
Retirement of a carbon credit or offset represents its “use” to counterbalance emissions that take place elsewhere. Once retired, a carbon credit can no longer be traded or retired again.

Retirement of a carbon credit or offset represents its “use” to counterbalance emissions that take place elsewhere. Once retired, a carbon credit can no longer be traded or retired again.
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Under CCS, carbon emissions are captured and permanently stored, for example in geological storage sites.
Carbon Capture, Utilisation and Storage (CCUS) is a method of reducing carbon dioxide emissions by trapping the gas for industrial use or permanent storage, preventing its release into the atmosphere.
Technology and nature-based carbon capture are two approaches that are viable and crucial tools needed to stabilise atmospheric concentrations of CO2.
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