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United States Greenhouse Gas Emissions Article
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Understanding Carbon Credit For Emissions Reduction Programs
from:Basically the carbon credit for emissions reduction programs are a way to cap or limit the amount of carbon in the form of greenhouse gases that industries can produce. Carbon, in the form of greenhouse gases, is largely produced in the industrial nations of the world but has become more prevalent in many of the developing nations. One reason for this is that coal and other oil based fuels are less expensive than alternative fuels, resulting in a lower cost of production for these companies but an accompanying higher production of harmful carbon.
Carbon credit for emissions reduction programs or schemes came about as a way for national and international industries and organizations to control the amount of fossil fuel emissions in some type of standardized way. The terms of the agreement were set in the Kyoto Protocol and then further refined and determined in the later Marrakesh Accords, with allocations for carbon credit for emissions reduction included in the agreement. Each country is allowed so many carbon credits, which are equivalent to acceptable fossil fuel emissions. The individual countries that signed off on the Kyoto Protocol then allocate the total carbon credits within their various industries. Each country manages each own credit allocation that is different based on the types and amount of industry. After the allocation is made to the plant, manufacturing organization or business, the company is then responsible for staying within the quota allocated by their own government. The carbon credit for emissions reduction program provides a type of trade program that different industries and companies can trade extra, unused carbon credit for emissions reduction within their facility, to another company that is getting close to over-using their limit.
Through this program the stabilization of the use of carbon credit for emissions reduction is proving to have a great deal of positive impact on the amount of greenhouse gases. Companies that use less than their allocated carbon credits are able to trade in their efficiency for real profit, whereas the companies that are not staying within the guidelines are required to pay more for their inefficiency in production. Although some companies are still producing more carbon, overall there is a balance internationally of production of carbon.
The only issues with using the carbon credit for emissions reduction program developed through the Kyoto Protocol is that it has not been accepted or implemented by many of the leading carbon emissions producing countries. Some countries have also included a stage type implementation of the Protocol and are just now adapting full use of the carbon credit program.
United States Greenhouse Gas Emissions Specific links
United States Greenhouse Gas Emissions News
US cut its carbon emissions in 2011 — but China erased the gains - Washington Post (blog)
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Decision requiring greenhouse-gas curbs at Ferndale refineries appealed - TheNewsTribune.com
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Greenhouse Gas Emissions Gap Grows as Climate Pledges Founder - Bloomberg
 Bloomberg | Greenhouse Gas Emissions Gap Grows as Climate Pledges Founder Bloomberg The gap between the emissions cuts needed to contain global warming and actual reductions by 2020 is at risk of widening as countries including the US, Brazil and Mexico fail to meet pledges, Climate Action Tracker said. At best, commitments would lead ... Is China poor? Key question at climate talks |
At EPA Hearing, Nurses Say Cutting Greenhouse Gases Will Improve Nation's Health - Energy Digital (press release)
At EPA Hearing, Nurses Say Cutting Greenhouse Gases Will Improve Nation's Health Energy Digital (press release) Greenhouse gases warm the atmosphere, and are associated with heat waves and extreme weather events, both of which are increasing in the United States. Greenhouse gases also contribute to the formation of ozone, the leading component of smog, ... |
New Congressional report assesses impact of oilsands on US - National Post
 Circle of Blue WaterNews | New Congressional report assesses impact of oilsands on US National Post In general, he concludes, “Canadian oil sands crudes are on average somewhat more GHG emission-intensive than the crudes they would displace in the US refineries, with a range of increase from 14%-20% over the average Well-to-Wheel emissions of other ... Canadian Oil Sands and Climate Change Energy in Canada Oil industry faces challenges |