R36m raised in carbon credit auction for CoCT waste-to-energy project

The City of Cape Town has raised R36 million in an auction of carbon credits for a project that will convert waste to energy in an effort to combat greenhouse emissions. Carbon credits are used to ‘incentivise the reduction of greenhouse gas emissions’. Also read: Green Riders: E-bikes tackling youth unemployment in South Africa According to News24, legislation regulates the … Continue reading R36m raised in carbon credit auction for CoCT waste-to-energy project