Though agriculture accounts for less than 10 percent of U. For instance, growing plants to remove carbon from the atmosphere, and storing that carbon in soils as beneficial organic matter, provides atmospheric benefits; it also provides the co-benefit of increasing the water-holding capacity, health, and resilience of the soils. Another way land managers can reduce their environmental impact—and tap into a potential source of new revenue—is by participating in emerging carbon markets. COMET-Farm helps farmers and ranchers compile a detailed inventory of emissions and carbon storage on their properties.
CO2 Australia-The Case for Carbon Credits Case Study Analysis & Solution
Carbon Credit Trade Case Study - Words | Cram
The aim of the system of carbon credits is to limit the release of harmful greenhouse gases into the atmosphere; but what exactly is a carbon credit and how does this system work to prevent or minimize climate change? A carbon credit is a certificate or permit, usually issued to a company or organization that participates in a national or international carbon market. Sometimes known as a carbon allowance, it gives the owner the right to emit one tonne metric ton of carbon dioxide or equivalent greenhouse gas CO2e within a specified timeframe. Depending on the specific market or trading scheme, carbon credits are either bought by participants, at a fixed price or by auction or allocated free of charge based on forecast carbon emissions. At a global level, the Kyoto Protocol is the international agreement that governs how much CO2e each country can emit. Participating nations agree on a maximum annual emission limit as part of their contribution towards curbing global warming.
Carbon Credit Markets HBS Case Analysis
Malaysia-based energy-saving project, Blockchain Energy Saving Consortium , or BESC, was initiated to help create a more sustainable future by mitigating climate change. It helps finance energy-saving projects while motivating individuals and organizations to participate in measures to drive our world towards energy-efficient processes. Hence, BESC proposed a solution to create a platform where businesses could track their energy consumption or generation and efficiently trade their energy savings as carbon credits. The challenge, however, was to devise a way for businesses to record their carbon credits and sell or buy any desired quantity of the same.
This case describes how carbon credits are created via planting Mallee Eucalypt trees by CO2 Australia. The case provides useful background to go along with the technical note "Carbon Credit Markets" UV , which discusses in greater detail the regulatory frameworks as well as the various mechanisms that exist to allow carbon credit creation and trading. Even before you start reading a business case study just make sure that you have brushed up the Harvard Business Review HBR fundamentals on the Organizational Development. Brushing up HBR fundamentals will provide a strong base for investigative reading.