Research & Industry Centre of Photosynthesizing Organis, Armenia
Title: Climate change, necessities of change in global environmental policy and microalgae application
Biography: Armen B Avagyan
During action of the Kyoto Protocol the GHG emissions are growing of about 52 billion tons CO2 per year or up 58% from 1990. The UNEP fixed that even if all countries deliver on the Paris Climate Agreement, the world will warm by 3.0 to 3.2°C. The UN’s top Climate change officials, Addis Ababa Action Agenda and the Marrakech Partnership for Global Climate Action declare as imperative action - multi-stakeholder partnerships and the attraction of the private sector investment for fast track development of Climate change mitigation. However, they did not offer effective and equitable policy component for Global market partnership based on the payments to the private companies for mitigation of Climate change impact. Such payments fund must be developed from the incomes of pollution taxes, etc. and will serve economical effective increasing of investments in the development of the Global Life Conserve Industry. This will allow also mitigate market penetration influence (as falling oil prices on today’s biofuel market).
The technological approach must base also on the algae CCS technology. The microalgal production of 417,659 tones can absorb up to 0.764 MtCO2eq (in addition, reduction of NOx and VOCs) and produce 0.559 MtO2eq with a decreasing of Canadian producers carbon taxes up to US$ 764–1528 billion per year. This quantity of microalgae can used as feed additive (1%) and will meet the total demand of Canada on 213%, USA on 25%, or Europe on 20% per year. Microalgae-derived biofuel can reduce GHG emission for Canada on 71-106 MtCO2 per/year.
The development of the microalgae Live Conserve Industry is principal step from non-efficient protection of the environment to its cultivation in a large scale with mitigation of GHG emission and waste as well as generating of O2 and value-added products by the use of opens an important shift towards a new design and building of a biological system