There is a way of properly offsetting emissions, but these are not recommended by the consultants working in this space. They won’t work forever but they are real offsets now.
An organisation buys LGCs for its electricity. Easy.
For non electricity energy use it works out the CO2 equivalent of those emissions. The organisation buys LGCs in the amount that the renewable energy generated reduces emissions that would otherwise have occurred for each MWh of electricity produced in the system where the electricity was generated. Thus, if the MWh used on the system would have seen 800kg of CO2 emitted, then purchasing an LGC can offset that amount of CO2.
This amount declines of course as the grid gets cleaner (and you will have to buy more LGCs). Once the grid produces no CO2, there is no offsetting. Then things get harder.
But of course by then you should have electrified many more things and you will be getting all of your electricity for them from CO2 free sources making any offsetting a much smaller task.
Great post.
There is a way of properly offsetting emissions, but these are not recommended by the consultants working in this space. They won’t work forever but they are real offsets now.
An organisation buys LGCs for its electricity. Easy.
For non electricity energy use it works out the CO2 equivalent of those emissions. The organisation buys LGCs in the amount that the renewable energy generated reduces emissions that would otherwise have occurred for each MWh of electricity produced in the system where the electricity was generated. Thus, if the MWh used on the system would have seen 800kg of CO2 emitted, then purchasing an LGC can offset that amount of CO2.
This amount declines of course as the grid gets cleaner (and you will have to buy more LGCs). Once the grid produces no CO2, there is no offsetting. Then things get harder.
But of course by then you should have electrified many more things and you will be getting all of your electricity for them from CO2 free sources making any offsetting a much smaller task.
Thanks, brilliant post