Tuesday, January 19, 2010

Carbon Caliphs - Carbon Credits Game

With the Kyoto Protocol set to expire in 2012, the world is looking with anxiousness towards the next cap to be set on carbon emissions. In the past two decades, emissions of green houses gasses, has gone from just being a peripheral concern of civil society and a few scientists, to global movements demanding that the world’s leaders control the insatiable hunger of fossil fuels and put a leash on rampant industrialization eating into earth’s forests. Today however, we see that not only has global warming claimed a prime position in the political consciousness of countries but has become a new avenue of growth and revenue for capitalists, industrialists and budget crunched governments.

While the Kyoto Protocol was a start, the world is now bracing for tougher norms on carbon emissions and hence higher carbon credit prices. The world has seen regular upheavals in this nascent market and various policy changes towards global warming, due to various extraneous changes. Carbon Caliphs has been conceptualized keeping in mind the need for fresh and innovative approaches as well as the ability to develop strategies to sudden unforeseen developments. Participants of Carbon Caliphs have to develop strategies for
1. A construction company
2. A local government
3. A Green tech startup
4. An NGO

The competition will be spread over 5 hours, where every 1 hour new stipulations will be given to the participants regarding developments in the external political, social, economic and geo-political environment. At the end of the 5 hours participants will have to showcase their strategies undertaken each hour and their solutions. The participants will be judged on the basis of their innovation, resource allocation, goals, realistic approach etc.

First Prize – Rs. 20,000
Second Prize – Rs. 10,000

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