_____ is a mechanism in which a ton of CO₂e is a traded commodity with a price that fluctuates based on changes in supply and demand. A) Clean Development Mechanism B) Green market C) Greenwashing D) Carbon market

Question

Quizplus · Accepted Answer

The mechanism described is the carbon market, in which carbon credits (represented by tCO2e units) are bought and sold based on supply and demand. The price of these credits can fluctuate based on various factors, such as government policies, industrial activity, and climate change goals. The Clean Development Mechanism (CDM) is a specific policy under the UN Framework Convention on Climate Change (UNFCCC) that promotes investment in emission reduction projects in developing countries. Green markets and greenwashing are not directly related to carbon trading.

_____ Is a Mechanism in Which a Ton of CO2e

_____ Is a Mechanism in Which a Ton of CO₂e