Understanding Net Zero Value Chain 03072024.pdf

Carbon Net zero value chain

1. UNDERSTANDING
THE CARBON NETZERO
VALUE CHAIN
FACULTY DEVELOPMENT WORKSHOP BY MPSTME
3
RD
JULY 2024
PRASHANT KOKIL,
FORMER CORPORATE HEAD (ENV,CC & CSO), TATA POWER

2. WHAT IS CARBON NET ZERO
WhateverActivityyouconsiderithasDirector
IndirectCarbonEmissionassociatedwithit.
NetZeroisaconceptwherewemakethiscarbon
emissionzero.
Withoutstoppingtheactivity
LETUSSEEHOWITISPOSSIBLE

3. UNDERSTANDING CARBON EMISSIONS
ComputationofCarbonEmissionisknownasCarbonFootprint.
Aspercurrentpractices,itisdividedinthreecategories
ThedirectEmissionsassociatedwiththeactivityareknownas
“SCOPE1EMISSIONS”
Thesecondaryemissionsassociatedwiththeactivityare
knownas“SCOPE2EMISSIONS”
Indirectemissionsassociatedwiththeactivityareknownas
“SCOPE3EMISSIONS”
TotalofScope1,2&3isreportedasCarbonFootprintasTons
ofCO2Equivalent.
ReportedasAbsolutevalueorValue/ProductionUnitor
Value/Investment

4. THE VALUE CHAIN ELEMENTS
1.COMPUTATION OF REASONABLY ACCURATE CARBON
FOOTPRINT
2.POSSIBILITY OF ELEMINATION
3.POSSIBILITY OF REDUCTION
4.POSSIBILITY REPLACEMENNT
5.POSSIBILITY OF RECYCLING
6.NEW CARBON FOOTPRINT AFTER DEPLOYMENT OF
STEPS 1 TO 5 ABOVE
7.CARBON CAPTURE AND SEQUESTRATION
8.CARBON OFSETS
9.CARBON TRADING

5. COMPUTATION OF REASONABLY ACCURATE
CARBON FOOTPRINT
Decide the boundary of activity for computation
List and quantify all the Emissions of Green House Gases
(GHGs)
Calculate CO2 Equivalent of all the GHGs as per their Global
Warming Potential.
Add and arrive at Total Carbon Footprint
Actual Numbers or Pre-defined factors can be used for
calculations

6. ELEMINATION OF CARBON
Checkoutifitispossibletoeliminateuseof
GHGs
Checkoutpossibilityofeliminationofraw
materialcausingGHGsemissionsduringthe
process/activity.

7. REDUCTION OF CARBON
CheckiftheProcessEfficienciesareOptimized
AssessandAnalyzedeficienciesforpossible
correctionanditsfinancialimpact.
Eliminate/MinimizeProcessWastes

8. REPLACEMENT OF CARBON
Check Possibilities of right sourcing of materials
Switching to Non-Carbon Materials
Changing Processes
Using Renewable Resources

9. RECYCLING OF CARBON
UseRenewableResources
PuttingBackintothesource(EOR,Plantation,
AlgaeFarming)
UsingModifiedChemicalProcesses(Manufacture
ofWashingSoda/BakingPowder

10. CARBON CAPTURE AND SEQUESTRATION
ItisPossiblethatdespitealltheaboveefforts
therewillbeResidualCarbonFootprint
Toaddressthesame,weneedtoCaptureCarbon
CapturemeanschangingPhysicalformsor
properties,ConcentrationtoamoreConvenient
Level
SequestrationMeansconfiningand/orconcealing
Carboninsuchamannerthatitcannotcontribute
toGlobalWarming

11. CARBON OFFSETS
WHENYOUROWNCARBONFOOTPRINTHASREACHEDA
MINIMUM POSSIBLELEVELAND OPTIONS OF
SEQUESTRATION ARENOTAVAILABLE,YOUCAN
CONTRIBUTETOCARBONREDUCTIONSTHROUGHOTHER
INITIATVES/ACTIVITIES/INTERVENTIONS.
SuchreductionsarecalledasCarbonOffsets.
ItisnecessarytofulfillAdditionalityCriteriaforqualifying
thecarbonreductionsforCarbonOffsets.

12. CARBON TRADING
ManyInitiativescausecarbonreductionsin
quantitiesmorethanwhatisrequiredforNet
ZeroAmbitions.
AMarketiscreatedtotradesuchextraavailable
reductionquantities.
SuchreductionsarecalledasCarbonCredits.
Apersonwhoneedstoreducehis/herfootprint
canbuyCarbonCreditsfromtheMarket.

13. GOING NET ZERO
DESPITETHEBESTPOSSIBLEEFFORTS,SOMETIMESITISNOT
POSSIBLETOGOTOZEROCARBONEMISSIONS.
IN SUCH CASES OPTIONS OF CARBON CAPTURE AND
SEQUESTRATION, CARBON OFSETS, CARBON TRADING ARE USED
FOR REACHING NET ZERO STATE
TECHNOLOGY VIABILITY AND ECONOMIC FEASIBILITY ARE
CRITICAL FACTORS
WE ARE NOT MATURED AND READY TO GO NET ZERO
HENCE, WE SEEK TIME.
INDIA HAS DECLARED ITS CARBON NET ZERO YEAR AS 2070.
ALL ENTITIES HAVE TO BECOME CARBON NET ZERO BEFORE 2070.

14. HOW DO WE GET THERE
BYEXECUTINGALLTHESTEPSOFTHEVALUECHAIN
TAKING INDIVIDUAL STEPS TOWARDS NET ZERO CARBON
PROMOTING PRODUCTS WITH LEAST CARBON FOOTPRINT
BY CONDUCTING HONEST ACCOUNTING

15. ANY QUESTIONS?

16. THANK YOU FOR YOUR PARTICIPATION
AND
ATTENTION THROUGHOUT THE SESSION
PRASHANT KOKIL
E-mail: [email protected]
Mobile: [phone]