Emissions Trading - Carbon Market

Carbon Market

Carbon emissions trading is emissions trading specifically for carbon dioxide (calculated in tonnes of carbon dioxide equivalent or tCO2e) and currently makes up the bulk of emissions trading. It is one of the ways countries can meet their obligations under the Kyoto Protocol to reduce carbon emissions and thereby mitigate global warming.

See also: personal carbon trading and carbon offset

Read more about this topic:  Emissions Trading

Famous quotes containing the word market:

    “the old palaces, the wallets of the tourists,
    the Common Market or the smart cafés,
    the boulevards in the graceful evening,
    the cliff-hangers, the scientists,
    and the little shops raising their prices
    mean nothing to me.”
    —Anne Sexton (1928–1974)