Carbon credits are permits that allow the owner to emit a certain amount of carbon dioxide or other greenhouse gases (GHGs). One credit allows the emission of one ton of carbon dioxide or the equivalent of other greenhouse gases. Carbon credits are also known as carbon allowances.
The ultimate goal of the carbon credit system is to reduce the emission of GHGs into the atmosphere.
U.S. Carbon Credits
Cap-and-trade programs remain controversial in the United States, but 13 states have adopted such market-based approaches to reducing greenhouse gases, according to the Center for Climate and Energy Solutions. Eleven of them are Northeast states that banded together to jointly attack the problem through a program known as the Regional Greenhouse Gas Initiative (RGGI)
Who Can Sell Carbon Credits?
Carbon credits can only be sold or purchased by businesses and governments. Carbon offsets, however, are carbon credits available on the voluntary carbon market. The voluntary carbon market enables entities participating in an emissions reduction project to sell credits that are not regulatory in nature. Anyone can purchase these credits.
Investco (IOG) ventures into the Carbon Credit Marketplace
Investco (IOG) has teamed with a “Family Office” to test and prepare, with the needed regulatory documentation and requirements, to buy and sale carbon credits. Via our aggressive “Acquistion and Divestiture” programs, Investco (IOG) will have in place the valued assets to participate.