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
Low-carbon diet and rail releases carbon dioxide (CO2), the primary gas responsible for global warming. Chlorofluorocarbons (CFCs) are emitted from mechanical refrigerating and freezing mechanisms – both staples in food shipment and storage. Anthropogenic methane emission sources include agriculture (ruminants, manure management, wetland rice production), various other industries and landfills. Anthropogenic nitrous oxide sources include fertilizer, manure, crop residues and nitrogen-fixing crops production. Methane and nitrous oxide are also emitted in large amounts from natural sources. The 100-year global warming potentials of methane and nitrous oxide are recently estimated at 25 and 298 carbon dioxide equivalents, respectively. Steinfeld et al. estimate that