This article introduces the concept of carbon offsetting and explores how Coolset can assist you in managing your carbon footprint. By understanding your total emissions across Scope 1, 2, and 3 categories, you can effectively engage in carbon offsetting to neutralize your environmental impact. Discover projects that resonate with your values and determine the amount of carbon dioxide, in tonnes, you wish to offset.
What is Carbon offsetting?
Carbon offsetting is the process of neutralizing carbon emissions from specific activities by investing in projects that remove or reduce carbon dioxide in the atmosphere. This concept is based on the principle that carbon dioxide contributes equally to global warming, irrespective of its geographic location. Therefore, removing a ton of CO2 in one region theoretically offsets a ton emitted elsewhere.
Businesses can mitigate their impact on climate change by supporting carbon offset projects. Popular methods include afforestation and reforestation. Additionally, companies may buy carbon credits to finance projects that positively impact the climate, such as renewable energy initiatives, industrial pollutant destruction, or combined heat and power systems.
Carbon offsets types
Carbon offsets are generally categorized into two types:
Carbon removal
These involve capturing greenhouse gases from the atmosphere. This can be achieved through natural processes like enhancing forest cover, oceanic or wetland ecosystems, or through technological means like direct air capture.
Emission reduction
These offsets are focused on supporting activities that inherently reduce carbon emissions. Examples include projects in renewable energy generation or recycling, which prevent the release of carbon that would otherwise occur.
FAQs
Why is there such a big price difference between projects?
Why is there such a big price difference between projects?
The most innovative carbon removal methodologies are often still up and coming and lack the scale benefits of more established methodologies. At the same time, the innovative projects tend to be higher quality than the traditional carbon offset projects. This comes at a price.
To support the most innovative projects, you can reduce the amount of tCO₂ you buy.
What happens after i've complete the purchase?
What happens after i've complete the purchase?
You will receive an email order confirmation. Lune will then allocate and retire the carbon offset credits on your behalf. You will receive a carbon offset certificate to prove that you have the claim to the climate benefits generated. Note that some carbon credits will retired immediately while some can be retired in the future.
How do I know these project are having a real impact?
How do I know these project are having a real impact?
Lune specialises in high-quality carbon offsetting. Lune combines in-house analysis and leading external offset evaluations to ensure trust in the impact generated.
What is Lune?
What is Lune?
Lune helps businesses with carbon offsets by enabling them to fund a diverse portfolio of vetted climate projects. These projects range from nature-based solutions to technology-driven initiatives, allowing companies to purchase carbon credits and integrate these contributions seamlessly into their operations. This approach supports businesses in achieving their sustainability goals by compensating for their carbon footprint through credible and impactful climate action.
Lune has integrated with Coolset, providing a streamlined way to directly neutralize carbon emissions within your Coolset environment. This collaboration enables users to effortlessly balance their carbon footprint by supporting certified climate projects directly from the Coolset platform.