carbon emission & carbon credit

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Transcript of carbon emission & carbon credit

INDRANIL CHOUDHURY

M.TECH(DT)

CARBON EMISSION & CARBON CREDIT

CARBON

EMISSION

Carbon dioxide emitted through human

activities or by natural reasons is known as

carbon emission.

1. HUMAN SOURCES

2. NATURAL SOURCES

MAIN SOURCES OF CARBON

EMISSIONS

1. Fossil fuel use

2. Land use change

3. Industrial processes

HUMAN SOURCES

1. Ocean atmosphere exchange (330 BT)

2. Plant &animal respiration (220 BT)

3. Soil respiration (220 BT)

4. Volcanic eruption (0.15 - 0.26 BT)

NATURAL SOURCES

PRESENT SCENARIO

Australia28%

united states22%

Former Soviet Union14%

Japan10%

European Union11%

China7%

Indonesia3%

India2%

Rest of the world3%

CARBON CREDIT

A carbon credit is a generic term for any

tradable certificate or permit representing

the right to emit one ton of carbon dioxide

or the equivalent of another green house

gas .

Carbon credits are measured in units of

Certified Emission Reductions (CERs).

Each CER is equivalent to one ton of

carbon dioxide reduction.

THE KYOTO PROTOCOL…

An agreement signed in

December 1997 in Kyoto, Japan

WHAT IS CARBON CREDIT UNDER

THE KYOTO PROTOCOL…

A credit for reducing 1 ton

of CO2 (Green House Gases) from

the atmosphere

WHAT SHOULD BE THE PRICE OF

CARBON????

At present, price of 1 carbon credit

is 10 Euro to 15 Euro

MARKET FOR CARBON TRADING……

Currently there are 5 Environmental

Exchanges, trading in Carbon Credits

POWER NEXT

EUROPEAN CLIMATE

EXCHANGE

India along with China, lead countries in

earning Carbon Credit

C O N C L U S I O N

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