Carbon Credit is a new concept in geographical areas of the world population. This study helps to increase awareness of controlling greenhouse gases emission. It is also important to study the problems of the emissions and to take required measures to control such emission. It is essential to study the problems of emission in developing countries and to suggest reasonable measure to overcome the lapses. In short the individuals, companies and each one of the countries could balance their CO2 output by purchasing credit from others that emits less greenhouse gases than prescribed maximum.
Limited study of carbon credit exists in Indian context due to the lack of data. Awareness about carbon credits concept is to the general public in India is the need for controlling emissions of greenhouse gases. Drastic changes in the climate, threats to the very existence of human life, changes in the wild life habitat, stress on the natural resources and vanishing of these resources etc are few of the effects of increase in the greenhouse gases due to which it is become compulsory rather than necessary for every individual to do what they can do to help.
Paper Published (National/International)
- Maheshwari, H.; Jain, K.; Gairola, A. Methodology for Estimation of Direct and Indirect Carbon Footprint of Cement Industry (2014), Journal of Energy, Environment & Carbon Credits (JoEEC), Vol. 4, Issue 1, pp.13-21.