Carbon Credit

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Details

Carbon credits are a key component of national and international attempts to mitigate the growth in concentrations of greenhouse gases (GHGs). One Carbon Credit is equal to one ton of Carbon. Carbon trading is an application of an emissions trading approach. Greenhouse gas emissions are capped and then markets are used to allocate the emissions among the group of regulated sources. The idea is to allow market mechanisms to drive industrial and commercial processes in the direction of low emissions or less "carbon intensive" approaches than are used when there is no cost to emitting carbon dioxide and other GHGs into the atmosphere. Since GHG mitigation projects generate credits, this approach can be used to finance carbon reduction schemes between trading partners and around the world. There are also many companies that sell carbon credits to commercial and individual customers who are interested in lowering their carbon footprint on a voluntary basis. These carbon offsetters purchase the credits from an investment fund or a carbon development company that has aggregated the credits from individual projects.

Weitere Informationen

  • Allgemeine Informationen
    • GTIN 09786130222413
    • Genre Technik
    • Editor Frederic P. Miller, Agnes F. Vandome, John McBrewster
    • Sprache Englisch
    • Anzahl Seiten 132
    • Herausgeber Alphascript Publishing
    • Größe H220mm x B150mm x T8mm
    • Jahr 2009
    • EAN 9786130222413
    • Format Fachbuch
    • ISBN 978-613-0-22241-3
    • Titel Carbon Credit
    • Untertitel Greenhouse gas, Emissions trading, Carbon dioxide, Carbon project, Carbon footprint, Carbon offset, Clean Development Mechanism, Biosequestration
    • Gewicht 213g

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