What are carbon credits?
A generic term for any certificate that is tradable and represents the right to emit one tonne of carbon dioxide or the equivalent amount of a different greenhouse gas.
What’s the benefit of earning carbon credits?
You can either use this permit for your own industrial purposes, or you can trade it to someone else who is in need of the same,to fulfill government regulations.
How can I earn carbon credits through greenGENE?
In short, carbon credits are earned through green wealth, which you can gain through plantations. GreenGENE helps you do the same in an organized and guided manner.
Who is regulating the carbon credit market?
Just like any other commodity, carbon has now been traded on India’s Multi Commodity Exchange since last the fortnight. MCX has officially become the first exchange in Asia to trade carbon credits.