A key component of the emissions reduction strategy in many jurisdictions is the support for voluntary emission reductions, that are formalized via marketable and tradable carbon offsets. Many organizations are voluntarily seeking ways to reduce their greenhouse gas emissions and carbon footprint to meet regulatory obligations, to take advantage of economic incentives, or to take action on social responsibility objectives.
Emission Reduction & Removal Process
GHG emission reductions or removals must be quantified, tracked and recorded in a credible and verifiable way, and this is done differently in each jurisdiction. In Alberta, for example, Brightspot Climate experts have worked with a number of clients to develop Emission Offset Projects within the Alberta Emission Offset System. The general process for implementing an emission reduction project to generate emission offsets (also known as carbon credits) are summarized in the following steps: