SlideShare a Scribd company logo
1 of 33
A Presentation
On
Carbon Footprints
and
Carbon Credits
Presented by
Munish Arora
M.Tech. Fibers and Textile Processing Technology
Institute of Chemical Technology, Mumbai
OVERVIEW
1.Introduction
1.1 Greenhouse gases
1.2 Classification of greenhouse gases
2.Carbon footprints
3.Types of carbon footprints
4.Why calculate carbon footprint?
5.Calculating a carbon footprint
6.Reduction of carbon footprints
7.Glossary
8.Carbon credits
2
Climate change is increasingly recognised as a major
challenge.
Greenhouse gas emissions are the driving force behind
climate change.
Greenhouse Gases
Greenhouse gases are those which contribute to the
greenhouse effect . The six regulated gases are:
• Carbon dioxide (CO2)
• Methane (CH4)
• Nitrous oxide (N2O)
• Hydrofluorocarbons (HFCs)
• Perfluorocarbons (PFCs)
• Sulphur hexafluoride (SF6)
The most influential greenhouse gas for climate change is
carbon dioxide (CO2).
3
Where does all the Carbon dioxide come from?
Carbon dioxide (CO2) is released when we burn carbon based
fuels.
Almost all fuels are carbon-based, including:
 Petrol and diesel in our cars, vans and generators.
 Electricity generated from fossil fuel power stations.
 Coal, oil and gas in our power stations (and businesses).
 Jet fuel in aero planes.
Virtually all human activities cause CO2 emissions that lead to
climate change.
Hence every person is responsible for CO2 emissions.
So in actual its ‘carbon dioxide footprint’.
4
Effect of greenhouse gases on environment
 Easily trap the sun's heat.
 Keep the earth warm.
 Too much gases in the air leads to climate change, what we
call Global warming.
 Methane and nitrous oxide have high heat-trapping capacity
to carbon dioxide.
 But major role is played by carbon dioxide.
Classification of greenhouse gases
 Direct emissions that result from activities of the
organisation controls.
 Indirect emissions from the use of electricity.
 Indirect emissions from products and services.
5
Classification of Greenhouse gases
6
CARBON FOOTPRINT
 The total amount of CO2 and other greenhouse gas (GHG)
emissions for which an individual or organization is
responsible.
 Usually expressed in equivalent tons of carbon dioxide
(CO2).
 Calculated for events or products also.
 An organization's footprint includes
a. Direct emissions sources (e.g. direct use of fuels)
b. Indirect impacts (e.g. from the extended supply chain)
 When calculating an organization's footprint it is
important to include the full range of emissions.
7
TYPE OF FOOTPRINTS
8
WHY CALCULATE A CARBON
FOOTPRINT?
Two reasons for an organisation to calculate its carbon
footprint:
 To manage the footprint and reduce emissions over time.
 To report the footprint accurately to a third party.
1. To manage the footprint and reduce emissions
over time
 Opportunities for reduction can be identified and
prioritized.
 This approach is relatively quick and straightforward.
 More focusing on the areas of greatest savings potential.
9
2.To report the footprint accurately to a third
party.
Organizations increasingly want to calculate their
carbon footprint. The reasons are
 For Marketing and/or Corporate Social Responsibility
purposes.
 To fulfill requests from business or retail customers, or
from investors.
 To ascertain what level of emissions they need to offset
in order to become ‘carbon neutral’.
10
CALCULATING A CARBON
FOOTPRINT
A basic approach to carbon footprinting
 Calculation of a basic carbon footprint is a fairly quick
exercise.
 There are many simple calculators available on the
web.
 Cover direct emissions, but exclude some of the indirect
emissions.
 There are usually a handful of major emissions sources
that must be quantified, including:
1.Onsite fuel usage
2.Onsite electricity usage
3.Use of transport which you own.
