Definitions
The World Resources Institute defines a carbon offset as “a unit of carbon dioxide-equivalent (CO2e) that is reduced, avoided, or sequestered to compensate for emissions occurring elsewhere”.
The Collins English Dictionary defines a carbon offset as “a compensatory measure made by an individual or company for carbon emissions, usually through sponsoring activities or projects which increase carbon dioxide absorption, such as tree planting.”
The Environment Protection Authority of Victoria (Australia) defines a carbon offset as: “a monetary investment in a project or activity elsewhere that abates greenhouse gas (GHG) emissions or sequesters carbon from the atmosphere that is used to compensate for GHG emissions from your own activities. Offsets can be bought by a business or individual in the voluntary market (or within a trading scheme), a carbon offset usually represents one tonne of CO2-e”.
The Stockholm Environment Institute defines a carbon offset as “a credit for negating or diminishing the impact of emitting a ton of carbon dioxide by paying someone else to absorb or avoid the release of a ton of CO2 elsewhere”.
The University of Oxford Environmental Change Institute defines a carbon offset as “mechanism whereby individuals and corporations pay for reductions elsewhere in order to offset their own emissions”.
The Encyclopædia Britannica defines a carbon offset as "any activity that compensates for the emission of carbon dioxide (CO2) or other greenhouse gases (measured in carbon dioxide equivalents ) by providing for an emission reduction elsewhere."
Read more about this topic: Carbon Offset
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