Carbon Credits

The UN Clean Development Mechanism (CDM) and the Black Box Technology.
“In principle all technologies that reduce GHG emissions are eligible
under the CDM with the exception of nuclear power”.

Carbon Credits

Climate Cleanup has identified  Approved Methodologies (AM) under the UNFCCC Clean Development Mechanism in the Industry/Power and Transport sectors that appear to have a scope of applicability to The Black Box Technology.  The purpose is to explore existing AMs and show those which specifically have a scope that hold promise of possibly benefiting CDM Project Participants in
non-industrialized countries with the award of Carbon Credits by utilizing The Black Box Technology.

The following is an excerpt from a confidential research study conducted by Climate Cleanup which is not publicly available.

The purpose of the CDM is to reduce Anthropogenic (Man Made) GHG (Green House Gas) emissions.  CO2 is a major GHG emission, with the Industry/Power (50%) and Transport (18%) sectors accounting for 68% of all CO2 emissions. The Black Box Technology can reduce these CO2 emissions by treating waste gases from Flue Stacks (Chimneys) and vehicle exhaust Tail-pipes.

The United Nations Framework Convention on Climate Change (UNFCCC) body called the CDM Executive Board (EB) decides on the validity of the methodology for generating CERs (Certified Emission Reductions CERs, commonly known as carbon credits) of each project.  A prerequisite for a CDM project is that it must contribute to sustainable development in the host country. It is up to each host country government (not the UNFCCC) to decide and define their own definition of sustainable development.   The World Commission on Environment and Development (1987) defined sustainable development as development that meets the needs of the present without compromising the ability of future generations to meet their own needs.

For a project to be registered by the CDM EB (Clean Development Mechanism Executive Board) needs to utilize an Approved Baseline and Monitoring Methodology (AM).  If a project is registered and implemented, the EB issues credits, called Certified Emission Reductions (CERs, commonly known as carbon credits, where each unit is equivalent to the reduction of metric tonne of CO2e, e.g. CO2 or its equivalent), to project participants based on the monitored difference between the baseline and the actual emissions, verified by the DOE (Department Of Energy). So far, Carbon Credits have traded between Euro 20 and Euro 50 per tonne.

CDM Project Baseline Methodology

Emissions from different pollutant sources interact in the atmosphere and cause a variety of health and environmental impacts at the local, regional and global level. Air pollutants directly cause health and environmental impacts while GHGs (CO2) contribute to climate change which has indirect effects on human health and the environment.

Our Black Box Is A High Technology Application

For further information about the issuance of Carbon Credits got to the UNFCCC website – click here