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
Carbon sequestration Sea where Norway's StatoilHydro strips carbon dioxide from natural gas with amine solvents and disposed of this carbon dioxide in a deep saline aquifer. In 2000, a coal-fueled synthetic natural gas plant in Beulah, North Dakota, became the world's first coal-using plant to capture and store carbon dioxide, at the Weyburn-Midale Carbon Dioxide Project. Developed in the Netherlands, an electrocatalysis by a copper complex helps reduce carbon dioxide to oxalic acid; This conversion uses carbon dioxide as a feedstock to generate oxalic acid. Carbon, in the form of can be removed from the atmosphere by chemical processes, and stored in