Carbon offset

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Related to CO2 offset: Carbon offsetting

Carbon offset

A system intended to equalize carbon production around the globe by trading greenhouse gas emissions—typically produced through fossil-fuel consumption—for environmentally friendly actions, such as planting trees and using clean energy sources. For example, a factory or production facility may not be able to reduce its own carbon footprint any further through its own actions, so it may voluntarily purchase credits for another party to offset their actions. The goal of carbon offsets is to attain a carbon-neutral overall effect.
References in periodicals archive ?
The CO2 offset programme, run by JP Morgan Climate Care, an internationally respected CO2 offset provider, is part of a transitional mechanism the company is using whilst it works to improve carbon management across the business.
Owners of the high-performance BMW 650 and Mercedes Benz GL 4x4 were highlighted as the group who did least with just 16 and 11 tonnes of CO2 offset respectively.
Flashview provides statistics, graphs and illustrations regarding the system's energy production and CO2 offset.
Dubai: Land Rover has launched a CO2 offset initiative in the Gulf and Levant which will offset the first 72,000km of customer use on all Range Rover, Range Rover Sport, Land Rover LR3, Land Rover LR2 and Defender vehicles sold in the Gulf and Levant from October 1.
LAND ROVER has announced that its CO2 offset programme, where customers pay a fee to offset the CO2 produced by their vehicle during manufacture and the first 72,000kms of its life, has been extended to the Middle East.
In response to customer demand, Land Rover is even giving owners the opportunity to reduce their impact on the environment by widening its industry-leading CO2 offset programme.
It is estimated that the company's solar-electric system will cut greenhouse gas emissions by nearly 94 metric tons annually -- the equivalent CO2 offset of 2,406 tree seedlings planted or taking 12 cars off the road each year.
In addition to reducing the carbon footprint of its vehicles, Land Rover's commitment to the environment includes operating an industry leading CO2 Offset Programme to balance manufacturing and customer vehicle use in the UK and a growing number of international markets.
First Reserve has an active investment program in the renewable energy sector and has invested in companies covering biofuels; waste to energy; CO2 offset origination; and solar and wind generation.
COLLIERS Land Rover in Erdington is extending the availability of its industryleading CO2 offset programme because of customer demand.
Land Rover is to widen its CO2 offset programme in a further bid to combat its 'gas guzzling' image.
4 metric tons annually--the equivalent CO2 offset of 1,549 tree seedlings planted or taking 12 cars off the road each year.