co-operate with others from different professional, educational and cultural backgrounds to produce group analysis and present the results of group work.
Subject Specific Skills:
After completing this course, students should be able to:
- Assess the implications of changes in rules and procedures governing carbon offsetting schemes or standards, and how these will affect emission reduction project opportunities;
- Prepare the necessary documentation for an emission reduction project and be able to take it through the key stages of the project cycle;
- Understand, speak and write the language of carbon offsetting and carbon credits. |
| Keywords | ERDP |
Contacts
| Course organiser | Mr Stephen Porter
Tel: (0131 6)51 4545
Email: |
Course secretary | Miss Ashley Harper
Tel: (0131 6)51 5671
Email: |
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