Abstract: An electronic trading system and method for facilitating the creation of emission reducing projects and trading emission reductions benefits are provided. An emission reducing project is a project that reduces the amount of carbon dioxide equivalent emissions generated by a supplier or the supplier's operation. A volume of emission reduction benefits is generated from the emission reducing project. The volume of emission reduction benefits is based at least in part on the amount of carbon dioxide equivalents that is removed from or prevented from entering the environment. The emission reduction benefits may be stored in a warehouse. The warehouse may divide the volume of emission reduction benefits into smaller volumes to be sold to buyers and/or customers. The carbon management application may manage the sale of the emission reduction benefits to buyers and customers.