11
Key information to calculate carbon footprint
Collect data from all utility meters.
Record the distances travelled by the organization's
vehicles.
Convert the fuel, electricity and transport consumption
figures to CO2 by using the standard emissions factors.
Once the basic carbon footprint has been established, it is
then possible to take steps to manage the emissions:
 Set and agree efficiency or emissions reduction targets.
 Identify likely opportunities for efficiency or emissions
reduction.
 Prioritize the opportunities, based on environmental or
financial criteria.
 Take action to implement the opportunities.
 Monitor the performance of the actions taken and improve
as necessary. 12
Producing a full carbon footprint
Accurate calculation of carbon footprint requires
More detailed approach
Specialist advice
The steps below show a systematic approach for producing
an accurate carbon footprint:
1. Methodology
2. Boundary and scope of coverage
3. Collect emissions data and calculate the footprint
4. Verify results (optional)
5. Disclose the footprint (optional).
13
METHODOLOGY
Methodology of a company must be clearly defined.
Importance
For a footprint to be repeatable and accurate there must be
a consistency.
In a large industry it is important, as many individuals help
collectively.
Commonly used methodologies are
1. GHG Protocol which provides detailed guidance on
corporate emissions reporting.
2. International Organization for Standardization, ISO
140645, also provides guidance on corporate footprint
calculation and emissions reporting.
14
BOUNDARY AND SCOPE OF
COVERAGE
The parts of the organization included in the process is
referred to as ‘boundary’ of the footprint.
Normally this includes
The full range of emissions that the organisation controls
directly.
Typically (but not always) includes subsidiaries and leased
assets.
15
COLLECT EMISSIONS DATA
The next step is to consider what types of emissions will be
included. It may include collecting information on
 Onsite fuel consumption.
 Owned transport utilization.
 Emissions from chemical reactions in manufacturing
processes or from land use or agricultural activities.
 Electricity consumption.
 Employee travel by air, rail and in vehicles not owned by
the organization.
 Suppliers’ emissions.
16
VERIFY RESULTS
Verification is done by an independent third party.
Verification typically involves
 Analysis of the methodology.
 Data collection techniques.
 Calculation process.
Different levels of assurance or verification of results are
available.
Greater levels of assurance or verification is more
expensive to achieve
17
DISCLOSE THE FOOTPRINT
If the footprint is to be disclosed in advertising material, the
following information is made available:
 Methodology used to calculate the footprint.
 Boundary conditions .
 Types of emissions are included and excluded.
 The data collection techniques.
 Any assumptions or estimates that were used through the
process.
 The level of verification of the results provided by
independent third parties.
18
REDUCING CARBON FOOTPRINT
At no cost
Energy
 Promoting energy awareness to all employees and
encourage them to turn off lighting when not in use.
 Unplug battery chargers when the tool is charged.
 Maximise the use of daylight, do not turn lights on when
daylight is sufficient.
 Remove obstructions from radiators.
 Turn off heating when doors or roller shutter doors are
open.
19
Low to medium cost
Energy
 Replace all lamps and tubes with low energy versions.
 Consider installing movement and daylight sensors in
areas frequently used such as corridors, toilets and
storage areas.
 Draught proof windows and doors.
 Increase loft insulation.
 Ensure boilers are maintained and serviced.
20
Long term investment
Energy
Consider installing micro-generation at business premises.
