Question

Which of the following statements best illustrates Carbon trading:

• A.
  Buying and selling of carbon intensive products.
• B.
  Tradiing of technology which is less carbon intensive
• C.
  Developed nations offsetting their high carbon emission by paying low carbon emission country.
• D.
  Reducing or cutting down carbon emission nationally.

Answer 1

The correct option is C

Developed nations offsetting their high carbon emission by paying low carbon emission country.
Carbon trading is an exchange of credits between nations designed to reduce emissions of carbon dioxide.Also known as carbon emissions trading. Carbon emissions trading accounts for most emissions trading. Developed nations offsetting their high carbon emission by paying low carbon emission country.