Iift 2010 Question 59
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IIFT 2010
CO2 emission required for USA = 225 million tonnes
CO2 emission required for China = 202.5 million tonnes
Required reduction for USA = 975 million tonnes
Required reduction for China = 977.5
O.5 million tone of CO2 ----> 1.25 carbon credits
In one year, a country can purchase 65 carbon credit
In one year, 26 million tonnes of CO2is compensated.
Required time = 977.5 / 26 = 37.59 years
Hence, option B is the correct answer.