Replace single glazed windows with double glazed
alternatives.
Choose energy efficient equipment and tools.
Replace old boilers with modern energy efficient
alternatives.
Fit an insulated suspended ceiling in rooms or workshops
with high ceilings.
Fuel
Choose fuel efficient vehicles
21
GLOSSARY
Assurance
The process of an independent third party checking the
methodology, data and calculation processes to ensure that
they are robust.
Carbon neutral
Terminology for something having net zero emissions (for
example, an organisation or product).
Emissions conversion factor
Enables a conversion to be made from the input measure of
energy to the amount of carbon dioxide emissions that will
result.
22
The Greenhouse Gas (GHG) Protocol
A widely used standard for emissions reporting.
Covers project emissions reporting and corporate emissions
reporting.
The corporate emissions reporting standard provides a
methodology for calculation of a carbon footprint.
ISO 140645
ISO 140645 is an international standard for corporate
emissions reporting.
It builds on the approach outlined in the Greenhouse Gas
Protocol.
23
CARBON CREDITS
 Certificates issued to countries those reduce their emission
of greenhouse gases (GHG) which causes global warming.
 Came into existence as a result of increasing awareness of
the need for controlling emissions.
Key points
 One Carbon Credit is equal to one ton of Carbon Dioxide
 Methane and nitrous oxide have approximately 21 times
and 310 times, respectively, the heat-trapping capacity of
carbon dioxide.
 Reducing methane by one ton is equivalent to reducing
carbon dioxide by 21 tons.
24
ROLE OF CARBON CREDITS IN
EMISSION REDUCTION
 Limit for greenhouse gas emission for every
organization is fixed.
 Anyone who exceeds that limit has to pay heavy fine.
 So to reduce the greenhouse gas emission some
programs were made
1. To invest in CDM (Clean Development
Mechanism) project.
2. To buy carbon credits i.e. carbon trading
25
Invest in CDM
 To sell technology to a developed country by a
developing country.
 Get the credits obtained by the use of that technology.
Carbon Trading
If the companies fall short of the emission targets, they
can buy those from the market, from someone who was
successful in meeting those targets and has a surplus of
carbon units with them.
At last what obtained is the reduction in the greenhouse
gas emission and overall limit in the market remains the
same.
26
CARBON CREDIT IN INDIA
 India had 310 ‘eco-friendly’ projects awaiting approval last
counted in 2006.
 Once cleared, these projects can fetch about Rs 29,000
crore in the next seven years.
 India’s carbon credit market is growing, as many players
(industries) are adopting the Clean Development
Mechanism (CDM).
 US accounts for 30 per cent of global emissions, while
India makes for three per cent.
 Now, India can transfer part of its allowed emissions to
developed countries
27
Organizations involved in carbon trading are
 Karnataka Power Transmission Corporation
Ltd. (KPTCL).
 R&S Carbon Trading Ltd. USA.
 Renesola China.
 Universal Display, USA.
 Tata Chemicals, Mumbai, India.
 ISA Power, India.
 ITC Paperboards & Specialty Papers, India.
 Orient Green Power, India.
 Green Ventures International, India.
28
CONCLUSION
 It can be concluded that carbon footprints as well as
carbon credits carries an importance in our daily life.
 Everyone should realize its effect and should try to
protect the nature from its adverse effects.
 The carbon credit business is a rapidly changing
business, and people should be aware that market rates,
protocols, and registration programs can change
quickly.
29
ACKNOWLEDGEMENT
 Institute of Chemical Technology, Mumbai
 Dr. SR Shukla
 Other faculty members
 My lab mates
 My friends
30
THANKS
31
32
33

