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What is carbon exchange?

Updated: 4/28/2022
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15y ago

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Answer 1:

Is when two things exchange gases one gets oxgen the other carbon.

Answer 2:

Er, no. Carbon Exchange is the system whereby different countries exchange carbon credits. For example, co-operating nations may agree that everyone in the world is allowed to use 1 tonne of carbon a year. People from country A actually use 50 tonnes but have lots of money, people from country B use less than .1 and are poor. So B sell their carbon quota to A and everyone is happy for a short while. Then B tries to spend the money and suddenly they are using a tonne of carbon like everyone else but have no credits left to cover it. So country A makes a big speech denouncing B as a polluter while posturing as saviour of the planet even though it's polluting at 50 times the rate of B. Answer 3: Political cynicism aside anwer 2 is in fact correct. It has nothing to do with gas exchange. It is essentially a trading system whereby countries and corporations can buy credits to offset their carbon pollution.

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