Question

What do carbon credits signify?

Options

• Credits given in the course of carbon products sales

• Entitlements to emit a certain quantity of greenhouse gases

• Permissible amount of Carbon dioxide in the  atmosphere

• The extent of carbon required to ensure sustainable  development

Answer 1

Entitlements to emit a certain quantity of greenhouse  gases

Explanation: A carbon credit is a generic term for any tradable certificate or permits representing the right to emit one tonne of carbon dioxide or the mass of another greenhouse gas with a carbon dioxide equivalent  (tCO2e) equivalent to one tonne of carbon dioxide.