Carbon Offset
A carbon offset is a unit of measurement representing the reduction, removal, or avoidance of one metric ton of carbon dioxide equivalent (CO2e) emissions. These offsets are used to compensate for greenhouse gas emissions produced by human activities, such as energy consumption, transportation, and industrial processes. The primary goal of carbon offsets is to help individuals, organizations, and governments take responsibility for their carbon emissions by investing in projects or activities that counterbalance their environmental impact.
Read more: https://www.offsetguide.org/understanding-carbon-offsets/what-is-a-carbon-offset/
How different industries use different ways to offset?
ReplyDeleteThank you for the question. Different industries employ various methods to offset their carbon emissions and environmental impact, depending on their specific operations, available resources, and sustainability goals. Here's a breakdown of how different sectors commonly use diverse strategies to offset their carbon emissions:
Delete1) Energy and Utilities:
Invest in Renewable Energy: Transition to renewable energy sources like solar, wind, and hydro power.
Carbon Capture and Storage (CCS): Capture and store carbon emissions from power generation.
2) Manufacturing and Heavy Industry:
Energy Efficiency: Implement energy-efficient technologies and practices.
Emission Control: Invest in air pollution control technologies.
3) Financial Services:
Sustainable Investments: Invest in renewable energy and sustainability projects.
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ReplyDelete[Yesterday 1:21 PM] Agarwal, Gourrang
ReplyDelete2 questions
- what are the factors that affect the quality of offsets
- recently there was controversy with offset verification with Verra. Could you explain more on it and our PoV on offsets?