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What are carbon credits?

Updated: 8/23/2023
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13y ago

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Carbon credits as defined by Kyoto protocol are one metric ton of carbon emitted by the burning of fossil fuels.

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16y ago
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13y ago

A permit that allows the holder to emit one ton of carbon dioxide

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Q: What are carbon credits?
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Yes,the companies which are under Clean Development Management can avail carbon credits....


How do you get carbon credits?

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What is the difference between carbon credits and Certified emissions rate?

Certified emission rates are a limit on the amount of emissions a company can release into the atmosphere within a given time frame. It is a cap on the emissions itself.Carbon credits looks more at the net carbon emissions. There are companies that plant trees, which reduce the amount of carbon in the air. For their good deeds, they get carbon credits, which they sell to companies that emit carbon. The carbon credits work to offset the actual amount of emissions a company puts out.Note that carbon credits cancel out the emissions, but don't lower emissions at all, unlike a cap on emission rates.


What is the currences of China?

Carbon credits and the Renminbi. The Carbon credit is far more valuable though.


How is the Kyoto protocol enforced?

By using carbon credits and debits