Carbon Offsetting: An approach to Combat Climate Change
A Carbon offset is an efficient way to compensate for the emissions from any organization by funding an equivalent carbon dioxide saving project which delivers value for local communities as well as the environment elsewhere. Carbon offsetting projects help to combat global climate change. Put simply, offsetting means buying carbon credits equivalent to the carbon impact created by the organization. This means the organization compensate for every tonne of carbon dioxide emitted by ensuring there is one tonne less in the atmosphere. And because one unit of carbon dioxide has the same climate impact wherever it is emitted, the benefit is the same wherever it is reduced or avoided too. Carbon offsetting is to achieve emissions reductions and become carbon neutral.
The concept of carbon offsetting has become popular, but at the same time it has also become controversial. Traditionally, most of the carbon offsetting was being done by funding the projects related to planting of trees. Recently, the carbon offset schemes have now shifted to the other energy saving, clean energy and eco-friendly projects like distributing efficient cooking stoves & development of sanitary landfill sites to reduce the environment impact. The shift towards the clean energy projects is more beneficial for developing countries. In many instances the projects provide much needed employment, health improvement, biodiversity, reforestation and broad social benefits to the developed nations.
The carbon offsetting allows the developed nations to contribute in carbon emission being the least concerned about their contribution in climate change and impact on the planet.
However, many people argue that carbon offsetting is ineffective in fight against the climate change. For them, the carbon offsetting allows the developed nations to contribute in carbon emission being the least concerned about their contribution in climate change and impact on the planet. The reduction in carbon emission should take place everywhere equally rather than polluting in one place and offsetting in another – does the world have a good chance of avoiding runaway climate change, such critics claim. Also, there are differences in prices offered by the different companies for offsetting the activity.
Ultimately, the question of whether the concept of offsetting is beneficial, must be the choice of the individual. If the carbon offset allows to cut the part of footprint for developed nations and at the same time the offset projects offer extra benefits such as poverty reduction in the developing world.