IJESD 2016 Vol.7(11): 843-848 ISSN: 2010-0264
doi: 10.18178/ijesd.2016.7.11.892
doi: 10.18178/ijesd.2016.7.11.892
Role of Emission Trading and Clean Development Mechanism in Achieving Cleaner Production
Neelima Naik, Seema Unnikrishnan, Anju Singh, and Indrayani Nimkar
Abstract—This paper looks at the various emission trading
mechanisms under the Kyoto Protocol. The Emission Trading
mechanisms are Clean Development Mechanism (CDM),
Emission Trading System (ETS) and Joint Implementation (JI),
which involve trading of carbon in terms of Certified Emission
Reduction (CER), Assigned Amount Units (AAU) and Emission
Reduction Unit (ERU), resp. The paper focuses on CDM which
is a flexible project-based mechanism that facilitates Annex I
(developed) countries to execute projects to mitigate GHG
emissions in non-Annex I (developing) countries to earn CERs.
7677 CDM projects implemented to reduce GHGs from
manufacturing industries (384), chemical industries (116),
mining and production of metals (97) and energy sector (6576)
till October 2015 have been studied and analyzed. All these
CDM projects used different methodologies for GHG
mitigation activity to calculate Certified Emission Reductions
(CERs) generated by CDM project activity in a host country. A
brief review of the methodologies used in all the projects to
mitigate GHGs by its emission avoidance, capture, recovery
and further for electricity generation has been carried out. We
have also reviewed the various Joint Implementation Projects
and the Emission Trading Volumes briefly. To conclude, it is
effective to have CDM projects and JI projects in various
industrial sectors as it leads to substantial GHG emission
reduction.
Index Terms—Emission reduction, carbon trading, chemical and manufacturing industries.
The authors are with the National Institute of Industrial Engineering (NITIE), Mumbai, Maharashtra 400087, India (e-mail: neelimanitie@gmail.com, seemaunnikrishnan@gmail.com).
Index Terms—Emission reduction, carbon trading, chemical and manufacturing industries.
The authors are with the National Institute of Industrial Engineering (NITIE), Mumbai, Maharashtra 400087, India (e-mail: neelimanitie@gmail.com, seemaunnikrishnan@gmail.com).
Cite: Neelima Naik, Seema Unnikrishnan, Anju Singh, and Indrayani Nimkar, "Role of Emission Trading and Clean Development Mechanism in Achieving Cleaner Production," International Journal of Environmental Science and Development vol. 7, no. 11, pp. 843-848, 2016.
General Information
- ISSN: 2010-0264 (Print); 2972-3698 (Online)
- Abbreviated Title: Int. J. Environ. Sci. Dev.
- Frequency: Bimonthly
- DOI: 10.18178/IJESD
- Editor-in-Chief: Prof. Richard Haynes
- Managing Editor: Ms. Cherry L. Chen
- Indexing: Scopus (CiteScore 2022: 1.4), Google Scholar, CNKI, ProQuest, EBSCO, etc.
- E-mail: ijesd@ejournal.net
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