Carbon Credits Explained
Greenhouse gas emissions – a new commodity Parties with commitments under the Kyoto Protocol (Annex B Parties) have accepted targets for limiting or reducing emissions. These targets are expressed as levels of allowed emissions, or “assigned amounts." The allowed emissions are divided into “assigned amount units” (AAUs).
Emissions trading, as set out in Article 17 of the Kyoto Protocol, allows countries that have emission units to spare - emissions permitted them but not "used" - to sell this excess capacity to countries that are over their targets.
Thus, a new commodity was created in the form of emission reductions or removals. Since carbon dioxide is the principal greenhouse gas, people speak simply of trading in carbon. Carbon is now tracked and traded like any other commodity. This is known as the "carbon market."
World Wide Carbon LLC is a vertically integrated sustainability solutions provider. Our goal is provide an ongoing solution(s) for all organizations, entities and corporations. For further details contact World Wide Carbon LLC.
Emissions trading, as set out in Article 17 of the Kyoto Protocol, allows countries that have emission units to spare - emissions permitted them but not "used" - to sell this excess capacity to countries that are over their targets.
Thus, a new commodity was created in the form of emission reductions or removals. Since carbon dioxide is the principal greenhouse gas, people speak simply of trading in carbon. Carbon is now tracked and traded like any other commodity. This is known as the "carbon market."
World Wide Carbon LLC is a vertically integrated sustainability solutions provider. Our goal is provide an ongoing solution(s) for all organizations, entities and corporations. For further details contact World Wide Carbon LLC.
SEC Issues Interpretive Guidance
The following is the SEC Interpretive Guidance offered by Ms Shapiro highlighting the need for sustainability reporting and shareholder measure regarding materiality. By not including triple bottom line reporting and the associated consequences all public traded entities are at risk with respect to stakeholder transparency. For further details contact World Wide Carbon LLC