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Introduction to Carbon Markets... * Carbon dioxide is the new kid on t he block in commodity trading |
With the setting up of CDM, the stage was set for the flow of huge amounts of revenue from excessively emitting AnnexI countries to less developed non-‐Annex I countries. However, in the past 4-‐5 years after its initiation, such resources have been wholly hogged by the more organised and capable corporate sector... |
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Climate change is the newest, fastest way to make money. For corporate India, as also for much of the industrialised world, global warming is bringing in cash like never before, and throwing up novel opportunities to make more, all in the name of reducing emission of dirty greenhouse gases (GHG)... |
The potential of community managed forests for carbon trade  by Ashish Tewari, Vishal Singh and Pushkin Phartiyal, LEISA Magazine, 01 December 2008 The "Kyoto: Think Global Act Local" initiative is an international project. It was set up to assess the potential for communities such as those in the state of Uttarakhand, India, to benefit from carbon trading. Members of village forest councils were trained to measure how much carbon their forests store per year. They are now looking for more "buyers" for their carbon, while continuing to manage their forests sustainably. Recession hits carbon trade by Archita Bhatta, Down To Earth, 16 April 2009 It is the European countries that usually buy carbon credits as they need to cut carbon emissions eight per cent below 1990 levels by 2012 under the international climate treaty, Kyoto Protocol. But the Indian companies are not selling. They are sitting on 63 million CERS as the market is bearish. "The prices are low because of recession. But the situation is not alarming. |