More Related Content

What's hot

Introduction to Carbon Footprint Calculation and the Importance
Introduction to Carbon Footprint Calculation and the Importance Introduction to Carbon Footprint Calculation and the Importance
Introduction to Carbon Footprint Calculation and the Importance Janathakshan Gte Ltd
 
Carbon Credit - Naresh Thakur
Carbon Credit  - Naresh ThakurCarbon Credit  - Naresh Thakur
Carbon Credit - Naresh ThakurNaresh Thakur
 
Carbon Credit for Sustainable Development
Carbon Credit for Sustainable DevelopmentCarbon Credit for Sustainable Development
Carbon Credit for Sustainable DevelopmentShabin Lalu
 
Organisational carbon footprint analysis
Organisational carbon footprint analysisOrganisational carbon footprint analysis
Organisational carbon footprint analysisKasun Wijerathna
 
Carbon Footprint
Carbon FootprintCarbon Footprint
Carbon FootprintAPEX Global
 
Air pollution and control
Air pollution and controlAir pollution and control
Air pollution and controlMoudud Hasan
 
Carbon trading mechanism
Carbon trading mechanism Carbon trading mechanism
Carbon trading mechanism Shilpa C
 
Introduction to Carbon Markets
Introduction to Carbon Markets Introduction to Carbon Markets
Introduction to Carbon Markets sanjoysanyal
 
Clean development mechanism in india
Clean development mechanism in indiaClean development mechanism in india
Clean development mechanism in indiaVivek Verma
 
Clean development mechanism
Clean development mechanismClean development mechanism
Clean development mechanismChandan Chaman
 

What's hot (20)

Carbon credits and carbon footprints
Carbon credits and carbon footprintsCarbon credits and carbon footprints
Carbon credits and carbon footprints
 
Carbon footprint
Carbon footprintCarbon footprint
Carbon footprint
 
Introduction to Carbon Footprint Calculation and the Importance
Introduction to Carbon Footprint Calculation and the Importance Introduction to Carbon Footprint Calculation and the Importance
Introduction to Carbon Footprint Calculation and the Importance
 
carbon credits
carbon creditscarbon credits
carbon credits
 
Carbon Credit - Naresh Thakur
Carbon Credit  - Naresh ThakurCarbon Credit  - Naresh Thakur
Carbon Credit - Naresh Thakur
 
Carbon Credit
Carbon CreditCarbon Credit
Carbon Credit
 
Carbon Credit for Sustainable Development
Carbon Credit for Sustainable DevelopmentCarbon Credit for Sustainable Development
Carbon Credit for Sustainable Development
 
Carbon foot print.ppt
Carbon  foot print.pptCarbon  foot print.ppt
Carbon foot print.ppt
 
carbon footprint
carbon footprintcarbon footprint
carbon footprint
 
Carbon Footprint - CSR
Carbon Footprint - CSRCarbon Footprint - CSR
Carbon Footprint - CSR
 
Organisational carbon footprint analysis
Organisational carbon footprint analysisOrganisational carbon footprint analysis
Organisational carbon footprint analysis
 
Carbon Footprint
Carbon FootprintCarbon Footprint
Carbon Footprint
 
8 Carbon Trading
8   Carbon Trading8   Carbon Trading
8 Carbon Trading
 
Air pollution and control
Air pollution and controlAir pollution and control
Air pollution and control
 
Carbon trading mechanism
Carbon trading mechanism Carbon trading mechanism
Carbon trading mechanism
 
Introduction to Carbon Markets
Introduction to Carbon Markets Introduction to Carbon Markets
Introduction to Carbon Markets
 
Carbon credits
Carbon creditsCarbon credits
Carbon credits
 
Clean development mechanism in india
Clean development mechanism in indiaClean development mechanism in india
Clean development mechanism in india
 
Carbon Credit
Carbon CreditCarbon Credit
Carbon Credit
 
Clean development mechanism
Clean development mechanismClean development mechanism
Clean development mechanism
 

Similar to Carbon Footprints and Carbon Credits

Carbon Footprints and Carbon Credit
Carbon Footprints and Carbon CreditCarbon Footprints and Carbon Credit
Carbon Footprints and Carbon Creditkanhaiya kumawat
 
Katriina Alhola& Jáchym Judl: Carbon Game - Concept, tools, implementation
Katriina Alhola& Jáchym Judl: Carbon Game - Concept, tools, implementation Katriina Alhola& Jáchym Judl: Carbon Game - Concept, tools, implementation
Katriina Alhola& Jáchym Judl: Carbon Game - Concept, tools, implementation Sitra / Ekologinen kestävyys
 
Carbon foot prints
Carbon foot printsCarbon foot prints
Carbon foot printsAnkit Kumar
 
Carbon Accounting in the Tourism Sector | Rachel Dunk & Steven Gillespie
Carbon Accounting in the Tourism Sector | Rachel Dunk & Steven GillespieCarbon Accounting in the Tourism Sector | Rachel Dunk & Steven Gillespie
Carbon Accounting in the Tourism Sector | Rachel Dunk & Steven Gillespieicarb
 
