Erik Writes, I Get Schooled
Business, Climate Change, Education, Energy, Transportation | (3)
Erik Blachford, CEO of TerraPass, saw my post on carbon offsets and wrote to ask if he could help us better understand the wonderful world of carbon offsets –Of Course!, I replied. Talking to him helped me realize how complex the carbon finance world is AND got me motivated to learn more. The following is my list of highlights . . .
A carbon offset is a financial instrument that represents a reduction or removal of carbon dioxide, or its equivalent in other greenhouse gases (methane, nitrous oxide, sulfur hexafluoride, HFCs, PFCs).
Countries, companies or individuals can purchase offsets ...