CarbonCredits

Carbon credits are permits that allow organizations to emit a certain amount of carbon dioxide (CO2) into the atmosphere. One credit typically represents one ton of CO2. Companies that reduce their emissions below their limit can sell their extra credits to others who exceed their limits. This trading system incentivizes businesses to decrease their carbon footprints and invest in greener technologies, helping to combat climate change. Ultimately, carbon credits aim to create a financial motivation for reducing greenhouse gas emissions and promote environmental sustainability.