Billion and Carbon credits: Difference between pages

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1.
''Environmental policy''.  
 
One thousand million (1,000,000,000 or 10<sup>9</sup>).
 
For example
 
EUR 456 billion = EUR 456,000,000,000.
 
Often abbreviated to 'bn' or 'Bn'.  For example EUR 456bn.
 
 
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 most practical purposes - defunct.


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 ==
== See also ==
* [[Trillion]]
* [[Cap and trade]]
* [[Carbon trading]]
* [[CRC Energy Efficiency Scheme]]

Revision as of 04:58, 3 August 2013

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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