Do plantation, reduce carbon and earn crores of rupees

- Ajay Rami, Gandhinagar

Companies or big industries have many ways to earn money. Among these carbon credit is also a mean to get crores of rupees.

Not only companies, even if government encourages groups at local level for solar energy and biogas plants and if can prove that it reduces pollution and carbon from environment, then big companies of America and Europe can give lakhs and crores of rupees for purchasing carbon credit. In exchange of this credit a company of Gujarat get 10 crore rupees every year.

This scheme is not only for companies, but also for any group who can give successful results in reducing carbon. According to guidelines, if any joint forest management group or any other group do plantation in huge area and prove that their efforts resulted in reduction of carbon then amount of carbon credit is verified and estimated by UNFCCC – third party assessment. Later on plenty of money can be earned by selling this carbon credit.

Carbon credit can also be earned by solar energy and biogas plant. If government encourages groups working in the area of solar energy and biogas plant, then employment generation and earning money both are possible with reduced pollution. According to Environmental engineer Mahesh Pandya, if government makes a documentation of these groups and help them for third party assessment, then plantation in large area can be possible and for this one can also get carbon credit.

Presently in Gujarat 18 Companies are earning crores of rupees and saving the environment. Other then this, 75 companies are also working in this area and evaluation of their work is going on.

What is Carbon Credit?

Because of global warming and increase in temperature, a demand of prohibition on green house gas is raised internationally. According to Kyoto protocol, companies will get carbon credit if it is proved that they have reduced carbon gas by modifying its fuel consumption pattern or machinery. It is verified by third party assessment. Burning and using coal increases pollution, so gas can be used in reduction of carbon.

(Divya Bhaskar daily, Ahmedabad)