What is a carbon offset?
A carbon offset is a credit for greenhouse gas reductions achieved by one party that can be purchased and used to compensate (offset) the emissions of another party. Carbon offsets are typically measured in tonnes of CO2-equivalents (or CO2e) and are bought and sold through a number of international brokers, online retailers and trading platforms.
For example, wind energy companies often sell carbon offsets. The wind energy company benefits because the carbon offset...
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