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
Climate change mitigation the demand side will help lower carbon emissions. Progressively coal, oil and eventually natural gas for space and water heating in buildings will need to be reduced. For an equivalent amount of heat, burning natural gas produces about 45 per cent less carbon dioxide than burning coal. There are various ways in which this could happen, and different strategies will likely make sense in different locations. While the system efficiency of a gas furnace may be higher than the combination of natural gas power plant and electric heat, the combination of the same natural gas power plant and an electric