Question

What do carbon credits signify?

• A. Credits given in the course of carbon products sales
• B. Entitlements to emit certain quantity of green house gases
• C. Permissible amount of Carbon dioxide in the atmosphere
• D. The extent of carbon required to ensure sustainable development

Answer 1

The correct option is B Entitlements to emit certain quantity of green house gases

A carbon credit is a generic term for any tradable certificate or permit representing the right to emit one tonne of carbon dioxide or the mass of another greenhouse gas with a carbon dioxide equivalent, equivalent to one tonne of carbon dioxide.