Carbon Credit

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ankit vijayavargiya

ankit vijayavargiya (Querist)
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08 July 2011 What is Carbon Credit & do provide me accounting treatment for the same

RAMESH KUMAR VERMA

RAMESH KUMAR VERMA (Expert)
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09 July 2011 A carbon credit is a generic term for any tradable certificate or permit representing the right to emit one tonne of carbon dioxide or the mass of another greenhouse gas with a carbon dioxide equivalent (tCO2e) equivalent to one tonne of carbon dioxide.
Carbon credits and carbon markets are a component of national and international attempts to mitigate the growth in concentrations of greenhouse gases (GHGs). One carbon credit is equal to one metric tonne of carbon dioxide, or in some markets, carbon dioxide equivalent gases. Carbon trading is an application of an emissions trading approach. Greenhouse gas emissions are capped and then markets are used to allocate the emissions among the group of regulated sources.

for more information link is:-

https://www.nswai.com/images/newsletters/feb2007.pdf

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ankit vijayavargiya

ankit vijayavargiya (Querist)
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09 July 2011 Accounting Treatment????

RAMESH KUMAR VERMA

RAMESH KUMAR VERMA (Expert)
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09 July 2011 About Accounting Treatment link is:-

https://220.227.161.86/16248ed_cers.pdf

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