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:

    “Talk of a divinity in man! Look at the teamster on the highway, wending to market by day or night; does any divinity stir within him? His highest duty to fodder and water his horses! What is his destiny to him compared with the shipping interests?”
    —Henry David Thoreau (1817–1862)