Carbon offsetting is a system of balancing the unchecked release of greenhouse gases being made by individuals and companies throughout the world. In this system, when your actions emit the pollutants, you adopt measures to prevent emissions some where else on the planet to neutralize the effects of the pollution caused by you. Hence a proper balance can be maintained in levels of emission across the globe, which will help in preventing excessive damage to the environment.

One method to engage in carbon offsetting is to participate in community programmes to improve the environment, planting many trees in your locality, or doing any activity that will effectively lower emission of CO2 and other greenhouse gases into the atmosphere. However, this is not always practical, which is why the carbon offset system was proposed as a convenient method where you can pay an organization to make up for the damage done by you to the environment. That organization then donates the money in ecological projects running anywhere on the planet.

According to the Clean Development Mechanism for carbon offsetting which is part of the Kyoto Protocol, companies and governments of the economically developed nations pay the developing countries for making sure that total emissions do not continue increasing unabated.

The opponents of the system are of the opinion that the issue of harm to the environment done by individuals is not solved by carbon offset. In both carbon offsetting and carbon trading, you pay for the damage you caused instead of actually stopping it.

But people who believe in these systems argue that carbon trading with its monetary incentives can greatly inspire firms to carry out their business in a more ecological manner. Similarly, in case of individuals, a system like carbon offset permits them to promote their eco friendly image and spread awareness about this cause. People have been inspired to opt for carbon offset as several celebrities have endorsed and adopted it. The system has obtained huge success over the years, with many people practising it and admitting its potential to improve the environment.

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Tags: business, business management consulting, carbon emission, carbon information, carbon management, carbon offset, Carbon Trading, Environment, marketing

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