And what other alternatives are out there
Many people say environmentalism has won the battle, and that is something that all mankind will profit from. Whether they believe it’s true or not. Companies must now pay attention to their carbon dioxide emissions and other greenhouse gas emissions, either by corporate will or by regulatory pressure. And that’s a good thing.
That is what carbon credits are for. They are (oversimplified) a tradable certificate that represents the right (to its owner) to emit one tonne of GHGs (which stands for Green House Gases).
They may be the key element to keep pushing companies, and Nations, to lower their emissions throughout their entire production chain and the countless processes in between. Why this approach works? Because…