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BC's provincial public sector organizations became the first in North America to be considered carbon neutral in 2010, partly by purchasing carbon offsets. [ 104 ] [ 105 ] The Clean Energy Vehicles Program provides incentives for the purchase of approved clean energy vehicles and for charging infrastructure installation. [ 106 ]
Offsetters was originally conceived as a not-for-profit organization. In July 2015, Offsetters acquired Forest Finest Consulting GmbH, a leading German-based sustainable agro-forestry company, and CO2OL Natural Carbon Collection, a German-based voluntary carbon project developer and retailer. [3]
Carbon emissions from deforestation is an important issue to look at with the increasing problem of global warming.Currently, about 4% of B.C.′s total green house gas (GHG) yearly emissions are from deforestation, which is quite a low percentage compared to B.C.'s total GHG emissions, and works out to be about 6,200 hectares of forest land is converted to non-forest use per year. [4]
Carbon offsets allow firms to avoid deforestation by paying directly for forest preservation or providing substitutes for forest-based products. Offset schemes using reforestation, such as REDD, are available in developing countries, and are becoming increasingly available in developed countries including the US and the UK.
Most of the plan's funding is projected to come from BC's carbon tax. [14] For buildings, the BC Building Code was amended to make all buildings “net zero energy ready” by 2032, the natural gas grid must contain 15% RNG and the province will assist in funding efficiency upgrades. For industry, the government agreed to help fund clean energy ...
Carbon-neutrality can be achieved by buying "carbon offsets." Those are projects that remove harmful gases in the air — like projects that convert systems to renewable energy or preserve forests ...
Land-use change can be a factor in CO 2 (carbon dioxide) atmospheric concentration, and is thus a contributor to global climate change. [14] IPCC estimates that land-use change (e.g. conversion of forest into agricultural land) contributes a net 1.6 ± 0.8 Gt carbon per year to the atmosphere.
Carbon offsetting is a carbon trading mechanism that enables entities to compensate for offset greenhouse gas emissions by investing in projects that reduce, avoid, or remove emissions elsewhere. When an entity invests in a carbon offsetting program, it receives carbon credit or offset credit, which account for the net climate benefits that one ...
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