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One carbon credit represents a reduction, avoidance or removal of one metric tonne of carbon dioxide or its carbon dioxide-equivalent (CO 2 e). A variety of greenhouse gas reduction projects can qualify for offsets and credits depending on the scheme. Some include forestry projects that avoid logging and plant saplings, [ 1][ 2] renewable ...
Gold Standard (carbon offset standard) The Gold Standard (GS), or Gold Standard for the Global Goals, is a standard and logo certification mark program, for non-governmental emission reductions projects in the Clean Development Mechanism (CDM), the Voluntary Carbon Market and other climate and development interventions.
The Maia Maia Emissions Reduction Currency System, [35] [36] [37] is a scheme developed in Western Australia. The system currency is known as a "boya", named after the indigenous Nyungar people's word for rock trading tokens used by them. Each boya is based on 10 kilograms of carbon dioxide equivalent global warming prevention which is equates ...
But optimists say carbon offsets really can make a big difference if a better system is put in place to ensure that the money goes to high-quality projects. The biggest advocates argue that we ...
Other sources of carbon offsetting also exist at lower prices, ranging from $5.50 to $13 per ton, which make for a more reasonable payoff to offset my carbon usage. Show comments Advertisement
Microsoft Corp has struck a deal with offsets startup Chestnut Carbon to acquire credits linked to the removal of carbon dioxide from the atmosphere, the firms said Wednesday, as part of the tech ...
A carbon accounting standard and organisation. The Verified Carbon Standard (VCS), formerly the Voluntary Carbon Standard, [ 1] is a standard for certifying carbon credits to offset emissions. [ 2][ 3] VCS is administered by Verra, a 501 (c) (3) organization. [ 4] Verra is the world's biggest certifier of voluntary carbon offsets. [ 5]
The Clean Development Mechanism ( CDM) is a United Nations -run carbon offset scheme allowing countries to fund greenhouse gas emissions -reducing projects in other countries and claim the saved emissions as part of their own efforts to meet international emissions targets. It is one of the three Flexible Mechanisms defined in the Kyoto Protocol.