Environment & Ecology · Environment
What is a carbon credit?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1It is a tax rebate incentive provided to individual citizens who plant trees in urban areas
- 2It is a microfinance loan given to low-income populations for purchasing modern cooking stoves
- 3It is a loan amount provided by the IMF specifically for reducing industrial pollution
- 4It is a permit representing the right to emit one tonne of carbon dioxide, calculated from the difference between the carbon emission allowed and actually emitted carbon✓
Correct answer
It is a permit representing the right to emit one tonne of carbon dioxide, calculated from the difference between the carbon emission allowed and actually emitted carbon
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