Alberta Climate Exchange
| | | | |

Carbon Credit Trading

Carbon Trading is a market based mechanism for helping mitigate the increase of CO2 in the atmosphere.  Carbon trading markets bring buyers and sellers of carbon credits together with standardized rules of trade.


Carbon credits are a key component of national and international attempts to mitigate the growth in concentrations of greenhouse gases (GHGs). One carbon credit is equal to one ton of carbon dioxide, or in some markets, carbon dioxide equivalent gases.


The goal is to allow market mechanisms to drive industrial and commercial processes in the direction of low emissions or less carbon intensive approaches than those used when there is no cost to emitting carbon dioxide and other GHGs into the atmosphere. Since GHG mitigation projects generate credits, this approach can be used to finance carbon reduction schemes between trading partners and around the world.

Information on Canada's offset system is available HERE

 

Photos courtesy of: ManagEnergy and the Intelligent Energy - Europe Programme of the European Commission