The UN approximates that the world gives off 30 billion tons of carbon dioxide each year, with the leading ten carbon producing nations comprising more than two-thirds of the total emissions. If you're a local of any of those ten nations, it might be a great idea to purchase carbon credits marketed by Emerald Knight. Reduction, in this case, is rewarded with benefits and bonuses.
China is the top nation on the listing, recorded to have produced around 7 billion tons of co2 in 2009 (not including Macau and Hong Kong). Next on the list is the United States, with over five billion tons (including all its areas). Other heavy carbon emitting countries are India, Russia, Japan, Germany, Canada, Iran, the U.K., and South Korea. Except Iran, many of those in the listing are financial powerhouses.
The carbon credit system begins by enforcing an annual limitation on the emissions by specific industries. The remaining credit can be sold to another manufacturing facility or company if a manufacturing plant manages to produce less carbon dioxide than the allowable restriction. Those who produce more need to buy the excess credits to increase their initial limitation.
The manufacturing facility that decreased its carbon footprint will obtain additional earnings by offering what's left of its carbon limitation. The limit decreases annually, requiring industries to reduce emissions or run the risk of spending on purchasing carbon credits. The top carbon emitters are identified to cut down on their emissions to strike their name off the list.
There's no particular rate for carbon credits in the market, but estimates claim that it's at USD 10, more or less. Carbon credits marketed by Emerald Knight can be bought or sold from one business or sector to the other, working as a distinct reward system. Carbon credits will stay for as long as the world produces CO2 past acceptable levels. It simply goes to reveal that there's a cost to pay, literally, for bringing harm to Mother Nature and her children.
Read an easily digestible description of the carbon credit system by seeing EnvironmentForBeginners.com. For data on carbon footprints of countries, go to the Millennium Development Goals Indicators' site at mdgs.un.org.
Analyzing the Perks of Emerald Knight Carbon Credits