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Global Warming and carbon credit
Tags :
Carbon credit
Industry :
Chemicals, Cement, Industrial Products/Heavy Machinery, Steel, Power, Oil & Gas
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Carbon credits are a key component of national and international attempts to mitigate the growth in concentrations of greenhouse gases(GHGs). Carbon trading is an application of an emissions trading approach. Greenhouse gas emissions are capped and then markets are used to allocate the emissions among the group of regulated sources. The idea is to allow market mechanisms to drive industrial and commercial processes in the direction of low emissions or less "carbon intensive" approaches than are used when there is no cost to emitting carbon dioxide and other GHGs into the atmosphere. Since GHG mitigation projects generate credits, this approach can be used to finance carbon reduction schemes between trading partners and around the world.
There are also many companies that sell carbon credits to commercial and individual customers who are interested in lowering their carbon footprint on a voluntary basis. These carbon offsetters purchase the credits from an investment fund or a carbon development company that has aggregated the credits from individual projects. The quality of the credits is based in part on the validation process and sophistication of the fund or development company that acted as the sponsor to the carbon project. This is reflected in their price; voluntary units typically have less value than the units sold through the rigorously-validated Clean Development Mechanism.
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Akash khatri
| Added idea
"carbone credit advantages"
| 1 year ago
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- Firstly, the advantages of carbon credits mean that the money from the purchases of carbon credits is used to create renewable energy projects and develop sources of renewable energy from wind turbines and solar panels for example. - Energy...
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Sanjay Sharma
| Added idea
"carbon credit"
| 3 years ago
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Dear friends, just i want to know the ideas for having business opportunities thru carbon credit and want to know learn more about carbon credit.
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SAURABH THAKUR
| Commented
| 2 years ago
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Thanks Sumitra ,for so very vital information....... but it will be of worth only if everybody like u undestands his /her duty towards Mother Earth & starts following it...
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Amit Misra
| Commented
| 2 years ago
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Sumitra, your points are excellent, But i think it is more important to enable people to think that they can also make a difference. Unfortunatly most rural class doesnt recognize the importance of individual efforts and nobody seems to be putting...
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Stephen O. Rajan
| Commented
| 2 years ago
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Internationally renowned climate scientist, Roger Pielke Jr., professor of environmental studies at the Center for Science and Technology Policy Research at the University of Colorado at Boulder, the man who broke the ‘Glaciergate’ story run by...
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Geological history rejects the theories floated by leaders
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We have only a limited record of temperature to prove it
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Prabhash K Dutta
| Argues in support of
"Geological history rejects the theories floated by leaders"
| 2 years ago
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change in temperature has been a proven environmental fact and our record of temperature variations is not too great to perceive or conceive any danger due to climate change. the whole debate at present is the result of a tussle between the...
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Vineet Pendse
| Commented
| 2 years ago
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Kavitha Very Nice Article - you rock as always But then this may sound pessimistic - but really how many people really care of this ? Nobody in the our political systems is even taking a note of this!
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suraj dev singh
| Commented
| 2 years ago
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ya kavitha mam,this is really a mateer of worrying but as we know thes are most developed city of india and i am sure they would mange to escape this waterworld for a long time. our goverment will surely do something for this concern dont worry...
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Buildings for just investment is global warmer even if green
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Investment Buildings dont add to global warming
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SHASHI BHUSHAN TIWARI
| Argues in support of
"Buildings for just investment is global warmer even if green"
| 2 years ago
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dear sir, your conclusion is total right.
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Deepak Agrawal
| Argues in support of
"Investment Buildings dont add to global warming"
| 2 years ago
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I don't think investment building add to gloabl warming. Actually it provides employment to lot of people and improve GDP. As we see migration rate from rural India to urban India is increasing so I don't think these are just Investment building,...
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Yes
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No
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Kumar Sourav
| Argues in support of
"No"
| 2 years ago
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For our comfort we are killing nature...a slow death
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5 comments,
163 views
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In today's news, I came across this article that scientists at Sandia National Labs who were seeking a means to create cheap and abundant hydrogen to power a hydrogen economy, realized they could use the same technology to "reverse-combust" CO2 back into fuel. They still have to improve the efficiency of the system, but they recently demonstrated a working prototype of their "Sunshine to Petrol" converting waste CO2 to carbon monoxide, and then syngas, consuming nothing but solar energy. The device, boasting the simple title Counter-Rotating-Ring Receiver Reactor Recuperator (CR5) sets off a thermo-chemical reaction by exposing an iron-rich composite to concentrated solar heat. The composite sheds an oxygen molecule when heated and gets one back as it cools, and therein lies the fuel. The cylindrical metal CR5 is divided into hot and cold chambers. Solar energy heats the hot chamber to a scorching 2,700 degrees, which forces the iron oxide composite to lose oxygen atoms. The...
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