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carbon credit |
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carbon credit n (Chemistry) (Life Sciences & Allied Applications / Environmental Science) a certificate showing that a government or company has paid to have a certain amount of carbon dioxide removed from the environment How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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The best way to jump-start any new market for agriculture would be a national policy that has a cap on carbon dioxide emissions and includes the chance to trade or buy carbon credits (or offsets) from agriculture. The trick is that a carbon credit is worth 1 tonne of C[O. One carbon credit is equivalent to the reduction of emissions of 1 metric ton of carbon dioxide (or the equivalent of other gases based on their global warming potential). |
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