How Can You Trust Carbon Offsets?

greenelogo2You’re a small business owner and you’ve got your hands full with credit card readers, vender accounts, customer complaints, and advertising cold-callers…and do we even have to mention the recession?  Still, you want to do your part to help reduce the impacts of climate change, and you’ve heard that one of the ways your company can reduce your carbon footprint is by offsetting your emissions with what they call carbon offsets. 

There’s a lot of information out there about carbon offsets, but how can you know that purchasing carbon offsets is actually reducing overall carbon emissions globally?  Where does the money go?  You certainly don’t have the time to research all companies offering to offset your carbon footprint (In the SF bay area alone – 3Degrees, Terrapass, LiveNeutral, The Carbon Neutral Company, Greatest Planet…), but yet you want to do just that.  One key is to look for an independent third party certifying body.  Green-e, for example, certifies that a carbon offsetting company is actually doing what they claim that they are doing with your money.

Additionally, if you’re the kind of entrepreneur who likes to understand everything that’s happening, there are a couple of key terms you might want to familiarize yourself with.  Additionality means that the the carbon offsets you purchase actually support a project (examples include wind and solar power, forestry, and methane capture and combustion ) that would not have happened without your extra money.  Permanence means that the project you’re supporting isn’t just temporary – the forest won’t be burned to the ground next year, the wind farm won’t be dismantled after Christmas, etc.   Additionality and permanence are also independently certified by organizations like Green-e.

 

About Scott Cooney

Scott Cooney is an Adjunct Professor of Sustainability at the University of Hawai'i, green business startup coach, author of Build a Green Small Business: Profitable Ways to Become an Ecopreneur (McGraw-Hill), and developer of the sustainability board game GBO Hawai'i. As a serial eco-entrepreneur who has started, grown and sold multiple green businesses, Scott believes that capitalism, true capitalism, can be a powerful force for change, but that our current version of capitalism is severely hampered by perverse subsidies and negative externalities that make unsustainable products less expensive than healthier alternatives. Scott is a vegetarian, an avid cyclist, and an organic gardener.

Comments

  1. john says:

    I did a bit of research and use an organisation called http://www.co2logic.com they use credible offsets from the Kyoto CDM mechanism which provide all necessary guarantees (traceability, validation, transparency). Careful low prices usually means low quality offsets.

    T

  2. Ashley says:

    If you’re concerned about the quality of carbon credits, you should think about participating in the mandatory carbon market here in the US. True, the market is very small with only one outlet right now (RGGI.org), but the allowances are very high quality.

  3. Ian Harvey says:

    Global warming is the biggest threat for wealthy planet. But many institutes are working on
    Carbon Reduction Projects to
    Reduce Global Carbon Emissionswhich will provide better ways to tackle.

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