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NSWAI ENVIS FROM THE PRESIDENT’S DESK
• SEVENTH ISSUE •
Decomposition and stabilization of solid organic waste material has been taking place in th The 7 issue of NSWAI-ENVIS newsletter portrays two nature ever since life appeared on this planet. With the progress of civilization and advancements of topics : scientific knowledge, efforts are being directed 1. Carbon Credits in India 2. Bio-bin composting towards rationalizing and controlling the process in This is in continuance with the topics discussed in such a way as to make it more effective and efficient. Bio-bin is one such ...view middle of the document...
Addressing traders under the Clean Development Mechanism climate change is not a simple task. To protect (CDM) of Kyoto Protocol. Since India generates ourselves, our economy, and our land from the enormous amount of Municipal Solid Waste, adverse effects of climate change, we must reduce implementation of CDM project for power generation emissions of carbon dioxide and other greenhouse is incredibly viable. The article “Carbon Credits in gases. To achieve this goal the concept of Clean India”describes how open dumps in India can be Development Mechanism (CDM) has come into efficiently used as CDM activity for recovery of emitted vogue as a part of Kyoto Protocol. gases & power generation. Such type of projects could The objective is the “stabilization of be very significant for the economy of the country. Apart from improving the environment, it would not greenhouse gas concentrations in the atmosphere only contribute substantially to the overall power at a level that would prevent dangerous generation capacity but can also give a good return anthropogenic interference with the climate system”. on investment.
NSWAI ENVIS • SEVENTH ISSUE - FEBRUARY, 20007
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Kyoto Protocol is an agreement made under the United Nations Framework Convention on Climate Change (UNFCCC). The treaty was negotiated in Kyoto, Japan in December 1997, opened for signature on March 16, 1998, and closed on March 15, 1999. The agreement came into force on February 16, 2005, under which the industrialised countries will reduce their collective emissions of greenhouse gases by 5.2% compared to the year 1990 (but note that, compared to the emissions levels that would be expected by 2010 without the Protocol, this target represents a 29% cut). The aim is to lower overall emissions of six greenhouse gases - carbon dioxide, methane, nitrous oxide, sulfur hexafluoride, HFCs(Hydrofluro Carbon), and PFCs - calculated as an average over the five-year period of 2008-12. National targets range from 8% reductions for the European Union and some others to 7% for the US, 6% for Japan, 0% for Russia, and permitted increase of 8% for Australia and 10% for Iceland. The Clean Development Mechanism (CDM) is an arrangement under the Kyoto Protocol allowing industrialized countries with a greenhouse gas reduction commitment to invest in emission reducing projects in developing countries as an alternative to what is generally considered more costly emission reductions in their own countries. Under CDM, a developed country can take up a greenhouse gas reduction project activity in a developing country where the cost of GHG reduction project activities is usually much lower. The developed country would be given credits (Carbon Credits) for meeting its emission reduction targets, while the developing country would receive the capital and clean technology to implement the project. Carbon credits are certificates issued to countries that reduce their...