Net Zero in Medicines Manufacturing: Measuring and Reporting Carbon Footprint
Net Zero in Medicines Manufacturing: Measuring and Reporting Carbon FootprintNet Zero in Medicines Manufacturing: Measuring and Reporting Carbon Footprint
Net Zero in Medicines Manufacturing: Measuring and Reporting Carbon FootprintKTN
 
Counting for Large Property Portfolios | Sean Lockie
Counting for Large Property Portfolios | Sean Lockie Counting for Large Property Portfolios | Sean Lockie
Counting for Large Property Portfolios | Sean Lockie icarb
 
Shape Today the World of tomorrow
Shape Today the World of tomorrowShape Today the World of tomorrow
Shape Today the World of tomorrowDan Radacina Rusu
 
Carbon footprint reading 2
Carbon footprint reading 2Carbon footprint reading 2
Carbon footprint reading 2David Humphrey
 
Business guide on carbon emission redution and sustainability
Business guide on carbon emission redution and sustainabilityBusiness guide on carbon emission redution and sustainability
Business guide on carbon emission redution and sustainabilityBarney Loehnis
 
Carbon Accounting in Small and Medium Sized Enterprises | Rachel Dunk & Lisa ...
Carbon Accounting in Small and Medium Sized Enterprises | Rachel Dunk & Lisa ...Carbon Accounting in Small and Medium Sized Enterprises | Rachel Dunk & Lisa ...
Carbon Accounting in Small and Medium Sized Enterprises | Rachel Dunk & Lisa ...icarb
 
carbon credits
carbon credits carbon credits
carbon credits AhedDiwan
 
GHG Protocl Supply Chain and Product Standard High Level Overview
GHG Protocl Supply Chain and Product Standard High Level OverviewGHG Protocl Supply Chain and Product Standard High Level Overview
GHG Protocl Supply Chain and Product Standard High Level OverviewRanping Song
 
Introduction to climate change - 2019
Introduction to climate change - 2019Introduction to climate change - 2019
Introduction to climate change - 2019Pooneh Pirasteh
 

Similar to Carbon Footprints and Carbon Credits (20)

Carbon footprints
Carbon footprintsCarbon footprints
Carbon footprints
 
Carbon Footprints and Carbon Credit
Carbon Footprints and Carbon CreditCarbon Footprints and Carbon Credit
Carbon Footprints and Carbon Credit
 
Katriina Alhola& Jáchym Judl: Carbon Game - Concept, tools, implementation
Katriina Alhola& Jáchym Judl: Carbon Game - Concept, tools, implementation Katriina Alhola& Jáchym Judl: Carbon Game - Concept, tools, implementation
Katriina Alhola& Jáchym Judl: Carbon Game - Concept, tools, implementation
 
Carbon foot prints
Carbon foot printsCarbon foot prints
Carbon foot prints
 
Carbon Accounting in the Tourism Sector | Rachel Dunk & Steven Gillespie
Carbon Accounting in the Tourism Sector | Rachel Dunk & Steven GillespieCarbon Accounting in the Tourism Sector | Rachel Dunk & Steven Gillespie
Carbon Accounting in the Tourism Sector | Rachel Dunk & Steven Gillespie
 
Net Zero in Medicines Manufacturing: Measuring and Reporting Carbon Footprint
Net Zero in Medicines Manufacturing: Measuring and Reporting Carbon FootprintNet Zero in Medicines Manufacturing: Measuring and Reporting Carbon Footprint
Net Zero in Medicines Manufacturing: Measuring and Reporting Carbon Footprint
 
Forward-looking companies set science-based targets
Forward-looking companies set science-based targetsForward-looking companies set science-based targets
Forward-looking companies set science-based targets
 
Carbon Audit
Carbon AuditCarbon Audit
Carbon Audit
 
Carbon Audit
Carbon AuditCarbon Audit
Carbon Audit
 
Counting for Large Property Portfolios | Sean Lockie
Counting for Large Property Portfolios | Sean Lockie Counting for Large Property Portfolios | Sean Lockie
Counting for Large Property Portfolios | Sean Lockie
 
