Dr. Manishika Jain in this video explains the concept of carbon trading and Kyoto Protocol.
Details are given below:
Kyoto Protocol & Carbon Trading
Kyoto Protocol
Adopted on 11 December 1997
Came in force on 16 February 2005
COP7 at Marrakesh – Rules for implementation were adopted & called “Marrakesh Accords.”
1st commitment period started in 2008 and ended in 2012 – GHG β5% against 1990 level
Aim to reduce emissions
2012- Doha Amendments β 2nd Commitment period 2013 to 2020 – GHG β18% against 1990 level
Carbon Trading / Cap & Trade
1 πΆπππππ ππππ‘=1 π‘ππ ππ πΆπ2 ππ.
Mechanism
Annex B β Targets to limit emissions as βAssigned Amount Units (AAU)β
Removal Unit (RMU): Based on land use, land-use change and forestry (LULUCF) activities like reforestation
Emission Reduction Unit (ERU): By joint implementation
Certified Emission Reduction (CER): By clean development mechanism
Carbon Offsets
Are form of trade.
If buy – β GHG emissions
Restore forests
Update power plants and factories
Increase energy efficiency of buildings and transportation
Let you pay to reduce the global GHG total
Register: http://www.examrace.com/Updates/UpdateRegister.html
For NET Paper 1 Study material refer – http://www.examrace.com/CBSE-UGC-NET/CBSE-UGC-NET-FlexiPrep-Program/Postal-Courses/Examrace-CBSE-UGC-NET-Paper-I-Series.htm
Amazing explanation. I'm on a Climate change Fellowship right now, and your video is just the cherry on the pie I needed to have a much clearer picture of the Carbon Trading! Thanks again xx
It's very clear concept thanks
awsm.
thank you mam it's really very helpfull
doubt clear mam
thank you
your lectures are more than a book.
Remarkable work mam
thank you
Great mam…thanks
u are a goddess mam for students
thankquu mam
thanks mam please give clear pic
thanks a ton mam..keep updating videos for paper 1 I really need it ..thank u
very helpful… nicely explained !
thnk u π
it's very helpful thank u mam
Thnks mam
Thnks mam
thanks a lot very useful….