Are you going for a second car ?... think !
The public wealth (or savings) is grossly stored in unproductive ways. What is meant by ‘unproductive’ is that wealth not being utilized for generating more food or water or energy. It is lying in equity share markets, Fixed Deposits and Gold. To make it productive some government legislation or incentives may be necessary. Now in Karnataka every newly built house should mandatorily install a solar water heater.
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Basis 12000 Km/ year
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The car : what I desired
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The car I bought + 2KW Solar
panel
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Investment requirement
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Rs 7.8 lakhs
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3.1 Lakhs+ 2.7 Lakhs= 5.8
Lakhs
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Petrol consumption
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667 lit (18 lit/km)
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521 Lit ( 23 lit/km)
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Contribution to GHG#
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1600 Kg CO2
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1250 Kg CO2
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Power saving ( per year)
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Nil (-2555 kwh from grid)
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2555 kwh
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GHG by use of electricity
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5360 Kg CO2
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- 5360 Kg of CO2**
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Net GHG generation
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6960CO2
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-5710 (6960-1250)
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#
Every litre of petrol
releases 2.4 Kg of CO2
in to atmosphere
**Every kwh power generation through
thermal power releases 2.1 Kg of CO2
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In other words I contribute directly a Carbon Credit of 5.7 tons per year which can also be a basis for incentive calculation.





