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A Quick Look at the Carbon Credits of Today
As the globe works toward a more sustainable and environmentally friendly future, the importance of cutting carbon emissions has become increasingly pressing. A growing number of businesses address this issue by purchasing carbon credits as a strategy to mitigate the impact of their operations on the environment. In recent years, a rising number of prominent…
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Carbon Leakage
Carbon leakage is a term used to describe the phenomenon where emissions are simply shifted from one country to another, rather than being reduced globally. This can happen for several reasons: Carbon leakage is a problem because it negates the efforts of countries to reduce emissions and undermines the effectiveness of global efforts to combat…
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Ocean-Based Climate Solutions: The Emerging Technologies and Practices for Blue Carbon Sequestration
The Earth’s climate is changing rapidly, and the effects of climate change are becoming more visible every day. From rising sea levels to more frequent natural disasters, it’s clear that we need to take action to mitigate the effects of climate change. One promising solution is blue carbon sequestration, which refers to the process of…
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What are carbon credits? Voluntary vs Mandatory
The term carbon credit refers to the value assigned to the reduction, avoidance, or capture of greenhouse gas (GHG) emissions achieved through a certified project. Carbon credits are tradable units, and one carbon credit is equivalent to one metric ton of carbon dioxide equivalent (CO2e). Carbon credits are a way to incentivize businesses and individuals…