An Empirical Study of Carbon Credits Trading Practices Among Indian Organizations
Satyendra Arya, Ajay Kumar Garg, Rakesh K. Mudgal
Abstract
Satyendra Arya, Ajay Kumar Garg, Rakesh K. Mudgal
Abstract
Carbon credit is an element, which is used to aid in regulation of the amount of carbon dioxide that is being released into the air. This is the part of a global plan which has been created in an effort to reduce the global warming and its effect. This global plan works by capping the amount of total emissions that can be released by one organization. If there is a shortfall in the amount of gases that are used, there is a monetary value assigned to this shortfall and it may be traded and the trading of these carbon credits is known as Carbon Credits Trading. This research paper is focused on the Carbon Credits Trading Practices within Indian organizations. The main objective of this research paper is to explore the different carbon credits trading practices which are adopted by the Indian organizations.
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Carbon credit is an element, which is used to aid in regulation of the amount of carbon dioxide that is being released into the air. This is the part of a global plan which has been created in an effort to reduce the global warming and its effect. This global plan works by capping the amount of total emissions that can be released by one organization. If there is a shortfall in the amount of gases that are used, there is a monetary value assigned to this shortfall and it may be traded and the trading of these carbon credits is known as Carbon Credits Trading. This research paper is focused on the Carbon Credits Trading Practices within Indian organizations. The main objective of this research paper is to explore the different carbon credits trading practices which are adopted by the Indian organizations.
Key concepts: Business, Carbon fibers, Empirical research, Finance, Computer science, Mathematics, Statistics, Composite number