The document discusses carbon credits and carbon trading in India. It defines carbon and carbon credits as permits that allow the holder to emit one ton of carbon dioxide. The concept of carbon credits arose to control greenhouse gas emissions from fossil fuels. India benefits from carbon credits through technological improvements, foreign investment, and profits from selling credits to developed countries. Several Indian companies and projects have earned carbon credits, and India hosts 20% of approved carbon offset projects worldwide, concentrated in renewable energy. The future of carbon trading in India is promising if transparent platforms facilitate fair deals between buyers and sellers.

1. SOCIO – POLITICAL
RELATIONS CARBON CREDIT
UNDER THE
GUIDANCE OF
Dr. SWAROOP REDDY
Prof.SUDHINDRA
PRESENTED BY
DEVASHREE
MARDIKAR
RAJAT KARE
SAMBASIVA RAO

2. • What is Carbon?
 Chemical element of atomic number 6, a non-metal
which has two main forms (diamond and graphite)
and which also occurs in impure form in charcoal,
soot, and coal.
• What is Carbon Credit?
 A permit that allows the holder to emit one ton of
carbon dioxide.
• What is Carbon Trade?
 Ability of individual companies to trade polluting
rights through a regulatory system known as cap and

4. Birth of Carbon Credit
 The burning of fossil fuels is a major source
of greenhouse gas emissions
 The major greenhouse gases emitted by these
industries are carbon dioxide, methane, nitrous
oxide, hydrofluorocarbons (HFCs), etc
 The concept of carbon credits came into
existence as a result of increasing awareness of
the need for controlling emissions

5. Carbon credit and India
 Has no emission targets to be followed
 A strong supplier of Carbon Credits
 Considered as one of the most potential countries
in the world for CDM projects.
 The total expected average annual CER’s from
registered projects by India are about 22 million
having a 15% world share

6. BENEFITS FOR INDIA
By, switching to Clean Development Mechanism
Projects, India has a lot to gain from Carbon Credits:
a) It will gain in terms of advanced technological
improvements and related foreign investments.
b) It will contribute to the underlying theme of green
house gas reduction by adopting alternative
sources of energy
c) Indian companies can make profits by selling the
CERs to the developed countries to meet their
emission targets.

7. Initiatives by India
 The Delhi Metro Rail Corporation has become the
first rail project in the world to earn carbon
credits because of using regenerative braking
system in its rolling stock.
 DMRC has earned the carbon credits by using
regenerative braking system in its trains that
reduces 30% electricity consumption.
 Similarly, Himachal Pradesh has earned Rs 1.93
crore through carbon credits under bio-
carbon project for implementing the climate
change mitigation Project under the Kyoto
Protocol.

8. Indian Carbon Traders
Companies Project CERs (units) Estimated
Amount
Receivable
Torrent Power
AEC
Energy Efficiency 11900752 199.9
Gujarat Fluro
Chemicals
Gas Capture 3380076 56.8
Indian Aluminium Gas Capture 2553344 42.9
Lanco Group Fuel Switching 2289478 38.5
Jaypee
Associates
Energy Efficiency 1084469 18.2
Chennai
Petroleum
Refineries
Energy Efficiency 1010000 17.0
Balrampur Chini Renewables 936289 15.7
Orissa Sponge
Iron
Energy Efficiency 424549 7.1

9. CARBON TRADING IN INDIAN
SCENARIO
 India has evolved as a great player in the global carbon credits market.
Originator, developer and trader of carbon credits are setting up offices
in India.
 As per the data by FICCI As of 28th February 2015, India and China
had 7,598 approved CDM projects.
 India had 1520 approved CDM projects .These,2279.4 were registered
with the united nations framework convention on climate change.
 Around 50 per cent of the registered projects are in China and India
hosts 20 per cent of all projects .

10. Number of Projects Registered, by year

11.  Most of the CDM projects in India are concentrated in a few sectors,
namely, those related to the renewable energy sector . The maximum
number is in the wind energy sector.
CDM PROJECTS IN INDIA TYPE ,AS OF MARCH 1,2015

12. FUTURE SCOPE
 India's huge potential for generation and sale of CERs
needs to be harnessed
 Need for a transparent platform that will help buyers and
sellers get a fair deal and reduce the margins of the
intermediaries to reflect the economic value-addition
 With technology at India's side, it is time the country
leveraged it for a sustained growth of the carbon credit
market
 The MCX-CCX (Chicago Climate Exchange) tie-up is
expected to ensure better price discovery of carbon credits