With the price of carbon credits increasing from 15 US dollars to 22 US dollars in a period of one calendar year financial experts and investing gurus are of the opinion that now is the right time to purchase carbon credits. The carbon credit market has grown from a 5 billion dollar industry in just [...]
Make no mistake CO2 trading is the business of the future, literally speaking. With so many industries producing this by-product of fossil fuel by the ton every minute it is a wonder so many people are making millions buying and selling carbon. When there is an excess of carbon in the air so much so [...]
To begin with the definition of carbon trading one could say that this is a trading mechanism that is designed to stem the emission of carbon dioxide into the atmosphere by putting together a set of rules and regulations and fixing targets to which carbon emissions must be reduced over a period of time. This [...]
Countries set a target for industries to reduce their carbon emissions. Industries can then look for ways to reduce their emission rates to the set target by investing in efficient technology or they can buy credits from industries that exceed their targets.
Carbon Dioxide is the most important gas that contributes to the green house effect, [...]
One hundred and seventy countries came together in 1997 to sign an agreement on ways to curtail carbon emissions through out the world. The agreement signed came to be called the Kyoto Protocol. This protocol, through its annexure sets levels of carbon emission in various countries of the world. The Kyoto Protocol sets ‘caps’ or [...]
Carbon emissions trading was brought about by the signing of the Kyoto Protocol that was signed by 170 countries in Kyoto, Japan, in 1997. This agreement calls on all industrialized countries to bring down the green house gases emitted by their industries and various other sources to levels that are 5.2 percent below those recorded [...]