What is NOT true with regard to 'Carbon Credit'? Options: A . &nbspIt represents the right of an Industry to emit certain quantity of Carbon Dioxide. B . &nbspCarbon Credits mechanism was formalized in Kyoto Protocol. C . &nbspCarbon Credits are currently traded on 5 exchanges across the globe. D . &nbspNone of the above.

What is NOT true with regard to 'Carbon Credit'?

Question

What is NOT true with regard to 'Carbon Credit'?

Options:

A . It represents the right of an Industry to emit certain quantity of Carbon Dioxide.

B . Carbon Credits mechanism was formalized in Kyoto Protocol.

C . Carbon Credits are currently traded on 5 exchanges across the globe.

D . None of the above.

Answer: Option D

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