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 ?
The hospitality company, which is one of the largest in the world, has agreed to become an official launch partner for United's Eco-Skies CarbonChoice corporate carbon offset program.
The contract is for the support of La Poste to achieve its carbon offset program Gas Emissions of Greenhouse Gases (GHG) emissions in international activities and program Climate Proximity in France.
The two hotels initially chosen were TIME Oak Hotel & Suites and TIME Grand Plaza Hotel which together are aiming to save over 320 tonnes of carbon emissions by the year end, the equivalent of flying a fully occupied 60-seater plane around the world, through their aACAyHotel Stay Carbon Offset Programme,'
Myclimate calculates the amount of climate-impacting emissions from organisations and invests into high quality carbon offset projects.
BP Target Neutral is using the expertise resulting from its role as the Carbon Offset Partner of the London 2012 Games to reduce and neutralise, or offset, the greenhouse gas emissions associated with all travel to WFES.
An annual sum is paid to myclimate, equivalent to the cost of repairing the environmental damage caused by carbon emissions and the money is then used to fund carbon offset projects around the world.
The development process included management of the company's Vancouver branch, Head Office business development team, Head Office Underwriting team, Head Office Communication team, Head Office Claims team, Head Office Finance and an external party, Offsetters, to offer the carbon offset.
As part of the Canadian carrier's environmental commitment Carbonzero has developed a voluntary carbon offset programme which allows WestJet's passengers to measure and mitigate the greenhouse gas emissions associated with air travel.
2] from poisonous gas flares, to gain carbon offset credits for ending gas flaring.
The latest forest carbon offset survey shows encouraging support for carbon forestry projects in general and projects that factor in the value of biodiversity and communities into that project equation specifically," said Dr.
A leading Middle East facilities management company has forged a partnership with a world leading carbon offset foundation to help private sector companies reduce their environmental impact.
The UK Government is promoting the increased use of offsetting at the UN climate talks, including proposing a plan to carbon offset by buying up forests - which Friends of the Earth say will not stop deforestation and will cause significant social harm to the people that rely on them.