Do CoolPass carbon offsets meet the important test of additionality ?
Additionality is an important metric when evaluating the quality of carbon offsets. The test measures whether an offset represents real carbon reductions, or whether the reductions would have happened anyway. If the purchase of carbon offsets is a critical factor in making the reductions happen, the reductions are said to be ‘additional’, and not business-as-usual. For instance, some carbon offsetters use the planting of trees as an offset to CO2. While trees are important, many logging companies are required to re-plant forests they cut as a condition to harvesting. That would be business-as-usual and not meet a quality additionality standard. CoolPass offsets are additional, adhering to strict third-party additionality standards and verification. CoolPass is a strong proponent of quality standards in the voluntary offset market, and we purchase our offsets from verified and audited exchange sources.
