This document discusses carbon credits and their role in addressing climate change. It begins by explaining the causes and impacts of climate change. It then defines carbon credits as certificates issued for reducing greenhouse gas emissions. Countries can trade carbon credits on the international market under the Kyoto Protocol's emissions trading mechanism. The document provides details on how carbon credits are generated and traded, and the role of the Clean Development Mechanism and other frameworks in facilitating emissions reductions between developed and developing countries. It concludes by emphasizing the social and economic benefits of participating in carbon credit markets.
Carbon Trading, Emission Balance, Types of Carbon Credit, Voluntary Emissions Reduction (VER), Certified Emissions Reduction (CER), Price of Carbon Credit, Emissions Trading Systems (ETS), Carbon tax , How does carbon pricing work?, Carbon Markets, Trading of Carbon Credits, Trading of Carbon Credits in India
Carbon Trading, Emission Balance, Types of Carbon Credit, Voluntary Emissions Reduction (VER), Certified Emissions Reduction (CER), Price of Carbon Credit, Emissions Trading Systems (ETS), Carbon tax , How does carbon pricing work?, Carbon Markets, Trading of Carbon Credits, Trading of Carbon Credits in India
Carbon markets 101 introduces the market mechanisms under the Kyoto Protocol and related initiatives. It helps executives and managers understand emerging business issues around carbon trading, emission reduction projects and carbon monitoring.
In this month's SlideShare we'll be covering the topic of carbon credits and carbon offsets and how these instruments are implemented to reduce carbon emissions to combat climate change. While the terms are often used interchangeably, carbon credits and carbon offsets does have certain key differences we'll be exploring. There are also important milestones to note, from the US Clean Air Act and Kyoto Protocol to UN Carbon Offset Platform. Over recent years, the carbon market value have grown significantly from EUR 186 billion in 2018 to EUR 850 billion in 2022.
Carbon markets 101 introduces the market mechanisms under the Kyoto Protocol and related initiatives. It helps executives and managers understand emerging business issues around carbon trading, emission reduction projects and carbon monitoring.
In this month's SlideShare we'll be covering the topic of carbon credits and carbon offsets and how these instruments are implemented to reduce carbon emissions to combat climate change. While the terms are often used interchangeably, carbon credits and carbon offsets does have certain key differences we'll be exploring. There are also important milestones to note, from the US Clean Air Act and Kyoto Protocol to UN Carbon Offset Platform. Over recent years, the carbon market value have grown significantly from EUR 186 billion in 2018 to EUR 850 billion in 2022.
Presentaion on carbon credits and kyoto protocolAnkit Agrawal
To combat these changes globally, Kyoto Protocol was created and has been
agreed upon by 170 countries so far, committing themselves to reduce Green
House Gas Emissions and improve Energy Efficiency.
• The Kyoto Protocol envisages reduction of Green House Gases by 5.2% in the
period 2008-12.
• New System of Carbon Credits is Introduced in the texts of Kyoto Protocol is
being formalised to bring more awareness in Industries to reduce their annual
carbon emission by awarding monetary value to reduced emission taking us
towards eco-friendly future
•Through this Presentation we are going to bring into focus
these two main International steps on combating the new evil
“Global Warming”.
In today's milieu we all are facing an issue of global warming. Global warming occurs when carbon dioxide (CO2) and other air pollutants collect in the atmosphere and absorb sunlight and solar radiation that have bounced off the earth’s surface. Normally, this radiation would escape into space—but these pollutants, which can last for years to centuries in the atmosphere, trap the heat and cause the planet to get hotter. So, To combat with this issue a KYOTO PROTOCOL agrrement signed in 1977.
