The increase in levels of greenhouse gases in our atmosphere, specifically CO2, is attributed mostly to large-scale industrialization. Since the mid-1700s, huge factories, using machines that ran on fossil fuels, have spewed their emissions into our air. Over time, this continuous accumulation of carbon dioxide has contributed to what is known today as Worldwide Warming. Aside from the burning of fossil fuels, the systematic clearing of forests to make way for more factories and various other human structures has also added to the increase of CO2 dioxide in the atmosphere.

Moved by a growing awareness about harmful levels of Greenhouse Gasses and the resulting Worldwide Warming phenomena, governments and private organizations saw the need to implement systems that would help reduce the amount of carbon dioxide dioxide in the atmosphere. Carbon dioxide buying and selling, sometimes referred to as emissions dealing, is a joint effort designed to limit the amount of CO2 that corporations, organizations and other entities produce over a specific period of time.

In carbon exchanging, the amount of CO2 that participants are permitted to produce is determined and assigned by a governing body. This right or permit to discharge carbon dioxide is assigned in terms of CO2 credits which correspond to a specific volume of CO2 produced as a result of a organization or organization’s day-to-day operations. If ever a participant goes below the credits it has been assigned, the surplus may be sold or traded to others who are in need of more CO2 credits to support their activities. The main objective of this scheme is for organizations and other organizations to adapt and to use more environment-friendly technologies and fuel sources.

In places where large areas of forest and vegetation exist, such natural resources are considered as “carbon sinks” because trees and plants require carbon dioxide dioxide for photosynthesis. Organisations and organizations may select, care for and develop these resources as assets. Carbon dioxide sinks carry equivalent CO2 credit values. Therefore, CO2 sinks may also be utilised traded by participants in the CO2 market.

Specific companies globally are now combating this significant issue by providing tree planting and carbon exchanging support services. They manage and maintain carbon sink assets for their clients. Their services include actual land preparation, provision of seeds and seedlings, upkeep of the asset, and other related services. These companies are registered with their governing bodies to provide these CO2 CO2 services in this new emerging environmental industry. In Australia, a leader in CO2 regulation and control is accrediting businesses under a new NSW Greenhouse CO2 gas Abatement Scheme (GGAS).

Financial markets especially in Europe are opening now to carbon exchanging placing a hot fire into the belly of this simple and amazing idea. If the idea sticks and finds traction in financial circles it will be driven globally very quickly. Let’s hope carbon dioxide exchanging takes hold globally lest we have to face a mid 21st century with major environmental challenges created by world wide warming.

Discover more about carbon credits and carbon trading and get a deeper understanding on how you can help in saving the environment.

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