Estimation of carbon credits of fishing boat diesel engine running on diesel-ethanol-bio-diesel blends with nano alumina doped ceria-zirconia

Carbon credits are a tradable permit scheme under United Nations Framework Convention for Climate Change (UNFCCC) which gives the owner the right to emit one metric tonne of carbon-dioxide equivalent. They provide an efficient mechanism to reduce the greenhouse gas emissions by monetizing the reduction in emissions. This reduction in emissions of fishing boat diesel engine such as CO, CO2 and NOX from the values of diesel was converted into carbon credits for diesel-ethanol-bio-diesel blends with nano additives. These blends with nano additives such as alumina doped ceria-zirconia provides an excellent opportunity for mitigation of Green House Gas (GHG) emission and reducing global warming for fishing boat diesel engines. A study was undertaken to calculate Global Warming Mitigation Potential (GMP) and thereby earning carbon credit from running the engine using diesel-ethanol-bio-diesel blends with nano additives. The reduction in global warming should encourage policy makers to promote ethanol to combat climate change and integration of carbon revenues will help the fishing industry. The study reveals that, carbon credits were estimated as Rs 72626.42 per tCO(2) for the blends with nano additives as per the norms of the Kyoto protocol. (C) 2019 Elsevier Ltd. All rights reserved.