Carbon Credits: Not What You Thought They Were

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Abstract

In this study, we try to explore the concept of Carbon Credits in a holistic context. The main focus of the research is on Kyoto Protocol and its relation with emission of GHG. The research also analyzes many aspects of applications that are being used for controlling GHG and implanting Carbon Credits to gauge its effect on the environment. Finally, the research describes various factors, which are responsible, for implanting Kyoto protocol in the organization of countries where the emission rate of carbon credits is very high. The research has ...