| From Environmentalleader.com: Are “carbon offsets” an effective means of cutting carbon for society and industry? Carbon offsets are a recent invention of the Kyoto Protocol. Kyoto has a unique distinction – it uses market forces. It trades the nations’ rights to use the planet’s atmosphere. These are the “carbon offsets” – or “carbon credits”. If you buy a “carbon offset” you buy the right to emit one ton of CO2.
Carbon trading has grown by leaps and bounds. Trading has doubled yearly since the market became international law in 2005........................................Full Article: Source
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