Carbon credit international market at their current market price"”. There are two main markets for carbon credits; Compliance Market credits Secondary / Verified Market credits (VERs) The burning of fossil fuels is a major source of greenhouse gas emissions, especially for power, cement, steel, textile, fertilizer and many other industries which rely on fossil fuels (coal, electricity derived from coal, natural gas and oil). The major greenhouse gases emitted by these industries are carbon dioxide, methane, nitrous oxide, hydrofluorocarbons (HFCs), etc., all of which increase the atmosphere's ability to trap infrared energy and thus affect the climate. The concept of carbon credits
Coal gasification Coal gasification Coal gasification is the process of producing syngas–a mixture consisting primarily of carbon monoxide (CO), hydrogen (H), carbon dioxide (CO), methane (CH), and water vapour (HO)–from coal and water, air and/or oxygen. Historically, coal was gasified using early technology to produce coal gas (also known as "town gas"), which is a combustible gas traditionally used for municipal lighting and heating before the advent of industrial-scale production of natural gas. In current practice, large-scale instances of coal gasification are primarily for electricity generation, such as in integrated gasification combined cycle power plants, for production of chemical feedstocks, or for