User talk:Avitemplers

'''As a result of increased concern over global warming because of greater carbon emissions in the atmosphere, national administrations and other organizations have been searching for effective solutions to the problem of pollution. Carbon offset and carbon trading are among the most effective methods being practiced for attaining this. In carbon trading, carbon credits are purchased and sold in the market by businesses. The credits allow companies to go beyond their prescribed quota of greenhouse gas emissions and not face the burden of a penalty for doing so. The basic advantage of the carbon trading method is that it incentivizes reduction in emissions. The idea is that businesses will realize that adopting greener processes of doing business is more gainful than paying for carbon credits. If the firm is made to shell out money for emitting the gases then it would try to use greener techniques to score over other companies. As an increasing number of companies follow this system, with the passage of time the overall emissions around the world will decline gradually, having a positive effect on the environment. One more advantage of the carbon trading system is its free market model that permits any company to buy carbon credits or offer them for sale. As it does not involve any direct government interference to impose fines or to create local rules, this system is more successful. The biggest problem however with carbon trading is that an international framework for trading is yet to be formulated. As most of the trading takes place in the global markets, it is hard for some regional companies to follow this system.