What is Carbon Offsetting and Being Carbon Neutral?
The desire for an individual or business to go “Carbon Neutral” is a scheme or method to attempt to achieve a nett zero carbon footprint…… The scheme works by compensating calculated carbon emissions by “offsetting it”, or eliminating carbon of the same amount. Carbon credits from renewable energy sources can also be used to suffice the difference.
The scheme is applicable to carbon produced in transportation, energy generation and other industrial processes. The scheme not only covers carbon emissions but the entire spectrum of greenhouse gases which include nitrous oxide, hydro fluorocarbons, per fluorocarbons and other harmful gases.
There are 2 Types of Carbon User markets-
Compliance Market – these are large industries including factories, companies and the government. These parties buy carbon credits to reduce their own carbon emission. The Annex 1 parties under the Kyoto protocol set a cap to their limit of carbon emissions. Any excess will result to offsetting it with carbon credits.
Voluntary Market – This is a smaller market, usually a personal compliance and is not mandatory. This market still covers all avenues for carbon emission such as your travels, your transportation emissions, your electrical usage and others.
Reasons for carbon credits-
Most importantly, to make it cheaper and more economically viable to produce energy from clean renewable sources rather than energy that it is polluting.
Buying carbon credits will also result in billions of dollars in revenue for the government. Ultimately the revenues will be used in the research and development of renewable energy sources, most commonly it is for solar energy and wind turbine projects as these as the most economically viable.
And these projects will then offset the actual or physical carbon present in the environment, with the aim of reducing pollution and preventing further effects from environmental and damage global warming.
The Difference between Direct and Indirect Emissions-
Direct emissions are carbon produced in manufacturing processes, owned transportation vehicles and other related emission which is directly modifiable by the owner.
On the other hand, indirect emissions are carbon produced without the direct control of an individual or a purchase of a product or service like electrical consumption, public transportation and commercial products available in the market.
The “Goal”-
The aim of the scheme is to eventually reduce the carbon footprint of individuals and companies by achieving a sustainable affordable renewable energy source!
Premier Solar Australia now has a new dedicated Commercial Solar Division in Queensland to help businesses to enjoy the economic advantages of reducing their power usage and becoming close to carbon neutral by installing a mid size Solar PV System of 10 -30 KW……
Our Specialist team of Consultants are offering Free Business Carbon Footprint Assessments in April, please Call 1800 797 273 to Book




