Regarding "carbon credits", which one of the following statements is not correct?

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CollectorBabu · Accepted Answer

Correct Answer: Carbon credits are traded at a price fixed from time to time by the United Nations Environment Programme.. Carbon credit is a financial instrument showing tonnes of carbon dioxide gas either removed or reduced from atmosphere by emission reduction project for offsetting damaged carbon emissions what are being generated. Carbon credits prices are not fixed by UNEP which originated by emission reduction activities under variety of voluntary and compliance market mechanisms, schemes and standards.

Regarding "carbon credits", which one of the following statements is not correct?

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