Carbon Credits Glossary

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There are currently 3 names in this directory beginning with the letter M.

Mandatory (Compliance) Market
Mandatory (compliance) markets are governed by national, regional, or provincial law and compel emission sources to meet GHG emission reduction targets. Because compliance program offset credits are generated and traded for regulatory compliance, they typically act like other commodity pricing.

Megawatt (MW)
A power measurement unit equal to one million watts. One megawatt is approximately equal to the amount of energy produced by ten car engines.

Megawatt Hour (MWh)
Equivalent to 1,000 kilowatts of continuous power consumption for one hour. It’s about comparable to the amount of power consumed by 330 households in a single hour.