Business opprtunities with carbon credit

- Firstly, the advantages of carbon credits mean that the money from the purchases of carbon credits is used to create renewable energy projects and develop sources of renewable energy from wind turbines and solar panels for example. - Energy saving initiatives are also created using carbon credits. People in the developing world are often given investment to help them save energy. - These renewable technologies and energy saving schemes are often put into action in poorer nations, meaning a boost for the local economy, and the opportunity to improve the quality of life for local inhabitants. - The advantages of carbon credits can also provide employment for both people in the developed world and the developing world, this is through the manufacture and installation of renewable energy products. - Carbon credits in theory should help to reduce carbon emissions. - The advantages of carbon credits mean that some of the schemes used like protecting rainforest have other environmental benefits. Though schemes like this are clearly flawed because they are not offsetting any carbon like they should be doing, but are merely stopping more being released by the cutting down of trees.