Impact of Clean Development Mechanism on Eco-friendly Energy Recovery Technology

AbstractWith rapid increase in industries, the demand for energy and electricity production increased drastically which lead to socio-economic and environmental problems. Among these, majorly concerned are greenhouse gas emissions (GHG) and the cost involved for setting up a new energy generating projects. In this paper potential for limiting greenhouse gas emissions and the cost-effectiveness of energy project is analyzed using ACM0012 methodology under Clean Development Mechanism (CDM) of Kyoto Protocol. This is mainly achieved by limiting the use of excessive available resources and by using available carbon rich waste fuels for energy generation in industrial sector. Implementation of such industrial energy recovery technologies (ERT) under CDM will helps in achieving the payback periods in a short span of time