Shape Today the World of tomorrow
Shape Today the World of tomorrowShape Today the World of tomorrow
Shape Today the World of tomorrow
 
Carbon footprint reading 2
Carbon footprint reading 2Carbon footprint reading 2
Carbon footprint reading 2
 
Business guide on carbon emission redution and sustainability
Business guide on carbon emission redution and sustainabilityBusiness guide on carbon emission redution and sustainability
Business guide on carbon emission redution and sustainability
 
Carbon Accounting in Small and Medium Sized Enterprises | Rachel Dunk & Lisa ...
Carbon Accounting in Small and Medium Sized Enterprises | Rachel Dunk & Lisa ...Carbon Accounting in Small and Medium Sized Enterprises | Rachel Dunk & Lisa ...
Carbon Accounting in Small and Medium Sized Enterprises | Rachel Dunk & Lisa ...
 
carbon credits
carbon credits carbon credits
carbon credits
 
GHG Protocl Supply Chain and Product Standard High Level Overview
GHG Protocl Supply Chain and Product Standard High Level OverviewGHG Protocl Supply Chain and Product Standard High Level Overview
GHG Protocl Supply Chain and Product Standard High Level Overview
 
Carbon accounting advisory
Carbon accounting advisoryCarbon accounting advisory
Carbon accounting advisory
 
Introduction to climate change - 2019
Introduction to climate change - 2019Introduction to climate change - 2019
Introduction to climate change - 2019
 
