đ What is a Carbon Credit? đ
- Goldstein Carbon
- Nov 1, 2024
- 1 min read
Updated: 6 days ago
A carbon credit represents one metric ton (tCOâ) of carbon dioxide or equivalent greenhouse gases reduced or removed. Carbon credits are generated through various carbon emission reduction projects and purchased by companies or individuals aiming to offset their emissions. Credits originate from specific projects based on carbon credit sources and are traded in carbon markets, enabling companies to balance their emissions.
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