The voluntary carbon creditby Ileana Oprea Consultant
A carbon credit is a permit or certificate representing the right to emit one tonne of carbon dioxide. In other words, a carbon credit is a permit that allows the holder to emit one tonne of carbon di Recommended Features
- possibly less complex, expensive, and time-consuming to implement. This advantage is especially great when applied to marketallows for more centralized handling of s like gasoline or home heating oil.
- perhaps some reduced risk of certain types of cheating, though under both credits and taxes, emissions must be verified.
- reduced incentives for companies to delay efficiency improvements prior to the establishment of the baseline if credits are distributed in proportion to past emissions.
- when credits are grandfathered, this puts new or growing companies at a disadvantage relative to more established companies.
- allows for more centralized handling of acquired gains
Review on The voluntary carbon creditA carbon credit is a permit or certificate representing the right to emit one tonne of carbon dioxide. In other words, a carbon credit is a permit that allows the holder to emit one tonne of carbon dioxide simply because the seller (country or enterprise) has made an effort to reduce carbon dioxide emissions by one tonne.
Carbon credits are becoming increasingly popular in the fight against climate change and the reduction of greenhouse gas (GHG) emissions. The volume of trading in carbon credits is increasing, so much so that many analysts believe carbon credits will become the worlds single biggest commodity group within the next decade.
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Carbon Trading Simplified
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This short video lucidly explains concepts such as carbon financing, carbon offsetting, and carbon credits trading.
Created on Mar 3rd 2012 16:35. Viewed 1,701 times.