Collage‚ Indore Abstract Carbon Trading are generated by enterprises in the developing world that shift to cleaner technologies and thereby consumption‚ consequently reducing their greenhouse gas emissions. For each tone of carbon dioxide (the major GHG) emission avoided‚ the entity can get a carbon emission certificate which they can sell either immediately or through a futures market‚ just like any other commodity. The certificates are sold to entities in rich countries‚ like power utilities‚ which
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for reducing carbon dioxide and other so-called greenhouse gases (that are believed by many scientists to be causing global warming). According to the case‚ the carbon-tax and a cap-and-trade system are the best economic tool to employ to reduce emissions. As we know‚ taxes are the most important expense for a company or firm‚ if they would emit much more carbon dioxide and other gases‚ they need to pay more taxes on using carbon recourses. It is stated (Bubna-Litic & Chalifour 2012) that ‘One of
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EXECUTIVE SUMMARY Carbon Credits are gaining momentum not only around the world but also in India. The Concept of Carbon Credits evolved as a step to mitigate the rising Global Warming on earth. The emission of greenhouse gases by industries and anthropogenic activities has caused irreparable damage to the atmosphere leading to rising global temperature‚ affecting human life and causing Global Warming. The Concept of Carbon Credits was therefore evolved by way of an agreement by different countries
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CLIMATE CHANGE AND CARBON TRADING: NEW AVENUES FOR ACTUARIES (Submitted By: Anupam Sharma‚ Deepa Gupta‚ Subhash Goyal‚ Swati Kwatra) Executive summary The increasing risk of Climate change can be measured by the fact that natural catastrophes in 2008 cost the global economy $225 billion‚ which is one of the costliest year in the history of Insurance business. It will have an impact on Insurance sector in terms of changing pattern of mortality‚ more frequent property claims etc. Climate change
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The case study of Standard chartered: Islamic ethics and social responsibility. Abstract This paper is a case study on Ethisc and Social responsibility as adobpted by Standard Chartered Saadiq‚ paper briefs Islamic concept of ethics and social responsibilities and brief comparison with conventional ethics and social responsibility concept. Paper highlights on business performance by Standard Chartered Saadiq‚ products offered to customers‚ Shariah compliance policy and social reposnibility of
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vision statements on the following components: STANDARD CHARTERED BANK Historical Background The Standard Chartered Group is an unusual banking business. Although its roots are British‚ its area of operations‚ its network and indeed its profits stream are overwhelmingly international. The name Standard Chartered comes from the two original banks from which it was Founded – The Chartered Bank of India‚ Australia‚ and China‚ and the Standard Bank of British South Africa. James Wilson following
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company and government standards that go unseen by the consumer. These issues often change geographically on an enormous scale due to globalization. Sometimes rights and standards can vary and sometimes the issues are much far more complicated than how we perceive them in The United States. In this essay‚ I will be evaluating the standards of labor regarding Nike shoes and sweatshop accusations towards them. I will also compare labor standards of the United States to labor standards of countries overseas
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Data Encryption Standard In 1972‚ the NBS Institute for Computer Sciences and Technology (ICST) initiated a project in computer security‚ a subject then in its infancy. One of the first goals of the project was to develop a cryptographic algorithm standard that could be used to protect sensitive and valuable data during transmission and in storage. Prior to this NBS initiative‚ encryption had been largely the concern of military and intelligence organizations. The encryption algorithms‚ i.e.‚ the
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4Car carried out real-world fuel economy tests on eight low-emissions cars and all failed to meet the official figures. Three cars were as much as 10mpg short of the published fuel consumption rates. The tests examined the Golf Bluemotion‚ Skoda Fabia Greenline‚ Mini Cooper D‚ Honda Civic Hybrid‚ Toyota Aygo‚ Ford Focus Econetic‚ Fiat 500 1.2‚ BMW 118d‚ all of which are regarded as low emissions/fuel economy models. The Golf Bluemotion got closest to its official figures in the 4Car tests
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rested with the Consortium that developed it‚ and agreed that the Study would constitute a significant document and become the paramount reference to the Committee for information in developing and pursuing IMO’s strategy to limit and reduce GHG emissions from international shipping. The Marine Environment Protection Committee consists of all IMO Members and is mandated to consider any matter within the
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