Quote:
Originally Posted by kutulu
....The way Kyoto works for us is that anyone can implement real emissions controls and estimate the net reduction in terms of carbon equivalent. They get carbon credits that can be sold to other nations...
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We sell a small temperature control valve that we manufacture to a European company whose business plan is to manufacture a water purifying device that requires no external power source and is very simple and very cheap and thus can be widely used in third-world countries where availability of clean drinking water is a huge problem and threat to human life/health; and because of how the device works, the company obtains carbon credits via the Kyoto Protocol for each one they put into use, and to me the most interesting part of the business plan is that the credits are profitable enough that they can give away the water purification device for free. Sounds too good to be true so I still have some doubts, but that's the plan.
Until reading this thread, I had no idea that "people on the street" could buy or deal in carbon credits. I'll have to get more informed on this aspect of the scheme.