• Embed Doc
  • Copy Link
  • Readcast
  • Collections
  • CommentGo Back
Download
 
CASE ABOUT CARBON CREDIT
PRESENTED BY
 
BHOLENDRA VARMAPGDM 3
RD
TRIMESTER
 
FROM
 
VISHVESHWARYA SCHOOL OF BUSINESSMANAGEMENTDADRI ,GZB
 
CARBON CREDIT 
Carbon credits
are a key component of national and internationalemissions tradingschemes that have been implemented to mitigateglobal warming.
They provide a way to reducegreenhouse effectemissions on anindustrial scale by capping total annual emissions and letting themarket assign a monetary value to any shortfall through trading.
Credits can be used to financecarbon reduction schemesbetweentrading partners and around the world.
There are also many companies that sell carbon credits tocommercial and individual customers who are interested in loweringtheir carbon footprinton a voluntary basis.
 
1.BACKGROUND
Burning of fossil fuels is a major source of industrialgreenhouse gasemissions, especially for power,cement, steel, textile, fertilizer and many other industrieswhich rely on fossil fuels (coal, electricity derived fromcoal, natural gas and oil).
The major greenhouse gases emitted by these industriesarecarbon dioxide,methane,nitrous oxide, hydrofluorocarbonsetc, all of which have not yet beencompletely proven to increase the atmosphere's ability totrap infrared energy and thus affect theclimate.
The concept of carbon credits came into existence as aresult of increasing awareness of the need for controllingemissions..
of 00

Leave a Comment

You must be to leave a comment.
Submit
Characters: ...
You must be to leave a comment.
Submit
Characters: ...