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The Gold Standard is recognized by carbon market and scholars of carbon markets and climate change politics scholars as a prime example of voluntary standards. [7] As a program certifying emissions trading programs, criticisms of the general practice of emissions trading may also generally apply to the Gold Standard certification program.
Carbon accounting (or greenhouse gas accounting) is a framework of methods to measure and track how much greenhouse gas (GHG) an organization emits. [3] It can also be used to track projects or actions to reduce emissions in sectors such as forestry or renewable energy .
[14] [15] [16] One carbon credit represents an emission reduction or removal of one metric tonne of carbon dioxide or the equivalent amount of greenhouse gases that contribute equally to global warming (CO 2 e). [17] [18] Carbon credits are a form of carbon pricing, along with carbon taxes and subsidies.
Voluntary Emission Reductions or Verified Emission Reductions (VERs) are a type of carbon offset exchanged in the voluntary or over-the-counter market for carbon credits. [1] Verified Emission Reductions are usually certified through a voluntary certification process.
The most important step in curbing climate change is to stop burning fossil fuels. But as the economy slowly pivots in that direction, it might be worthwhile to catch the carbon emissions that ...
The Verified Carbon Standard (VCS), formerly the Voluntary Carbon Standard, [1] is a standard for certifying carbon credits to offset emissions. [2] [3] VCS is administered by Verra, a 501(c)(3) organization. [4] Verra is a certifier of voluntary carbon offsets. [5]
Carbon rationing, as a means of reducing CO 2 emissions to contain climate change, could take any of several forms. [1] One of them, personal carbon trading, is the generic term for a number of proposed carbon emissions trading schemes under which emissions credits would be allocated to adult individuals on a (broadly) equal per capita basis, within national carbon budgets. [2]
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