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Emission Reduction Credits (ERC's)

Emission Reduction Credits (ERC's)

Represent a reduction of a given quantity of gas. In the terrestrial carbon market the unit often referred to is tCO2, or (metric) ton of carbon dioxide. Because carbon dioxide is the major greenhouse gas,



ERC's are sometimes referred to as carbon credits. Carbon dioxide and several other greenhouse gases are suspected of influencing how our atmosphere functions and potentially altering earth's climate systems.