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An Empirical Study of Carbon Credits Trading Practices Among Indian Organizations


Affiliations
1 Department of Management Studies, Teerthanker Mahaveer University, Moradabad, India
2 School of Administrative Sciences, Fairleigh Dickinson University, Canada
3 Teerthanker Mahaveer University, Moradabad, India
     

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Carbon credit is an element, which is used to aid in regulation of the amount of carbon dioxide that is being released into the air. This is the part of a global plan which has been created in an effort to reduce the global warming and its effect. This global plan works by capping the amount of total emissions that can be released by one organization. If there is a shortfall in the amount of gases that are used, there is a monetary value assigned to this shortfall and it may be traded and the trading of these carbon credits is known as Carbon Credits Trading. This research paper is focused on the Carbon Credits Trading Practices within Indian organizations. The main objective of this research paper is to explore the different carbon credits trading practices which are adopted by the Indian organizations.

Keywords

Carbon Credits Trading, Clean Development Mechanism, Kyoto Protocol, Emission Trading (ET), Allowance Based Mechanism and Certified Emission Reductions (CERs).
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  • An Empirical Study of Carbon Credits Trading Practices Among Indian Organizations

Abstract Views: 584  |  PDF Views: 1

Authors

Satyendra Arya
Department of Management Studies, Teerthanker Mahaveer University, Moradabad, India
Ajay Kumar Garg
School of Administrative Sciences, Fairleigh Dickinson University, Canada
Rakesh Kumar Mudgal
Teerthanker Mahaveer University, Moradabad, India

Abstract


Carbon credit is an element, which is used to aid in regulation of the amount of carbon dioxide that is being released into the air. This is the part of a global plan which has been created in an effort to reduce the global warming and its effect. This global plan works by capping the amount of total emissions that can be released by one organization. If there is a shortfall in the amount of gases that are used, there is a monetary value assigned to this shortfall and it may be traded and the trading of these carbon credits is known as Carbon Credits Trading. This research paper is focused on the Carbon Credits Trading Practices within Indian organizations. The main objective of this research paper is to explore the different carbon credits trading practices which are adopted by the Indian organizations.

Keywords


Carbon Credits Trading, Clean Development Mechanism, Kyoto Protocol, Emission Trading (ET), Allowance Based Mechanism and Certified Emission Reductions (CERs).

References