In theory, carbon credits are a way for individuals and companies to offset their emissions from carbon-intensive activities, like flying. But do these credits actually work in practice?
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Have you ever purchased a ticket for a flight online and have them ask you if you want to buy a carbon credit? What is that? And can carbon credits really slow down the climate crisis?
It might sound like all hype, but carbon credits are becoming increasingly popular. By 2050, the demand for them could explode by a factor of 100.
Carbon credits are essentially tradable permits or certificates that give you the right to emit 1 metric ton of carbon dioxide or any other equivalent greenhouse gas.
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