Final Fm Ppt (Group 5)

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    GROUP MEMBERS

    SR. NO. NAME REGISTERATION NO

    1 Joy Dsouza 1121104

    2 Aditya Shakti 1121114

    3 Ankur Basak 1121131

    4 Aprajita Joshi 1121143

    5 Jayati Choksi 1121148

    6 Deebashree 1121155

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    The Kyoto ProtocolMAIN POINTS

    Carbon Credit

    Overview

    Carbon Credit

    Accounting

    Carbon Trading

    Carbon Credit

    Management

    Carbon Trading -

    Global

    Carbon Trading -

    India

    1992: 165 nations signed the Act at Rio DeJanerio

    Annex 1 & Non-Annex 1 countries

    Annex 1 (developed countries) agreed to

    reduce their GHGs by 5.2% below 1990

    levels in 1st commitment period 2008

    2012

    Presidents Promise CC emission

    - 20% by 2020

    - 83% by 2050

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    A carbon credit is the financialinstrument that represents 1metric ton of GHG that has beenreduced, stored or avoided. This

    can be achieved by anyorganisation that has producedthe technology to attain thissequestration (a wind farm forexample) and that is recognisedand recorded by credible sourcesas having done so.

    MAIN POINTS

    Carbon Credit

    Overview

    Carbon Credit

    Accounting

    Carbon Trading

    Carbon Credit

    Management

    Carbon Trading -

    Global

    Carbon Trading -

    India

    CARBON CREDIT

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    MAIN POINTS

    Carbon Credit

    Overview

    Carbon Credit

    Accounting

    Carbon Trading

    Carbon Credit

    Management

    Carbon Trading -

    Global

    Carbon Trading -

    India

    Project based emission reductions need to be calculated and verified

    1 reduced Ton of carbon Dioxide equivalent= 1 carbon Credit

    Hereafter they can be sold on the open market

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    CER (Certified mission Reduction):

    - Certificate issued by the CDM (Clean

    Development Mechanism)

    - As a part of the Kyoto Protocal

    VER (Voluntary Emission Reduction):

    - Assessed & validated by third party

    - Placed on public registries

    MAIN POINTS

    Carbon Credit

    Overview

    Carbon Credit

    Accounting

    Carbon Trading

    Carbon Credit

    Management

    Carbon Trading -

    Global

    Carbon Trading -

    India

    TYPES OF CARBON CREDIT

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    New form of currency

    1 carbon credit= 1 tonne of co2 (co2e)

    Costs are between $10-40 per credit

    There are buyers and sellers of carbon credit

    Buyers: Companies in countries like U.S &

    European union

    Sellers: Bank, company or non-profit (usuallyin a developing nation)

    CDM projects conducted in developing

    countries for trading cers

    MAIN POINTS

    Carbon Credit

    Overview

    Carbon Credit

    Accounting

    Carbon Trading

    Carbon Credit

    Management

    Carbon Trading -

    Global

    Carbon Trading -

    India

    CARBON CREDIT ACCOUNTING

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    Colombian proposal or Stock Change Method

    Average storage method

    Ton Year approach

    MAIN POINTS

    Carbon Credit

    Overview

    Carbon Credit

    Accounting

    Carbon Trading

    Carbon Credit

    Management

    Carbon Trading -

    Global

    Carbon Trading -

    India

    ACCOUNTING METHODS

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    Understand the concept of CARBON CREDITSTEP 1

    Determine the level of the current "carbonfootprint" for a company or an individualSTEP 2

    Create realistic plans to reduce a carbonfootprint, thereby generating carbon creditsSTEP 3

    Receive third party recognition and creditfor carbon footprint reductionsSTEP 4

    Use carbon accounting methods tocalculate carbon creditsSTEP 5

    MAIN POINTS

    Carbon Credit

    Overview

    Carbon Credit

    Accounting

    Carbon Trading

    Carbon Credit

    Management

    Carbon Trading -

    Global

    Carbon Trading -

    India

    STEPS TO MEASURE CARBON CREDIT

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    Implement GHG emission reduction projects

    Plans to earn Rs 3,100 crores over 10-year period

    Two major CDM projects:

    1) Sasan2) Krishnapatnam Ultra Mega Power Project

    MAIN POINTS

    Carbon Credit

    Overview

    Carbon Credit

    Accounting

    Carbon Trading

    Carbon Credit

    Management

    Carbon Trading -

    Global

    Carbon Trading -

    India

    RELIANCE POWER

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    1. Sasan power project:- Worlds largest power generation plant ever

    registered with CDM-EB

    - Would reduce 2.24 million tonnes of CO2 per year

    -Equivalent to 22.4 million carbon credits in first 10

    years

    2. Krishnapatnam project:-Set up at Potti Sri Ramulu Nellore district in Andhra

    Pradesh

    - Installation of 3,960 MW super-critical technology

    - It would reduce 1.23 million tonnes of CO2 per year-Earn approximately 12.3 million carbon credits

