Carbon credit

(redirected from Carbon credits)
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Related to Carbon credits: Carbon offsets

Carbon credit

A term that refers to three types of units of greenhouse gas reductions defined under the Kyoto Protocol.
References in periodicals archive ?
Researchers in the new study argue that increasing payments for carbon credits is needed to create incentives for the protection of tropical forests in Southeast Asia, including in Cambodia, against further deforestation to make way for rubber.
Supported by donor funding, the PAF creates incentives for continued investments in projects that combat climate change by guaranteeing a minimum price on carbon credits.
According to the explanatory memorandum to the Finance Bill, the income tax (IT) department has been treating the income earned on transfer of carbon credits as business income subject to tax at the rate of 30%.
A total of 13,735 carbon credits, worth around $60,000, have been presented to Neda Maritime via the award-winning program.
His company Eco-Synergies made almost PS580,000 selling carbon credits.
The full amount will be used to acquire carbon credits from renewable energy and methane capture projects through MEXICO2.
With ship owners and operators under increasing pressure to drive efficiencies and improve sustainability, the ability of carbon credits to turn energy efficiency into bottom line benefits is a timely and significant step forward," said Trevor Solomon, Intersleek business manager at AkzoNobel's Marine Coatings business.
The Commission accepted Cyprus' request, clearing Cyprus for about 11 million ETS carbon credits -- or EU allowances -- for 2013 to 2019.
According to the financial market watchdogs, 19 companies selling carbon credits have been shut down over the last 15 months, as more than 1,500 investors were ripped off by the swindling firms.
Carbon credits were offered to induce the companies to destroy the by-product rather than releasing it into the atmosphere.
It allows clients to capitalize on the emissions they save through their trenchless programs and create carbon credits to offset against their day to day (scope 1) emissions.
If we can do something on the carbon credits, then we have a royalty stream down the road.