Context :
Govt plans to open National
Carbon Market this year / Business Line
/ 29 Jan 2022
Extract :
The Power Ministry is planning to launch the National Carbon Market in the country during the
current calendar year as it aims to promote CLEAN ENERGY TECHNOLOGIES on a
large scale , thereby aiding in reducing greenhouse gas ( GHG ) / CO2 emissions
by 1 billion tons by 2030
The Bureau of Energy Efficiency
( BEE ) has been mandated by the Government to
develop the market
BEE’s governing council
deliberated on five key strategies to reduce
carbon emissions by 2030, which include :
# Implementing
mission ROSHANEE aggressively
# Empowering
States to accelerate Energy Efficiency ( EE ) policies
# Enhancing cooperation
among Ministries
# Extensive
participation by Consumer and
Private Sector
# Scaling up EE
financing and investment
Carbon Markets have proved
successful in reducing GHG emissions by ,
# Setting a
limit on emissions, and
# Enabling their
trading
Trading allows entities that can reduce emissions at
LOWER COST to be paid to do so by higher-cost emitter, thus lowering the economic
cost of reducing emissions
In October 2021, Singh had announced the proposal
for a National Carbon Market with an objective
to involve Corporate and Private Sectors towards Energy Savings and Carbon
Emission reductions
Congratulations, Shri R K Singhji,
Without doubt, launch of National
Carbon Market is long overdue
Especially heartening is your emphasis on :
“ Extensive participation by
Consumer and Private Sector
“
In India, we have close to
290 million households.
Following are my
suggestions ( sent to you earlier ) for, not only creating an AWARENESS among
them but also getting them to ACTIVELY ENGAGE , in reducing their CARBON
FOOTPRINT :
[
A ] Carbon
Finance through Carbon Credits…………. { 12 Mar 2021 }
Extract :
Here
is a partial list of domestic appliances which consume electricity ( apart from LED bulbs )
:
TV
sets – Refrigerators – Air Conditioners – Fans – Deep Freezers – Ovens –
Electric Stoves – Mixers – Computers – Cloths Washing Machines – Dish Washers –
Radios – Tablets – Robotic Floor Sweepers – Massagers – etc
Ø By 2030, all of these must be made “ Energy Efficient Appliances “ ,
certified by Bureau of Energy
Ø Just as was done in respect of ICE vehicles ( BS IV > BS VI
compliance ), all electric Appliance
mandated to switch over to manufacture of only BEE certified
appliances in 4 phases ( April 2022 – 24 – 26- 28 )
Ø Each such appliance MUST be pre-installed / integrated
with SENSORS which
will continuously monitor its,
# State
of Usage ( ON or OFF )
# Rate
of Consumption of electricity ( Units )
These INTERNET-CONNECTED appliances will
continuously relay / transmit these data to the SMART ELECTRIC METER installed
in each home
In
turn, each SMART METER will relay / transmit to concerned DISCOM ( and to any
other specified govt agency servers ), such usage
/ consumption data, through Internet ( IoT / Internet
of Everything ).
These
data-transfer will be separate for EACH
INDIVIDUAL APPLIANCE
This
will enable DISCOM / concerned Agencies, to know / monitor, IN-EFFICIENT appliances,
operating above the CERTIFIED THRESHOLD for each type of appliance
Appliances
operating “ above “ the threshold, will be assigned / allotted “ CARBON DEBITS “
, whereas those operating “ below “ the threshold, will be assigned “
CARBON CREDITS “
If
the NET of these two is POSITIVE ( + ), that home will be incentivized by a
lower tariff – and vice-versa
This
model ( of INCENTIVIZATION ) must be further strengthened by measuring the
amount of ROOF TOP Solar Power , flowing into the SMART METER , with
appropriate linkages to CARBON CREDIT
This
linkage will motivate a large number of households to install ROOF TOP solar
panels
This
scheme will enable us to take the CARBON MARKET / CARBON CREDIT / CARBON FINANCE concept,
right inside our 290 MILLION households !
Ø All manufacturers of House-hold Electric Meters must be told to
manufacture only SMART ELECTRIC
Ø All DISCOMS to replace existing meters in each and every home,
with a SMART METER, by April 2024
This
is only a CONCEPTUAL FRAMEWORK whose details are not difficult to work out
[ B ] Vehicle
Charger cum Carbon Creditor ? ……………[ 28 May 2021 ]
Extract :
While continuing with FAME II, I strongly
urge the Govt to consider giving CARBON CREDITS to EV 2-Wheelers, which
use the above-mentioned CHARGING DEVICE
============================================
[ C ]
Making Yourself
Obsolete ? ………………………………[ 14 Feb 2016 ]
Extract :
For taxis /
rickshaws running on Hybrid fuel ( producing less Co2 )
or Electric Vehicles ( zero emission ),
will get " Carbon Credits "
- which will also get displayed on the DigiMet as also
on the FareCalc Mobile App on the smart phone of the passenger
( @ 20 % of the fare payable ? )
These amounts will get transferred to their respective Jan Dhan Bank Accounts ( thru DTB ) , every quarter
=============================================
[ D ] PIYUSH PLAN ?
………………………………………………[ 27 Mar 2016 ]
Extract :
manufactured
Benefit ( DTB ) to electric car
monthly dispatches of each model and then transfer these
amounts from EVFF ,
======================================
[ E ] Vehicle
Scrapping Policy ……………………………….[ 03 Feb 2021 ]
Extract :
If govt does not have money for paying INCENTIVE, will it
consider motivating old-car owners by crediting into
their JAN DHAN Accounts certain number of CARBON CREDITS ( like crypto-currency ? ) and launch VEHICLE
The number of Carbon Credit will
depend upon Age/type of OLD car and those of REPLACEMENT car
With regards,
Hemen Parekh
/ hcp@RecruitGuru.com / 29 Jan 2022
Related Readings :
Google points
the
Way ……………….[ 01 Apr 2021 ]
Treading
( gently ) on Solar Power Trading ………………[ 18 Oct 2021 ]
Market-based
Model for Renewable Energy………………[ 09 June 2021 ]
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