The global carbon credit market is witnessing a lot of momentum amid rising oil prices and the increasing energy crisis in Europe. Carbon credits were introduced as a system to reduce greenhouse gas emissions by creating a market in which companies can trade in emissions permits. The Paris climate agreement can be accredited for the creation of a […]

Carbon credits are like passes that allow their owners to emit a certain amount of CO2 and other GHG within a prescribed limit. This limit is lowered periodically. There is a well-established global carbon credits market. The global market for compliance carbon credit is estimated to be worth € 238 billion, with an annual trading […]