Carbon offset

(redirected from Carbon offsetting)
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Related to Carbon offsetting: Carbon trading, Carbon credit

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 ?
Notably, the GMBM is in the form of a carbon offsetting system, not a cap-and-trade system or a carbon emissions tax.
J-VER is a scheme implemented by the Ministry of the Environment of Japan, which verifies credits generated through the emissions reduction and removal of greenhouse gases via domestic projects that can be used for carbon offsetting.
To implement carbon offsetting measures as effectively and efficiently as possible, myclimate has also developed an international network of project partners and resellers, who represent myclimate in their respective countries.
The report's authors believe carbon offsetting is failing to reduce - and in some cases is even increasing - carbon emissions, prompting accusations that the Government is "cheating" on its carbon cutting commitments.
Carbon offsetting is when an organisation such as myclimate calculates the [CO.
The deal marks the first carbon offsetting arrangement promoted by the Environment Ministry.
The CarbonNeutral Company is the world's leading carbon consulting and carbon offsetting company, and was one of the first companies to start offering a carbon offsetting scheme to individuals.
Further details of how the carbon offsetting will be done were not available.
MOST travellers are confused about carbon offsetting and nearly all of them think the Government should do more to improve awareness, a poll showed today.
Most of carbon offsetting is occurring between businesses, as large corporations in Europe seek to comply with the Kyoto Protocol, and US companies try to burnish their environmental images or get a head start on the mandatory emissions reductions that will likely come with any new presidential administration.
National and international confidence in carbon offsetting schemes has waned amid accusations that everyone could easily become carbon neutral simply by writing a cheque, but the environment would not benefit from this.
For its carbon offsetting needs, Expedia uses TerraPass, and Deines says the option has become one of Expedia's most popular add-ons to its basic travel deals: For $5.