Includes bibliographical references (pages 225-235) and index.
CONTENTS NOTE
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Introduction to carbon offsetting -- A comparison of offset programs -- International offset mechanisms -- Offset features of cap-and-trade systems -- Offset features of other GHG reduction programs -- Greenhouse gas accounting protocols -- Voluntary offset standards -- Carbon offset funds -- Glossary.
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SUMMARY OR ABSTRACT
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Greenhouse gas (GHG) offsets have long been promoted as an important element of a comprehensive climate policy approach. Offset programs can reduce the overall cost of achieving a given emission goal by enabling emission reductions to occur where costs are lower. Offsets have the potential to deliver sustainability co-benefits, through technology development and transfer. They can also develop human and institutional capacity for reducing emissions in sectors and locations not included in a cap and trade or a mandatory government policy. However, offsets can pose a risk to the environmental in.