Carbon Credit Development

A carbon credit, also known as a carbon offset, is a tradeable certificate signifying the reduction of one tonne of carbon dioxide or its equivalent gases (CO2e), measured in accordance with a methodology sanctioned by an accredited registry.

To produce a carbon credit/offset, your project must qualify by reducing atmospheric emissions through at least one of the following methods: storing (sequestering) carbon, preventing emissions by altering activities and practices, or capturing emissions that would otherwise enter the atmosphere.

A top-tier carbon offset must:

• Be additional: the action directly results in a decrease in greenhouse gas (GHG) emissions that would not have occurred otherwise.
• Be permanent: the reduction in emissions is irreversible.
• Prevent issues like double counting (ensuring it's sold only once) and leakage (where the activity merely relocates).
• Undergo validation and verification by reputable third parties.
• Be certified by a recognized standard, which, in North America, could include developing Canadian federal standards, as well as state and provincial compliance offset registries (for example, the Alberta Emissions Offset Registry), Climate Action Reserve (CAR), American Carbon Registry (ACR), Gold Standard, and Verra.