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8/2/2019 Final Fm Ppt (Group 5)
1/31
8/2/2019 Final Fm Ppt (Group 5)
2/31
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
8/2/2019 Final Fm Ppt (Group 5)
3/31
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
8/2/2019 Final Fm Ppt (Group 5)
4/31
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
8/2/2019 Final Fm Ppt (Group 5)
5/31
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
8/2/2019 Final Fm Ppt (Group 5)
6/31
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
8/2/2019 Final Fm Ppt (Group 5)
7/31
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
8/2/2019 Final Fm Ppt (Group 5)
8/31
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
8/2/2019 Final Fm Ppt (Group 5)
9/31
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
8/2/2019 Final Fm Ppt (Group 5)
10/31
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
8/2/2019 Final Fm Ppt (Group 5)
11/31
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
8/2/2019 Final Fm Ppt (Group 5)
12/31
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
8/2/2019 Final Fm Ppt (Group 5)
13/31
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
8/2/2019 Final Fm Ppt (Group 5)
14/31
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
8/2/2019 Final Fm Ppt (Group 5)
15/31
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
8/2/2019 Final Fm Ppt (Group 5)
16/31
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
8/2/2019 Final Fm Ppt (Group 5)
17/31
CARBON TRADING
Carbon CreditOverview
Carbon Credit Accounting
Carbon Credit Management
Carbon Trading - Global
Carbon Trading - India
8/2/2019 Final Fm Ppt (Group 5)
18/31
MAIN POINTS
Carbon Credit
Overview
Carbon Credit
Accounting
Carbon Trading
Carbon Credit
Management
Carbon Trading -
Global
Carbon Trading -
India
VOLUNTARY EMISSION REDUCTION
8/2/2019 Final Fm Ppt (Group 5)
19/31
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
8/2/2019 Final Fm Ppt (Group 5)
20/31
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
8/2/2019 Final Fm Ppt (Group 5)
21/31
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
8/2/2019 Final Fm Ppt (Group 5)
22/31
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
8/2/2019 Final Fm Ppt (Group 5)
23/31
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
8/2/2019 Final Fm Ppt (Group 5)
24/31
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
8/2/2019 Final Fm Ppt (Group 5)
25/31
MAIN POINTS
Carbon Credit
Overview
Carbon Credit
Accounting
Carbon Trading
Carbon Credit
Management
Carbon Trading
- Global
Carbon Trading
- India
CARBON TRADING: GLOBAL
8/2/2019 Final Fm Ppt (Group 5)
26/31
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
8/2/2019 Final Fm Ppt (Group 5)
27/31
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
8/2/2019 Final Fm Ppt (Group 5)
28/31
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
8/2/2019 Final Fm Ppt (Group 5)
29/31
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
8/2/2019 Final Fm Ppt (Group 5)
30/31
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
8/2/2019 Final Fm Ppt (Group 5)
31/31
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