About this Course

The global concern about carbon emissions from fossil fuels, global warming and climate change has led to the development of energy policy instruments that encourage renewable energy technologies and their integration into the global and national energy mix, while using that instrument to tax carbon emissions and use the proceeds to fund renewables.

The United Nations Framework Convention on Climate Change (UNFCCC) is the primary international treaty on global climate change. Signed in Rio de Janeiro in 1992, the Convention’s objective is the “stabilization of greenhouse gas concentrations in the atmosphere at a level that would prevent dangerous anthropogenic interference with the climate system.”

The Protocol also stipulates that the reduction objectives are not legally binding until those countries having ratified the treaty represent at least 55% of global emissions in 1990. This quorum was achieved in September of 2004 following the ratification of the Protocol by Russia.

In this module, you will learn about carbon markets and trading, and how they have become instruments for carbon dioxide emission management, as well as, what an energy policy constitutes. The module concludes with a review of Nigeria’ Energy Policy, as issued by the Energy Commission of Nigeria, and the Department of Petroleum Resources.

Learning Outcomes & Objectives:

At the end of this Module, you will
*Know the more about UNFCCC treaty
*Understand the Paris Climate Change Agreement
*Be equipped with how Carbon Credits are used
*Become aware factors that influence the Global Energy Policy
*Get conversant with the NigerianECN’s Energy Policy and Renewable Energy Policy.
*Know the details of the DPR’s Petroleum Policy, Gas Policy and Petroleum Fiscal Policy.
*And the Energy international Management System