Tag: Carbon credits
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Net zero emissions
Net zero emissions Net zero emissions refers to the balance between the amount of greenhouse gases emitted and the amount removed from the atmosphere, resulting in no net increase in atmospheric GHG. Achieving net zero involves reducing emissions as much as possible through measures such as transitioning to renewable energy, improving energy efficiency, and adopting…
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Carbon credit/offset
Carbon credit/offset A carbon credit, also referred to as a carbon offset, is exchanged between private entities within the voluntary carbon market. These credits are issued by carbon crediting schemes and symbolize the reduction, removal, or prevention of one ton of CO2e. Carbon credits or offsets undergo a unique serialization process and are managed, issued,…
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Carbon capture and storage
Carbon capture and storage Carbon capture and storage (CCS) is a combination of technologies designed to prevent the release of CO2 generated through conventional power generation and industrial production processes. The technologies employed by CCS, such as absorption, chemical looping, and membrane gas separation, work to capture and store CO2 emissions in underground storage sites…