Including the closely related terms carbon offsetting, offsets, and offsetting.
…, water, and forests. • Offsetting: Carbon offsetting refers to the purchase of a tradeable unit, representing emissions rights or emissions reductions, to balance the climate impact of an organisation, activity or individual. Although they can be stored and traded like a commodity, they are not material things; offset credits are not literally “tonnes of carbon” but stand in for them…
… not preclude investment in appropriate offset schemes outside of the borough. • Develop a standard with other authorities enable more transparent, reliable and consistent reporting of council led actions against such neutrality targets and claims. • Review ‘traditional’ certified offsets/carbon neutrality standards again closer to 2025 – the option to go down the international offset…
… reductions 2010 to 2019 have benefited from the decarbonisation of the national grid and asset management. • Significant increases in efficiency and application of demand reduction measures will be required to get anywhere near carbon neutral, without investing a significant amount in carbon offsets (which presents various challenges, as explored in Section 3). Figure 5: Direct Control ‘Business…