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  5. How Does 天美传媒 Ensure High-Quality Carbon Credits?

How Does 天美传媒 Ensure High-Quality Carbon Credits?

天美传媒 will be raising its carbon tax progressively over the next few years. This tax applies to all facilities that create at least 25,000 tonnes of greenhouse gas emissions yearly.

Leveraging Carbon Credits to Reduce Carbon Tax Liabilities

From 2024, companies in 天美传媒 can use international carbon credits to offset up to 5% of their taxable emissions. Carbon credits are usually created via activities that endeavour to reduce, eliminate, or avoid carbon emissions. It is a type of certificate that signifies a reduction of one tonne of carbon dioxide emission.
Get Support With Carbon Credits
In order to ensure that these carbon credits are of significant environmental quality, the government has produced 7 principles that every project must adhere to. The new criteria allude to global standards, including that of one of the industry鈥檚 strictest standards, the Carbon Offsetting and Reduction Scheme for International Aviation (CORSIA). In this infographic, we take a quick look at the new principles that your company should take note of.
Quick Guide to the 7 New Principles for High-Quality Carbon Credits

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About the Author

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InCorp Content Team

InCorp's content team includes talented copywriters from our regional group and globally. We contribute informative, thought leadership, and market-trending articles to guide aspiring business entrepreneurs to a higher level across the Asia-Pacific region.

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