bags | jute bags | jute shopping bags | jute bags manufacturers | wholesale jute bags | jute bags india | reusable shopping bags | cotton shopping bags | cotton bags | shopping bags | eco friendly bags | reusable bags | canvas tote bags | eco friendly shopping bags | wholesale shopping bags | gift bags | tote bags | canvas shopping bags | burlap bags | jute wine bag | tote bags | reusable grocery bags | laptop bags | paper bags | paper shopping bags | paper gift bags | shoulder bags | jute bag | beach bags | leather bags | promotional tote bags | canvas bags | personalized tote bags | fabric bags | wholesale canvas bags
 

Call Now
+91-9868151526
+91-9811365888
info@amanasia.com

 

Pan NO  : -AAKPG5922B
IEC CODE :-0510008721
GSTIN
UP- 09AAKPG5922B1ZY
Delhi- 07AAKPG5922B1Z2

 

HOME   !   BAG BUILDER   !   FABRIC   !   HANDLE   !   CURRENCY CONVERTOR   !   NEWS   !   ENQUIRY  !   CONTACT US   !   BANK DETAIL

Category
      Category
 
      Quick quote
 
      Bag  builder
 
 
   Slogans and Messages
 
   save our planet
 
   Career With Amanasia

"We value excellence in everything we do. This also means recruiting the best people. Aman Enterprises. is a equal opportunity employer committed to the strength of diverse workforce.
Currently we have openings in the marketing department. If you are interested in knowing about our career opportunities please email us at info@amanasia.com"


 
      TRADEMARK

 
 
    how to earn carbon credit
   

Carbon dioxide, the most important greenhouse gas produced by combustion of fuels, has become a cause of global panic as its concentration in the Earth's atmosphere has been rising alarmingly.

http://imads.rediff.com/0/default/empty.gif

This devil, however, is now turning into a product that helps people, countries, consultants, traders, corporations and even farmers earn billions of rupees. This was an unimaginable trading opportunity not more than a decade ago.

Carbon credits are a part of international emission trading norms. They incentivise companies or countries that emit less carbon. The total annual emissions are capped and the market allocates a monetary value to any shortfall through trading. Businesses can exchange, buy or sell carbon credits in international markets at the prevailing market price.

India and China are likely to emerge as the biggest sellers and Europe is going to be the biggest buyers of carbon credits.

Last year global carbon credit trading was estimated at $5 billion, with India's contribution at around $1 billion. India is one of the countries that have 'credits' for emitting less carbon. India and China have surplus credit to offer to countries that have a deficit.

India has generated some 30 million carbon credits and has roughly another 140 million to push into the world market. Waste disposal units, plantation companies, chemical plants and municipal corporations can sell the carbon credits and make money.

Carbon, like any other commodity, has begun to be traded on India's Multi Commodity Exchange since last the fortnight. MCX has become first exchange in Asia to trade carbon credits.

So how do you trade in carbon credits? Who can trade in them, and at what price? Joseph Massey, Deputy Managing Director, MCX, spoke to Managing Editor Sheela Bhatt to explain the futures trading in carbon, and related issues.

What is carbon credit?

As nations have progressed we have been emitting carbon, or gases which result in warming of the globe. Some decades ago a debate started on how to reduce the emission of harmful gases that contributes to the greenhouse effect that causes global warming. So, countries came together and signed an agreement named the Kyoto Protocol.

The Kyoto Protocol has created a mechanism under which countries that have been emitting more carbon and other gases (greenhouse gases include ozone, carbon dioxide, methane, nitrous oxide and even water vapour) have voluntarily decided that they will bring down the level of carbon they are emitting to the levels of early 1990s.

Developed countries, mostly European, had said that they will bring down the level in the period from 2008 to 2012. In 2008, these developed countries have decided on different norms to bring down the level of emission fixed for their companies and factories.

A company has two ways to reduce emissions. One, it can reduce the GHG (greenhouse gases) by adopting new technology or improving upon the existing technology to attain the new norms for emission of gases. Or it can tie up with developing nations and help them set up new technology that is eco-friendly, thereby helping developing country or its companies 'earn' credits.

India, China and some other Asian countries have the advantage because they are developing countries. Any company, factories or farm owner in India can get linked to United Nations Framework Convention on Climate Change and know the 'standard' level of carbon emission allowed for its outfit or activity. The extent to which I am emitting less carbon (as per standard fixed by UNFCCC) I get credited in a developing country. This is called carbon credit.

These credits are bought over by the companies of developed countries -- mostly Europeans -- because the United States has not signed the Kyoto Protocol.

How does it work in real life?

Assume that British Petroleum is running a plant in the United Kingdom. Say, that it is emitting more gases than the accepted norms of the UNFCCC. It can tie up with its own subsidiary in, say, India or China under the Clean Development Mechanism. It can buy the 'carbon credit' by making Indian or Chinese plant more eco-savvy with the help of technology transfer. It can tie up with any other company like Indian Oil or anybody else, in the open market.

In December 2008, an audit will be done of their efforts to reduce gases and their actual level of emission. China and India are ensuring that new technologies for energy savings are adopted so that they become entitled for more carbon credits. They are selling their credits to their counterparts in Europe. This is how a market for carbon credit is created.

Every year European companies are required to meet certain norms, beginning 2008. By 2012, they will achieve the required standard of carbon emission. So, in the coming five years there will be a lot of carbon credit deals.

Next

 
CONTACT NOW
      Request for Call
( Enter Your Mobile No. )

PHP FormMail Generator - A free tool to create ready-to-use web email forms with file upload, auto-response email, and dependent dropdowns.

  1.  


 
Untitled Document
CLIENTS



































 
     languages
English Spanish
French Dutch
Italian RussianRussian
ChineseChinese JapaneseJapanese
KoreanKorean ArabicArabic
 
     Online Chat


My status

 
     SETUP
 
     Blog

 
     faQ
 
 
     Why Jute
 
 
     FORTHCOMING FAIRS

Trade Fair in Pragati Maidan New Delhi 14-27 Nov 2017

Heimtextil Fair Messe Frankfurt 9-12 Jan., 18 Messe Frankfurt

Domotex Fair Messegalen-der,Hannover 12-15 Jan., 18 Deutsche Messe AG

INTERMODA JPDEPC Mexico 17-25 Jan., 18 JPDEPC

Ambiente JPDEPC Messe Frankfurt 15-19 Feb., 18 MesseFrankfrut

ASD Trade Show Las Vegas March, 2018 Nielsen Exposition, New York

Tex-styles India New Delhi Feb.,18

SurajkundMela Haryana 1-15 Feb,18

TajMahotsav Agra Feb,18



 
     how to make money
     promotion
 
      
      
 
 
HOME

HOME      !       ABOUT US      !       BAG BUILDER      !       FABRIC      !       HANDLE      !       CURRENCY CONVERTOR      !       ENQUIRY      !       CONTACT US

 
Copyright 2001 Amanasia.com All Rights Reserved

Developed By Sudarshan

 

Visitors  -  "1313725"

 
Export Promotion Council for Handicrafts   Federation of Indian Export Organisations      Indo-German Chamber of Commerce      Handloom Export Promotion Council    Association of Jute & Handicrafts Entrepreneurs of Eastern India