Carbon credit international market at their current market price"”. There are two main markets for carbon credits; Compliance Market credits Secondary / Verified Market credits (VERs) The burning of fossil fuels is a major source of greenhouse gas emissions, especially for power, cement, steel, textile, fertilizer and many other industries which rely on fossil fuels (coal, electricity derived from coal, natural gas and oil). The major greenhouse gases emitted by these industries are carbon dioxide, methane, nitrous oxide, hydrofluorocarbons (HFCs), etc., all of which increase the atmosphere's ability to trap infrared energy and thus affect the climate. The concept of carbon credits
Environmental impact of hydraulic fracturing life cycle of oil or coal. Until recently, Canadian provinces such as Alberta, Saskatchewan, and Nova Scotia produced over half of their electricity from coal combustion whereas Ontario has already completely phased out coal-powered electricity. Switching from coal- to natural gas-powered electricity can reduce carbon dioxide emissions by ~50% and also decrease the amount of NOx and SOx emitted to atmosphere. Lack of baseline data or before-and-after hydraulic fracturing sample collection and analysis makes it challenging to quantify environmental impacts (if any) resulting from hydraulic fracturing. Hydraulic fracturing fluids include proppants and other substances, which may include toxic chemicals. In