DTE 1-15 Dec 2019 Carbon Credit Smoke Screen (Download PDF)

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Carbon Credit Smoke Screen: Carbon markets have shifted the mitigation responsibility from developed to the developing countries. These carbon markets were created under the Kyoto Protocol of 1997 with the hope that their expansion would increase investments in low-carbon and mitigation technologies. The three market mechanisms under this protocol-Emissions Trading Systems (ETS), Clean Development Mechanism (CDM) and Joint Implementation (JI) were meant for developed countries to take the lead in reducing emissions and meet their global mitigation requirements. The Clean Development Mechanism defined in the Kyoto Protocol (IPCC 2007) provides for emissions reduction projects which generate Certified Emission Reduction units (CERs) which may be traded in emissions trading schemes.

  • The CDM mechanism did not differentiate between reductions in emissions of CO2 and other greenhouse gases (such as HFC-23) which have a warming potential much higher than CO2.
  • The CDM allowed emission reductions without making fundamental changes in economies of developed countries.
Breakdown of Approved CDM Project by Types in Six States

Breakdown of Approved CDM Project by Types in Six States

Breakdown of Approved CDM Project by Types in Six States

CDM Projects in India by Type, as of March 1, 2015

CDM Projects in India by Type, as of March 1,2015

CDM Projects in India by Type, as of March 1,2015

Withdrawal of Crop Insurance Companies from Pradhan Mantri Fasal Bima Yojana

  • The number of farmers who enrolled for Pradhan Mantri Fasal Bima Yojana (rolled out during the 2016 kharif season) has gone down along with the insurance companies.
  • Due to heavy losses in the 2018 Kharif season three private companies—ICICI
  • Lombard, Tata AIG and Cholamandalam MS did not bid for the Rabi (mid-November to May) and kharif (June to October) ahead of the 2019 - 20 crop season.
  • As far as insurance claims in 2019 are concerned it is expected to be the highest ever due to prolonged rainfall in Maharashtra, Karnataka and Madhya Pradesh were the key crops were damaged.
Pradhan Mantri Fasal Bima Yojana

Pradhan Mantri Fasal Bima Yojana

Pradhan Mantri Fasal Bima Yojana

Withdrawal of Crop Insurance Companies

Withdrawal of Crop Insurance Companies

Withdrawal of Crop Insurance Companies

Low numbers, High Premium

Low Numbers, High Premium

Low numbers, High Premium

CCS BECCS AND DACCS Technologies

  • CCS (Carbon capture Storage) technology capture waste carbon dioxide from large sources such as factories or fossil fuel power plants, and store it underground. It involves transportation to a storage site and depositing it usually in an underground geological formation where it will not enter the atmosphere for thousands of years.
  • BECCS (Bio-energy with carbon capture and storage) combines bio-energy production with carbon capture and storage. Bio-energy is generally advocated as an efficient use of organic residue (biomass) from farming, husbandry and forestry. It is however, not restricted to wastes. For example, crops like corn, palm oil and soybeans are sometimes grown purely as “energy crops”.
  • DACCS (Direct Air Carbon Capture and Storage) uses a chemical agent to bond with carbon dioxide (CO2) in the air and isolate it from the atmosphere. The link between the agent and CO2 is then broken, which allows the chemical agent to be recycled to capture more CO2. The chemical process is catalysed by electricity. DACCS is hence an electricity-intensive technology. Its potential to limit climate change depends on the source and cost of the electricity consumed.
CCS BECCS and DACCS Technologies

CCS BECCS and DACCS Technologies

CCS BECCS and DACCS Technologies

Zero Waste Model Management adopted by Philippines

  • Philippines zero waste model management is not only turning their wastes to gold but also making the surroundings clean, green and environmentally sustainable.
  • The zero waste model is not cost effective and environmentally sustainable, but also creates jobs for the informal waste collectors.
  • Through anaerobic digestion the wastes are turned into biogas. These wastes can now be safely and economically recycled, reused and composted.
  • The main goal of Zero waste management is to prevent trash to be sent to landfills, incinerators, or the ocean.
  • Zero waste also reduces climate impact, conserves resources and minimizes pollution, promotes social equity and builds community, supports a local circular economy and creates jobs.
How waste to Energy works

How Waste to Energy Works

How waste to Energy works

Know the MCQs

  • Gond, Oraon and Pahari Korba tribes belong to a village in Chattisgarh and recently Seed bombing technique has been extensively used in this region to obtain green patches.
  • Mizoram has become the first state to revoke the implementation of the Forest Rights Act, 2006 after it failed to receive Central funds under the Act since 2014 - 15.
  • Dried Kachri, which adds a tangy taste to Rajasthani cuisine, has a growing market across India. Dried Kachri powder, when used in cooking, adds a tangy taste.
  • Sambhar Salt Lake is located in Rajasthan and nearly 17,000 migratory birds have died so far here. The deaths were reported in Jaipur, Nagaur and Ajmer districts of Rajasthan. Nearly 8,500 birds have died so far in Jaipur itself.
  • Chandil dam was built over the Subarnarekha River in Jharkhand in 1980s, the river submerged over 100 villages. As many as 12,000 families lost their livelihood when the Chandil dam came up in Jharkhand’s Saraikela Kharsawan district in the 1980s. Now they have found an alternative source of income — pisciculture. The Jharkhand government has presented fish farming as a success story, calling it the ‘Blue Revolution’.

- Published/Last Modified on: December 31, 2019

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