Carbon offset production flows to regions or industries that have a lower price of carbon—unless carbon can be purchased from that area, which offsets effectively permit, equalizing the price. Carbon offsets may represent six primary categories of greenhouse gases: carbon dioxide (), methane (CH), nitrous oxide (NO), perfluorocarbons (PFCs), hydrofluorocarbons (HFCs), and sulfur hexafluoride (SF). Carbon offsets have several common features: In 2009, 8.2 billion metric tons of carbon dioxide equivalent changed hands worldwide, up 68 per cent from 2008, according to the study by carbon-market research firm Point Carbon, of Washington and Oslo. But at EUR94 billion, or about $135 billion,
Greenhouse gas emissions in Kentucky tons of perfluorocarbons (PFCs) (4.8 MMTCE), and 0.003 million metric tons of nitrous oxide (0.2 MMTCE) The major source of carbon dioxide emissions was fossil fuel combustion (96%), the majority of which is utility coal. Minor emissions came from cement and lime production and forest/grassland conversion. Carbon dioxide sinks (i.e., an increase in forest carbon storage) offset about 26% of the total carbon dioxide emissions. Sources of methane emissions were coal mining (73%), domesticated animals (12%), landfills (10%), manure management (3%), and natural gas/oil extraction (2%). Nitrous oxide emissions were from fertilizer use. Sources of perfluorocarbons were HCFC-22 production (91%)