Billion and Carbon credits: Difference between pages

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imported>Doug Williamson
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imported>Administrator
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1.  
''Environmental policy''.
Key component of national and international attempts to reduce the increase in concentrations of greenhouse gases.  One Carbon Credit is equal to one ton of Carbon.  


One thousand million (1,000,000,000 or 10<sup>9</sup>).
== See also ==
* [[Cap and trade]]
* [[Carbon trading]]
* [[CRC Energy Efficiency Scheme]]


For example
EUR 123 billion = EUR 123,000,000,000.
Often abbreviated to 'bn' or 'Bn'.  For example EUR 123bn.
2.
Historically in the UK and some other countries, 'billion' used to refer mathematically to 1,000,000,000,000 (or 10<sup>12</sup>).
 
This historical usage never became well-established in finance, and is now - for practical purposes - defunct.
== See also ==
* [[Trillion]]

Revision as of 14:12, 23 October 2012

Environmental policy. Key component of national and international attempts to reduce the increase in concentrations of greenhouse gases. One Carbon Credit is equal to one ton of Carbon.

See also


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