Share of Markey Buyers
(in terms of volume of emission reductions purchased in ’06)
|
Buyers |
% Volume |
|
Japan |
39 |
|
The Netherlands |
25 |
|
Carbon Finance Business |
23 |
|
USA |
4 |
|
Canada |
3 |
|
Australia & New Zealand |
3 |
|
Other EU |
3 |
WORLD SHARE OF MARKET BUYERS
What about India ?
INDIA, being a developing country, is exempted from the requirement of adherence to the Protocol. However, it can sell the Carbon Credits to the developed countries. Companies investing in windmills, Bio-Diesel, Co-Generation, Bio- Gas are the ones that will generate Carbon Credits for selling to the developed nations. The accompanying table gives the names of some of the companies that stand to benefit from the Carbon Credit trading and the new regime. The Protocol is designed to not only undo the climate ill- effects of the industrialization but also to identify the economic beneficiaries of the same and make them more accountable in damage control, deserve high applause; all the more so, for its flexible approach and concern in letting the business and economies continue while doing the damage control.
|
Companies |
Project |
CERs (units) |
Estimated Amount Receivable |
|
Torrent Power AEC |
Energy Efficiency |
11900752 |
199.9 |
|
Gujarat Fluro Chemicals |
Gas Capture |
3380076 |
56.8 |
|
Indian Aluminium |
Gas Capture |
2553344 |
42.9 |
|
Lanco Group |
Fuel Switching |
2289478 |
38.5 |
|
Jaypee Associates |
Energy Efficiency |
1084469 |
18.2 |
|
Chennai Petroleum Refineries |
Energy Efficiency |
1010000 |
17.0 |
|
Balrampur Chini |
Renewables |
936289 |
15.7 |
|
Jindal Vijaynagar Steels |
Energy Efficiency |
575967 |
9.7 |
|
Orissa Sponge Iron |
Energy Efficiency |
424549 |
7.1 |
|
Kalpataru Power Transmission |
Renewables |
313743 |
5.3 |
|
Indo – Gulf Corporation |
Energy Efficiency |
245256 |
4.1 |
|
Grasim Industries |
Energy Efficiency |
242270 |
4.1 |
( Rs. Crore)
INDIAN CARBON TRADERS :
INDIAN CARBON TRADERS
