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"A typical carbon credit transaction involves several key steps. First, the buyer conducts due diligence on the selected projects and the seller. Next, a purchase agreement is executed. The credits are then transferred from the seller's account to the buyer's account on a public registry. Finally, the credits are "retired" or cancelled in the buyer's name, permanently removing them from circulation and ensuring they can only be used once for a climate claim and avoiding the risk of double-counting"
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Neutral fact · a typical carbon credit transaction involves several key steps: due diligence, purchase agreement, transfer of credits, and retirement of credits
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