    MAIN POINTS

    Carbon Credit

    Overview

    Carbon Credit

    Accounting

    Carbon Trading

    Carbon Credit

    Management

    Carbon Trading -

    Global

    Carbon Trading -

    India

    CDM PROJECTS

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    Qantas and Jetstar started the carbon

    neutral program in 2007

    Allow customers to fly neutral and offset

    their share of flight emissions

    First major airlines to achieve carbon

    neutral certification by Australian

    Governments new National Carbon Offset

    Standard (NCOS)

    August 2011: Celebrated its one million

    tonne milestone

    MAIN POINTS

    Carbon Credit

    Overview

    Carbon Credit

    Accounting

    Carbon Trading

    Carbon Credit

    Management

    Carbon Trading -

    Global

    Carbon Trading -

    India

    CARBON CREDIT & QUANTS

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    Two key elements of the carbon emissions

    calculation:

    1) Volume of carbon emissions generated

    2) cost of carbon per tonne

    Undertook a comprehensive life cycle

    study of energy usage in flight and on the

    ground

    Take over 12 months of flight data and full

    fuel cycle emission factors

    MAIN POINTS

    Carbon Credit

    Overview

    Carbon Credit

    Accounting

    Carbon Trading

    Carbon Credit

    Management

    Carbon Trading -

    Global

    Carbon Trading -

    India

    CALCULATION OF EMISSION

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    Volume of emission =

    emission released by aircraft on each flight sector + ground sector

    No. of passengers carried on the sector

    If a passenger is flying on a sector operated by a

    Qantas Codeshare flight then,

    - emissions are calculated using the average emissions per

    kilometer, based on an average of all flights across the

    Qantas network

    MAIN POINTS

    Carbon Credit

    Overview

    Carbon Credit

    Accounting

    Carbon Trading

    Carbon Credit

    Management

    Carbon Trading -

    Global

    Carbon Trading -

    India

    CALCULATION OF EMISSION

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    Unimaginable trading opportunitynot more than a decade ago

    Working

    CDM (Clean Development

    Mechanism)

    How much credit can be borrowed?

    MAIN POINTS

    Carbon Credit

    Overview

    Carbon Credit

    Accounting

    Carbon Trading

    Carbon Credit

    Management

    Carbon Trading -

    Global

    Carbon Trading -

    India

    CARBON CREDIT TRADING

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    Certified Emission Reductions (CER)

    CER issued by Clean Development Mechanism

    Project certification by Panel members

    CDM 16-20 months for approval

    MAIN POINTS

    Carbon Credit

    Overview

    Carbon Credit

    Accounting

    Carbon Trading

    Carbon Credit

    Management

    Carbon Trading -

    Global

    Carbon Trading -

    India

    CDM

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    CARBON TRADING

    Carbon CreditOverview

    Carbon Credit Accounting

    Carbon Credit Management

    Carbon Trading - Global

    Carbon Trading - India

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    MAIN POINTS

    Carbon Credit

    Overview

    Carbon Credit

    Accounting

    Carbon Trading

    Carbon Credit

    Management

    Carbon Trading -

    Global

    Carbon Trading -

    India

    VOLUNTARY EMISSION REDUCTION

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    COMPANY PROJECT

    Tata SteelWaste heat recovery-based power

    project

    Kesoram Ind Steam system upgradation

    Jaya Shree textiles Energy efficiency

    ACC Blended cement

    Birla Corp Blended cement

    JK cementWaste heat recovery-based power

    proj

    JCT Smallscale biomass

    RIL Energy efficiency

    USWL Cogeneration

    Shree Cement Optimal utilization of clinker

    TNPL Methane extraction, fuel conserv.

    Rana Sugars Bagasse-based cogeneration

    Ultra Tech Cement Prod of Pozzolana cement

    United Phosphorus Natural gas as fuel

    Nahar Spinning Rice husk-beased cogeneration

    MAIN POINTS

    Carbon Credit

    Overview

    Carbon Credit

    Accounting

    Carbon Trading

    Carbon Credit

    Management

    Carbon Trading -

    Global

    Carbon Trading -

    India

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    CARBON TRADING EXCHANGES

    Six exchanges trading in carbon allowances:

    The Chicago Climate Exchange

    European Climate Exchange

    NASDAQ OMX Commodities Europe

    Power Next

    Commodity Exchange Bratislava

    The European Energy Exchange

    MAIN POINTS

    Carbon Credit

    Overview

    Carbon Credit

    Accounting

    Carbon Trading

    Carbon Credit

    Management

    Carbon Trading

    - Global

    Carbon Trading

    - India

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    Assists companies in locating, designing and

    financing carbon reduction projects under the

    Clean Development Mechanism (CDM) and

    other accredited standards

    Develop strategies and financing structures to

    monetize the carbon credits generated fromprojects

    Help to access credit buyers and investors

    MAIN POINTS

    Carbon Credit

    Overview

    Carbon Credit

    Accounting

    Carbon Trading

    Carbon Credit

    Management

    Carbon Trading

    - Global

    Carbon Trading

    - India

    CARBON CREDIT BROKERS & CONSULTANTS

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    Emergent- Venture

    Carbon Credit World

    Synergy Global Ltd

    The Louis Berger Group Inc.

