Carbon credits are a way to measure and reduce the amount of greenhouse gases that industries and companies release into the environment. By earning
carbon credits, these businesses can offset their emissions by investing in projects that reduce pollution, like renewable energy. It's like a "credit" for doing something positive for the environment.
Full definition
In addition, allowances from the sale
of carbon credits in the cap - and - trade system would have provided funding for a number of important energy efficiency initiatives.
As a result, I predict lots of feel good legislation with a thriving market
for carbon credits and essentially no impact at all on the problem.
The country also expects to spend $ 110 million on
carbon credits in 2013 to offset a portion of its emissions.
This positive result was overshadowed by an influx of
carbon credits from the international markets as companies looked to exploit a closing loophole on the eligibility of certain methods of earning emission allowances.
Large hydro projects are projected to generate 2 billion
carbon credits by 2020, which could be a lot of hot air.
Many project directors and government officials are not well equipped to tie together all the essential knots required to
earn carbon credits for forest preservation.
The forest - carbon project promotes sustainable community forestry and development through the sale of
carbon credits on the international market.
At that point, however, any emissions above 2020 levels will have to be offset
with carbon credits.
This deal marked the first time an indigenous community earned
carbon credits under internationally recognized standards.
On the other hand, companies that purchase
more carbon credits than the amount of energy they use, are creating a positive impact on the environment.
He has been with the company for the last six years and is responsible for international business development and the management of the company's portfolio of
voluntary carbon credits.
The researchers say one way of setting up these incentives would be to make high - albedo farms eligible for
carbon credits which could be sold on the carbon trading markets.
By 2009, the plant employed more than 40 local residents and
received carbon credits from the voluntary market to support the sustainability aspect of the project.
Perhaps we should divide global emissions by global population and
allocate carbon credits according to census data.
They must determine how
many carbon credits the preservation of any particular forest can demand on what is now a voluntary carbon market.
The bank hoped to lock up forestry
carbon credits while they were cheap and sell them at a higher price in either voluntary markets or should they emerge, compliance markets.
You can then
create carbon credits for yourself by learning how to reduce your energy use and by using our search service to find more energy - efficient products and services.
While there are concerns about whether
carbon credits represent genuine emission reductions, the effectiveness of climate funds is equally, if not more, dubious.
People could be issued with personal carbon allowances which they would spend through a «
carbon credit card», under plans being considered by the government.
There's no mention of
proposing carbon credits for families choosing to have fewer children, something that — even as a thought experiment — can trigger interesting reactions.
Compensation for the environmental services of forests must be provided through
carbon credits within the Protocol as well as through financial incentives outside of the Protocol.
I recently raised the question of whether this means we'll soon see a market in baby -
avoidance carbon credits similar to efforts to sell CO2 credits for avoiding deforestation.
At the end of the day, we need to
push carbon credits through and address the small fraction of people for whom it has extreme negative effects.
Keep in mind just as there is «big oil» there is an emerging «big wind» and «
big carbon credit».
That system grants companies that reduce emissions in the developing
world carbon credits, which they are then free to sell on global trading markets.
Its plan for going carbon neutral largely relies on buying in
carbon credits rather than reducing its actual emissions to zero.
The prospects for developing a
pure carbon credit scheme remain slim, especially if targeted at the regulatory carbon market, the researchers argue.
Phrases with «carbon credits»