Carbon Trade

Tags: Glossary

The process of buying and selling credits to emit carbon. Companies and organizations are assigned emission permits that stand for the amount of carbon they are allowed to emit. If a company or organization emits less carbon, then it can sell its emissions permits. If emissions are more than its current permits, then it will need to buy emission permits from other companies or organizations that produce less carbon

Ready to Get Started?

Cargoz provides solution for all your storage needs

Share this Article