What are the current problems in our environment today… ??

Sea level increasing

Endangered species…

Weather becoming more hotter….!!

GLOBAL WARMING !!

Carbon trading

The Kyoto Protocol is an international agreement

linked to the United Nations Framework Convention

on Climate Change(UNFCCC) passed on 11

December 1997 in Kyoto, Japan but came in force on

16 February, 2005.

Countries involved in Kyoto

protocol

Countries that ratify

this protocol commit to

reduce

(a) their emissions of

carbon dioxide .

(b) Other greenhouse

gases

(c)engage in emissions

trading if they maintain

or increase emissions of

these gases.

CARBON

TRADING

CARBON CAP-TRADE PROGRAM CARBON OFFSETTING

CARBON CREDIT

1 CARBON CREDIT ≈ 1 ton of CO2 or its equivalentgreenhouse gas (GHG) whichis an entitled certificate byUNFCCC (United Nations

Framework Convention on

Climate Change)

Benefits of Carbon Trading

1. Reduction in green house gas emission

2. Source of revenue for

developing nations

3. Supports a free market system

Disadvantages of CARBON TRADING:

• Right to pollute

Industries in the ratified nations are purchasing legal rights to

pollute the

atmosphere

• Slow process

Industries are opting the easy way– purchase more allowances than

implementing greener technologies

• Lack of centralized system or global framework

Absence of a centralized and accepted global standards/act are

missing

Carbon Credit Traders In India

Andhyodaya Green

Energy

Grasim Industries Ltd.

Indo Gulf Fertilizers

Indus Technical &

Financial Consultants

Ltd

Madhya Pradesh Rural

Livelihoods Project

Rajasthan Renewable

Energy Corporation

Reliance Energy Ltd.

Tata Motors Limited

Tata Steel Limited

Bajaj Finserv Limited

Dhariwal Industries Ltd

Tata Power Company

Limited

BlueStar Energy Services

Inc.

Valera Global Inc.