The Carbon Allowance Tale - Part 2: Adjustments towards a free market
New mechanisms helped the EU ETS become a more sophisticated scheme, driven by demand and supply.
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Carbon Credit
Carbon Credit
A tradable good that certifies that a certain amount of GHG emissions was avoided or removed. By buying a carbon credit, a company or individual finances the project reduction or removal project and compensates - or offsets - their own emissions.
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Understanding in depth
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Understanding in depth
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