Why do Carbon Offset costs vary?
In some areas of the country, there are legal requirements for utilities to include amounts of renewable energy in their mix, and a constrained supply drives carbon credit prices very high. Conversely, other areas have abundant sources of renewable energy, and the energy is less expensive to produce. CARBNFOOT prices it’s credits in a way designed to give the projects the difference between the revenues and tax benefits available to them, which is what they really need for revenues to get financed and projects to get built. Importantly, by purchasing and paying up front for the long-term offsets, we provide the projects the financial equivalent of a much higher price paid over time – every dollar up front equates to $2 to $3 paid over time. BACK TO TOP Q: Explain in layman’s terms how CO2 reduction is achieved in your projects. It’s important that our methodologies be transparent to our customers who invest in our growing portfolio of projects. Disclosing our estimating methods allows