Location: Yunnan Province and Nanchuan Province, China

Carbon Credit Program: Waste Energy Recovery in Phosphorous & Cement industries (WER-China)

Eco Global Markets is proudly offering clients an opportunity to purchase pre-issue Certified Emission Reductions being created by a waste energy recovery initiative in China. Located in the Yunnan and Nanchuan Provinces in China, the project is being run by Eco Global Markets partner Carbon 350 Limited. The initiative includes three CDMClean Development Mechanism - a mechanism for project-based emission reduction activities in developing countries (non-Annex B countries). Carbon credits (CERs) are generated from these projects. projects known as The Waste Energy Recovery in Phosphorus & Cement industries (WER-China).

This Eco Global Markets Carbon Project involves installing energy recovery devices into two factories in China. These technologies are effective in reducing emissions, and have previously been employed in the cement industry. The technology may also be applied to recover waste heat from chemical plants and convert it into steam and electricity, lowering the power drain.

The carbon project reduces greenhouse gasesGases in the earth’s atmosphere that absorb and re-emit infra-red radiation. These gases occur through natural and human-influenced processes. Carbon dioxideA naturally occurring gas and one of the most abundant greenhouse gases in the atmosphere. Carbon dioxide is also a by-product of industrial processes, burning fossil fuels and land use changes., methane, nitrous oxide, hydrofluorocarbons, perfluorocarbons, and sulphur hexafluoride are the 6 GHGs subject to emission reduction in the Kyoto Protocol. in the atmosphere, and as such will create Certified Emissions Reductions. These CERs are eligible for compliance under the European UnionEach allowance permits the holder to release one tonne of carbon allowance dioxide within the EU Emissions TradingA market-based approach to achieving environmental objectives that allows sources reducing emissions below their target to sell the excess reductions to offset emissions at another source. Scheme. Allowances are issued or sold to emitters by governments and must be surrendered annually to cover emissions during the past year. Emissions TradingA market-based approach to achieving environmental objectives that allows sources reducing emissions below their target to sell the excess reductions to offset emissions at another source. SchemeAn EU-wide ‘cap-and-trade’ system for reducing CO2, which commenced in January 2005. (EU ETSAn EU-wide ‘cap-and-trade’ system for reducing CO2, which commenced in January 2005.). Waste energy recovery is the process by which two-thirds of wasted energy is converted into usable heat energy or electricity. Energy recovery systems lower heat pollution and capture harmful pollutants. As the fastest growing economy I the world with a massive manufacturing sector, waste energy recovery processes are particularly important in China.

Heat Recovery Power Generation (HRPG) and Pure Waste Heat Recovery (PWHR) technologies, are widely used to recover waste heat emitted from the phosphorus plants, and convert this into usable steam and electricity. Accreditation of WER3 has begun under the Clean Development MechanismThe CDMClean Development Mechanism - a mechanism for project-based emission reduction activities in developing countries (non-Annex B countries). Carbon credits (CERs) are generated from these projects. is a mechanism for project-based emission reduction activities in developing countries (non-Annex B countriesThese are the emissions-capped countries listed in Annex B of the Kyoto ProtocolThe Kyoto Protocol originated at COP-3 to the UNFCCC in Kyoto, Japan, December 1997. It details emission obligations for Annex B countries and specifies the terms for JI, CDMClean Development Mechanism - a mechanism for project-based emission reduction activities in developing countries (non-Annex B countries). Carbon credits (CERs) are generated from these projects. and emissions tradingA market-based approach to achieving environmental objectives that allows sources reducing emissions below their target to sell the excess reductions to offset emissions at another source.. It entered into force on 16 February 2005.. Referred to in the Kyoto ProtocolThe Kyoto Protocol originated at COP-3 to the UNFCCC in Kyoto, Japan, December 1997. It details emission obligations for Annex B countries and specifies the terms for JI, CDMClean Development Mechanism - a mechanism for project-based emission reduction activities in developing countries (non-Annex B countries). Carbon credits (CERs) are generated from these projects. and emissions tradingA market-based approach to achieving environmental objectives that allows sources reducing emissions below their target to sell the excess reductions to offset emissions at another source.. It entered into force on 16 February 2005..). Carbon credits (CERs) are generated from these projects. of the Kyoto Project