Carbon Credits Can Be Earned By Reducing the Operation's Carbon Footprint

Poojasalve10 Mar, 2022Business

The process of determining the value of Carbon Credits is similar to navigating the real estate market. In both cases, there are qualitative and quantitative factors to consider. Geographical location, size, and quality are some of the factors to consider. The cost of a carbon credit is often subjective, and is subject to forces of supply and demand. However, the Gold Standard advocates that the price of a carbon credit reflect the true social and economic costs of emissions and other impacts, and that the market should deliver the credits in the most cost-effective manner.