PTT pushes Carbon Credit trading to support national Net Zero Emissions 1 published : 16 Jul 2021 at 15:00 SPONSORED CONTENT 1 The Derivatives Trading Department, International Trading Business Unit, PTT Plc., is preparing for carbon credit trading, a mega trend in the energy industry. In 1997, the Kyoto Protocol mirrored the first commitment to climate change action, targeting 5% greenhouse gas (GHG) reduction compared with 1990 emissions. In 2015, at the 21st Conference of the Parties (COP21) in Paris, the Agreement on climate change was adopted, having its goal to limit global warming to well below 2 degrees Celsius, and preferably 1.5 degrees Celsius, compared to pre-industrial levels. To achieve this long-term temperature goal, countries aim to achieve net zero greenhouse gas emissions by 2050. Net zero emissions refers to achieving an overall balance between GHG emissions produced and GHG emissions taken out of the atmosphere.