Tag: greenhouse gas
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What Are Scope Emissions?
Scope emissions, often referred to as Scope 1, Scope 2, and Scope 3 emissions, are a categorization framework used to classify greenhouse gas emissions associated with an organization’s activities. These emissions categories are defined by the Greenhouse Gas Protocol, a widely recognized accounting tool for quantifying and managing greenhouse gas emissions. Here’s an overview of […]
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What Is Flare Gas?
Flare gas is a byproduct of oil and gas production that is often burned off or flared at oil wells, refineries, and other industrial sites. Flaring is used as a safety measure to prevent the buildup of potentially explosive gases, but it is also a significant source of greenhouse gas emissions. Flare combustion is considered […]
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Carbon Credit Trading in Action: Real-World Examples
Carbon credit trading has been implemented in a number of countries and regions around the world, with varying degrees of success. Here are a few examples of carbon credit trading in action: These are just a few examples of carbon credit trading in action. While each program has its own unique features and challenges, they […]
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What Is GHG?
GHG stands for greenhouse gas. Greenhouse gases are gases that trap heat in the Earth’s atmosphere, causing the Earth’s average temperature to rise. This process is known as the greenhouse effect. There are many different greenhouse gases, but the most important ones are carbon dioxide (CO2), methane (CH4), and water vapor (H2O). These gases are […]
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How Much Carbon Do Americans use?
Lifestyle, location, commuting, traveling are some factors that can greatly impact carbon emissions used on an individual level. However, some estimates can provide a general idea of the carbon footprint of Americans. According to data from the U.S. Environmental Protection Agency (EPA), the average American generates about 16.5 metric tons of carbon dioxide equivalent (CO2e) […]
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What Are Carbon Credits? The Role of Decentralized Finance Protocols
If you’re not familiar with the term, carbon credits are a type of tradeable certificate that represents the right to emit one metric ton of carbon dioxide or its equivalent in other greenhouse gases. They can be bought and sold in an effort to offset emissions of carbon dioxide and other greenhouse gases. In other […]