Carbon Credits

Carbon offsets, also know as carbon credits, carry many varied names depending on which scheme nationally and internationally they belong to. Established as a tradable unit, they represent carbon dioxide reduction through projects that help reduce or avoid carbon dioxide emissions into the atmosphere.

Carbon offsets are used to help businesses and consumers balance their own emissions. For every tonne of CO2 produced, 1 carbon offset may be purchased to neutralise that emission.

The price paid for an offset goes towards the project they were created from, funding the reduction process which means the higher the demand for offsets, the higher the growth of carbon dioxide reducing projects. For example, purchasing a credit originally created by a methane project ensures that money is going back into funding the continual capture of methane from that project.

There are many different forms of environmental credits; generally there are carbon credits and renewable energy certificates. The notable difference is that a carbon credit reduces CO2 in the atmosphere by means of preventing the release of the carbon dioxide or capturing released emissions. Each offset equates to the reduction of 1 tonne of CO2.

Alternatively, a renewable energy certificate is the generation of 1 mwh of electricity into the grid. This is the stronger form, as not only does this produce renewable energy, but it also prevents the CO2 from being released into the atmosphere in the first place.

Businesses and consumers can purchase renewable energy certificates allocating the renewable energy in the grid for their own use. Carbon offsets reduce CO2 through projects such as tree planting and methane capture. For every project, measurable evaluations have been made to determine an amount in tonnes of carbon dioxide reduction. For every 1 tonne reduction 1 carbon offset is created.

For example, the biomass or coal seam project works on capturing the methane release from waste and coal seams and burning it to create electricity. As methane is a very harmful gas, 21 times more harmful than CO2 in fact, having 1 tonne of methane in the atmosphere is as bad as having 21 tonnes of CO2 in the atmosphere. By capturing that 1 tonne of methane to then burn to generate electricity, it is converted into 1 tonne of CO2, therefore reducing 20 tonnes of CO2 equivalent being released and helping to reduce the effect of global warming – and generating electricity at the same time.

When you purchase carbon offsets from Green Pass Australia, your money is used to purchase the carbon offsets on your behalf from carbon reduction projects. Projects that create carbon offsets need the sales of the offsets to fund their ability to reduce CO2.

All offsets are sourced from established and certified sources that are validated according to government regulations and accredited under the NSW GGAS scheme
These projects include the following;
Forestry
Energy efficiency
Methane capture
Industrial Gas

Green Pass Australia sources carbon offsets from methane capture projects. Methane capture is one of the strongest carbon offsets available today. The capture of methane and prevention of its release into the atmosphere is extremely important in the fight against global warming.

Purchase carbon offsets

Methane Capture from Landfill