Types of Carbon Credits: Removal, Avoidance, Reduction & Market Types
Carbon credits are classified based on how emissions are addressed and where credits are traded. Classification considers mechanisms such as carbon removal credits, avoided emission credits, and reduction based credits, as well as market use in compliance or voluntary systems. Each credit represents one metric ton of carbon dioxide equivalent. Examples include reforestation, renewable energy […]
What Is a Registered Vehicle Scrapping Facility (RVSF)? | MMCM
A Registered Vehicle Scrapping Facility is a government authorized facility that safely dismantles end of life vehicles under the Motor Vehicles (Registration and Functions of Vehicle Scrapping Facility) Rules, 2021. These facilities verify ownership, carry out de-pollution, recover recyclable materials, and issue a Certificate of Deposit or Destruction. The certificate enables legal vehicle deregistration and […]