Biodiversity Conservation And Wild Life Ques 114

Question: One Carbon Credit is defined as ______.
  1. Credit permit to release one ton of carbon dioxide.
  2. Providing loans to establish a unit which produces carbon dioxide for industrial use.
  3. Finding out one new business which can use and recycle greenhouse gases. Which of the following statements(s) is/are correct?

Options:

A) 3 only

B) 2 only

C) 1 only

D) 1, 2 and 3

Show Answer

Answer:

Correct Answer: C

Solution:

  • A carbon credit is a generic term for any tradable certificate or permit representing the right to emit one tonne of carbon dioxide or the mass of another greenhouse gas with a carbon dioxide equivalent $ (CO _2) $ equivalent to one tonne of carbon dioxide.