Overview
The geography of carbon markets plays a crucial role in global efforts to combat climate change. By understanding how these markets operate, students can appreciate the importance of carbon trading systems in reducing greenhouse gas emissions. Different regions have developed unique carbon markets i...
Key Terms
Example: One carbon credit equals one ton of CO2 emissions.
Example: Companies that reduce emissions can sell their excess allowances.
Example: Switching to renewable energy sources can lead to significant emission reductions.
Example: Planting trees can serve as a carbon offset for emissions from travel.
Example: Carbon trading is a market mechanism to reduce emissions.
Example: The EU ETS is a regulatory framework for carbon trading in Europe.
Related Topics
Climate Change Mitigation
Strategies and actions aimed at reducing the severity of climate change.
intermediateRenewable Energy Policies
Policies that promote the use of renewable energy sources to reduce emissions.
intermediateSustainable Development Goals
Global goals aimed at achieving a better and more sustainable future for all.
advancedKey Concepts
carbon tradingemission reductionmarket mechanismsglobal policies