Carbon offset

{
  "id": "MLC-T-ENV-004179",
  "term": "Carbon offset",
  "field": "Environment",
  "definitions": [
    "1. Emission savings or storage that can be considered to cancel out emissions that would otherwise have occurred. For example, electricity produced from burning landfill gas is considered to replace electricity from the grid, leading to a carbon offset because landfill gas production and combustion results in lower GHG emissions than grid electricity production from fossil fuels.\n\n2. Represent a quantity of GHG emissions reductions, measured in metric tons of carbon dioxide-equivalent (CO₂e) that occur as a result of a discrete project. The emissions reduction from that project can be sold to enable the purchaser/owner to claim those GHG reductions as their own. Renewable energy is one of many possible offset project types.",
    "Represent a quantity of GHG emissions reductions, measured in metric tons of carbon dioxide-equivalent (CO₂e) that occur as a result of a discrete project. The emissions reduction from that project can be sold to enable the purchaser/owner to claim those GHG reductions as their own. Renewable energy is one of many possible offset project types."
  ],
  "subject": [
    "Social and economic factors",
    "Climate change"
  ],
  "references": [
    "Waste Reduction Model (WARM) Definitions and Acronyms",
    "GPP Glossary",
    "Green Power Markets Glossary"
  ],
  "url": "https://mlchart.com/terminology/environment/carbon-offset/"
}