What Is a Carbon Credit?
A carbon credit is a permit that allows the company that holds it to emit a certain amount of carbon dioxide or other greenhouse gases. One credit permits the emission of a mass equal to one ton of carbon dioxide.
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Carbon Credit Definition-19 Financial Relief Guide 2020 Presidential Election Guide Guide to Antitrust Laws Economy Government & Policy Carbon Credit By Will Kenton Reviewed By Michael J Boyle Updated Nov 21, 2020 <span>What Is a Carbon Credit? A carbon credit is a permit that allows the company that holds it to emit a certain amount of carbon dioxide or other greenhouse gases. One credit permits the emission of a mass equal to one ton of carbon dioxide. The carbon credit is one half of a so-called "cap-and-trade" program. Companies that pollute are awarded credits that allow them to continue to pollute up to a certain limit. That limit Summary
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