A carbon credit is a traceable, tradable, and finite permit or certificate representing 1 metric ton of carbon dioxide (CO2) (2,204.6 lbs) that has been removed from or prevented release into the atmosphere, which is generated as a result of practice changes on your farm or ranch. Projects must be registered to a carbon standard and have emission reductions/removals verified to produce carbon credits; the credits can be bought and sold like any other fungible asset.