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 ?
NYSE: HTZ), has introduced a new carbon offset program.
Under the terms of the agreement, only flights to and from covered countries will be subject to the carbon offset requirements.
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 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.
International Resource News-March 13, 2012--ERA Carbon Offsets Ltd.
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 package includes a Carbon Offset program to help policyholders offset greenhouse gas emissions associated with their residence by purchasing carbon offsets, based on a rate per-square toot and type of energy used.
Designer and implementer of corporate carbon reduction strategies and solutions Carbonzero on Wednesday announced that it has been selected as the official carbon offset provider for Canadian carrier WestJet.
CARBONyatra, a company that develops and trades carbon offsets from Indian renewable energy projects to polluters globally, has already retired the carbon offset/credit on behalf of Cafe Bullet Goa on the global carbon registry.
Ever since the World Bank lowered its energy efficiency standards, power plants have been able to raise them again to where they were before August 1996, and count that as a carbon offset.