Question Details

Detailed explanation and options for the selected question.

Regarding carbon credits, which statement is NOT correct?

A. They were ratified in conjunction with the Kyoto Protocol
B. Credits are awarded to entities that reduce emissions below quota
C. The goal is to limit CO2 emission increases
D. Credits are traded at a price fixed by UNEP

Explanation:

Explanation: Carbon credits are not traded at a price fixed by UNEP; their price is market-determined.