NftP Climate News: How Should We Count Carbon?

Written by Liz Couture

February 9, 2020

If you are not the “accounting type”, you could be forgiven for feeling confused about all the number-crunching “gobblygook” words used in the climate change vocabulary these days.

Take the words “carbon offset”, for example. It was recently announced in The Economist magazine that there would be global accounting done for not just one, but TWO types of carbon offsets! One type of offset is a direct reduction and the other is an indirect reduction. Say that I book a trip by airplane and I wish to reduce my carbon footprint impact, I can put some money towards an offset that helps build a forest somewhere to “sink some carbon” via the breathing of the trees. Since I ca