Carbon credits are permits that allow the owner to emit a certain amount of carbon dioxide or other greenhouse gases. There are three basic types of carbon credits: those from reduced emissions, removed emissions (carbon capture and planting forests), and avoided emissions (for example refraining from cutting down rainforests). What is the relationship between carbon credits and carbon markets? The carbon marketplace is where carbon credits and offsets are bought and sold. Why are carbon markets and carbon credits controversial?

Source: Daily Nation September 06, 2023 05:03 UTC