Climate change mitigation is the process of reducing the emission of greenhouse gases into the atmosphere in order to prevent further climate change. Methods of climate change mitigation often include the reduction in an entity’s carbon footprint.
A Cap-and-Trade System is a market-based approach to controlling pollution by providing economic incentives for businesses to reduce emissions. The government sets an emissions cap, and issues a quantity of emission allowances consistent with that cap. Emitters must hold allowances for every ton of greenhouse gas they emit. Companies can buy and sell allowances in a carbon market, and this establishes an emissions price.
The United Nations Framework Convention on Climate Change is an international treaty that was negotiated in 1992 and came into force in 1994. The goal of the treaty is to stabilize greenhouse gas concentrations in the atmosphere to prevent dangerous human interference with the climate system.
Compliance Carbon Offset Programs are government-mandated programs designed to reduce greenhouse gas emissions. The most common compliance carbon program is the cap-and-trade system, which sets a limit (cap) on the amount of emissions that can be released into the atmosphere.
Carbon offsets are a way to mitigate climate change by reducing greenhouse gas emissions. They allow individuals, businesses, and organizations to offset their carbon footprint by supporting projects that reduce emissions elsewhere. Carbon offsets can be purchased through carbon markets or voluntary offset programs. There are many reasons to purchase carbon offsets. Some people want …
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