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What is a carbon credit

What is a carbon credit

A “carbon credit” is a permit that gives the holder the right to emit, over a certain period, carbon dioxide or other greenhouse gases (e.g. methane, nitrous oxide or hydrofluorocarbons.

One credit permits the emission of a mass equal to one ton of carbon dioxide.

The main goal for the creation of carbon credits is the reduction of emissions of carbon dioxide and other greenhouse gases from industrial activities to reduce the effects of global warming.

Types of Carbon Credits

1.Voluntary emissions reduction (VER): A carbon offset that is exchanged in the over-the-counter or voluntary market for credits.

2.Certified emissions reduction (CER): Emission units (or credits) created through a regulatory framework with the purpose of offsetting a project’s emissions.

The certificates are generated projects or activities that reduce, avoid, or destroy greenhouse gases. For every metric tonne (2,204 lbs) a project or set of activities reduces, one carbon credit is generated.

#Towards Green Environment is working round the clock towards this. We need to train people, create awareness so that the activities that we are involved limits the level of emission.
# zero emission.
#The last five years from 2015 have experienced a steady raise in tempratures and are therefore the hottest years . We could change this, if we consider our attitude towards our environment.

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