Commentary: Carbon Offsets – Not Taxes or Emissions Caps – Are the Best Path to Carbon Neutrality

Carbon taxes, emissions caps, subsidies – these all seek to reduce atmospheric emissions of greenhouse gases, yet regularly meet criticism and opposition. Is there a more efficient solution to achieving climate balance? Not only is the answer yes, but the potential benefits could far outperform what other strategies hope to achieve.

Most solutions seek to reduce emissions –abruptly or over time– or attain carbon neutrality by utilizing renewable power sources, but increasingly we hear that carbon neutrality is not enough. We must find new technology and techniques to reduce greenhouse gases already in the atmosphere, which will require meaningful investments in research and development. One solution is voluntary carbon offsets.

Carbon offsets are certificates for purchase intended to counteract operational emissions or capture legacy emissions from the past. This is done by paying for a given quantity of CO2 to be neutralized through investment in offsetting projects or technology. Whether the certificates are directed towards conservation efforts, renewable energy, or carbon capture or removal, purchasing carbon offsets provides one party investor satisfaction and the other party an infusion of funding intended to finance a carbon-reduction strategy. When purchasing high quality offsets, these serve as a down payment and incubator toward the best climate solutions available in the laboratory or in the field.

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Presidential Hopeful Jay Inslee Goes National With a Climate Agenda He Failed to Implement in His Own State

by Michael Bastasch   Democratic Washington Governor Jay Inslee has entered the 2020 presidential race as the candidate who has what it takes to unite Americans around one goal: fighting climate change. But while Inslee pushes for a Green New Deal-like economic plan, the Democratic governor has failed to implement…

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Scientist Bullied By Fellow Faculty, Students For Climate Change Heresies Speaks Out

by Michael Bastasch   Climate scientist Cliff Mass is speaking out against “academic political bullying” from University of Washington faculty and students, stemming from Mass’s rejection of a carbon tax initiative favored by activists. “Science can only flourish when there is tolerance for a diversity of viewpoints and ideas,” Mass…

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French President Macron Waves The White Flag On Carbon Taxes

by Michael Bastasch   French President Emmanuel Macron decided to scrap the planned carbon tax on fuels after weeks of protests rocked Paris and other major cities across the country. An Élysée Palace official told The Associated Press Wednesday that “the president decided to get rid of the tax.” Macron’s decision comes one…

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Greenpeace Fighting to Stop Drivers From Learning About Carbon Tax Costs

by Jason Hopkins   Greenpeace is suing to stop the placement of stickers on gas stations that notify drivers of higher fuel prices due to the implementation of a carbon tax. Ontario Premier Doug Ford — who has embarked on a pro-energy agenda in his province since entering office — will execute a…

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