A study on marketable carbon credit: an overview

The study of Marketable Carbon Credit: An Overview is inevitable for the future generation population as it concentrates on reducing the emission generated by individuals and manufacturing units in general. Carbon Credit is a part of carbon sink which reduces the Co2 emission by purchasing credits. It is a new concept in the western countries and which also would help to the Indian society in large to act as a positive measure in the commercial market. It is essential to study the problems of emission in developing countries and to suggest reasonable measure to overcome the lapses. In short the individuals, companies and each one of the countries could balance their Co2 output by purchasing credit from others that emits less greenhouse gases than prescribed maximum. This study also suggests various programmes around the world used to reduce the emission and might help to create a small awareness for the Indian community to avoid polluted future.