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Carbon Offsets: One Small Step for Man...
Posted by Hillary Rosner on July 13, 2006 - 2:24pm.
Carbon Offsets I’m a skeptic by nature. So when I first started hearing about carbon offsets, my initial reaction was that they must just be a sugar pill, an empty way to make people feel less guilty about their carbon-intensive lifestyles. But I’m becoming more of a believer, and here’s why. Carbon offsets are a way to counterbalance your carbon emissions by investing in solutions such as wind energy. You purchase the “offset,” and your money goes toward developing new wind farms or preserving rainforest acreage or capturing methane. There are several companies and nonprofits that do this, in varying ways.

The downside of carbon offsets is the obvious: It allows people with disposable income – those also more likely to have higher carbon emissions from activities like air travel – to engage in a form of armchair activism. Simply write a check, and you don’t have to make any changes to your lifestyle. Not that there’s anything wrong with writing checks to good causes; without philanthropy, we’d be nowhere. But most climate policy experts agree that multiple solutions, on all different scales and of all different varieties, wil be necessary to combat global warming – so just writing a check isn’t enough.

But it is, it turns out, a pretty good start. I asked an expert in wind energy if she thought carbon offsets – at least those that fund wind energy - would be useful even if no one purchasing them made any change to their personal carbon emissions, and she said yes. The reason is that for every megawatt generated by wind power, that’s a megawatt not produced by burning fossil fuels. And the more wind plants that are up and running, the lower the cost of wind power will be, and the more people will choose to purchase it instead of fossil fuel power.

Beyond this concrete impact, though, the act of purchasing carbon offsets represents a way of engaging with the issue. “While carbon offsets represent an opportunity to discretely reduce your carbon impact,” the head of TerraPass, a carbon offset company, wrote on the blog RealClimate, “they also represent a great way to talk about climate change, your perspective and potential solutions.”

Some carbon offsets also trade on carbon emissions markets, which allows them to purchase carbon credits and then retire them. This is a complicated system, but the overall effect is to reduce the amount of carbon being traded on the market – in other words, a company emitting more than its share of CO2 that might otherwise seek to purchase someone else’s credits now has fewer credits to purchase (which ideally means the available credits are also more expensive). Currently, such markets are voluntary, but many people believe a federally regulated carbon market might not be too far off.



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<em>Anonymous</em>'s picture
What's your Carbo Footprint
by Anonymous on July 13, 2006 - 9:04am
<em>Anonymous</em>'s picture
also
by Anonymous on July 13, 2006 - 10:57am
Good Afternoon All: I heard that burning wood pellets or letting the wood rot has the same affect on the greenhouse gases. If this is true and you are using wood pellet for heat, lets say instead of heating oil, then you have reduced the greenhouse gases by the amount created by the heating oil, since the wood is rotting anyway. Can you confirm this? take care there glen Thank you in advance for your help glen GLEN PERKINS PERKINS FARM SUPPLY 1274 Old Warren Road Monticello Ar 71655 870-367-5257 870-367-6075 fax 870-723-3338 cell pfsbuy@mac.com
<em>Anonymous</em>'s picture
wood question
by Anonymous on July 13, 2006 - 2:39pm
Hi Glenn, This is an excellent question. It's also a bit complicated. You're right that, from a carbon emissions standpoint, it is largely better to use wood pellets than fossil fuel. The carbon in the wood is a much more recent source--meaning it was carbon dioxide in the air not too long ago, before the tree took it in for energy. The carbon in fossil fuels, by comparison, came from plants that lived during the Carboniferous Period, roughly 300 million years ago. So adding that carbon back to the atmosphere has more of an impact than adding back carbon that was in the air during the last hundred-odd years (depending on how old a tree we're talking about). As far as the question of letting the wood rot vs burning it, they're not exactly equal as far as carbon emissions go. When you let the wood rot, the carbon is released more slowly than if you burn it. And while some of the carbon is released to the atmosphere, some also goes into the soil (and to the microbes that live in the soil) along with other nutrients that can be readily used by a new tree that grows where the old one stood. The new tree will also absorb carbon (CO2) from the atmosphere, but the rotting wood provides nutrients that may help the new tree grow more quickly--which affects the balance of carbon with the atmosphere. It's all pretty complex stuff that ecologists spend lots of time thinking about. But the bottom line is, burning the pellets is probably better, from a global warming standpoint, than burning fossil fuels. Hope that helps. -Hillary
<em>Anonymous</em>'s picture
Also, you do get what you pay for...
by Anonymous on July 13, 2006 - 10:18am
Remember to do your research. $5/ton offsets from any company or not-for-profit retailer sound like a bargain, but when it comes to the environment do you really want to support cheap solutions? Cheap offsets will likely not do much for the environment, no matter what the marketing materials state. Here's a list of reputable REC providers from the U.S. Dept of Energy http://www.eere.energy.gov/greenpower/markets/certificates.shtml?page=0 Green-e products http://www.green-e.org/ipp/certified_products.html Climate Neutral Network http://www.climateneutral.com/ Zero Footprint http://zerofootprint.net/ CDM Gold Standard http://www.cdmgoldstandard.org/ United Nations Intergovernmental Panel On Climate Change http://www.ipcc.ch/
<em>Anonymous</em>'s picture
What you pay for
by Anonymous on July 13, 2006 - 8:06pm
Actually, $5.00 per ton offsets, while low for the retail carbon offset market, is actually quite high for the wholesale market. The Chicago Climate Exchange (www.theccx.com), which counts more than 100 companies, including Ford, Motorola, IBM, Univ. Oklahoma, Dupont and AEP, cities and the State of New Mexico as members, currently trades CO2 offsets for just $4.55/ton. A year ago, it was less than $2.00/ton. Wholesale renewable energy is even less. The USEPA's Green Power Program (www.epa.gov/greenpower)counts Starbucks, Johnson & Johnson, the Commonwealth of Pennsylvania, UPenn, San Diego, FedEx and IBM among its Top 25 green power purchasers. These groups almost certainly paid significantly less than $5/ton of CO2 equivalent and you can bet these groups demanded high-quality offsets. The better question is: why pay more for the same amount of CO2 offset with the same level of verification (Green-e, Environmental Resources Trust or Chicago Climate Exchange, for instance)? Carbonfund.org is proud to offer Green-e, ERT and CCX certified green power and carbon offsets for just $5.50/ metric ton. Reducing the gap between wholesale and retail prices is making it easier for more and more people to go Zero Carbon. E. Carlson Carbonfund.org P.S. Two reasons for high-priced offsets: technology and location. If you want to support wind energy (and jobs and investment) in Massachusetts or solar in Washington State, it'll cost you more. The DOE website mentioned in the previous blog entry shows the disparity in price between green power products with the same certification (Green-e). Why the price difference? For a list of carbon offset providers by price go here: ion.htm...

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