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By burning fossil fuels such as coal, gas and oil, and
clearing forests, we have dramatically increased the amount of carbon
dioxide in the Earth's atmosphere and temperatures are rising.
The vast majority of scientists agree that global warming is real, its
already happening, and that it is the result of our activities and not a
natural occurrence.
The evidence is overwhelming and undeniable.
We're already seeing changes. Glaciers are melting, plants and animals are
being forced from their natural habitat, and the number of severe storms and
droughts is increasing. The number of Category 4 and 5 hurricanes has almost
doubled in the last 30 years. Malaria has spread to higher altitudes in
places like the Columbian Andes, 7000 feet above sea level.
The flow of ice from glaciers in Greenland has more than doubled over the
past decade. At least 279 species of plants and animals are already
responding to global warming, moving closer to the poles. |
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Carbon Credits
Carbon Credits Trading
midst growing concern and increasing awareness on the need for pollution
control, the concept of carbon credit came into vogue as part of an
international agreement, popularly known as the Kyoto Protocol.
The preliminary phase of the Kyoto Protocol is to start in '07 while the
second phase starts from '08 there will be financial penalties for
non-compliance . Developed countries have to spend nearly $300-500 for
every tonne reduction in CO2, against $10-$25 to be spent by developing
countries. In countries like India, GHG emission is much below the
target fixed by the Kyoto Protocol, so they are excluded from reduction
of GHG emission. On the contrary they are entitled to sell surplus
credits to developed countries. This is where countries can trade carbon
credits.
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The practice of exporting dirty and outmoded technology is
both dangerous for the local population and the wider global community.
This exposes citizens of the client nation to health and environmental
risks, and contributes to the growing burden of climate changing gasses in
the atmosphere.
Developed nations have seen the 'writing on the wall' when it comes to
fossil fuel power generation. The health and environmental risks of using
these technologies are extremely onerous. Due to their use, tonnes of the
greenhouse gas carbon dioxide will be added to the atmosphere over the next
20 years, contributing to climate change.
Poor energy choices will adversely affect the energy pathways of the client
countries for the next 30 to 40 years.
For more information, you can download our PDF file (745kb)
about Energy Replay and our fuel cells. |