Sentences with phrase «destroying waste gas»

Destroying the waste gas is cheap and simple, but it is hard to know exactly how much any one company has earned from doing so, since the market price for carbon credits has varied considerably with demand — from about $ 9 to nearly $ 40 per credit — and they can be sold at a discount through futures contracts.

The United Nations, recognizing the temptation for companies to jump into the lucrative business, has refused since 2007 to award carbon credits to any new factories destroying the waste gas.

In India, coolant plants received about half of the United Nations carbon credits awarded to companies in that country, for destroying their waste gas, during the system's first five years.

As a result, many environmental experts fear that if manufacturers are not paid to destroy the waste gas, they will simply resume releasing it into the atmosphere.

And even as the economics shift, one big environmental question remains: Without some form of inducement, will companies like Gujarat Fluorochemicals continue to destroy the waste gas HFC - 23?

Not exact matches

Paying firms to destroy a potent greenhouse gas sounds like a good way to help combat global warming, but a coalition of outside groups says these companies are deliberately producing more of the waste just to earn offset credits

But Wara discovered that offset sales from destruction of the gas were far more lucrative than the sale of the refrigerant responsible for creating the pollutant in the first place, giving factories a perverse incentive to produce as much waste as possible and then create projects that sell offsets to destroy it.

The waste systems might be designed to destroy 97 percent of the gas, but that is under perfect conditions.

In such a scenario, our report shows the wrong investments, just in the oil & gas sector could not only waste but destroy # 2.3 trn, financing emissions along the way instead of the low carbon transition.

There is real concern that refrigerant producers might manufacture waste gases just so they can destroy them and claim these as emissions reductions through the CDM.

These projects capture, destroy or reduce harmful greenhouse gases emitted from sources such as animal waste, landfills, fossil fuel use or refrigerants.

«You have destroyed nature with your industrial waste and gases more than any other nation in history.