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
Carbon dioxide reforming Carbon dioxide reforming Carbon dioxide reformation (also known as dry reformation) is a method of producing synthesis gas (mixtures of hydrogen and carbon monoxide) from the reaction of carbon dioxide with hydrocarbons such as methane. Synthesis gas is conventionally produced via the steam reforming reaction. In recent years, increased concerns on the contribution of greenhouse gases to global warming have increased interest in the replacement of steam as reactant with carbon dioxide. The dry reforming reaction may be represented by: Thus, two greenhouse gases are consumed and useful chemical building blocks, hydrogen and carbon monoxide, are produced. A challenge to