Carbon Credit
Carbon CreditCarbon Credit
Carbon Credit
 
My seminar
My seminarMy seminar
My seminar
 

Carbon Footprints and Carbon Credits

  • 1. A Presentation On Carbon Footprints and Carbon Credits Presented by Munish Arora M.Tech. Fibers and Textile Processing Technology Institute of Chemical Technology, Mumbai
  • 2. OVERVIEW 1.Introduction 1.1 Greenhouse gases 1.2 Classification of greenhouse gases 2.Carbon footprints 3.Types of carbon footprints 4.Why calculate carbon footprint? 5.Calculating a carbon footprint 6.Reduction of carbon footprints 7.Glossary 8.Carbon credits 2
  • 3. Climate change is increasingly recognised as a major challenge. Greenhouse gas emissions are the driving force behind climate change. Greenhouse Gases Greenhouse gases are those which contribute to the greenhouse effect . The six regulated gases are: • Carbon dioxide (CO2) • Methane (CH4) • Nitrous oxide (N2O) • Hydrofluorocarbons (HFCs) • Perfluorocarbons (PFCs) • Sulphur hexafluoride (SF6) The most influential greenhouse gas for climate change is carbon dioxide (CO2). 3
  • 4. Where does all the Carbon dioxide come from? Carbon dioxide (CO2) is released when we burn carbon based fuels. Almost all fuels are carbon-based, including:  Petrol and diesel in our cars, vans and generators.  Electricity generated from fossil fuel power stations.  Coal, oil and gas in our power stations (and businesses).  Jet fuel in aero planes. Virtually all human activities cause CO2 emissions that lead to climate change. Hence every person is responsible for CO2 emissions. So in actual its ‘carbon dioxide footprint’. 4
  • 5. Effect of greenhouse gases on environment  Easily trap the sun's heat.  Keep the earth warm.  Too much gases in the air leads to climate change, what we call Global warming.  Methane and nitrous oxide have high heat-trapping capacity to carbon dioxide.  But major role is played by carbon dioxide. Classification of greenhouse gases  Direct emissions that result from activities of the organisation controls.  Indirect emissions from the use of electricity.  Indirect emissions from products and services. 5
  • 7. CARBON FOOTPRINT  The total amount of CO2 and other greenhouse gas (GHG) emissions for which an individual or organization is responsible.  Usually expressed in equivalent tons of carbon dioxide (CO2).  Calculated for events or products also.  An organization's footprint includes a. Direct emissions sources (e.g. direct use of fuels) b. Indirect impacts (e.g. from the extended supply chain)  When calculating an organization's footprint it is important to include the full range of emissions. 7
  • 9. WHY CALCULATE A CARBON FOOTPRINT? Two reasons for an organisation to calculate its carbon footprint:  To manage the footprint and reduce emissions over time.  To report the footprint accurately to a third party. 1. To manage the footprint and reduce emissions over time  Opportunities for reduction can be identified and prioritized.  This approach is relatively quick and straightforward.  More focusing on the areas of greatest savings potential. 9
  • 10. 2.To report the footprint accurately to a third party. Organizations increasingly want to calculate their carbon footprint. The reasons are  For Marketing and/or Corporate Social Responsibility purposes.  To fulfill requests from business or retail customers, or from investors.  To ascertain what level of emissions they need to offset in order to become ‘carbon neutral’. 10
  • 11. CALCULATING A CARBON FOOTPRINT A basic approach to carbon footprinting  Calculation of a basic carbon footprint is a fairly quick exercise.  There are many simple calculators available on the web.  Cover direct emissions, but exclude some of the indirect emissions.  There are usually a handful of major emissions sources that must be quantified, including: 1.Onsite fuel usage 2.Onsite electricity usage 3.Use of transport which you own. 11
  • 12. Key information to calculate carbon footprint Collect data from all utility meters. Record the distances travelled by the organization's vehicles. Convert the fuel, electricity and transport consumption figures to CO2 by using the standard emissions factors. Once the basic carbon footprint has been established, it is then possible to take steps to manage the emissions:  Set and agree efficiency or emissions reduction targets.  Identify likely opportunities for efficiency or emissions reduction.  Prioritize the opportunities, based on environmental or financial criteria.  Take action to implement the opportunities.  Monitor the performance of the actions taken and improve as necessary. 12
  • 13. Producing a full carbon footprint Accurate calculation of carbon footprint requires More detailed approach Specialist advice The steps below show a systematic approach for producing an accurate carbon footprint: 1. Methodology 2. Boundary and scope of coverage 3. Collect emissions data and calculate the footprint 4. Verify results (optional) 5. Disclose the footprint (optional). 13
  • 14. METHODOLOGY Methodology of a company must be clearly defined. Importance For a footprint to be repeatable and accurate there must be a consistency. In a large industry it is important, as many individuals help collectively. Commonly used methodologies are 1. GHG Protocol which provides detailed guidance on corporate emissions reporting. 2. International Organization for Standardization, ISO 140645, also provides guidance on corporate footprint calculation and emissions reporting. 14
  • 15. BOUNDARY AND SCOPE OF COVERAGE The parts of the organization included in the process is referred to as ‘boundary’ of the footprint. Normally this includes The full range of emissions that the organisation controls directly. Typically (but not always) includes subsidiaries and leased assets. 15
