Arts and Humanities: Arts Humanities News and Media

carbon credits, emission reeductions, GHG, CDM, UNFCCC, IPCC, Clean Device Mechanism, Auctions

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Carbon credit is one such area that has immense potential in terms of revenues and India is emerging as a big player in the carbon credit trading. According to a World Bank study, the total market size for carbon trading worldwide is about Euro.10 billion. Indian businesses are on an investment spree of greenhouse-gas reduction projects. The Government of India has already approved 227 projects, which could translate into approximately 2500 million certified carbon emission reduction (CER) units
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