Dev Dives: Train smarter, not harder – active learning and UiPath LLMs for do...UiPathCommunity
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See how to accelerate model training and optimize model performance with active learning
Learn about the latest enhancements to out-of-the-box document processing – with little to no training required
Get an exclusive demo of the new family of UiPath LLMs – GenAI models specialized for processing different types of documents and messages
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Speakers:
👨🏫 Andras Palfi, Senior Product Manager, UiPath
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Length: 30 minutes
Session Overview
-------------------------------------------
During this webinar, we will cover the following topics while demonstrating the integrations of JMeter, InfluxDB and Grafana:
- What out-of-the-box solutions are available for real-time monitoring JMeter tests?
- What are the benefits of integrating InfluxDB and Grafana into the load testing stack?
- Which features are provided by Grafana?
- Demonstration of InfluxDB and Grafana using a practice web application
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https://www.rttsweb.com/jmeter-integration-webinar
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LF Energy Webinar: Electrical Grid Modelling and Simulation Through PowSyBl -...DanBrown980551
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The framework is mostly written in Java, with a Python binding so that Python developers can access PowSyBl functionalities as well.
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Slack (or Teams) Automation for Bonterra Impact Management (fka Social Soluti...Jeffrey Haguewood
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We believe integration and automation are essential to user experience and the promise of efficient work through technology. Automation is the critical ingredient to realizing that full vision. We develop integration products and services for Bonterra Case Management software to support the deployment of automations for a variety of use cases.
This video focuses on the notifications, alerts, and approval requests using Slack for Bonterra Impact Management. The solutions covered in this webinar can also be deployed for Microsoft Teams.
Interested in deploying notification automations for Bonterra Impact Management? Contact us at sales@sidekicksolutionsllc.com to discuss next steps.
DevOps and Testing slides at DASA ConnectKari Kakkonen
My and Rik Marselis slides at 30.5.2024 DASA Connect conference. We discuss about what is testing, then what is agile testing and finally what is Testing in DevOps. Finally we had lovely workshop with the participants trying to find out different ways to think about quality and testing in different parts of the DevOps infinity loop.
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A presentation about the usage and availability of Varnish on Kubernetes. This talk explores the capabilities of Varnish caching and shows how to use the Varnish Helm chart to deploy it to Kubernetes.
This presentation was delivered at K8SUG Singapore. See https://feryn.eu/presentations/accelerate-your-kubernetes-clusters-with-varnish-caching-k8sug-singapore-28-2024 for more details.
"Impact of front-end architecture on development cost", Viktor TurskyiFwdays
I have heard many times that architecture is not important for the front-end. Also, many times I have seen how developers implement features on the front-end just following the standard rules for a framework and think that this is enough to successfully launch the project, and then the project fails. How to prevent this and what approach to choose? I have launched dozens of complex projects and during the talk we will analyze which approaches have worked for me and which have not.
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This talk is aimed at encouraging a more independent approach to using PHP frameworks, moving towards a more flexible and future-proof approach to PHP development.
UiPath Test Automation using UiPath Test Suite series, part 3DianaGray10
Welcome to UiPath Test Automation using UiPath Test Suite series part 3. In this session, we will cover desktop automation along with UI automation.
Topics covered:
UI automation Introduction,
UI automation Sample
Desktop automation flow
Pradeep Chinnala, Senior Consultant Automation Developer @WonderBotz and UiPath MVP
Deepak Rai, Automation Practice Lead, Boundaryless Group and UiPath MVP
3. Introduction
Our earth is undoubtedly warming. This warming is
largely the result of emissions of carbon dioxide and
other Greenhouse Gases (GHG’s) from human
activities including industrial processes, fossil fuel
combustion, and changes in land use, such as
deforestation etc. Addressing climate change is not a
simple task. To protect ourselves, our economy, and
our land from the adverse effects of climate change,
we must reduce emissions of carbon dioxide and other
greenhouse gases. To achieve this goal the concept of
Carbon Credit has come into vogue.
4. Rapid Industrial Growth
Increased energy consumption
Increased CO2 and other GHG emissions
Global Warming due to increased concentration of
GHG
Increase in sea
level
Changes in wind
And precipitation
Changes in crop
yields
5. According to the World Bank Economist Mr. Stern,
the effect of climate change could be worse than the
two World Wars.
