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Consider the following statements regarding Carbon offsetting.
- Carbon offsetting allows a country to help reach its own emissions reduction targets by funding emission reductions in another country.
- The United Nations Clean Development Mechanism (CDM) set up under the 1997 Kyoto Protocol is first major Carbon offsetting scheme.
- Carbon offsets can be bought by individuals, companies or countries.
Which of the above statements is/are correct?
- a)1, 2
- b)1, 3
- c)2, 3
- d)1, 2, 3
Correct answer is option 'D'. Can you explain this answer?
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Verified Answer
Consider the following statements regarding Carbon offsetting. Carbon ...
- Carbon offsetting allows a country to help reach its own emissions reduction targets by funding emission reductions in another country. Companies are also increasingly using carbon credits to offset their emissions.
- The first major offsetting scheme, the U.N.s clean development mechanism (CDM), was set up under the 1997 Kyoto Protocol, in which 190 countries agreed country-by-country emission reduction targets.
- The scheme was designed to help fund emission reduction projects in developing countries, while also providing offset credits to the developed world to help meet its Kyoto targets.
- Carbon offset schemes cover all greenhouse gases but are measured in terms of carbon dioxide equivalent and can be awarded carbon credits.
- More than 8,100 projects in 111 countries have registered with the CDM scheme, which has handed out over 2 billion carbon credits, called Certified Emission Reductions (CERs), representing 2 billion tonnes of carbon dioxide reduction.
- Projects registered under the scheme range from capturing and using methane gasses in pig manure to create electricity to replacing traditional wood and coal burning cookstoves with cleaner alternatives such as ethanol. Offsets can be bought by individuals, companies or countries.
Most Upvoted Answer
Consider the following statements regarding Carbon offsetting. Carbon ...
The correct answer is option 'D' - 1, 2, 3.
Carbon offsetting is a process by which individuals, companies, or countries can compensate for their greenhouse gas emissions by funding emission reduction projects in other locations. It allows countries to help reach their emissions reduction targets by supporting projects that reduce emissions in another country. The United Nations Clean Development Mechanism (CDM) is the first major carbon offsetting scheme established under the 1997 Kyoto Protocol. Carbon offsets can be bought and utilized by individuals, companies, or countries.
- Carbon offsetting allows a country to help reach its own emissions reduction targets by funding emission reductions in another country.
- This statement is correct. Carbon offsetting provides a mechanism for countries to contribute to emissions reduction efforts beyond their borders. By funding emission reduction projects in other countries, they can offset their own emissions and work towards meeting their targets.
- The United Nations Clean Development Mechanism (CDM) set up under the 1997 Kyoto Protocol is the first major carbon offsetting scheme.
- This statement is correct. The CDM was established as a part of the Kyoto Protocol, an international agreement aimed at reducing greenhouse gas emissions. The CDM allows developed countries to invest in emission reduction projects in developing countries and receive certified emission reduction credits in return.
- Carbon offsets can be bought by individuals, companies, or countries.
- This statement is correct. Carbon offsets are available for purchase by individuals, companies, or countries. They can buy these offsets to compensate for their own emissions and support emission reduction projects elsewhere.
In conclusion, all the given statements regarding carbon offsetting are correct. It is a mechanism that allows countries to meet their emissions reduction targets by financing emission reductions in other countries. The United Nations Clean Development Mechanism (CDM) is the first major carbon offsetting scheme, and carbon offsets can be purchased by individuals, companies, or countries.
Carbon offsetting is a process by which individuals, companies, or countries can compensate for their greenhouse gas emissions by funding emission reduction projects in other locations. It allows countries to help reach their emissions reduction targets by supporting projects that reduce emissions in another country. The United Nations Clean Development Mechanism (CDM) is the first major carbon offsetting scheme established under the 1997 Kyoto Protocol. Carbon offsets can be bought and utilized by individuals, companies, or countries.
- Carbon offsetting allows a country to help reach its own emissions reduction targets by funding emission reductions in another country.
- This statement is correct. Carbon offsetting provides a mechanism for countries to contribute to emissions reduction efforts beyond their borders. By funding emission reduction projects in other countries, they can offset their own emissions and work towards meeting their targets.
- The United Nations Clean Development Mechanism (CDM) set up under the 1997 Kyoto Protocol is the first major carbon offsetting scheme.
- This statement is correct. The CDM was established as a part of the Kyoto Protocol, an international agreement aimed at reducing greenhouse gas emissions. The CDM allows developed countries to invest in emission reduction projects in developing countries and receive certified emission reduction credits in return.
- Carbon offsets can be bought by individuals, companies, or countries.
- This statement is correct. Carbon offsets are available for purchase by individuals, companies, or countries. They can buy these offsets to compensate for their own emissions and support emission reduction projects elsewhere.
In conclusion, all the given statements regarding carbon offsetting are correct. It is a mechanism that allows countries to meet their emissions reduction targets by financing emission reductions in other countries. The United Nations Clean Development Mechanism (CDM) is the first major carbon offsetting scheme, and carbon offsets can be purchased by individuals, companies, or countries.
