During the question hour session in the National Assembly today, Energy and Natural Resources Minister Gem Tshering said that the Dagachu hydropower project has traded close to 800,000 Certified Emission Reduction, CER credits. He was responding to Mongar Constituency’s MP Naiten Wangchuk’s question on the government’s progress on carbon trading. CERs are carbon credits earned by emission-reduction projects in developing countries equivalent to one tonne of carbon dioxide. These credits can be sold to industrialised countries to meet their emission reduction targets.
