As emission levels increase globally, the number
of companies wanting/needing to buy more credits will increase, pushing
up the market price and encouraging businesses to undertake eco-friendly
activities that create for them carbon credits to sell. Developed
countries have to spend nearly $300-500 for every ton reduction in CO2,
against $10-$25 by developing countries. India’s GHG emission is below
the target and so, it is entitled to sell surplus credits to developed
countries. India is considered to claim about 31% of the total world
carbon trade, which can give $25bn by 2010.
This is what makes trading in carbon credits
such a great business opportunity. Foreign companies which cannot
fulfill the norms can buy the surplus credit from companies in other
countries. Many Indian companies have been re-rated on the stock markets
on the basis of the bonanza that will accrue to them when carbon trading
kicks off.
We are carbon
credit consultants in New Delhi and help companies create extra income
through Crabon Credits by selling thier Carbon Credits to EU countries,
contact us for details. |
