Carbon offsetting is the process of removing carbon dioxide or other greenhouse gas emissions from the atmosphere. This process can take shape in many different ways.
Carbon offsetting is typically done by companies in order to compensate for emissions produced in other parts of their operations, in order to achieve their Net Zero or carbon neutral goals. Companies and organizations may participate in compliant or voluntary offsetting projects.
Common offsetting contribution projects can include funding the development of renewable energy systems such as wind turbines, hydroelectric dams, or biomass energy. Companies can also fund carbon sequestration projects such as with reforestation, or blue carbon projects that naturally take carbon out of the air.
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