Carbon can be traded again

European Union reopened world’s largest carbon trading market on first week of this month. It had been suspended after the cyber attack on 19th Jan 2010 on different National registries. (Read full story here). Hackers have succeeded to steal up to two million European Union Allowances (One EUA = About 13 Euro) from the Czech…

Carbon Tax

Carbon Tax: An Indian Perspective

Increasing concentrations of GHGs resulting from burning of fossil fuels are gradually warming Earth’s climate. Fuel molecules consist of tetravalent carbon atom which is the source of energy. When fuel gets burnt in the presence of oxygen released carbon dioxide with other polluting gases resulting in climate change. Carbon tax can be called as a…

Carbon sequestration potential of Bamboo-Mycorrhiza

Climate change impacts on biodiversity are already evidenced by shifting migration ranges of insects and animals, modified flowering and fruiting cycles and species extinctions. Other impacts including floods and storms are more severe, and heat waves are becoming more extreme. Thus, there is urgent need of remedial measures to lower down the CO2 level. Understanding…

Green House Gas inventory-Indian NATCOM

Note: Read snapshot of India’s Green House Gas emission Report (2007)  here Excess release of pollutants in the atmosphere is a starting point of any environmental pollution. Growing accumulation of green house gases accelerates the green house effect that further results into additional warming of the planet. Climate change is real and it’s effects have…

An introduction to Carbon Disclosure Project

In 2000, the Carbon Disclosure Project was launched by an UK based organization to disclose greenhouse gas emissions by the organizations. CDP is a key to accelerate the climate change mitigation initiative by providing quantitative information about the green house gas emissions. It is difficult for businesses to disclose their sensitive information through the barriers…

Computer hackers are now active on Carbon markets

As per the IOL news, hackers stole million tonnes of carbon credits from the European Union Emission Trading Scheme (EU-ETS). Online auctioning for the carbon credits is not safe now. As a result 27 European States were shut down their national registries for a week. Reports further state that the volume of the credits comes…

What is CDM?

Introduction: Article 12 of the Kyoto Protocol defines Clean Development Mechanism (CDM); ‘The purpose of the clean development mechanism shall be to assist Parties not included in Annex I in achieving sustainable development and in contributing to the ultimate objective of the Convention, and to assist Parties included in Annex I in achieving compliance with…

Role of termites in methane emission

Greenhouse gas (GHG) emissions from natural resources have considerable impacts on climate change. Global methane (a potent greenhouse gas) emissions from natural sources are around 20,80,00,000 metric tonnes per year (EPA, April 2010). Terrestrial arthropod-like termite contributes to the methane emission resulting from their digestive system. Global emissions of methane due to termites are estimated…