Offsetting Emissions

Question 1

How many offsetting programmes do you have?

Answer 1

140 and counting.

Question 2

How much does it usually cost to offset 1ton of carbon?

Answer 2

$10-$20 per ton on average but ranges from $1 to $1000 depending on the project.

Question 3

How much does it usually cost to offset carbon for a small business?

Answer 3

average person per year creates 20tons of co2.

Question 4

How do you choose offsetting programmes you work with?

Answer 4

We provide a diverse range of certified and vetted offset programs from planting trees to capturing carbon emissions from the atmosphere.

Question 5

Why are some offsetting programmes more expensive than others?

Answer 5

Some projects are more technologically advanced than others.

Question 6

Are all of you offsetting programmes certified?

Answer 6

Yes

Question 7

Where are your offsetting projects based?

Answer 7

Around the world.

Question 8

Can we add carbon offsetting projects that we want to purchase carbon certificates from onto your platform?

Answer 8

Yes.

Question 9

Do you know which vendors are already net zero carbon so we don’t have to double account for scope 3 carbon emissions?

Answer 9

Yes

Question 10

What carbon offset project certification/registries do you use?

Answer 10

There are no government regulations in the voluntary emissions reduction (VER) market so there are only independent certification bodies and we use the best ones which are:

VCS by Verra - 67% market share in 2020 and in 2021 is 80%,
Gold Standard - 18% market share in 2020 and in 2021 is 14%, created by WWF
Climate Action Reserve - 9% market share in 2020 and in 2021 is 2.3%, mostly in US
American Carbon Registry - 4% market share in 2020 and in 2021 is 1.6%, mostly in US
Plan Vivo - 0,6% market share in 2020 and in 2021 is 0.75%, Scottish
CARB - 0,1% market share in 2020 and in 2021 is 1.4%

Question 11

What is REDD+

Answer 11

REDD+ is a United Nations proven initiative to reduce deforestation and degradation around the world. So they offer offsets.

Question 12

What about green washing?

Answer 12

The VER market is becoming more and more mature, standards are getting much better, and the process is getting easier, and more understandable actually some of the lessons from the voluntary carbon markets are being used in the compliance carbon markets. Also, each project has to have additionality and permanence.

Question 13

Which standards do you comply with?

Answer 13

American Carbon Registry
Climate Action Reserve
Climate, Community & Biodiversity Standard
Gold Standard
ISO-14064
Social Carbon
Verified Carbon Standard
UNFCCC Carbon Credits (CDM, JI, AAU, etc.)
AS2050
GHG Protocol Product Standard or ISO14067.

Question 14

What about double accounting?

Answer 14

Working with Gold Standard and Verra helps us avoid double accounting of carbon offsets.

Question 15

Where do we get our carbon credits from?

Answer 15

Patch, we take no commissions.

Question 16

How much does it cost to offset carbon emissions?

Answer 16

Depends on the project. The minimum amount of carbon offset that can be purchased is 1 credit which equals 1 ton of carbon offset.

Question 17

Do you work with Guarantees of Origin?

Answer 17

• Rggo (renewal gas guarantees of origin)
  
  • Rego (Renewable electricity guarantee of
    origin)