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
Underground coal gasification Underground coal gasification Underground coal gasification (UCG) is an industrial process which converts coal into product gas. UCG is an "in-situ" gasification process carried out in non-mined coal seams using injection of oxidants, and bringing the product gas to surface through production wells drilled from the surface. The predominant product gases are methane, hydrogen, carbon monoxide and carbon dioxide. Ratios vary depending upon formation pressure, depth of coal and oxidant balance. Gas output may be combusted for electricity production. Alternatively gas can be used to produce synthetic natural gas or hydrogen and carbon monoxide can be used as a chemical