India holding some major cards in the carbon trade game
By | Published: May 31, 2008
Age: THE latest World Bank figures show that India has emerged as a big player in the carbon trading market, ranking as the second-largest seller of carbon credits in the global market last year. Although its share is only 6%, as compared with China’s gigantic 73%, India now has 930 carbon credit projects in the pipeline. Carbon credits are generated by companies in the developing world when they move to cleaner technologies that help to reduce their greenhouse emissions. For …
India holding some major cards in the carbon trade game
Age: THE latest World Bank figures show that India has emerged as a big player in the carbon trading market, ranking as the second-largest seller of carbon credits in the global market last year. Although its share is only 6%, as compared with China’s gigantic 73%, India now has 930 carbon credit projects in the pipeline. Carbon credits are generated by companies in the developing world when they move to cleaner technologies that help to reduce their greenhouse emissions. For …
Original post by miscellaneous