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What is the primary purpose of Carbon Credits in the context of environmental conservation and sustainability?a)To facilitate the trading of carbon emissions between countriesb)To incentivize projects that reduce or remove carbon emissionsc)To regulate the amount of carbon dioxide produced by industriesd)To penalize companies for exceeding carbon emission limitsCorrect answer is option 'B'. 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 What is the primary purpose of Carbon Credits in the context of environmental conservation and sustainability?a)To facilitate the trading of carbon emissions between countriesb)To incentivize projects that reduce or remove carbon emissionsc)To regulate the amount of carbon dioxide produced by industriesd)To penalize companies for exceeding carbon emission limitsCorrect answer is option 'B'. Can you explain this answer? covers all topics & solutions for UPSC 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for What is the primary purpose of Carbon Credits in the context of environmental conservation and sustainability?a)To facilitate the trading of carbon emissions between countriesb)To incentivize projects that reduce or remove carbon emissionsc)To regulate the amount of carbon dioxide produced by industriesd)To penalize companies for exceeding carbon emission limitsCorrect answer is option 'B'. Can you explain this answer?.

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