CER(Carbon Emission Reductions)
What is carbon emission reductions?
Carbon emission rights include carbon dioxide (CO2), nitrogen dioxide (N2O), sulfur dioxide (SF6), methane (CH4) and hydrogen discontinuity (HFCs) contributing to global warming. The international carbon trading is already active in many exchanges around the world. Global warming is an unavoidable risk but at the same time, opportunity. Thus, many countries around the world are already participating to take the lead in the carbon market.
CERs trading
The emission trading system is generally operated on the basis of the emission trading principle, and if the government sets the total emission allowance, the target company will be entitled to the emission allowance to be discharged only within the specified emission allowance.
CERs market
It is a market that deals with the right to emit carbon dioxide, nitrogen, and sulfur dioxide, the right to emit greenhouse gases. The CER market is formed by norms such as the Kyoto Protocol. It is expected that the US will participate in the post-Kyoto protocol system, and the market’s scale will grow tremendously.
Topic: About CERs(Carbon Emission Reductions) (Read 112 times)
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