Carbon offset

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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 ?
Other than forest regeneration, ALI shared that it is using a combination of strategies to reach its carbon neutrality target, such as the implementation of passive cooling design in its developments, energy efficiency and renewable energy sourcing.
Morgan Stanley (NYSE:MS) has announced a new goal to achieve carbon neutrality for global operations by 2022, the company said.
TEHRAN (FNA)- To limit climate change, experts say that we need to reach carbon neutrality by the end of this century at the latest.
Transline Group is thought to be the only large provider agency in the UK to achieve carbon neutrality.
Although the apparent carbon neutrality of wood-burning may make it appear to be environmentally-friendly, there is growing evidence of adverse health effects from wood smoke," he warned.
Signatories to the charter, which was initiated in 2007, make planning for compact, complete and energy-efficient communities a priority, and report every year on their progress toward these goals as well as on achieving carbon neutrality in their corporate emissions.
The report by the UN Environment Program and the World Resources Institute said the planet must aim for global carbon neutrality by mid-to-late century to head off the worst effects of climate change.
The Pacific Northwest city is pursuing a goal of carbon neutrality by 2050.
After earning the Governor's Sustainability Award in 2011, the college has continued to make aggressive strides toward its lofty goal of campus carbon neutrality in 2058.
The president of the Maldive Islands, now disappearing under our rising ocean, has called carbon neutrality "the most important decision a head of state could ever make.
Tracking LEED Gold, the building helps fulfill UB's commitment to sustainability and carbon neutrality by 2030.
Charles Stephenson, CEO of AGT, now into its second year of working with Lotus F1 Team to help it reach carbon neutrality, says: “We're proud to be working with this team, which excelling in terms of performance as well as making great efforts to negate the environmental effect of the huge global logistical team operation now underway for this year's World Championship.