  • 16. COLLECT EMISSIONS DATA The next step is to consider what types of emissions will be included. It may include collecting information on  Onsite fuel consumption.  Owned transport utilization.  Emissions from chemical reactions in manufacturing processes or from land use or agricultural activities.  Electricity consumption.  Employee travel by air, rail and in vehicles not owned by the organization.  Suppliers’ emissions. 16
  • 17. VERIFY RESULTS Verification is done by an independent third party. Verification typically involves  Analysis of the methodology.  Data collection techniques.  Calculation process. Different levels of assurance or verification of results are available. Greater levels of assurance or verification is more expensive to achieve 17
  • 18. DISCLOSE THE FOOTPRINT If the footprint is to be disclosed in advertising material, the following information is made available:  Methodology used to calculate the footprint.  Boundary conditions .  Types of emissions are included and excluded.  The data collection techniques.  Any assumptions or estimates that were used through the process.  The level of verification of the results provided by independent third parties. 18
  • 19. REDUCING CARBON FOOTPRINT At no cost Energy  Promoting energy awareness to all employees and encourage them to turn off lighting when not in use.  Unplug battery chargers when the tool is charged.  Maximise the use of daylight, do not turn lights on when daylight is sufficient.  Remove obstructions from radiators.  Turn off heating when doors or roller shutter doors are open. 19
  • 20. Low to medium cost Energy  Replace all lamps and tubes with low energy versions.  Consider installing movement and daylight sensors in areas frequently used such as corridors, toilets and storage areas.  Draught proof windows and doors.  Increase loft insulation.  Ensure boilers are maintained and serviced. 20
  • 21. Long term investment Energy Consider installing micro-generation at business premises. Replace single glazed windows with double glazed alternatives. Choose energy efficient equipment and tools. Replace old boilers with modern energy efficient alternatives. Fit an insulated suspended ceiling in rooms or workshops with high ceilings. Fuel Choose fuel efficient vehicles 21
  • 22. GLOSSARY Assurance The process of an independent third party checking the methodology, data and calculation processes to ensure that they are robust. Carbon neutral Terminology for something having net zero emissions (for example, an organisation or product). Emissions conversion factor Enables a conversion to be made from the input measure of energy to the amount of carbon dioxide emissions that will result. 22
  • 23. The Greenhouse Gas (GHG) Protocol A widely used standard for emissions reporting. Covers project emissions reporting and corporate emissions reporting. The corporate emissions reporting standard provides a methodology for calculation of a carbon footprint. ISO 140645 ISO 140645 is an international standard for corporate emissions reporting. It builds on the approach outlined in the Greenhouse Gas Protocol. 23
  • 24. CARBON CREDITS  Certificates issued to countries those reduce their emission of greenhouse gases (GHG) which causes global warming.  Came into existence as a result of increasing awareness of the need for controlling emissions. Key points  One Carbon Credit is equal to one ton of Carbon Dioxide  Methane and nitrous oxide have approximately 21 times and 310 times, respectively, the heat-trapping capacity of carbon dioxide.  Reducing methane by one ton is equivalent to reducing carbon dioxide by 21 tons. 24
  • 25. ROLE OF CARBON CREDITS IN EMISSION REDUCTION  Limit for greenhouse gas emission for every organization is fixed.  Anyone who exceeds that limit has to pay heavy fine.  So to reduce the greenhouse gas emission some programs were made 1. To invest in CDM (Clean Development Mechanism) project. 2. To buy carbon credits i.e. carbon trading 25
  • 26. Invest in CDM  To sell technology to a developed country by a developing country.  Get the credits obtained by the use of that technology. Carbon Trading If the companies fall short of the emission targets, they can buy those from the market, from someone who was successful in meeting those targets and has a surplus of carbon units with them. At last what obtained is the reduction in the greenhouse gas emission and overall limit in the market remains the same. 26
  • 27. CARBON CREDIT IN INDIA  India had 310 ‘eco-friendly’ projects awaiting approval last counted in 2006.  Once cleared, these projects can fetch about Rs 29,000 crore in the next seven years.  India’s carbon credit market is growing, as many players (industries) are adopting the Clean Development Mechanism (CDM).  US accounts for 30 per cent of global emissions, while India makes for three per cent.  Now, India can transfer part of its allowed emissions to developed countries 27
  • 28. Organizations involved in carbon trading are  Karnataka Power Transmission Corporation Ltd. (KPTCL).  R&S Carbon Trading Ltd. USA.  Renesola China.  Universal Display, USA.  Tata Chemicals, Mumbai, India.  ISA Power, India.  ITC Paperboards & Specialty Papers, India.  Orient Green Power, India.  Green Ventures International, India. 28
  • 29. CONCLUSION  It can be concluded that carbon footprints as well as carbon credits carries an importance in our daily life.  Everyone should realize its effect and should try to protect the nature from its adverse effects.  The carbon credit business is a rapidly changing business, and people should be aware that market rates, protocols, and registration programs can change quickly. 29
  • 30. ACKNOWLEDGEMENT  Institute of Chemical Technology, Mumbai  Dr. SR Shukla  Other faculty members  My lab mates  My friends 30
  • 32. 32
  • 33. 33