Posts Tagged ‘kyoto protocol’
Carbon Trading
Carbon trading was born from the need to reduce greenhouse gas emissions, and has become increasingly popular around the world in recent years. Carbon trading is basically the trading of carbon credits in which each unit of credit allows the buyer to release one tonne of carbon dioxide and other greenhouse gases into the atmosphere. Carbon trading is basically the trading of carbon credits in which each unit of credit allows the buyer to release one tonne of carbon dioxide and other greenhouse gases into the air, and it is the basic principle that governs trade system cap-and-trade formulated in the Kyoto Protocol.
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- basic principles behind carbon credit trading
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