Introduction To Carbon Offsetting
Carbon offsetting focuses on reducing the negative effects of greenhouse gas emissions by individuals or corporations caused either ignorantly or with awareness. In this arrangement, when your actions release the pollutants, you adopt measures to prevent emissions some where else in the world to neutralize the effects of your actions. This way the overall emissions across the globe will remain within permitted limits, which will reduce the harm to the environment.
In theory, spearheading or taking part in ecological campaigns in your area, planting saplings in your backyard, or doing any other task that will neutralize the hazardous effects of CO2 and other toxic gases in the atmosphere, are effective ways to practice carbon offsetting. Personal initiative is not always possible, and thus the carbon offset system was devised, in which people who consider themselves guilty of polluting the environment can give money to a company to make up for the damage done to the environment. Your money is then donated by the organization to agencies running ecological projects.
Organizations and states play a lead role in carbon offsetting and under the Clean Development Mechanism of the Kyoto Protocol, the developing countries are generally paid by the developed nations for keeping the total rate of emissions within prescribed limits.
Sceptics of carbon offset argue that it evades dealing with the fundamental issue of harm that is being caused by you. In both carbon offsetting and carbon trading, you pay for the harm you caused rather than actually preventing it.
However, the supporters of theses systems argue that financial incentives in carbon trading are sufficient to motivate firms to opt for greener ways of carrying on business. Likewise, in case of ordinary people, a system like carbon offset permits them to enhance their environment friendly image and generate awareness about this cause. Many celebrities have embraced carbon offset and this has attracted other people towards it. The efficacy of the system is reflected in its fast growth over the last decade and a majority of people now acknowledge the great potential that it has.
Published by: Brayan Russel on September 28th, 2009 | Filed under Legal
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