What is another word for carbon credits?
Pronunciation: [kˈɑːbən kɹˈɛdɪts] (IPA) 
Carbon credits, also known as greenhouse gas credits, are a type of tradable permit that allows organizations to emit a certain amount of carbon dioxide and other greenhouse gases. However, there are other terms sometimes used synonymously with carbon credits, including carbon offsets, emission reductions, carbon allowances, and carbon trading. Carbon offsets refer to the process of compensating for carbon emissions by funding a project that reduces emissions elsewhere, while emission reductions simply refer to the reduction of carbon emissions. Carbon allowances are similar to credits but usually are distributed by governments to organizations to help meet emission-reducing targets. Carbon trading is the broader term used to describe the buying and selling of carbon credits and other forms of emission reduction or offset solutions.
