What is carbon credit ?

Question

What is carbon credit ?

Answer 1

rather than going "green", some companies buy carbon credits, so that other companies that otherwise can't afford to make "green" changes, can. Al Gore buys them to justify his zinc mine and private jet..

Answer 2

Definitions of Carbon Credit on the Web:

Permit that allows an entity to emit a specified amount of greenhouse gases.

www.treevestors.com/

Carbon credits are a key component of national and international emissions trading schemes that have been implemented to mitigate global warming. ...

en.wikipedia.org/wiki/Carbon credit

A certified carbon dioxide emission displacement credit, equal to one tonne of CO2 removed from the environment

en.wiktionary.org/wiki/carbon credit