Those who can plant get credit, and those who can't have to buy the credit, which impressed me.
Listen to this impressive report.
Voluntary Markets:
These markets operate outside of mandatory regulations, with companies voluntarily purchasing carbon credits to offset their emissions or meet sustainability goals.
How Carbon Markets Work:
Establishing a Baseline: Governments or organizations set a baseline for allowable emissions.
Allocating Allowances or Credits: In ETS, allowances are allocated to participating entities, while in voluntary markets, credits are generated by projects that reduce or remove greenhouse gases.
Trading: Entities that can reduce emissions below their allowance or credit level can sell their excess allowances or credits to those who need to buy them to comply with regulations or meet their sustainability goals.