Carbon credit

(redirected from Carbon credits)
Also found in: Dictionary, Wikipedia.
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 ?
Charles Stephenson, managing director of Dubai-based Advanced Global Trading (AGT), a global leader in the verified carbon market, said he has witnessed floods of investors in the first quarter of 2012 who have pulled positions out of gold in order to increase the number of Verified Emissions Reduction (VER) Carbon Credits in their portfolio.
Charles Stephenson is a director of Advanced Global Trading (AGT), a world leader in VCS verified carbon credits.
The electricity rate - kilowatt hour (kWh) - is the sum of the fuel cost plus the price of carbon credits.
Carbon credits are similar to certificates that represent a reduction of greenhouse gasses in the atmosphere with one carbon credit the equivalent to a saving of one tonne of CO2.
Global Banking News-June 7, 2011--Bank of New Zealand to move into carbon credit market(C)2011 ENPublishing - http://www.
Carbon credits, also known as offsets, are emissions reduction projects - such as planting trees - that companies invest in to counteract the greenhouse gases they emit elsewhere.
His company Eco-Synergies made almost PS580,000 selling carbon credits.
As early as 2010, it was apparent that HM Revenue & Customs; the Financial Conduct Authority; the Registries and the carbon credit market s own self-regulating authorities considered that there was no viable exit strategy for the carbon credits sold by NFA at the time and that, even if there was, members of the public had no access to it.
The full amount will be used to acquire carbon credits from renewable energy and methane capture projects through MEXICO2.
The acquisition of carbon credits represents an excellent opportunity for us to contribute to the fight against climate change, as part of our concern for environmental protection.
The first of its kind within the shipping industry, the carbon credits methodology is based on ship owners converting existing vessels from a biocidal antifouling system to a premium, biocidefree advanced hull coating such as AkzoNobel's Intersleek[R], part of the company's International[R] range of marine coatings.
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.