2. • A Carbon credit is a generic term meaning that a value has been
assigned to a reduction or offset of greenhouse gas emissions.
• A permit that allows the holder to emit one ton of carbon dioxide.
Credits are awarded to countries or groups that have reduced their green
house gases below their emission quota. Carbon credits can be traded in
the international market at their current market price.
• A certified carbon dioxide emission displacement credit, supposed to be
equal to one tone of CO2 removed from the environment.
• A tradable credit, specified as 1 tone CO 2 equivalent, created in an
emission reduction project.
3. • International Agreement struck by 176 nations.
• It provide for 3 mechanism :-
1. Under Joint Implementation
2. Under the Clean Development Mechanism.
3. Under International Emissions trading.
4. Total Volume
13%
2% Industrial Gases
Energy Efficiency
7% Renewable Energy
45%
Forestry
5%
Methane from Coal Minic
1%
Methane from Landfills
Methane from Livestock
17%
Other
10%
5. (Co2 Million Ton)
12000
10425
10000
8000 7744
7138
6573 USA
6000 5769
EU
4832 4769
4216 China
3808 3847 4048
4000 Japan
2289
2000 1211 1250
1057 1154
0
1990 2004 2015 2030
6. • Calculate Carbon Footprint.
• Check with utility company to see they have a carbon offset program
or not.
• Decide on the types of projects that want your carbon credit purchase
to support.
• Research carbon credit providers.
• Make yourself carbon neutral by purchasing your carbon credits from
the carbon credit provider of your choice.
• Reduce your carbon footprint so that you can buy fewer carbon
credits next time.
7. • Determine if your business or company could help offset carbon emissions
from larger companies
• Contact the Chicago Climate Exchange for membership information.
• Receiving information for available credits and stock prices
• Execute trades for carbon credits with large companies
• Sell shares of carbon credits to companies registered with the Chicago
Climate Exchange
8. Global buyer of Carbon Credit
4% 4%
2%
U.K.
Other Europe
12% Other & UNSP
Japan
11% Europe-Balatic
59%
Austria
2% Spain
6% Italy
Source : World Bank Report
9. Companies Project CERs (Units) Estimated Amount
Receivable
Torrent Power AEC Energy Efficiency 11900752 199.9
Gujarat fluro chemicals Gas Capture 3380076 56.8
Indian Aluminum Gas Capture 2553344 42.9
Lanco Group Fuel Switching 2289478 38.5
Jaypee Associates Energy Efficiency 1084469 18.2
Chennai Petroleum Energy Efficiency 1010000 17.0
Refineries
Balrampur chini Renewables 936289 15.7
Jindal Vijaynagar Steels Energy Efficiency 575967 9.7
Orissa Sponge Iron Energy Efficiency 424549 7.1
Kalpatru Power Renewables 313743 5.3
transmission
Indo-Gulf Corporation Energy Efficiency 245256 4.1
Grasim Industries Energy Efficiency 242270 4.1
