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Question
The concept of 'Carbon credit' originated from which one of the following?
The concept of 'Carbon credit' originated from which one of the following?
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Solution
The correct option is A Kyoto Protocol
The concept of carbon credits emerged during the Kyoto Protocol discussions and is an integral part of today's environmental economics. Carbon credits basically refer to certificates giving the beholder the right to emit 1 tonne of carbon dioxide or its equivalent.
The concept of carbon credits emerged during the Kyoto Protocol discussions and is an integral part of today's environmental economics. Carbon credits basically refer to certificates giving the beholder the right to emit 1 tonne of carbon dioxide or its equivalent.
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