Welcome to Scribd, the world's digital library. Read, publish, and share books and documents. See more
Download
Standard view
Full view
of .
Look up keyword or section
Like this
22Activity
P. 1
Carbon Credit

Carbon Credit

Ratings:

5.0

(1)
|Views: 1,366|Likes:
Published by shaddythemaddy
what is carbon credit? how did it start and how the world is reacting towards Carbon Credit.
what is carbon credit? how did it start and how the world is reacting towards Carbon Credit.

More info:

Published by: shaddythemaddy on Feb 09, 2009
Copyright:Attribution Non-commercial

Availability:

Read on Scribd mobile: iPhone, iPad and Android.
download as DOC or read online from Scribd
See more
See less

12/28/2012

 
 
Carbon Credit
Institute of Petroleum ManagementGandhinagar
Submitted by-Shahid AhmedShashank SumanShashank TiwariShashwat Chaturvedi
1
 
2
 
Executive Summary
 The dangers of Global Warming and Climate Change that the world iscreating for it self, through emissions of GHGs, are one of the primaryissues of concern in the globe. IPCC and UNFCCC have made thepeople realize this and hence not very late the world has reacted to itin the form of Kyoto Protocol and Marrekesh Accords. But the industrialworld has even sought a way to materialize this concern and haveconverted it into a huge business opportunity in the form of CarbonMarkets and Carbon Credits. Thus converting a negative externalityinto a good business opportunity in which according to Coase Theorem
“everyone is better off”.
It is not only helping the world to reduce the emissions but also lettingdeveloping countries like India to have a good business opportunity tocapitalize on it for its development.
Objective
 The objective of this project is to understand the concept of carboncredits. What is it, how it is traded, what are its different mechanisms.We have also tried to find out the reasons which led to it. How thismarket was created. How does it effect the environment or in otherwords how is the environment being benefited due to it. Lookingtowards the past we have tried to find out what was the Kyoto Protocol,what led to it, what the decisions were taken. Looking at the presentscenario we have tried to find how India is capitalizing on it.
3

Activity (22)

You've already reviewed this. Edit your review.
1 hundred reads
1 thousand reads
Sayantan Basak liked this
Sayantan Basak liked this
Rahul Khosla liked this
gsunny_skykid7 liked this
slraaj added this note
Hi It seems to be a useful doc , Please be kind enough to email it to slraaj13@gmail.com
Humaira Jawed liked this
atvishal liked this
sid_786 liked this

You're Reading a Free Preview

Download
scribd
/*********** DO NOT ALTER ANYTHING BELOW THIS LINE ! ************/ var s_code=s.t();if(s_code)document.write(s_code)//-->