Ethiopia to reduce carbon emission by 64 percent

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Ethiopia submitted a comprehensive climate deal that included a green house gas cut of 64 percent by 2030 and an intention to sell carbon credits over the 2020-2030 periods.Ethiopia became the third African country to unveil its plan to slash carbon emissions as part of a global pact.

That makes Ethiopia the 40th country to post a so-called intended nationally determined contribution, in UN parlance, towards curbing global warming.

The fast-growing African nation emitted 150 million tons of carbon in 2010 and aims to emit 145 million tons by 2030 compared to the 400 million tons it is expected emit without such action.

Most reductions will come from improving farming practices and protecting or re-establishing forests, with other cuts coming by expanding power generation from renewable sources and using more efficient technologies in the transport, industry and building sectors including cleaner cook stoves.

Implementing the climate deal would fully cost an estimated $150 billion, despite 80percent of the abatement potential costing less than $15 per ton of carbon dioxide emissions.

Source: http://en.starafrica.com/