What is the difference between carbon credits & offsets?
A carbon credit is a commercial term used to assign a value to a metric tonne of greenhouse gas emissions. When you purchase a carbon credit from a third party you are helping to fund a project that will either reduce or sequester a metric tonne of carbon emissions from the atmosphere in another location. As a result of purchasing a carbon credit from a third party you are effectively ‘offsetting’ some or all of your own carbon emissions.
