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Carbon offsets that fund renewable energy projects help lower the carbon intensity of energy supply. Energy conservation projects seek to reduce the overall demand for energy. Carbon offsets in this category fund projects of three main types. Cogeneration plants generate both electricity and heat from the same power source. This improves upon ...
The Clean Development Mechanism (CDM) is a United Nations-run carbon offset scheme allowing countries to fund greenhouse gas emissions-reducing projects in other countries and claim the saved emissions as part of their own efforts to meet international emissions targets.
The Regional Greenhouse Gas Initiative (RGGI, pronounced "Reggie") is the first mandatory market-based program to reduce greenhouse gas emissions by the United States.RGGI is a cooperative effort among the states of Connecticut, Delaware, Maine, Maryland, Massachusetts, New Hampshire, New Jersey, New York, Rhode Island, Vermont, and Virginia to cap and reduce carbon dioxide (CO 2) emissions ...
The biggest advocates argue that we have no choice but to make carbon offsets work because, even in the most optimistic future scenarios, we’ll still need ways to pull carbon out of the air to ...
Not every carbon credit is created equal.
Earth constantly absorbs energy from sunlight and emits thermal radiation as infrared light. In the long run, Earth radiates the same amount of energy per second as it absorbs, because the amount of thermal radiation emitted depends upon temperature: If Earth absorbs more energy per second than it radiates, Earth heats up and the thermal radiation will increase, until balance is restored; if ...
The Gold Standard is recognized by carbon market and scholars of carbon markets and climate change politics scholars as a prime example of voluntary standards. [7] As a program certifying emissions trading programs, criticisms of the general practice of emissions trading may also generally apply to the Gold Standard certification program. [8]
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