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Carbon credits are a key component of national and international attempts to mitigate the growth in concentrations of Greenhouse Gases (GHGs). Carbon trading is an application of an emissions trading (Emissions trading is an administrative approach used to control pollution by providing economic incentives for achieving reductions in the emissions of pollutants 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 CO2 and other GHGs into the atmosphere.
Carbon Credits Seminar Report
Page Length : 25
- Clean Development Mechanism (CDM)
- Emission Allowances
- KYOTO Protocol
- Financing Impact
- CDM Project Cycle
- Kyoto’s ‘Flexible mechanisms’
- Emission Markets
- Benefits of Carbon Credits:
- How do carbon credits save the planet?
- Additionality and its Importance