• A Carbon credit is a generic term meaning that a value has beenassigned 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 greenhouse gases below their emission quota. Carbon credits can be traded inthe international market at their current market price.• A certified carbon dioxide emission displacement credit, supposed to beequal to one tone of CO2 removed from the environment.• A tradable credit, specified as 1 tone CO 2 equivalent, created in anemission reduction project.
• 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.
Total Volume 13% 2% Industrial Gases Energy Efficiency 7% Renewable Energy 45% Forestry 5% Methane from Coal Minic1% Methane from Landfills Methane from Livestock 17% Other 10%
(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
• Calculate Carbon Footprint.• Check with utility company to see they have a carbon offset programor not.• Decide on the types of projects that want your carbon credit purchaseto support.• Research carbon credit providers.• Make yourself carbon neutral by purchasing your carbon credits fromthe carbon credit provider of your choice.• Reduce your carbon footprint so that you can buy fewer carboncredits next time.
• Determine if your business or company could help offset carbon emissionsfrom 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 ChicagoClimate Exchange
Global buyer of Carbon Credit 4% 4% 2% U.K. Other Europe 12% Other & UNSP Japan 11% Europe-Balatic 59% Austria 2% Spain 6% ItalySource : World Bank Report
Companies Project CERs (Units) Estimated Amount Receivable Torrent Power AEC Energy Efficiency 11900752 199.9Gujarat 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 15.7Jindal Vijaynagar Steels Energy Efficiency 575967 9.7 Orissa Sponge Iron Energy Efficiency 424549 7.1 Kalpatru Power Renewables 313743 5.3 transmissionIndo-Gulf Corporation Energy Efficiency 245256 4.1 Grasim Industries Energy Efficiency 242270 4.1