Including the closely related terms carbon offsetting, and offsetting.
… the same thing; while emissions have been reduced overall, residual GHG emissions (e.g. those from industry and/or freight transport) are then offset through carbon dioxide removal from the atmosphere. See Chapter 3 for further discussion. Offsetting - Carbon offsetting refers to the purchase of a tradeable unit, representing emissions rights or emissions reductions, to balance the climate…
… to achieving its carbon target. Why is this important? Carbon offsetting offers a means through which the council can address any “Gap to Target” (i.e. residual emissions). Such gaps are often identified when reviewing the impact of a planned set of emissions reduction initiatives against a target. In the context of HDC’s Park and Countryside, natural climate solutions could serve as options…