6. Carbon credits are certificates issued to countries
that reduce their emission of GHG (greenhouse
gases) which causes global warming.
Carbon credits are measured in units of certified
emission reductions (CERs). Each CER is
equivalent to one tonne of carbon dioxide
reduction.
Under IET (International Emissions Trading)
mechanism, countries can trade in the international
carbon credit market. Countries with surplus
credits can sell the same to countries with
quantified emission limitation and reduction
commitments under the Kyoto Protocol.
Developed countries that have exceeded the levels
can either cut down emissions, or borrow or buy
carbon credits from developing countries.
What is Carbon Credit?
7. “A carbon credit is a generic term for
any tradable certificate or permit
representing the right to emit one
tone of carbon dioxide or the mass of
another greenhouse gas with a carbon
dioxide equivalent (CO2) to one tone
of carbon dioxide.”
Carbon credits and carbon markets
are a component of national and
international attempts to mitigate the
growth in concentrations of
greenhouse gases.
8. If a cement manufacturer reduces its CO2 emissions by
one ton by adapting some changes into its process or by
any other means; say just by planting some trees
around its plant, it is awarded “one carbon credit”. This
carbon credit can be sold to any industry, allowing it to
emit one extra ton of CO2 than its allowable limit.
Nike has sold emission reduction credits equaling
100,000 tons to the utility company Entergy. Entergy
has also purchased carbon credits from DuPont and
Shell.
Other companies dealing in carbon credits include
Expedia, Whole Foods, and Haynes International, Inc,
etc
9. CARBON CREDITS are generated by enterprises in the
developing world that shift to cleaner technologies
and thereby save on energy consumption,
consequently reducing their greenhouse gas
emissions. For each tonne of carbon dioxide (the major
Green house gases) emission avoided, the entity can
get a carbon emission certificate which they can sell
either immediately or through a futures market, just
like any other commodity.
The certificates are sold to entities in rich countries,
like power utilities, who have emission reduction
targets to achieve and find it cheaper to buy 'offsetting'
certificates rather than do a clean-up in their own
backyard.
This trade is carried out under a UN-mandated
international convention on climate change to help
rich countries reduce their emissions.
10.
11. Global warming potential (GWP) for the 6 GHGs are
summarized below
•GWP is the global warming impact that a GHG would have over a 10-year timeframe
•By definition, CO2 is used as the reference benchmark.
12. Greenhouse gases (GHG) are components of the
atmosphere that contribute to the greenhouse
effect.
Some greenhouse gases occur naturally in the
atmosphere, while others are the result from
human activities such as burning of fossil fuels
such as coal.
GHG include water vapor, carbon dioxide,
methane, nitrous oxide, and ozone.
Carbon exists in the Earth's atmosphere primarily
as the gas carbon dioxide (CO2). The overall
atmospheric concentration of these greenhouse
gases has been increasing in recent decades,
contributing to global warming.
What are the needs for Credit
Carbon?
13. The credit carbon mechanism was formalized
in the Kyoto protocol, an international
agreement between more than 170 countries,
and the market mechanisms were agreed
through the subsequent Marrakesh Accords.
The main aim of this agreement is to reduce
the carbon emission in the global atmosphere
to balance the natural environment.
How Carbon Credit deals with the
Carbon emission reduction?
14. Currently there are six exchanges trading in carbon
allowances:
Chicago Climate Exchange
European Climate Exchange
NASDAQ OMX Commodities Europe
Power Next
Commodity Exchange Bratislava
European Energy Exchange
15. Kyoto Protocol is an agreement made under the
United Nations Framework Convention on Climate
Change (UNFCCC)
The Kyoto Protocol is only binding on 'industrialized‘
or 'developed‘ countries.
The protocol commits developed countries to specific
targets for reducing their green house emissions
Each country has a prescribed number of 'emission
units' which make up the target emission
The Kyoto Protocol provides mechanisms for
countries to meet their emission targets
17. The mechanisms assists the parties meet their
emission reduction targets.
