Preheat oven to 425 degrees. Grease a baking sheet with nonstick cooking spray, set aside. Cut carrots on a bias making sure to keep them similar in size. Place them in a single layer on the prepared baking sheet.
Add butter to a medium saucepan and cook over medium heat until light brown / caramel in color. This takes about 5-10 minutes. Make sure to keep and eye on it so butter does not burn. It also helps to use a light colored saucepan for this. Add the honey to the browned butter and stir to combine.
Pour the honey butter onto the carrots and toss until the carrots are evenly covered with the honey butter.
Bake for 20 minutes or until golden brown and tender. If you want extra caramelization broil on high for 1-2 minutes. Just make sure to keep a very close eye on them so they do not burn.