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{
    "id": 1283073,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1283073/?format=api",
    "text_counter": 90,
    "type": "speech",
    "speaker_name": "Sen. Chute",
    "speaker_title": "",
    "speaker": {
        "id": 13583,
        "legal_name": "Chute Mohamed Said",
        "slug": "chute-mohamed-said"
    },
    "content": "Carbon credits are today worth $80 dollars, equivalent to 1000 kgs of emissions of carbon dioxide. Carbon credits are the difference between carbon emission and the allowed actual-emitted carbon. There are two types of carbon credits. The first one is for those people who emit or pollute our environment. This is a way of being punished by being given hefty fees or penalties to pay. The second one is for those who are reducing carbon credits or emissions. All these are called carbon credits. Mr. Speaker, Sir, in Marsabit County we have the Northern Rangeland Trust (NRT) who are discounting the carbon credits. I brought a Statement before this House about three months ago regarding regulations on carbon credits, which are being paid by NRT. My questions were firstly on how much money they were getting from discounting our emissions or credits. The second question was on who was paying these credits. The third one was on which brokerage firm was discounting these credits. However, we did not get all the answers. Mr. Speaker, Sir, I am happy that this Bill is before us today. Clause 4 and Clause 6(2A) and (2B) are clear that there will be regulations in place and in this, we are going to get what is rightfully ours. Today, I am happy again, because it talks about local communities. In Marsabit, the Lake Turkana Wind Power generates wind or electricity from a place called Sabima. It is a small place where the people of Turkana origin live. With these regulations, those people will get what is rightfully theirs. The ward administrators will be gaining something out of this as they will be in charge of sections. Constituencies and counties will also be in charge Mr. Speaker, Sir, I support this Bill because it affects our people in Marsabit. The regulations were not in place."
}