Environment - Carbon Credit Manufacturing - A New Industrial Growth Sector
Did you know that companies can now buy and sell "carbon credits" internationally just like other goods and services regularly bought and sold on the international market? There are two important prerequisites for this new carbon credit business: 1) Your country must have signed the Kyoto Protocol (the United States has still not signed it as of March 2007). These credits are made possible by the Kyoto's Clean Development Mechanism (CDM). That's why sometimes this new line of trading is also referred to simply as "CDM" business. 2) You have to register your "carbon saving" project with the United Nations before you can sell your credits to other international purchasers. ...
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