GREENHOUSE GASES EMISSION

What is carbon credit, are carbon credit good enough to fight pollution, climate change and how is Government or regulatory agencies ensuring this corporate organizations with this permit adhere to the enforcement to reduce the effects of global warming? 

Question asked on 03/21/21 @ 2:35am

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 According to investopedia carbon credit is a permit that allows the company that holds it to emit a certain amount of carbon dioxide or other greenhouse gases. As regards the efficiency of a carbon credit, it is more efficient in developed countries because they have the luxury to prioritize it, but in developing countries, the effectiveness is diminished because they tend to prioritize economic growth and poverty reduction as opposed to climate change and fossil fuel use reduction.
Response posted on 05/17/21 @ 7:20am
 
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