Carbon credits refer to the total amount of greenhouse gases that enterprises or countries are allowed to emit within a certain period. Through the carbon trading market, companies that emit less than the quota can sell the remaining carbon credits to companies that exceed the quota, thereby achieving overall emission reduction. This mechanism encourages companies to adopt more environmentally friendly production methods to reduce carbon emissions.
Learning more about carbon credits and carbon trading can help us better understand global efforts to combat climate change and how these efforts affect the economy and corporate decisions.