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Social Implications of Carbon Credit Trading—A Case Study

In: Emerging Challenges in Business, Optimization, Technology, and Industry

Author

Listed:
  • Satyendra Arya

    (TMIMT, Teerthanker Mahaveer University)

  • Ajay K. Garg

    (Fairleigh Dickinson University)

  • Rakesh K. Mudgal

    (Teerthanker Mahaveer University)

Abstract

Carbon credits’ trading is an emerging concept from which several organizations start earning financial and social status. The Climate change is the greatest challenge threatening the survival of humanity itself because of its malpractice and release of toxic gases resulting in pollution of ecological endowments caused by human behavior in pursuit of economic motives. This research paper will examine the conditions leading to the climate change and the issues which are directly or indirectly related to the carbon credits trading and its relevance in society. The basic concept of Carbon Credits Trading is generated from Kyoto Protocol and is basically used to control the greenhouse gas emissions. This research paper will be based on a case study on a training session conducted by a reputed university and it will show the calculation of carbon credits trading relevant for economic and social growth.

Suggested Citation

  • Satyendra Arya & Ajay K. Garg & Rakesh K. Mudgal, 2018. "Social Implications of Carbon Credit Trading—A Case Study," Springer Proceedings in Business and Economics, in: Lotfi Tadj & Ajay K. Garg (ed.), Emerging Challenges in Business, Optimization, Technology, and Industry, pages 145-151, Springer.
    • Handle: RePEc:spr:prbchp:978-3-319-58589-5_10
    DOI: 10.1007/978-3-319-58589-5_10
    as

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