Certified Emission Reduction

Judgment of the National Green Tribunal regarding plywood factories operating in Yamuna Nagar, Haryana, 27/05/2025

Judgment of the National Green Tribunal, May 27, 2025 in the matter of Sumit Saini Vs Shree Ram Steel Industries & Others. Sumit Saini, resident of village Damla, District Yamuna Nagar, Haryana had sent a letter petition dated May 14, 2022 to the NGT. The application said that around 25 …

Carbon Credits

Trade clean air for green-house gases. What do you get? Pollution? Not necessarily. Money? Almost certainly. Under the 1997 Kyoto Protocol, most developed countries agreed to reduce greenhouse gas emissions by an average 5.20 per cent between 2008 and 2012. The European Union, which is one of its signatories, is …

The new climate regime: sustainable development framework for the vision, ambition, accountability and international cooperation

The new climate regime will lead to commitments only for developing countries, because the United States, which did not ratify the legally binding commitments under the Kyoto Protocol, continues to insist on a framework with nationally determined emissions reductions monitored at the global level. The unresolved issue is multilateral agreement, …

The parallels between EU financial crisis and carbon market collapse

Extreme caution needs to be taken while mulling of linking different carbon markets Ever since the green shoots of carbon markets sprung up in countries outside the European Union (EU), economists all over the world are sharpening their modelling and forecasting tools to once again create a new chaos – …

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