    Carbon Credit Capital

    MAIN POINTS

    Carbon Credit

    Overview

    Carbon Credit

    Accounting

    Carbon Trading

    Carbon Credit

    Management

    Carbon Trading

    - Global

    Carbon Trading

    - India

    EXAMPLE OF BROKERS

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    Multi Commodity Exchange of India Limited (a

    privately owned Mumbai based commodityexchange) trades future carbon credits

    Global carbon credit trading was estimated at

    $5 billion, with India's contribution at around$1 billion

    India has surplus credit to offer to countries

    that have a deficit

    MCX enables the Indian companies having

    carbon credits and meets the UNFCCC norms

    MAIN POINTS

    Carbon Credit

    Overview

    Carbon Credit

    Accounting

    Carbon Trading

    Carbon Credit

    Management

    Carbon Trading

    - Global

    Carbon Trading

    - India

    MULTI COMMODITY EXCHANGE OF INDIA

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    Objective: To reduce Green House Gasesby providing economic incentives

    Government agencies made the limits,

    which are not allowed to exceed

    The buyer is paying a charge for

    polluting

    The seller is being rewarded for reduced

    emitting

    MAIN POINTS

    Carbon Credit

    Overview

    Carbon Credit

    Accounting

    Carbon Trading

    Carbon Credit

    Management

    Carbon Trading

    - Global

    Carbon Trading

    - India

    CARBON TRADING: GLOBAL

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    MAIN POINTS

    Carbon Credit

    Overview

    Carbon Credit

    Accounting

    Carbon Trading

    Carbon Credit

    Management

    Carbon Trading

    - Global

    Carbon Trading

    - India

    CARBON TRADING: GLOBAL

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    The Green Investment Scheme

    International Emission Trading

    MAIN POINTS

    Carbon Credit

    Overview

    Carbon Credit

    Accounting

    Carbon Trading

    Carbon Credit

    Management

    Carbon Trading

    - Global

    Carbon Trading

    - India

    TERMINOLOGY

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    Exponential growth in CDM projectportfolio

    -2006: 297 projects

    - 2007: 1114 projects

    - 2012: over 536 mn

    $10 billion growth in Indian

    revenues

    MAIN POINTS

    Carbon Credit

    Overview

    Carbon Credit

    Accounting

    Carbon Trading

    Carbon Credit

    Management

    Carbon Trading -

    Global

    Carbon Trading -

    India

    CARBON TRADING: INDIA

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    Contribution made by India

    Derivation of CER

    Example : Delhi Metro Rail Corporation(DMRC)

    - 1st rail project in the world to earn carbon

    credit

    - Helped to achieve 4,00,000 CERs- Earning of Rs. 1.2 crore per annum for 10

    years

    - 2nd highest in the no. of CER units

    MAIN POINTS

    Carbon Credit

    Overview

    Carbon Credit

    Accounting

    Carbon Trading

    Carbon Credit

    Management

    Carbon Trading

    - Global

    Carbon Trading

    - India

    CARBON TRADING: INDIA

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    State Bank of India:- Financial instruments to aid carbon trading- Provide assistance

    - Memorandum of Understanding (MOU)

    Telecom Regulatory Authority of India:-Bharti Airtel, Idea Cellular, Vodafone

    -Nokia Siemens Networks

    -Mass adoption of green communication by

    2012

    Himachal Pradesh:- Community Led Assessment, Awareness, Advocacy &

    Action Program (CLAP)

    - Atal Bijli Bachat Yojna

    MAIN POINTS

    Carbon Credit

    Overview

    Carbon Credit

    Accounting

    Carbon Trading

    Carbon Credit

    Management

    Carbon Trading

    - Global

    Carbon Trading

    - India

    INITIATIVES

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    Techno Polis: IT kolkata

    worlds first Green Building Project

    Emission Reduction: 5388 tCO2 per annum

    Revenue Generated due to trading: 37 lakhs

    MAIN POINTS

    Carbon Credit

    Overview

    Carbon Credit

    Accounting

    Carbon Trading

    Carbon Credit

    Management

    Carbon Trading

    - Global

    Carbon Trading

    - India

    COST V/S BENIFIT

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    To truly transform our economy, protect our

    security and save our planet from the ravages

    of climate change, we need to ultimately make

    clean, renewable energy the profitable kind of

    energy

    President Barack Obama