Helping The Planet Through Carbon Offset
Carbon offset is helping to save the world from the damaging effects of ecological degradation and global warming by its mission to reduce carbon emissions in large industries and manufacturing entities, as well as at a personal level.
Carbon offset is a method of decreasing the emission of harmful greenhouse gases through different ways like sustained reforestation initiatives, alternative and renewable energy supply etc. The Kyoto Protocol, an international agreement signed by almost all nations in 2005 puts limits on emission by all participant countries on the basis of whether they are emerging or developed, which in turn governs emissions by different sectors in each of these countries.
The Protocol makes it mandatory for industries emitting above the allowed limit of carbon dioxide to cut down their emissions to safe levels, or they should buy carbon credits certificates which can be transacted in the market, or alternatively pay a penalty for the emissions, which is referred to as carbon tax. One carbon credit, which is an older instrument than carbon offset, authorizes the credit’s buyer to discharge one tonne of carbon dioxide into the air, and this method is the most economical way of purchasing an allowance to release extra greenhouse gases in the air. Large organisations are becoming a part of the global carbon-neutral movement and purchasing carbon credits to make an impact on customers, investors and business partners.
Another novel instrument, carbon offset, has paved the way for an excellent financial opportunity, especially in the third world countries, as the system provides adequate financing for green projects that are created to help decrease the overall carbon footprint on the planet. It helps in encouraging alternative and renewable energy options like tidal energy, solar power etc and other environment conservation initiatives like reforestation.
Ordinary people are also doing their bit and are buying carbon offset to make the environment cleaner and to spread awareness about environment preservation. Carbon offsets are available for purchasing online through many providers, but it should be verified that the provider is actually putting money into meaningful carbon reduction initiatives.
Although carbon offset is a great option we should also remember that we need to take more proactive steps by making small environment supportive decisions in our daily lives. What we can do additionally on our part to safeguard the environment is to adopt small steps like making use of renewable fuels such as biodiesel, and installing LED lights instead of high-energy bulbs, and use only as much energy as we need.
Carbon offset is not yet a popular word for an average person. Mass awareness on the issue through extensive education is required to bring us a few steps closer to a clean and green environment.
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