Discover the transformative updates to India’s carbon credit trading scheme in 2023, executed under the purview of the Energy Conservation Act, 2001. In a groundbreaking move, the central government, in collaboration with the Bureau, has introduced substantial amendments, spotlighting an innovative “offset mechanism.” This game-changing development empowers non-obligated entities to actively engage in the carbon […]
Plastic pollution and climate change are the biggest environmental challenges of our time. To reduce the impact of these issues, many initiatives have come up in today’s time. Plastic credit and carbon credit are two different things. Plastic Credit focuses on tackling the problem of plastic waste and pollution. This incentivizes efforts to reduce, recycle and manage plastic waste. These credits provide a way for organizations to take responsibility for their plastic consumption and contribute to a more sustainable future.
Have you heard of carbon credits but aren’t sure what they are or how they work? Read this comprehensive guide to find out all your need to know about carbon credits. Carbon credits are a way to reduce greenhouse gas emissions by trading or purchasing the right to emit a certain amount of carbon dioxide