Carbon Credits: Promoting Sustainable Development or Trading in Pollution?


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Case Details:

Case Code : BECG095
Case Length : 16 Pages
Period : 2005-2009
Pub Date : 2009
Teaching Note :Not Available
Organization : -
Industry : Carbon Trading
Countries : Global

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Please note:

This case study was compiled from published sources, and is intended to be used as a basis for class discussion. It is not intended to illustrate either effective or ineffective handling of a management situation. Nor is it a primary information source.

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Excerpts

Global Warming and the Kyoto Protocol

Global warming occurs due to high emissions of GHG resulting from activities such as industrial processes, fossil fuel combustion, deforestation, etc. Burning of fossil fuels is a major source of industrial GHG emissions, especially in the power, cement, steel, textile, and fertilizer industries. The major GHG emitted by these industries include CO2, CH4, N2O, and HFCs...

What Are Carbon Credits?

The concept of carbon credits came into existence as a result of the increasing awareness of the need for controlling GHG emissions.

CO2, the most important among GHGs, was turned into a trading opportunity to help combat global warming. Carbon credits were trading instruments introduced to counter carbon emissions and mitigate global warming...

Emissions Trading

The rising pressure on countries to address climate change led to the rise of a multimillion dollar international market for buying and selling emissions of GHG. The justification for the existence of a global carbon market was provided by the "equivalence" principle...

Excerpts Contd >>



 

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