Drishtikon: A Management Journal

Parinita Rastogi ¹, Nandita Sharma ¹

Affiliations
1 Associate Professor, Teerthanker Mahaveer University Moradabad.

Abstract

In current scenario employees plays a very important role in the success of the organization. Without employees the organization can not achieve the profitability. Now a day it is very necessary to satisfy the employees, so that they can work enthusiastically. If the organization is unable to satisfy the employees, they use strike as a very powerful weapon to get their demands accepted. It generally involves quitting of work by a group of workers for the purpose of bringing the pressure on their employer so that their demands get accepted. When workers collectively cease to work in a particular industry, they are said to be on strike. But strike negatively affects the organization as well employees.

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Yuvika Gupta ¹, Nandita Sharma ²

Affiliations
1 College of Management and Computer Applications,Teerthanker Mahaveer University,Moradabad
2 College of Management and Computer Applications, Teerthankar Mahaveer University, Moradabad.

Abstract

As terrorism is threatening the life of humanity, same way, human nature is terrorizing the whole ecology, not only polluting the air we breathe but reaching higher and puncturing the ozone layer. Countries that blatantly pollute the environment must be held liable to at least repair the damage caused by their actions. The Kyoto Protocol decided that, developed countries should pay for their wild ways with emissions while at the same time monetarily rewarding countries with good behavior in this regard. Since developing countries can start with clean technologies, they will be rewarded by those stuck with 'dirty' ones. This is what makes trading in carbon credits such a great business opportunity. Foreign companies which cannot fulfill the protocol norms can buy the surplus credit from companies in other countries. This leads to a flourishing trade in Credit Emission Reduction (CER). In this paper we will study how India being one of the developing countries has ratified the Kyoto Protocol and is emerging as one of the leading Carbon traders.

Keywords

Kyoto Protocol, Credit Emission Reduction, Carbon Trading, Carbon Credit, Clean Development Mechanism

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