These mechanisms are:
Joint Implementation (JI)
Clean Development Mechanism (CDM)
Emission trading (ET).
18. Under CDM, an annex 1 country takes a green
house gas reduction project activity in a non-annex
1 country.
The developed country gets credits for meeting its
emission reduction targets, while the developing
country receives the capital and clean technology to
implement the project.
19. The parties involved:
Must participate voluntarily;
Must establish national CDM authority;
Must have ratified the Kyoto Protocol;
20. World’s largest GHG emitter, has not ratified the
Protocol Australia?
Short horizon: First phase of the Protocol covers up
to 2012– Extension?
Country reduction targets defined, but division of
that by industry and sector within countries not yet
structure
21. Carbon sequestration can be defined as the capture
and secure storage of carbon
Carbon credits encompass two ideas:
1. Prevention/reduction of carbon emissions produced
by human activities from reaching the atmosphere
by capturing and diverting them to secure storage
2. Removal of carbon from the atmosphere by various
means and securely storing it.
22. Vast potential for carbon credit.
Member of Kyoto Protocol, Pakistan is eligible to benefit
from the projects under Clean Development Mechanism
(CDM) and exploring carbon credit potential in different
industries.
The ministry has identified tremendous potential of CDM in
sugar industry.
23. “Carbon Credit Opportunities in the Power
Sector of Pakistan”
“Carbon Trading Workshop”,
24. High Profit of Pak Arab Fertilizers was contributed by
the “Clean Development Mechanism (CDM)” project,
which was achieved through sale of carbon credits in
the international markets.
By means of the CDM project–the first and only such
project in the country-the company has not only
increased its income but also earned valuable foreign
exchange for the country.
The company has managed to sell carbon credits in
Japan and the European Union.
25. Emissions trading (ET) is a mechanism that enables
countries with legally binding emission targets to
buy and sell emissions allowances among
themselves.
Each country has a certain number of emission
allowances (amount of carbon dioxide it can emit)
in line with its Kyoto reduction targets.
The IET allows industrialized countries to trade their
surplus credits on the international carbon credit
market.
26. Emissions trading transfers "assigned amount
units" or AAU
The buyer will then use the credits to meet their
emissions targets
A global Carbon Market is estimated to be around
$30 billion
Currently, futures contracts in carbon credits are
actively traded in the European exchanges (ECX)
Many companies actively participate to manage
the risks associated with trading in carbon credits
28. The purpose of CDM is reduce to emissions and also contribute to
sustainable development in developing countries
The CDM is administered by the CDM Executive Board (CDM Board)
which reports and is accountable to the Conference of Parties
(COP).
A Carbon emission reduction (CER) is given by the CDM Executive
Board
One CER is equivalent to one tonne of carbon dioxide reduced
29. Projects between industrialized nations to earn
emission offsets
It is done because of geographical or cost
implications
Emission reduction units (ERUs) created through
joint implementation is treated in the same way
as those from emissions trading
30. Carbon Emission Reduction
(CER) – Source of
Generation
Industries like
Agriculture
Energy (renewable & non-renewable sources)
Manufacturing
Metal production
Mining and mineral production
Chemicals
Afforestation & reforestation
31. ECX is the most liquid marketplace for trading CO2 EU
allowances
ECX
53%
OTHER
8%
OTC
39%
32. Conclusion
There is a great opportunity awaiting Nigera in
carbon trading which is estimated to go up to $120
billion by 2015. If we develop and register CDM
projects, the country could emerge as one of the
largest beneficiaries of carbon trade. The countries
like US, Germany, Japan and China are likely to be
the biggest buyers of carbon credits which are
beneficial for India to a great extent.
33. Conclusion cont..
Thus, by going through the all the above details
about carbon credit we come to know that credit
carbon has both social as well as monetary benefit .
As a part of nature it is our social responsibility or
our duty to give our participation to keep our
environment healthy and clean….
Thank you