Enterprise Carbon Credits - Creating Order In The Chaos

Angelique van Engelen — Mon, 31 Mar 2008 10:51:54 +0000

Companies involved in offsetting their carbon footprint have access to over twenty tools to calculate their emissions, most of which have been launched in the last year. So far, the voluntary carbon offsetting market is dominated by European players. Reviews of their efforts have not been all too positive, so US companies following in their footsteps do best to avoid the pitfalls.

The main criticism centers on what’s left out of the equation. Companies embarking on greening up their business practices are faced with a daunting task and most go about it the “easy way” at first. There’s the option to simply offset carbons on the Chicago Climate Exchange, the European Climate Exchange or on the newly established NYMEX venture, the Green Exchange. Businesses have access to these exchanges if they wish to reduce their overall greenhouse gas emissions by as little as 1%.

Green Options » Climatechangecorp

Enterprise Carbon Credits - Creating Order In The Chaos