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Consider the following statements regarding Carbon offsetting. Carbon offsetting allows a country to help reach its own emissions reduction targets by funding emission reductions in another country. The United Nations Clean Development Mechanism (CDM) set up under the 1997 Kyoto Protocol is first major Carbon offsetting scheme. Carbon offsets can be bought by individuals, companies or countries.Which of the above statements is/are correct?a)1, 2b)1, 3c)2, 3d)1, 2, 3Correct answer is option 'D'. Can you explain this answer?
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Consider the following statements regarding Carbon offsetting. Carbon offsetting allows a country to help reach its own emissions reduction targets by funding emission reductions in another country. The United Nations Clean Development Mechanism (CDM) set up under the 1997 Kyoto Protocol is first major Carbon offsetting scheme. Carbon offsets can be bought by individuals, companies or countries.Which of the above statements is/are correct?a)1, 2b)1, 3c)2, 3d)1, 2, 3Correct answer is option 'D'. Can you explain this answer? for UPSC 2024 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about Consider the following statements regarding Carbon offsetting. Carbon offsetting allows a country to help reach its own emissions reduction targets by funding emission reductions in another country. The United Nations Clean Development Mechanism (CDM) set up under the 1997 Kyoto Protocol is first major Carbon offsetting scheme. Carbon offsets can be bought by individuals, companies or countries.Which of the above statements is/are correct?a)1, 2b)1, 3c)2, 3d)1, 2, 3Correct answer is option 'D'. Can you explain this answer? covers all topics & solutions for UPSC 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Consider the following statements regarding Carbon offsetting. Carbon offsetting allows a country to help reach its own emissions reduction targets by funding emission reductions in another country. The United Nations Clean Development Mechanism (CDM) set up under the 1997 Kyoto Protocol is first major Carbon offsetting scheme. Carbon offsets can be bought by individuals, companies or countries.Which of the above statements is/are correct?a)1, 2b)1, 3c)2, 3d)1, 2, 3Correct answer is option 'D'. Can you explain this answer?.
Consider the following statements regarding Carbon offsetting. Carbon offsetting allows a country to help reach its own emissions reduction targets by funding emission reductions in another country. The United Nations Clean Development Mechanism (CDM) set up under the 1997 Kyoto Protocol is first major Carbon offsetting scheme. Carbon offsets can be bought by individuals, companies or countries.Which of the above statements is/are correct?a)1, 2b)1, 3c)2, 3d)1, 2, 3Correct answer is option 'D'. Can you explain this answer? for UPSC 2024 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about Consider the following statements regarding Carbon offsetting. Carbon offsetting allows a country to help reach its own emissions reduction targets by funding emission reductions in another country. The United Nations Clean Development Mechanism (CDM) set up under the 1997 Kyoto Protocol is first major Carbon offsetting scheme. Carbon offsets can be bought by individuals, companies or countries.Which of the above statements is/are correct?a)1, 2b)1, 3c)2, 3d)1, 2, 3Correct answer is option 'D'. Can you explain this answer? covers all topics & solutions for UPSC 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Consider the following statements regarding Carbon offsetting. Carbon offsetting allows a country to help reach its own emissions reduction targets by funding emission reductions in another country. The United Nations Clean Development Mechanism (CDM) set up under the 1997 Kyoto Protocol is first major Carbon offsetting scheme. Carbon offsets can be bought by individuals, companies or countries.Which of the above statements is/are correct?a)1, 2b)1, 3c)2, 3d)1, 2, 3Correct answer is option 'D'. Can you explain this answer?.
Solutions for Consider the following statements regarding Carbon offsetting. Carbon offsetting allows a country to help reach its own emissions reduction targets by funding emission reductions in another country. The United Nations Clean Development Mechanism (CDM) set up under the 1997 Kyoto Protocol is first major Carbon offsetting scheme. Carbon offsets can be bought by individuals, companies or countries.Which of the above statements is/are correct?a)1, 2b)1, 3c)2, 3d)1, 2, 3Correct answer is option 'D'. Can you explain this answer? in English & in Hindi are available as part of our courses for UPSC.
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Here you can find the meaning of Consider the following statements regarding Carbon offsetting. Carbon offsetting allows a country to help reach its own emissions reduction targets by funding emission reductions in another country. The United Nations Clean Development Mechanism (CDM) set up under the 1997 Kyoto Protocol is first major Carbon offsetting scheme. Carbon offsets can be bought by individuals, companies or countries.Which of the above statements is/are correct?a)1, 2b)1, 3c)2, 3d)1, 2, 3Correct answer is option 'D'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of
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ample number of questions to practice Consider the following statements regarding Carbon offsetting. Carbon offsetting allows a country to help reach its own emissions reduction targets by funding emission reductions in another country. The United Nations Clean Development Mechanism (CDM) set up under the 1997 Kyoto Protocol is first major Carbon offsetting scheme. Carbon offsets can be bought by individuals, companies or countries.Which of the above statements is/are correct?a)1, 2b)1, 3c)2, 3d)1, 2, 3Correct answer is option 'D'. Can you explain this answer? tests, examples and also practice UPSC tests.
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