PPSC PCS 2025 · Question 99 of 100

Consider the following statements about carbon credits: 1. It is a generic term used for any tradable certificate or permit representing the right to emit a certain amount of carbon dioxide or other greenhouse gases. 2. One carbon credit represents the reduction or removal of one metric ton of carbon dioxide or an equivalent amount of another greenhouse gas. 3. The Clean Development Mechanism (CDM) under the Kyoto Protocol allows developed countries to earn carbon credits by investing in emission-reduction projects in other developed as well as developing countries. 4. There are dedicated markets for trading in carbon credits such as the EU Emissions Trading System (EU ETS). Which of the above statements are correct?

Environment

1. A1, 2, and 3 only
2. B1, 2, and 4 only
3. C2, 3, and 4 only
4. DAll of the aboveCorrect