kapil4ever
New Member
CARBON CREDIT
Dear All,
The Carbon Markets are hotter than ever. Several countries (Australia, Japan) are implementing carbon cap-and-trade schemes by 2010, and a federal carbon policy is now high on the US political agenda. With the inherent volatility and a wide variety of trading instruments, the carbon assets make themselves an ideal investment opportunity with great returns.
CDM (Clean Development Mechanism):-
Projects which claim to reduce emissions of harmful Green House Gases (GHG) can be issued CERs or generally called Carbon Credits by getting the project registered with United Nations CDM Executive Board. These credits can be sold in international market to add extra financial benefits for the company.
CER & VER:-
The only difference between a CER and a VER is that while CERs are generated according to standards and requirements of the Kyoto Protocol and UNFCCC, VERs are independently verified by a third party according to criteria that confirm that the emission reductions are real, measurable and credible. These independent auditors provide written assurance of the integrity of the emission reductions. VERs are frequently used by a rising number of companies, mainly as a part of their corporate social responsibility and also for the marketing and promotional value to their business by building a ‘green image’. The desire to establish more sustainable practices in the face of global warming is also driving the Voluntary Markets. Developing a project in the VER route is quicker and relatively.
Thanks & Regards
Kapil Chaturvedi
GENSOL (Global Energy Solution)
Please contact....
Dear All,
The Carbon Markets are hotter than ever. Several countries (Australia, Japan) are implementing carbon cap-and-trade schemes by 2010, and a federal carbon policy is now high on the US political agenda. With the inherent volatility and a wide variety of trading instruments, the carbon assets make themselves an ideal investment opportunity with great returns.
CDM (Clean Development Mechanism):-
Projects which claim to reduce emissions of harmful Green House Gases (GHG) can be issued CERs or generally called Carbon Credits by getting the project registered with United Nations CDM Executive Board. These credits can be sold in international market to add extra financial benefits for the company.
CER & VER:-
The only difference between a CER and a VER is that while CERs are generated according to standards and requirements of the Kyoto Protocol and UNFCCC, VERs are independently verified by a third party according to criteria that confirm that the emission reductions are real, measurable and credible. These independent auditors provide written assurance of the integrity of the emission reductions. VERs are frequently used by a rising number of companies, mainly as a part of their corporate social responsibility and also for the marketing and promotional value to their business by building a ‘green image’. The desire to establish more sustainable practices in the face of global warming is also driving the Voluntary Markets. Developing a project in the VER route is quicker and relatively.
Thanks & Regards
Kapil Chaturvedi
GENSOL (Global Energy Solution)
Please contact....
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