Carbon credits: History of Emissions Trading and Market Overview

Oxychain - Carbon credits

Under an emissions trading, companies or groups are given emission permits, which are known as carbon credits, that enable them to discharge a particular quantity of a specific pollutant during a certain time period. In fact, businesses or organizations that need to own carbon credits to cover the emissions their business has on the environment. The emissions trading via carbon credits are becoming a big trend in the businesses. Let’s explore the history of emissions trading and market overview of this terms!