Frequently Asked Questions
A carbon offset is a reduction in emissions of carbon dioxide or other greenhouse gases made in order to compensate for emissions made elsewhere.
Offsetting is a climate action that enables people to compensate for the emissions they cannot avoid, through investment in global projects that either absorb or reduce emissions elsewhere. Absorption is via tree sequestion (essentially trees sucking up CO2 and storing in their trunks) and reduction via investment in renewable energy schemes for example which ensure the same volume of energy is produced from wind or solar and thus avoiding production from fossil fuels.
A carbon credit is a financial unit of measurement which represents the removal of one tonne of carbon dioxide equivalent (CO2e) from the atmosphere. Following the primary action of emission reduction, individuals and companies can purchase carbon credits to take action and offset their residual or unavoidable emissions.
A carbon footprint illustrates the carbon emissions generated by an individual or business in the form of the volume of emissions released into the atmosphere (measured in tonnes of CO2e). By measuring and understanding what constitutes a carbon footprint, individuals and organisations alike can take positive steps to reducing their emissions and subsequently offsetting those which are unavoidable.
The analogy of a footprint is because the emissions generated represent an individual’s impression on the planet.
Greenhouse gases (GHGs) cause the greenhouse effect, otherwise known as global warming. A greenhouse gas absorbs and emits radiant energy within the thermal infrared range. The primary greenhouse gases in earth's atmosphere are water vapor, carbon dioxide, methane and nitrous oxide.
Humans produce the primary GHC in the form of carbon dioxide (CO2) in vast quantities through things like burning coal, oil and gas for energy, petrol and diesel in cars, aviation fuel and also deforestation. Individual emissions are made up from the energy used for electricity and travel in addition to the energy required to produce products and services consumed on a day to day basis.
Net Zero is the name used to describe reducing CO2 emissions to zero. Reducing CO2 emissions to zero represents the long-term ambition to de-carbonise electricity generation and transportation in the UK along with significantly reduced emissions form agriculture.
The UK government has passed legislation to reach net zero carbon emissions by 2050.
iOffset retire all carbon credits on Gold Standard and The VCS public registries in the name of the end consumer or business by default as we believe it is fundamental to provide customers with evidence of their investment and build trust to share the message. iOffset are audited on an annualised basis to ensure the volume of credits sold exactly matches those bought and subsequently retired on the carbon registries.
The Paris Agreement is the first-ever universal, legally binding global climate change agreement, adopted at the Paris climate conference (COP21) in December 2015. The Paris Agreement sets out a global framework to avoid dangerous climate change by limiting global warming to well below 2°C and pursuing efforts to limit it to 1.5°C. It also aims to strengthen countries’ ability to deal with the impacts of climate change and support them in their efforts.
The Paris Agreement applies to all countries and its ambition introduces global net zero emissions targets. The UK government have gone a step further an introduced legally binding legislation to ensure the UK is Net Zero by 2050.
The Gold Standard & VCS registry apply the principle of additionality to ensure the offset took place. Additionally, is a term used in markets for tradable greenhouse gas (GHG) emissions reductions (carbon offsets). It means that a project or activity that reduces GHGs would not have happened without the offset buyer – you!