"Offset projects" refers to activities or initiatives that aim to counterbalance or compensate for the negative impact of certain actions or processes. It involves implementing measures or investing in projects that help reduce carbon emissions, protect the environment, or support sustainable practices as a way to offset or balance out the harm caused by other activities. Essentially, it's about taking steps to make up for or neutralize the negative effects of something by doing something positive.
Full definition
The carbon price will likely increase over time as we expect the price of
carbon offset projects to also increase over time.
We provide clients with a variety
of offset projects which are governed by internationally recognized standards.
But your wider sustainability strategy can also benefit
from offset projects that demonstrate your commitment to managing your environmental impact and supporting communities.
This concludes that global surface temperature may not increase in the next decade as natural variations may «
temporarily offset the projected anthropogenic warming».
Our renewable energy carbon
offset projects meet the toughest industry standards and are third - party verified to ensure the highest quality.
The budget raised a range of taxes by about $ 2 billion over two years in order to
help offset a projected deficit of more than $ 2 billion over that time.
A maintenance and reserve fund to
offset the projected operating loss the clinic may experience while increasing volume in year one and maintenance and repairs over 10 years.
But I'm a fan of
voluntary offset projects of this sort where the added value of a payment goes far beyond avoided greenhouse gases.
Every carbon
offset project goes through a test to ensure that the type of project would not have otherwise occurred.
Notwithstanding the uncertainty, or perhaps because of it, the past 15 years has seen a tremendous amount of learning and innovation in the carbon market space: energy - intensive businesses,
offset project developers and state and provincial policymakers have all been exploring different models, finding out what works and what doesn't, getting comfortable with the mechanics and the risks associated with carbon markets.
In addition to its voluntary carbon market activities, ACR is an
approved Offset Project Registry and Early Action Offset Program for the California Cap - and - Trade Program.
March 22, 2012 25 brands join forces to build carbon
offset projects with NativeEnergy Carbon offset developer NativeEnergy and a group of corporate leaders in sustainability are collaborating to help build two wind turbines in Iowa, a landfill gas - to - energy project in Oklahoma, and a farm methane reduction project in Pennsylvania.
In order to remain eligible to generate credits under the compliance offset protocol for Mine Methane Capture, a project must be listed as
compliance offset project on an OPR by February 28, 2015.
To meet their emissions reduction obligations, regulated entities can reduce emissions on - site, trade emissions reductions achieved beyond the cap, or use emissions reductions generated in the state from a wide variety of project categories, nine of which are cited ACR
offset project types.
Moderated by Kevin Haroff, four project developers provide insights into the challenges and opportunities for
offset projects developed under three of California's compliance protocols.
«Key infrastructure developments, such
as Offset Project Registry implementation decisions and verifier accreditation & approval, will help to set in motion what we hope will be a strong compliance offset program; a necessary ingredient towards enabling a liquid, robust carbon market.»
The largest single offset credit issuance was for more than 300,000 credits to Environmental Credit Corp. (ECC) for a compliance
offset project listed on ACR.
Projects that are submitted for an Initial Crediting Period must be submitted for listing no later than the date at which the first
Offset Project Data Report is submitted, in addition to meeting the timing requirements described above.
Section 95975 of the Cap - and - Trade Regulation specifies the requirements for listing
offset projects using ARB Compliance Offset Protocols.
«Any further encumbrance on
qualifying offsets projects based on additionality would create confusion and be a barrier to GHG reductions, avoidances and sequestration from a policy standpoint,» the group wrote.
And, with support from the Walt Disney Company, the community of San Juan Lachao in Oaxaca, Mexico developed the first pilot carbon
offset project under the Climate Action Reserve's Mexico Forest Protocol.
The Clean Development Mechanism, developed under The Kyoto protocol, allowed Annex 1 countries to implement carbon
offset projects in developing countries.
«ARB's approval of
Offset Project Registries and Verifiers, including the American Carbon Registry, represents a significant step towards full implementation of California's carbon market,» said Lenny Hochschild, managing director for Evolution Markets.
SACRAMENTO, CA, August 5, 2013 — The American Carbon Registry (ACR), an approved
California Offset Project Registry, has issued the first Registry Offset Credits (ROCs) of the California compliance offset program.
Founded in 1996, ACR has over fifteen years of unparalleled experience in development of rigorous, science - based carbon offset standards and methodologies as well as operational experience in the oversight of high quality
offset project verification, registration, offset issuance, serialization and transparent on - line transaction and retirement reporting.
Please join us on Wednesday, May 30th for a free webinar to walk - through ACR's new APX - powered registry including steps to submit an ARB -
eligible offset project.
In both the voluntary carbon market and California's regulated carbon market, ACR oversees the registration and verification of carbon
offset projects following approved carbon accounting methodologies or protocols and issues offsets on a transparent registry system.
Founded in 1996 as the first private voluntary offset program in the world, ACR has eighteen years of unparalleled experience in the development of rigorous, science - based carbon offset standards and methodologies as well as operational experience in carbon
offset project registration, verification oversight and offset issuance.
As for integrity of
most Offset Projects (CDM / JI)-- the real problem is not the integrity of the actual reductions — the problem is in the CDM Executive Board.
Binding scientists, policymakers, and land - owners together in conversation could have a significant effect on reducing global CO2, perhaps
offsetting projected emissions from thawing permafrost in the rapidly melting, high - latitude Northern Hemisphere.
As an approved OPR, ACR will work closely with ARB to ensure
offset project operators and verifiers have accurate information to ensure the highest quality of offsets.
The most progressive and comprehensive carbon
offset projects require a level of financial commitment that should be matched by professional stewards who will help you reach your goals whilst also providing social, environmental and clean technology benefits to host communities.