A carbon offset is a reducing the amount of emissions of CO2 made by business or commercial activities by planting of trees or greenery or some type of carbon offsetting in another area. It is an attempt to reduce the carbon footprint of a business or individual.
The easiest way to effectively measure carbon offsetting is in tons and there are a few core greenhouse gasses that we must offset. The main problems and carbon dioxide, methane, and nitrous oxide. There is a staggeringly large market at play for carbon offsetting and it is where private or charity organisation actively plant trees or greenery in exchange for large polluting corporations that will subsidise these costs. In 2000 a whacking $5 billion dollars of carbon offsets were purchased by companies that cared for the environment and also wished to improve their public image. There are some polluters who actually buy these carbon offsets so that they may continue their pollution, and have no consideration for the public image at all. It is a simple case of reaching legal limits and buying more, beyond that limit.
In smaller companies and markets, individuals and even governments buy these carbon offsets to feel better about the damage they are doing to the environment. A good example would be frequent flyers. They will buy carbon offsets to mitigate the carbon created in their air travel. This is a nice thing to do and would be very interesting if it became a cost within aviation to enforce carbon offsetting. The real truth is however, the fuel will run out sooner or later and we will need to switch to a more viable, renewable energy source and spend a great deal longer looking at how we will reduce our carbon footprint and reduce the energy wasted, especially energy wasted via poor insulation in the home. Interestingly compared to the commercial market a serious sum of $700 million was spent on personal carbon offsetting. People are really taking this very seriously, especially those aware of the pollution they are creating.
Some of the most common ways in which offset of carbon is achieved is through improving renewable energy options. The best examples in London at the moment is the London Array. This massive wind turbine farm is going to power a large chunk of London, and the number of jobs created and economy made is staggering. More of these projects must be started to ensure the future of our planet. The London Array had an unexpected and brilliant bi product. Because trawlers can no longer use this area it has become a natural spawning ground for fish and helping to replenish stocks.
Carbon offsetting continues to increase in popularity and many homes now are insulating lofts well beyond the legal requirement, installing cavity wall insulation, and draught proofing sash windows in a bid to cut out energy losses at home. The main issues in the home are the big three mentioned. Heat leaving through the roof, walls, and windows. This drive is significantly reducing the reliance on fossil fuels to produce electricity, and of course gas to heat the home.
There are some who believe carbon offsetting is a scam to con hard earned money from the pocket of the taxpayer. Whilst I believe this to be partially true myself, some of this money is filtering into project that will ultimately make London’s energy consumption completely renewable and without carbon pollution