The Green Business
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Transcript of The Green Business
The Green Business
selling and buying ofcarbon credits
1 carbon credit (CER) =
GHGs are emi?ed while fulfilling energy
needs
excess of green‐house effect is bad
need to offset
key characterisCcs
pollu3ng countries > thinly populated > relaCvely wealthy
less‐pollu3ng countries > thickly populated
> relaCvely poor
how do polluCng countries offset the excess?
by tapping into the available gap of less‐polluCng countries
Demand = offset required by polluCng countries
Supply = available gap of less‐polluCng countries
the vehicle, which connects demand and supply
project to generate energy with no/reduced GHGs
e.g. solar, wind, bio‐gas plants
$$$
$$$
carbon credits
$$$
in an ideal world
a project would produce Carbon Creditsand
put them up in market
which polluCng country will buy to offset excess
in a real world
infrastructure projects require large investments
andless‐polluCng countries are poor
=>investment forward‐buys Carbon Credits
perspec3ves
Haves fund clean energy projects=>
haves dictate use of clean energy to have‐nots,