UPSC General Studies Solved Paper - General Studies-2011

  • question_answer
    Regarding 'carbon credits', which one of the follow statements is not correct?

    A)  The carbon credit system was ratified in conjunction with the Kyoto Protocol

    B)  Carbon credits are awarded to countries of groups that have reduced greenhouse gases below their emission quota

    C)  The goal of the carbon credit system is to limit the increase carbon dioxide emission                                   

    D)  Carbon credits are traded at a price fixed from time to time United Nations Environment Programme

    Correct Answer: D

    Solution :

    Exp. [d] Carbon credits are not traded at fixed prices under the aegis 7 the UN Environment Programme.

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