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Cap and trade is a market-based approach to reducing greenhouse gas emissions. Governments set limits (or a cap) on how much emissions a company can produce. Companies can also trade their allowances with each other if they produce less emissions than their cap or want to exceed the limit.
Carbon accounting refers to the measurement of greenhouse gas emissions an organisation produces. It is used for reporting purposes and for strategizing environmental policies to reduce emissions.
The carbon budget is used to determine climate policy and set emission targets. The cumulative net global carbon dioxide emissions can limit global warming and stop climate change. Emissions above the carbon budget will raise global temperatures.
A carbon credit or offset permits the holder to emit a specified amount of greenhouse gas emissions. In cap and trade systems, carbon credits/offsets can be traded.
Carbon dioxide is a gas that naturally occurs in the atmosphere. Too much carbon dioxide in the atmosphere can heat the planet. It is also produced due to a wide range of human activities, such as burning fossil fuels, industrial processes, and waste.
Carbon dioxide equivalent (CO2e) is the amount of greenhouse gas equal to the amount of carbon dioxide it would take to warm the planet. It helps measure the impact of different greenhouse gases in a singular unit. For instance, 1 kg of methane is 29.8 CO2e.
The CDP is a framework for organisations, cities, and countries to report their emissions and overall environmental impact.
Carbon footprint represents all the greenhouse gas emissions by an entity or activity.
Carbon management is an organised approach to reducing a company's carbon emissions and achieving timely climate targets.
Carbon markets are trading systems for buying and selling carbon credits.
An entity or activity is carbon-negative if its net result removes greenhouse gases from the environment. It is the next step to prevent climate change after net zero emissions.
An entity is carbon neutral if it neither adds nor removes carbon emissions from the environment.
Carbon reduction refers to the reduction of greenhouse gas emissions. Various activities and policies aim to reduce carbon dioxide and other greenhouse gas emissions, for example, switching to renewable energy or recycling plastics.
Carbon removal is the process of removing carbon dioxide from the atmosphere and storing it so that it cannot be emitted back into the atmosphere.
Carbon sequestration refers to storing carbon dioxide in a place where it will not impact the environment and climate.
Carbon sink refers to the storage where the carbon dioxide removed from the atmosphere is stored.
A carbon target is a specified amount of emissions to be reduced by the end of a specified period.
2 °C is the temperature rise over pre-industrial level temperatures that is the threshold for avoiding climate catastrophes and irreversible damage to the planet.
As the Paris Agreement outlines, 1.5 °C is the ideal and agreed-upon threshold of global temperature rise by 2050 compared to pre-industrial levels. The world must reach net zero emissions by 2050 to achieve this goal.
The accuracy gap is the difference between calculated emissions and those produced. Accurate carbon accounting efforts can lead to a minimal or zero accuracy gap in emissions reporting.
Cap and trade is a market-based approach to reducing greenhouse gas emissions. Governments set limits (or a cap) on how much emissions a company can produce. Companies can also trade their allowances with each other if they produce less emissions than their cap or want to exceed the limit.
Carbon accounting refers to the measurement of greenhouse gas emissions an organisation produces. It is used for reporting purposes and for strategizing environmental policies to reduce emissions.
The carbon budget is used to determine climate policy and set emission targets. The cumulative net global carbon dioxide emissions can limit global warming and stop climate change. Emissions above the carbon budget will raise global temperatures.
A carbon credit or offset permits the holder to emit a specified amount of greenhouse gas emissions. In cap and trade systems, carbon credits/offsets can be traded.
Carbon dioxide is a gas that naturally occurs in the atmosphere. Too much carbon dioxide in the atmosphere can heat the planet. It is also produced due to a wide range of human activities, such as burning fossil fuels, industrial processes, and waste.
Carbon dioxide equivalent (CO2e) is the amount of greenhouse gas equal to the amount of carbon dioxide it would take to warm the planet. It helps measure the impact of different greenhouse gases in a singular unit. For instance, 1 kg of methane is 29.8 CO2e.
The CDP is a framework for organisations, cities, and countries to report their emissions and overall environmental impact.
Carbon footprint represents all the greenhouse gas emissions by an entity or activity.
Carbon management is an organised approach to reducing a company's carbon emissions and achieving timely climate targets.
Carbon markets are trading systems for buying and selling carbon credits.
An entity or activity is carbon-negative if its net result removes greenhouse gases from the environment. It is the next step to prevent climate change after net zero emissions.
An entity is carbon neutral if it neither adds nor removes carbon emissions from the environment.
Carbon reduction refers to the reduction of greenhouse gas emissions. Various activities and policies aim to reduce carbon dioxide and other greenhouse gas emissions, for example, switching to renewable energy or recycling plastics.
Carbon removal is the process of removing carbon dioxide from the atmosphere and storing it so that it cannot be emitted back into the atmosphere.
Carbon sequestration refers to storing carbon dioxide in a place where it will not impact the environment and climate.
Carbon sink refers to the storage where the carbon dioxide removed from the atmosphere is stored.
A carbon target is a specified amount of emissions to be reduced by the end of a specified period.
2 °C is the temperature rise over pre-industrial level temperatures that is the threshold for avoiding climate catastrophes and irreversible damage to the planet.
As the Paris Agreement outlines, 1.5 °C is the ideal and agreed-upon threshold of global temperature rise by 2050 compared to pre-industrial levels. The world must reach net zero emissions by 2050 to achieve this goal.
The accuracy gap is the difference between calculated emissions and those produced. Accurate carbon accounting efforts can lead to a minimal or zero accuracy gap in emissions reporting.
