Frequently Asked Questions

What are Carbon Credits?

Carbon credits, also known as carbon offsets, are permits that allow the owner to emit a certain amount of carbon dioxide or other greenhouse gases. One credit permits the emission of one ton of carbon dioxide or the equivalent in other greenhouse gases.

What is a Carbon Offset?
A carbon offset is a reduction of carbon emissions to compensate for an equal amount of emissions from another source. A carbon offset is measured in metric tons.
What is the difference between a credit and and offset?

‘Carbon credit’ is more often used in reference to a financial unit of measurement that represents the removal of one tons (1,000 kg or 2,205 lbs.) of carbon from the atmosphere.

‘Carbon offset’ is often used when referring to an action. Carbon offsets or carbon credits have the same function to compensate for emissions occurring elsewhere (via reduction, avoidance, or sequestering).

How can I purchase carbon credits? Personal or for Company?

Carbon Credits will be purchased on the Carbon Credit Exchange. Please note that the Credit Exchange is not yet live.