CARBON CREDITS AND OTHER MARKET BASED MECHANISMS
The global carbon credit mechanism is a market-oriented solution to environmental problems, particularly the reduction of greenhouse gases including carbon dioxide. This mechanism requires a number of countries and corporations to reduce their greenhouse gas emissions or to purchase emission reduction quantity (also called carbon credits) from countries or corporations with a surplus. The purpose of this study is to analyze the creation and nature of the carbon credits market and to examine how these credits are traded in global climate exchanges. This is an exploratory and analytical study in which secondary sources are utilized. The climate exchanges have encouraged developing as well as developed countries to invest in renewable energy sources including solar energy. It is concluded that carbon credits trading has real economic benefits for both sides.
Anaam Hashmi
Professor of International Business & Finance Minnesota State University, Mankato, Minnesota 56001, USA
国际会议
2007世界太阳能大会(Proceedings of ISES Solar World Congress 2007)
北京
英文
2007-09-18（万方平台首次上网日期，不代表论文的发表时间）