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Carbon Offset credits. By: Krista Trescher. Definition and purpose of carbon offset credits. Offsetting is a tool that allows people or companies to invest in projects that reduce carbon emissions. E qual to a reduction of one ton of carbon emitted
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Carbon Offset credits By: Krista Trescher
Definition and purpose of carbon offset credits • Offsetting is a tool that allows people or companies to invest in projects that reduce carbon emissions. • Equal to a reduction of one ton of carbon emitted • People or companies may buy carbon credits to become “carbon zero” • Generated through projects: • Carbon sequestration projects (i.e. tree planting) • Energy Efficient projects (i.e. changing to energy efficient globes, appliances etc.) • Renewable energy projects (i.e. solar power, wind energy etc.)
Are Carbon Offset Credits Reaching their purpose? YES THEY ARE • Make people and businesses more aware of their own contributions to global warmingturn to carbon offsets as a way to go neutral • Reduction of one ton of carbon put into atmosphere • People become more aware of their carbon footprint
Are Carbon Offset Credits Reaching their purpose? NO THEYRE NOT • Difficult to judge the quality of offset providers and projects • Environmentalists doubt validity and effectiveness • Some people believe businesses and companies are solely buying credits to improve the look of their company • Sequestration projects sometimes fail • offset companies occasionally deceive their customers
Video http://www.youtube.com/watch?v=Ba4ATbErQsk
Bibliography • http://www.greenpoweraction.com/educationcentre.aspx • http://science.howstuffworks.com/environmental/green-science/carbon-offset.htm • http://www.earthpatrol.co.za/carbon-solutions/about-carbon-offsetting.html • http://www.carbonoffsetcooperative.org/fuel-reduction-program/carbon-offset-credits