| http-equiv="Content-Type" content="text/html; | | | | carbon dioxide to oxygen. A Carbon Credit is a |
| charset=utf-8"> | | | | type of carbon offset that is a part of the |
| A Carbon Credit is a type of carbon offset that is | | | | international emission trading schemes... It offers |
| a part of the international emission trading | | | | one of the best ways to minimize the effects of |
| schemes... It offers one of the best ways to | | | | greenhouse emissions on industrial scale. This is |
| minimize the effects of greenhouse emissions on | | | | done by capping the entire annual emissions and |
| industrial scale. This is done by capping the entire | | | | allowing the market to allocate a monetary value |
| annual emissions and allowing the market to | | | | through trading the shortfall. These Carbon Credits |
| allocate a monetary value through trading the | | | | can be exchanged among different businesses |
| shortfall. These Carbon Credits can be exchanged | | | | and purchased or sold in the international markets |
| among different businesses and purchased or sold | | | | at an existing market price. China and India are |
| in the international markets at an existing market | | | | the biggest sellers; whereas Europe is the biggest |
| price. China and India are the biggest sellers; | | | | buyers of Carbon Credits. |
| whereas Europe is the biggest buyers of Carbon | | | | One Carbon Credit is equivalent to one ton of |
| Credits. | | | | carbon dioxide gas (Co2) or its equivalent |
| One Carbon Credit is equivalent to one ton of | | | | greenhouse gas. Different enterprises generate |
| carbon dioxide gas (Co2) or its equivalent | | | | Carbon Credits in order to shift the world |
| greenhouse gas. Different enterprises generate | | | | towards cleaner technologies and thus, save on |
| Carbon Credits in order to shift the world | | | | energy consumption. This eventually minimizes the |
| towards cleaner technologies and thus, save on | | | | emissions of the greenhouse gas. For every ton |
| energy consumption. This eventually minimizes the | | | | of Co2 gas emission avoided, the individual will |
| emissions of the greenhouse gas. For every ton | | | | receive a carbon emission certificate. This |
| of Co2 gas emission avoided, the individual will | | | | certificate can be sold either immediately or |
| receive a carbon emission certificate. This | | | | through futures market by the entity similarly like |
| certificate can be sold either immediately or | | | | any other commodity. |
| through futures market by the entity similarly like | | | | The theory of Carbon Credits came into |
| any other commodity. | | | | subsistence as an outcome of growing awareness |
| The theory of Carbon Credits came into | | | | for the need to control emissions. Purchasing the |
| subsistence as an outcome of growing awareness | | | | Carbon Credits plays a vital role in reducing the |
| for the need to control emissions. Purchasing the | | | | emissions. They generate a marketplace to |
| Carbon Credits plays a vital role in reducing the | | | | decrease the greenhouse emissions by offering |
| emissions. They generate a marketplace to | | | | economical value to the cost of air pollution. For |
| decrease the greenhouse emissions by offering | | | | example, a factory gives 100,000 tones of |
| economical value to the cost of air pollution. For | | | | greenhouse emissions annually. This is illegal and so |
| example, a factory gives 100,000 tones of | | | | the factory gets a quotation of reducing its |
| greenhouse emissions annually. This is illegal and so | | | | emissions by up to 80,000 in a year. So, there |
| the factory gets a quotation of reducing its | | | | are two options for this factory it can either |
| emissions by up to 80,000 in a year. So, there | | | | decrease its emissions or buy Carbon Credits to |
| are two options for this factory it can either | | | | equalize for the excess. It will preferably purchase |
| decrease its emissions or buy Carbon Credits to | | | | Carbon Credits in the open market form various |
| equalize for the excess. It will preferably purchase | | | | organizations that have gained approval to sell |
| Carbon Credits in the open market form various | | | | legal Carbon Credits. |
| organizations that have gained approval to sell | | | | These certified Carbon Credits help the companies |
| legal Carbon Credits. | | | | to get better ideas on carbon emission and ways |
| These certified Carbon Credits help the companies | | | | of reducing it through certified Carbon Credits. |
| to get better ideas on carbon emission and ways | | | | This will encourage the companies ot purchase |
| of reducing it through certified Carbon Credits. | | | | other products that are environment friendly and |
| This will encourage the companies ot purchase | | | | will help in energy conservation. Carbon Credits |
| other products that are environment friendly and | | | | also help in the promotion of planting more trees |
| will help in energy conservation. Carbon Credits | | | | throughout the world. This will give more access |
| also help in the promotion of planting more trees | | | | to oxygen as trees bring about the conversion of |
| throughout the world. This will give more access | | | | carbon dioxide to oxygen. |
| to oxygen as trees bring about the conversion of | | | | |