Carbon Offset Demystified

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Saving more than the environment: Mini-Taxi Engine Retrofits in the Philippines •Size: 100K tCO2e •Providing support to a local business that converts two-stroke mini-taxi engines to modern fuel-injection technology. More efficient engines reduce carbon emissions and ambient air pollution. •Monitoring: Project created and managed by our local partner Envirofit. Project will be submitted to the CDM Executive Board with independent verification by a UN Designated Operational Entity. •Why we like it: – High climate change reduction potential – New business opportunities for local entrepreneurs – Improving air quality in cities – Reduced fuel costs for taxi drivers
<strong>Carbon</strong> Credit Development How are they made? Sale Verification Monitoring Validation Start Contract Concept Compliance Market •Trades CERs / EUAs •European trading scheme •700m tonnes per annum •€23 per tonne Voluntary Market •Trades CERs / VERs •23m tonnes worldwide in 2006 • €8-10 per tonne
Page 1 and 2: Carbon Trading Mark Chadwick, CEO C
Page 3 and 4: Introduction to Carbon Clear • Ma
Page 5 and 6: What is carbon trading? • Carbon
Page 7 and 8: Why trade carbon credits? 60 50 40
Page 9 and 10: How are they made? • Permits to p
Page 11 and 12: Carbon trading in your organisation
Page 13 and 14: Existing UK climate policy levers C
Page 15 and 16: Cinic: Questions and comments about
Page 18 and 19: Lifecycle of a carbon credit … a
Page 22: Monitoring • Each retrofit includ

Carbon Offset Demystified

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