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1.Carbon Credits are usually classified as production cost and this 'cost' is passed on to the consumers.

2.Credits allotted thorugh CDM is called Certified Emission Reduction ( CER) , while credits earned through Joint Implementation are called Emission Reduction Unit ( ERU)

3. .Installation that has been allotted credits need not pay money for getting, however, the allotted credits have a monetary value and can be traded for moeny.

4.As per the current trends, India & China will be the biggest sellers of Carbon Credits, and European Union, the largest buyer.

5. The Kyoto protocol, under which all these carbon credit trading stuff take place, therotically, is valid only upto 2012.

6. India or China ( or any developing country for that matter) , doesnt buy credits, normally. Installations in these places adopt technology, that reduces GHG ( green house gases) and earn credits.

7. Most companies in India are still not aware that they can earn tradable carbon credits by adopting green technologies. The scope for CDM consultants in providing advisiory services is getting wider, day by day.

8. Carbon Credits Trading is not just for big companies. Even medium and smaller trading companies can engage in Trading.

9. Carbon Credit is maintained in the form of a Electronic Certificate, similar to that of a De-Materialised (Demat) Share Certificate.

10.As of MArch 2010,there are currently more than 2000 registered CDM projects in 58 countries, and about another 2300 projects in the project validation/registration pipeline. Based on estimates in submitted project design documents, the CDM could generate more than 2.9 billion certified emission reductions by the end 2012.

11. GHG ( Green House Gases) , as defined by UNFCCC inlcudes carbon dioxide, Methane, Nitrous Oxide, Hydro-fluorocarbons, Perfluorocarbons, and Sulphur Hexafluoride.

12. One unit of Carbon Credit equals one tonne of Carbon Di Oxide reduced.

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ReportReport This Post as Foul/Inappropriate
member photo This means that if every company does energy audit voluntarily, it can improve its efficiency and implement green technology, and earn carbon credits.
# Posted By sumedh puradbhat | 3/26/10 12:28 AM | Report This Comment as Foul/Inappropriate
 
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