As noted, a carbon credit is equal to one ton of carbon dioxide.
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Carbon Credit Definitiongreenhouse gas emissions. Companies get a set number of credits, which decline over time. They can sell any excess to another company. Thus, "cap-and-trade" is an incentive to reduce emissions. <span>As noted, a carbon credit is equal to one ton of carbon dioxide. According to the Environmental Defense Fund, that is the equivalent of a 2,400-mile drive in terms of carbon dioxide emissions. Companies or nations are allotted a certain number of cre Summary
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