Carbon trade

Carbon trade,

Definition of Carbon trade:

  1. Carbon trading is an exchange of credits between nations designed to reduce emissions of carbon dioxide.

  2. Carbon trading is also referred to as carbon emissions trading. Carbon emissions trading accounts for most emissions trading. .

  3. Trading the rights of greenhouse gas emissions. The idea is a response to the Kyoto Protocol. Both countries and companies can reduce their emissions below designated levels and sell this amount to a business or country with greenhouse gas emissions that are too high.

Meaning of Carbon trade & Carbon trade Definition