An Introduction to Carbon Credits and Carbon Offsetting
What are carbon offsets? What is the life cycle of a carbon offset? What are offset standards? Carbon offsets in compliance markets; the market for carbon credits; how are carbon credits priced? How and why companies measure carbon emissions – you will find answers to these questions and more in
CITAC’s latest Industry insight.
Carbon offsets are reductions in greenhouse gas emissions that can be set against emissions made elsewhere as part of a corporate or national strategy to reach carbon neutrality. Offsets, also referred to as carbon credits, can be created through investments in clean technology and practices or nature-based assets, ranging from building wind turbines to replace fossil fuel power to protecting and planting forests. They can represent a reduction in emissions compared to a business-as-usual scenario, such as switching from fossil fuel-generated to renewable electricity.