Carbon Credits Projects for GHG MitigationBack to Services
The ghost of global warming is ensuing all around the globe. Green house gasses like methane, carbon dioxide are the mainly responsible for global warming. To curb the emission of these GHG Kyoto protocol was signed at Japan. Under this protocol financial incentives were included for developing countries to reduce the pollution at lower cost. These financial incentives are available for developing countries like India from developing countries under the direct supervision of UN. Biogas (common product of ETP) comprises of mostly methane (55-60%) and carbon-dioxide (35-40%). Both gasses are considered as Green House Gases (GHG). The global warming potential (GWP) of CO2 is 1 whereas CH4 is more dangerous to the environment by 21 folds and hence has GWP of 21. Methane extraction or capture from wastewater/sludge and using it as a precious renewable biofuel is encouraged in today’s developing world. The lucrative encouragement on this front is available in two ways:
- Certified Emissions Reductions (CER)
For the project of Clean Development Mechanism (CDM) run and monitored by United Nations Framework Convention on Climate Change (UNFCC). The beneficiaries of this project are companies/entities from developing countries like India.