Local and Global Projects
What is a Carbon Credit?
A carbon credit is a unit of exchange that businesses, organizations, and individuals can use to offset their greenhouse gas emissions. One carbon credit is equivalent to one metric ton of greenhouse gases removed from the atmosphere. A carbon credit and a carbon offset are synonymous terminology.
How do Carbon Credits work?
Evergreen Carbon projects are real projects that are independently verified. All credits under these registries have controls to make sure that every carbon credit is verified to make it permanent. One carbon credit is a unique, independently verified reduction of greenhouse gases (GHGs) traceable back to the carbon project that generated the emission reduction.
Learn more: Carbon Offset Basics.
What types of projects do Carbon Credits fund?
Who’s buying Carbon Offsets?
How do I know that a Carbon Credit is real?
Carbon projects are governed by the GHG Registries.
- Climate Action Reserve (CAR) – A carbon offset registry for the U.S., Mexico and Canada.
- Verra – Verra registers carbon projects under a several different standards. The recognizable Verified Carbon Standard (VCS) is the largest carbon project registry for the worldwide voluntary carbon market. Other Verra standards ensure that carbon projects are also meeting human and ecological needs, such as the Climate Community and Biodiversity standard and the Sustainable Development Verified Impact Standard (SD VISta) ensures that the carbon projects are also meeting both human and ecological needs.
- American Carbon Registry (ACR) – A carbon offset registry for the voluntary and California regulatory carbon markets.
- Gold Standard Foundation (GSF) – A certification standard for offset projects located mostly in developing countries. Gold Standard projects have a high level of achievement of Sustainable Development Goals.
- UN Clean Development Mechanism – The UN CDM is an international registry used by compliance markets around the world.How can I calculate the emissions for my business or personal activities?
How can I calculate the emissions for my business or personal activities?
For every activity that involves GHG emissions there will be an emission factor associated with that activity. The combustion of a gallon of gasoline emits the equivalent of about 8.8 kg of CO2, or a little less then 1% of a metric ton of GHGs (<1 carbon credit).
Carbon Credit Cart is providing a limited set of carbon footprints for some typical activities. The US EPA provides a household carbon footprint calculator. For businesses, with more complicated operational patterns, qualified professionals will be involved in calculating an organizations emissions.
So will carbon credits single-handedly take down climate change?
Not exactly. Carbon credits are just one of many tools that are needed to help economies transition to a low carbon future. Carbon Credit Cart is excited to help the carbon offset industry move forward while supporting the growth of small businesses and green jobs.