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Decarbonization - Coggle Diagram
Decarbonization
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Carbon trading
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If a country or company emits less than their allotted amount, they can sell their unused credits to those who exceed their limit
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This creates an incentive for companies and countries to reduce their emissions, as it can be financially beneficial to do so
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Definition: The term decarbonization refers to a large reduction of CO2 per value of gross world product