An important topic and one that appears to eb and flow somewhat in the environmantal discussions.
Carbon offsetting has gained some appeal and momentum mainly among consumers in western countries who have become aware and concerned about the potentially negative environmental effects of energy-intensive lifestyles and economies.
The Kyoto Protocol has sanctioned offsets as a way for governments and private companies to earn carbon credits which can be traded on a marketplace. The protocol established the Clean Development Mechanism (CDM), which validates and measures projects to ensure they produce authentic benefits and are genuinely "additional" activities that would not otherwise have been undertaken. Organizations that are unable to meet their emissions quota can offset their emissions by buying CDM-approved Certified Emissions Reductions.
Offsets may be cheaper or more convenient alternatives to reducing one's own fossil-fuel consumption. However, some critics object to carbon offsets, and question the benefits of certain types of offsets.
Offsets are viewed as an important policy tool to maintain stable economies. One of the hidden dangers of climate change policy is unequal prices of carbon in the economy, which can cause economic collateral damage if production flows to regions or industries that have a lower price of carbon - unless carbon can be purchased from that area, which offsets effectively permit, equalizing the price.
A meeting jointly sponsored by Concern Universal and Fownhope CRAG to discuss the issues involved.
v Even after our best efforts to cut our own carbon footprints we are still responsible for some greenhouse gases going into the atmosphere.
v One response to this is to ensure the equivalent amount of carbon is either absorbed or not emitted elsewhere. For example, we can finance the planting of trees, conservation of forest, or the installation of energy efficient or renewable energy systems.
v What are the options for this type of action? What are its implications, particularly for developing countries?
Join us to discuss the issues.
Thursday, 28th June at 7.30 Fownhope Memorial Hall, Fownhope, Hereford.