carbon emission & carbon credit

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INDRANIL CHOUDHURY M.TECH(DT) CARBON EMISSION & CARBON CREDIT

Transcript of carbon emission & carbon credit

Page 1: carbon emission & carbon credit

INDRANIL CHOUDHURY

M.TECH(DT)

CARBON EMISSION & CARBON CREDIT

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CARBON

EMISSION

Carbon dioxide emitted through human

activities or by natural reasons is known as

carbon emission.

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1. HUMAN SOURCES

2. NATURAL SOURCES

MAIN SOURCES OF CARBON

EMISSIONS

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1. Fossil fuel use

2. Land use change

3. Industrial processes

HUMAN SOURCES

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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

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PRESENT SCENARIO

Australia28%

united states22%

Former Soviet Union14%

Japan10%

European Union11%

China7%

Indonesia3%

India2%

Rest of the world3%

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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.

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THE KYOTO PROTOCOL…

An agreement signed in

December 1997 in Kyoto, Japan

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WHAT IS CARBON CREDIT UNDER

THE KYOTO PROTOCOL…

A credit for reducing 1 ton

of CO2 (Green House Gases) from

the atmosphere

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WHAT SHOULD BE THE PRICE OF

CARBON????

At present, price of 1 carbon credit

is 10 Euro to 15 Euro

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MARKET FOR CARBON TRADING……

Currently there are 5 Environmental

Exchanges, trading in Carbon Credits

POWER NEXT

EUROPEAN CLIMATE

EXCHANGE

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India along with China, lead countries in

earning Carbon Credit

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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….

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Thank You