Etiket: what are carbon credits

  • What are carbon credits? Voluntary vs Mandatory

    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…