Carbon Credits Financed Projects and activities

Gram Ujala scheme to offer LED bulbs for Rs 10 per piece in rural areas
Gram Ujala Programme is a programme done under convergence energy services ltd under
this programme high quality energy efficient LED bulbs will be distributed at Rs 10 per piece
in certain villages in India. This scheme will offer the worlds cheapest LED bulb under the
scheme 7 watt and 12-watt LED bulb will be provided. The programme will be financed
entirely through carbon credits. The revenue earned from carbon credits will contribute
rs60 per LED bulb piece The programme will have a significate impact on climate change,
cost savings, energy savings and CO2 reduction.
Attero Recycling Pvt ltd
A project meant through energy efficiency and saving through recycling of waste materials.
It is always useful to recycle the waste material. Recycling process consumes about half of the
energy to produce same quantity of products which would have been otherwise made from the
virgin material. As per the Energy Information Administration (EIA) website, a paper mill uses
40% less energy to make paper from recycled material than it does to make paper from fresh
lumber. Greenhouse Gas emissions reduction by recovering metals and materials through
Electronic Waste collection and recycling process performed at Attero Recycling Pvt Ltd plant
located in Uttarakhand, India can generate an annual carbon credits of about 4500.

Gas flaring reduction project

Gas flaring reduction project in ONGC Assam facility. Under this project 2 gas compressors
will be installed by this way ONGC can recover the natural gas which otherwise being flared
during the production process. This will lead to avoidance of gas flaring and hence
protecting the environment by this the project can generate an annual carbon credits of
7500.
Financing farmers in Texas US
Carbon markets is becoming a potential source of income for farmers. Agriculture operation
can save the environment more cheaply when compared to other projects like solar farm
wind farm etc In Texas some farmers are who use new environment friendly farming
techniques like no tillage production are getting a reward of about $1 to $ 5 per acre per
year by the way of selling carbon credits.