The concept of carbon credits came into existence as a result of increasing awareness of the need for controlling emissions. The mechanism was formalized in the Kyoto Protocol, an international agreement between more than 170 countries. The Protocol agreed has fixed quotas on the maximum amount of Greenhouse gases which can be emitted by the developed and developing countries. In turn these countries set quotas on the emissions of installations run by local business and other organizations.
Burning of fossil fuels is a major source of industrial greenhouse gas emissions, especially for power, cement, steel, textile, fertilizer and many other industries which rely on fossil fuels (coal, electricity derived from coal, natural gas and oil). The major greenhouse gases emitted by these industries are carbon dioxide, methane, nitrous oxide, hydro fluorocarbons (HFCs) etc. , all of which increase the atmosphere’s ability to trap infrared energy and thus affect the climate.
Each such business has been fixed with specified number of units, otherwise called ‘allowance of credits’, upto which can emit carbon dioxide or other equivalent greenhouse gas. Operators that have not used up their quotas can sell their unused allowances as Carbon Credits, while businesses that are about to exceed their quotas can buy the extra allowances as credits, privately or on the open market.
By permitting allowances to be bought and sold, an operator can seek out the most cost-effective way of reducing its emissions, either by investing in ‘cleaner’ machinery and practices or by purchasing emissions from another operator who already has excess ‘capacity’. Banks can use the opportunity for financing machinery for protecting emissions, or for green projects which get certificates for their projects and sell to the companies which exceed their quota of emission and are ready to buy the certificates.
You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.Read more
Each paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.Read more
Thanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.Read more
Your email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.Read more
By sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.Read more