Journal of Environmental Research

Industrialists awareness and attitude towards carbon trading and its perception and impact on the environment in Tamil Nadu, India

Joint Event on 5^th International Conference on Pollution Control and Sustainable Environment & 10^th Edition of International Conference on Water: Pollution, Treatment & Research
March 14-16, 2019 London, UK

P R Venkadesh and Ganapathi

Saif Bin Darwish, UAE

Posters & Accepted Abstracts: J Environ Res

Abstract

Today, there are many organizations that are actively involved in buying and selling of carbon credits to different third party companies. In fact, when trading within the carbon markets are carried out in are rapid rate today. Everyone is possibly aware of the harmful impact of greenhouse emission which in turn is creating a significant impact on the environment. This is the reason why buying and selling of different materials within the carbon market that are responsible for the development of carbon can significantly reduce the impact on the environment. In the recent times, these trading activities are considered to be one of the best ways through which the environment can be saved. This is a regulation that has been adopted by the government, and currently, there are also many private organizations that are actively involved into this trading. There are particular carbon developing companies within the carbon market where trading can be carried out. These trading are largely beneficial for any organization, because these organizations receive huge incentives for involvement in buying and selling of carbon credits. The concept of this kind of trading is huge but simple. Therefore, if this step can be implemented properly, it will definitely help to make a great move, and thereby save the world from the harmful consequences of emissions. Therefore, the different stakeholders are associated with an organization they can also get involved in buying and selling of carbon credits from different companies, which in turn, will increase the allowance for carbon emission. The process of trading in this case is quite similar to buying and selling of stocks in the share market. Therefore, it is very essential to select a very good company, whereby carbon credits can be traded. All the modern businesses are profit oriented rather than consumer oriented. Due to the industrial and technological development, people started to forget the safety of the environment. More volume of chemicals and ingredients are being used by almost all business which are heavily affecting the environment. Sometimes these materials may cause the death of many innocent people who are consuming bad smell and heavy volume of carbon dioxide gas evaporation from them. Due to the problems in the environment even the younger face problems from serious diseases. This is the serious issue faced by all the people in all parts of the country. The industrialist’s awareness about carbon trading was analyzed and the results are presented.