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CARBON OFFSETS
MICHELLE MCGINTY
PROGRAM OUTREACH MANAGER
CENTER FOR RESOURCE SOLUTIONS
PAGE 2
Nongovernmental Organization
(NGO) creating policy and market
solutions to advance sustainable
energy since 1997.
• Renewable energy and climate policy
• Renewable Energy Markets annual conference
• Green-e® certification for suppliers and users of
renewable energy and carbon offsets in the
voluntary market
Center for
Resource Solutions
© 2020 Center for Resource Solutions. All rights reserved.
IPCC’s ‘Global Warming of 1.5°C’ Report
A certificate representing the reduction of one metric ton (2,205 lbs) of
carbon dioxide (or equivalent) emissions (mtCO2e)
What is a carbon offset?
PAGE 4
© 2020 Center for Resource Solutions. All rights reserved.
Renewable Energy Industrial Gas Destruction
Energy Efficiency Coal Mine Methane Capture
Fuel Switching Agriculture, Forestry and
Other Land Use (AFOLU)
Landfill Methane Capture Industrial Process Emissions
Livestock Methane Capture Transportation
•Permanence
•Additionality
•Verified
•Enforceable
•Real
PAGE 5
© 2020 Center for Resource Solutions. All rights reserved.
Carbon offsets must cause additional
emission reductions
Baseline Scenario (BAU)
Offset Project Activity
Emissions Reductions
(1 tonne = 1 carbon offset)
Emissions
(mtCO
2
e)
Time
Transportation, Electricity and Industry
Cause the Most Carbon Emissions in the US
mtCO2e
Green-e Climate Certification for Carbon Offsets
PAGE 7
Greenhouse gas
emissions
reduction
Carbon offset
project
•Permanence
•Additionality
•Verified
•Enforceable
•Real
Green-e Climate Endorsed
Project Level Standards
Project-level certification
standards © 2021 Center for Resource Solutions. All rights reserved.
Green-e Climate Certification for Carbon Offsets
PAGE 8
•Additionality
•Permanence
•Real
•Ownership
•Verified
•Enforceable
•Disclosure
Retail carbon
offset Retail
consumer
Retail
certification
standard
Verification Audit
ensures no double
selling or counting
Marketing Audit
ensures clear
consumer
disclosures
© 2021 Center for Resource Solutions. All rights reserved.
Some Tools to Reduce Carbon
1. Energy Efficiency
2. Renewable Energy
3. Carbon Offsets
• Can only be used for net carbon emission calculations
PAGE 10
© 2020 Center for Resource Solutions. All rights reserved.
Source: Ecosystem Marketplace - Voluntary Carbon Markets Insights, 2018 Outlook and First-Quarter Trends
Carbon offsets are global
PAGE 11
© 2020 Center for Resource Solutions. All rights reserved.
Carbon offsets are global
Source: State of the Voluntary Carbon Markets 2020 – Installment #2: The Only Constant is Change,
Ecosystem Marketplace, Dec 2020
Vs.
Co-benefits
Project Impacts
• Carbon Reduction
Project Impacts
• Carbon Reduction
• Social – job creation and training, health benefits
• Environmental – biodiversity, watersheds
Sourcing Carbon Offsets
• Calculate Emissions:
• EPA carbon footprint calculator
• https://www3.epa.gov/carbon-
footprint-calculator/
• Full List of Sellers:
• Green-e Website:
• https://www.green-e.org/certified-
resources/carbon-offsets
• Purchase Online:
• Green Mountain Energy
• https://www.greenmountainenerg
y.com/home-energy-
solutions/carbon-offsets/
© 2020 Center for Resource Solutions. All rights reserved.
Contact.
Michelle McGinty
MANAGER, PROGRAM OUTREACH
michelle.mcginty@resource-solutions.org
415.568.4284
www.resource-solutions.org

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Carbon offsets

  • 1. CARBON OFFSETS MICHELLE MCGINTY PROGRAM OUTREACH MANAGER CENTER FOR RESOURCE SOLUTIONS
  • 2. PAGE 2 Nongovernmental Organization (NGO) creating policy and market solutions to advance sustainable energy since 1997. • Renewable energy and climate policy • Renewable Energy Markets annual conference • Green-e® certification for suppliers and users of renewable energy and carbon offsets in the voluntary market Center for Resource Solutions © 2020 Center for Resource Solutions. All rights reserved.
  • 3. IPCC’s ‘Global Warming of 1.5°C’ Report
  • 4. A certificate representing the reduction of one metric ton (2,205 lbs) of carbon dioxide (or equivalent) emissions (mtCO2e) What is a carbon offset? PAGE 4 © 2020 Center for Resource Solutions. All rights reserved. Renewable Energy Industrial Gas Destruction Energy Efficiency Coal Mine Methane Capture Fuel Switching Agriculture, Forestry and Other Land Use (AFOLU) Landfill Methane Capture Industrial Process Emissions Livestock Methane Capture Transportation •Permanence •Additionality •Verified •Enforceable •Real
  • 5. PAGE 5 © 2020 Center for Resource Solutions. All rights reserved. Carbon offsets must cause additional emission reductions Baseline Scenario (BAU) Offset Project Activity Emissions Reductions (1 tonne = 1 carbon offset) Emissions (mtCO 2 e) Time
  • 6. Transportation, Electricity and Industry Cause the Most Carbon Emissions in the US mtCO2e
  • 7. Green-e Climate Certification for Carbon Offsets PAGE 7 Greenhouse gas emissions reduction Carbon offset project •Permanence •Additionality •Verified •Enforceable •Real Green-e Climate Endorsed Project Level Standards Project-level certification standards © 2021 Center for Resource Solutions. All rights reserved.
  • 8. Green-e Climate Certification for Carbon Offsets PAGE 8 •Additionality •Permanence •Real •Ownership •Verified •Enforceable •Disclosure Retail carbon offset Retail consumer Retail certification standard Verification Audit ensures no double selling or counting Marketing Audit ensures clear consumer disclosures © 2021 Center for Resource Solutions. All rights reserved.
  • 9. Some Tools to Reduce Carbon 1. Energy Efficiency 2. Renewable Energy 3. Carbon Offsets • Can only be used for net carbon emission calculations
  • 10. PAGE 10 © 2020 Center for Resource Solutions. All rights reserved. Source: Ecosystem Marketplace - Voluntary Carbon Markets Insights, 2018 Outlook and First-Quarter Trends Carbon offsets are global
  • 11. PAGE 11 © 2020 Center for Resource Solutions. All rights reserved. Carbon offsets are global Source: State of the Voluntary Carbon Markets 2020 – Installment #2: The Only Constant is Change, Ecosystem Marketplace, Dec 2020
  • 12. Vs. Co-benefits Project Impacts • Carbon Reduction Project Impacts • Carbon Reduction • Social – job creation and training, health benefits • Environmental – biodiversity, watersheds
  • 13. Sourcing Carbon Offsets • Calculate Emissions: • EPA carbon footprint calculator • https://www3.epa.gov/carbon- footprint-calculator/ • Full List of Sellers: • Green-e Website: • https://www.green-e.org/certified- resources/carbon-offsets • Purchase Online: • Green Mountain Energy • https://www.greenmountainenerg y.com/home-energy- solutions/carbon-offsets/
  • 14. © 2020 Center for Resource Solutions. All rights reserved. Contact. Michelle McGinty MANAGER, PROGRAM OUTREACH michelle.mcginty@resource-solutions.org 415.568.4284 www.resource-solutions.org