How does carbon trading work?

243 views

How does carbon trading work?

In: 3

4 Answers

Anonymous 0 Comments

Every company has a limit on how much co2 emissions are allowed to to emit so if one company is below that value they can sell their surplus of the limit to another company so that „both profit“. The one that has less emissions gets money while the other company doesn’t have to fear restrictions imposed on them for missed climate goals etc.

Realistically speaking it’s counterproductive to the whole point of these limits which would be reducing co2 instead it is just a matter of having enough money as a company to do what you want.

You are viewing 1 out of 4 answers, click here to view all answers.