As global warming/climate change/global temperature rise intensifies, finding solutions to mitigate our carbon footprint becomes paramount. Carbon credits, a key instrument in this fight, offer a market-based approach to incentivize emissions reductions. These tradable permits represent the right to emit a certain amount of greenhouse gases, creat

Carbon credits are an instrument for minimizing greenhouse gas emissions. They represent the permission to emit a specific quantity of carbon dioxide or other greenhouse gases. Companies that overshoot their emission targets can acquire these credits from companies that have reduced their emissions below their assigned limits. This mechanism create