‘Carbon’ and fashionable?...Of course!
Paper and plastic money are for the laymen, you cavemen! India Inc. is betting heavily on carbon money. Carbon h
ere refers to credits (one carbon credit is equal to one tones of CO2) that companies can earn by reducing emissions of greenhouse gases and selling them to those who need it, especially developed countries. No doubt, emissions reduction can foster sustainable development, create clean technology in a carbon-less economy and produce local benefits among others. But really, carbon credits have signify cant monetary value for India Inc.. Companies like Reliance Energy, Jindal Steel, Gujarat Ambuja, Grasim Cement and a few others have joined the race for earning emission reduction benefits, which has the potential of bringing in annual flows of as much as $300 million into India, and all simply by incorporating technological changes, which will lower carbon emissions and will enable these firms to sell those reduced emissions (read, credits).
For Complete IIPM Article, Click on IIPM Article
Paper and plastic money are for the laymen, you cavemen! India Inc. is betting heavily on carbon money. Carbon h
ere refers to credits (one carbon credit is equal to one tones of CO2) that companies can earn by reducing emissions of greenhouse gases and selling them to those who need it, especially developed countries. No doubt, emissions reduction can foster sustainable development, create clean technology in a carbon-less economy and produce local benefits among others. But really, carbon credits have signify cant monetary value for India Inc.. Companies like Reliance Energy, Jindal Steel, Gujarat Ambuja, Grasim Cement and a few others have joined the race for earning emission reduction benefits, which has the potential of bringing in annual flows of as much as $300 million into India, and all simply by incorporating technological changes, which will lower carbon emissions and will enable these firms to sell those reduced emissions (read, credits).For Complete IIPM Article, Click on IIPM Article
Source : IIPM Editorial, 2007
An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative
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High potential real estate sector
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An avant-garde Architect’s Alcazar
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