A carbon credit is valued as one ton of carbon dioxide (CO2) and is a value set against the offset of greenhouse gas emissions. The international community has set this up in an attempt to mitigate the growth of emissions. The hope is that industrial and commercial processes will be driven in the direction of change and ultimately reduction in all processes that involve the use of greenhouse gases.
Carbon credits are obtained from clean development mechanism (CDM) projects and have to be verified by an independent body, which will assess the amounts of carbon credits that can be sold or traded on the carbon exchanges.
Companies who are then green will financially gain and larger companies will pay or offset their excess carbon emissions.
Carbon offsets daily is one of several blogs following the progress of this market.
Original Technorati articles tagged “carbon credits”
Unique New Environmental Investment Opportunity Emerges "Down Under"
Australian carbon credits: The greenest of green investmentsby greenworldbvi / on Mar 14, 2012
Betting on air quality sure is a strange way to deal with pollution. But Uncle Scam's about to do it.by lordonlow / on Oct 30, 2009
Latest blogosphere posts tagged “carbon credits”
Global civil society rejects REDD in climate law Indigenous Environmental Network – From Africa to the Amazon, from Chiapas to Siberia, global civil society is raising an international outcry to resoundingly reject California’s proposed forest...2 weeks ago
As the public comment period for Californias cap-and-trade program draws to a close, an alliance of environmental activists have stepped up a heated campaign to keep carbon credits generated by forest conservation initiatives in tropical countries out of the scheme. These groups say that offsets generated under the ...2 weeks ago
Environmental insanity is driven by money... Via CFACT : When you think about the effects of global warming hysteria, you might think of higher electricity prices, not people being thrown off their land and having their homes burned down. But that is exactly what’s been happening in the East African country of ...3 weeks ago
FOUR (bagger)!? The penny stock of Carbon Credits International, Inc. (PINK: CARN) hit the ground running and without jumping the gun at the opening bell. Offering a rare opportunity for traders to get in lower than yesterday’s closing price, CARN stock is the newest alert over-exposed subs at Xtreme got today. ...3 weeks ago
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