Carbon Credits Explained
15 January 2024 by Eve Pope
The carbon trading markets are comprised of voluntary markets and compliance markets (although the two markets can overlap depending on jurisdiction and sector). Typically, the term "carbon credit" refers to a representation of carbon dioxide emission reduction/removal certified by governments or independent certification bodies that can be traded through the voluntary market. This premium article provides clarity on carbon credits and the emerging role of carbon dioxide removal offsets within the carbon market.
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