CBAM and Carbon Credits: A Path to Sustainable Commerce
The Frontier Carbon Adjustment Mechanism (CBAM) and carbon credits are revolutionizing sustainable trade, offering a new approach to reducing global emissions. By integrating these tools, the European Union seeks to level the playing field, ensuring imported products meet the same rigorous environmental standards as domestic products. It is […]
Carbon credits: the marketing of greenhouse gas reduction
It is known that with the increase of industries and modernization, greenhouse gas emissions (GEES) are getting bigger. These gases are known to be responsible for the increase in global warming and, thereby, aiming for sustainable development, in 1997, the Kyoto Protocol gave rise to the so-called "Carbon Credits". in the end […]