Why has Carbon Balanced increased the cost to offset a tonne of CO2?
• The cost of delivering an offset through forestry-based work varies widely in cost, depending on its location, the land price, the scale and work involved, and the strictness of the monitoring regime. WLT’s Carbon Balance Programme began in 2005 and since then we have revised the price of the work as new projects have been developed, keeping the costs as low as possible, while giving the best conservation value. The new price of 15 per tonne of CO2 stabilises the cost while allowing us to maximise the forest conservation aspect.
