Monday, May 27, 2013

Carbon Credits and How They Help Protect the Environment

By Merv Carlson


An exchange of certified carbon credits between producer and buyer is the nature of Voluntary Carbon Credit Market. Projects follow specific preapproved procedures to generate the carbon credits; whether it's through forest creation, amended agriculture practices or creating energy in alternative ways. Carbon credits can be created and used in a variety of ways. Many different parties are interested in buying into the carbon credit markets - and here is why you as a Canadian citizen should be too.

More provinces across the country are starting to introduce carbon offset systems. The idea and exchange of carbon credits across Canada is going to start becoming more widely known and accepted. Compliance and voluntary markets are two types of carbon credits markets available now. Huge businesses who release huge carbon footprint while manufacturing are required to offset their footprint by buying carbon credits from compliance market. Meanwhile, small businesses and individuals are encouraged to offset their carbon footprint by purchasing carbon credits from voluntary market. The voluntary carbon credit market was born out of the fact that small businesses and individuals should also be responsible for the carbon dioxide they push into the atmosphere.

The conveniences and necessities of daily life have a correlating impact on carbon output into the atmosphere. Every Canadian has a carbon footprint - it is inherent when living a lifestyle that consumes material products, relies upon electricity and travelling from place to place. People who wish to offset their carbon footprint are now given the opportunity to get involved in neutralizing their environmental impact by joining voluntary carbon market.

A buyer purchasing offset credits from the voluntary carbon market can have confidence that the projects generating their credits are validated, certified and genuine. Buyers have the opportunity to get involved in large scale offsetting projects that have huge impact. Voluntary market differs from compliance market in terms that voluntary market allows rooms for unique and environment project ideas to be developed and implemented. The funding collected from various purchases of buyers makes room for potential environment projects to get off the ground. Canadian citizens opting to take initiative and fund their own carbon offsets says something to the government. Additionally, they have the chance to gain involvement in big-scale offsetting projects that can create a large impact on the environment. The preference on carbon neutralization started to gain preference not just on a nationwide scale in Canada, but also in other countries all over the world.

The carbon credit industry keeps on growing these days. Both the compliance and voluntary markets are experiencing more usage, and seeing more transactions taking place. Raising people's environmental awareness is needed because global warming is a "global" trend; it will have bad effects on industry, business and individuals worldwide. Buyers can rest assured the carbon credits they purchase are certified. By purchasing carbon credits, they contribute to help more projects to protect the environment become practical. Just as we all effect global warming; we can all help to offset it as well.




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