5 Things to Know about Carbon Credits | Carbon Management platform tracextech.com
Carbon Credit is essentially a permit received from government or an authority body to emit a certain amount of CO2 for a specific price. Carbon credits are measurable, verifiable emission reductions from certified climate action projects which reduce, remove or avoid greenhouse gas emissions. Carbon credits can be purchased with the intention of contributing to offset projects. Investing in carbon credits is a necessary step in a company’s goals and commitments and is also vital for saving the planet.
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