Every social environment has a carbon footprint and is measured on the emissions of GHG (Greenhouse gasses) by means of assessing the amount of carbon dioxide emitted by an organisation. Our weather patterns and environment are hugely affected by GHG’s which we are all major contributors of on a daily bases.
An organisations carbon footprint can be placed into one of two parts. The first being the primary footprint, these are direct emissions which we have control of such as gas, oil coal and transport. The secondary footprint is indirect emissions which are caused from manufacturing and the products we use on a daily bases, invariably the more shopping we do the more we contribute to the GHG’s.
Carbon Credits have been introduced into the market sector to help reduce the emissions of CO₂ by means of reward or penalties. Under cap and trade laws of the environment, there is a limit to the amount of greenhouse gases companies can emit. Companies who exceed this limit may purchase carbon credits from other organisations that produce less GHG’s. In Europe last year the financial market for carbon credits was at 130 billion dollars.
The less we use the more we gain.