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Which is false among the following?a.Carbon Credits are a measure of the reduction in greenhouse gas emissionb.Carbon Credits can be self-monitoredc.Carbon Credit trade is possible between countriesd.Developed countries greenhouse reduction projects in relatively un-developed country

Question

Which is false among the following?a.Carbon Credits are a measure of the reduction in greenhouse gas emissionb.Carbon Credits can be self-monitoredc.Carbon Credit trade is possible between countriesd.Developed countries greenhouse reduction projects in relatively un-developed country

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Solution

The false statement among the given options is b. Carbon Credits can be self-monitored.

Here's why:

a. Carbon Credits are a measure of the reduction in greenhouse gas emission - This is true. Carbon credits are a type of permit or certificate that provides the holder with the right to emit one ton of carbon dioxide or an equivalent of another type of greenhouse gas.

b. Carbon Credits can be self-monitored - This is false. Carbon credits are not self-monitored. They are regulated and monitored by international agreements and bodies such as the United Nations Framework Convention on Climate Change (UNFCCC).

c. Carbon Credit trade is possible between countries - This is true. Carbon credits can be traded internationally. This is part of the international approach to mitigating the growth in concentrations of greenhouse gases.

d. Developed countries greenhouse reduction projects in relatively un-developed country - This is true. Developed countries often fund greenhouse gas reduction projects in developing countries as a way to offset their own emissions. This is part of the Clean Development Mechanism (CDM) under the Kyoto Protocol.

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