RE:carbon credit?
by chetan shetty on Feb 05, 2008 04:54 PM Permalink
The main motto behind this process is to control green house gas emmission and reduce global warming. During resent Bali summit it was agreed by Eropean and few other countries that we will have the above mentioned carbon trading. Now for eg, there is one company in India which has carbon credit of 100 tones and similar industry in europe has already emitted excess carbon than permitted(again these levels are pre set)it can buy carbon credit from the Indian company.
