Monday, July 14, 2008

Are Carbon Offsets for Real?

Whenever I buy an airplane ticket or reevaluate my electric bill, I think about purchasing carbon offsets...but my dad's skepticism has worn off on me a bit. I wonder if the companies selling these are serious legitimate businesses, or just some guys with a snazzy website. Luckily for me (and you), there are now companies that certify carbon offsets.

One such agency is Carbon Concierge. The Carbon Concierge has established some provider evaluation criteria, including:

  • Business and Project Transparency
  • Offset Quality
  • Project Location and Offset Traceability
  • Industry Leadership
  • Business Model and Program Services Ratio
  • 3rd Party Evaluation
  • Education
  • Social Benefit

These criteria have helped the Carbon Concierge develop a list of preferred offset providers. At this time, they recommend the following:

While this does not replace doing your own due dilligence, it's nice to know that there are groups out there verifying the legitimacy of offset providers.

Image source: Business Day

1 comment:

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