Green Energy
Implementation of Carbon Credits
Carbon credits can be implemented from various types of projects including:
- Reducing Greenhouse Gas Emissions With A More Effective Carbon Capture Method
"Alkali Metal Nitrate-Promoted High-Capacity MgO Adsorbents for Regenerable CO₂ Capture at Moderate Temperatures" Chemistry of Materials Trapping carbon dioxide (CO₂ ) emissions from power plants and various industries could play a significant...
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Green Energy
Carbon Trading
What is Carbon Trading?
Carbon trading is the practice of reducing overall emissions of carbon dioxide, along with other greenhouse gases, by providing a regulatory and economic incentive. Indeed the term “carbon trading” is a quite misleading, as the number of greenhouse emissions can be regulated under what are known as cap and trade systems.As a result, some people prefer the term “emission trading,” to emphasize the fact that far more than just carbon is being traded.
Benefit of Carbon Trading
It provides a very good incentive for companies to improve their efficiency and reduce their greenhouse gas emissions, by implementing such reductions into a physical cash benefit. Moreover, it is a disincentive for being inefficient, as companies are effectively penalized for failing to meet emissions goals. In this way, regulation is accomplished largely through economic terms, rather than through draconian government measures, encouraging people to engage in carbon trading because it's potentially profitable.Basically, it is a practice which is designed to reduce overall emissions of carbon dioxide, along with other greenhouse gases, by providing a regulatory and economic incentive.
It provides a very good incentive for companies to improve their efficiency and reduce their greenhouse gas emissions, by implementing such reductions into a physical cash benefit. Moreover, it is a disincentive for being inefficient, as companies are effectively penalized for failing to meet emissions goals. In this way, regulation is accomplished largely through economic terms, rather than through draconian government measures, encouraging people to engage in carbon trading because it's potentially profitable.Basically, it is a practice which is designed to reduce overall emissions of carbon dioxide, along with other greenhouse gases, by providing a regulatory and economic incentive.
Carbon credits are effective solution to reduce the amount of Green House Gas (GHGs) emissions in the atmosphere. Generating and selling carbon credits funds carbon projects which would not have gone ahead i.e additional to business as usual. Carbon credits also contribute lower the costs of renewable and low carbon technologies as well as assisting in the technology transfer to developing countries.
Implementation of Carbon Credits
Carbon credits can be implemented from various types of projects including:
Renewable energy: Shifting from fossil fuels to a ‘clean’ energy. For example, wind and solar energy.
Forestation and Afforestation: New tree plantation contributes absorbing CO2 by trees. For example, forest regeneration.
Energy efficiency: Decreasing emissions through increasing energy efficiency.For example, installation of energy-efficient machinery.
Methane capture: Avoiding methane emissions through capture and burning to create energy.For example,landfill methane capture.
The eligibility of the project for carbon credits depends on whether a project follows one of the Kyoto Protocol’s project-based mechanisms or an independent voluntary standard.
Government sets a national goal for total greenhouse gas emissions over a set period of time, such as a quarter or a year, under a cap and trade system and then allocates “credits” to companies which allow them to emit a certain amount of greenhouse gases. If a company is not able to use all of its credits, it can sell or trade those credits with a company which is panic to exceed its allowance.
- Reducing Greenhouse Gas Emissions With A More Effective Carbon Capture Method
"Alkali Metal Nitrate-Promoted High-Capacity MgO Adsorbents for Regenerable CO₂ Capture at Moderate Temperatures" Chemistry of Materials Trapping carbon dioxide (CO₂ ) emissions from power plants and various industries could play a significant...
- You Just Can't Make This Stuff Up
Telegraph: Cancun summit: cutting carbon emissions will help combat obesity Cutting carbon emissions will help combat obesity even if global warming is a myth, a senior scientist has said. By Louise Gray The world needs to go on a “fossil fuel diet”...
- Who Is John Galt? ..epa Finds Co2 A Dangerous Pollutant? Business Should Close Their Doors
WSJ: Officials gather in Copenhagen this week for an international climate summit, but business leaders are focusing even more on Washington, where the Obama administration is expected as early as Monday to formally declare carbon dioxide...
- Green Economy
What is Green Economy? Green Economy is the economy wherein sustainable society exists with zero carbon emissions and a one-planet footprint. Here, naturally restored renewable resources are utilized to acquire energy. A green economy is applicable...
- December 17th Asia Report - Mixed Signal Over Emissions
New Hampshire, U.S.A. — Even as renewable capacity surges ahead despite a down global economy, this past weekend brought a sobering reminder that market forces continue to pull the world toward carbon emissions — and not away from them.At the annual...