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{{refimprove|date=April 2011}}
{{refimprove|date=April 2011}}
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'''Offsetters''' is a Vancouver-based organization that aims to guide people and organizations in reducing their climate impact. It was founded by alumni of the Institute for Resources, Environment, and Sustainability at the University of British Columbia.<ref>{{Cite web |title=Sustainable Travel Guidance {{!}} Department of Earth, Ocean and Atmospheric Sciences |url=https://www.eoas.ubc.ca/climate-crisis/carbon-offset-resources }}</ref> Offsetters provides [[greenhouse gas]] management solutions. Their platform is "Less Talk, More Action". Their social objective is to fight [[global warming]] and to support sustainable development in the local communities surrounding their projects. Around 80% of their funds received in 2006 were directly invested into projects.

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'''Offsetters''' is a Vancouver based organization that aims to guide people and organizations seeking to reduce their climate impact. It was established through the Institute for Resources, Environment, and Sustainability at the University of British Columbia. Offsetters aim to provide [[greenhouse gas]] management solutions. Their platform is "Less Talk, More Action". Their social objective is to contribute the most to fight [[global warming]] and to help sustainable development in the local communities surrounding their projects. Around 80% of their funds received in 2006 were directly invested into projects.


== History ==
== History ==
In 2005, two professors from the University of British Columbia decided that many of the companies that offer offsets have huge overhead costs/profit margins and very little of the funds generated from offset purchases were used in the projects.{{Citation needed|date=April 2011}} They also found that many obtained offsets from questionable sources that may not provide real reductions in the amount of {{CO2}} in the atmosphere. They founded Offsetters because they wanted more of what citizens invested to go directly into credible offset projects. Offsetters was originally conceived as a not-for-profit organization, but the mandate changed somewhat when it was bought out by [[Ledcor Group of Companies]] in 2010.
In 2005, two professors from the University of British Columbia decided that many of the companies that offer offsets have huge overhead costs/profit margins and very little of the funds generated from offset purchases were used in the projects.<ref>{{Cite web|title=Offsetters » About Us » About Us|url=https://www.offsetters.ca/about-us|website=www.offsetters.ca|access-date=2020-05-08}}</ref> They also found that many obtained offsets from questionable sources that may not provide real reductions in the amount of {{CO2}} in the atmosphere.


Offsetters was originally conceived as a not-for-profit organization. In July 2015, Offsetters acquired Forest Finest Consulting GmbH, a leading German-based sustainable agro-forestry company, and CO2OL Natural Carbon Collection, a German-based voluntary carbon project developer and retailer.<ref>{{Cite web|title=Offsetters Announces New Corporate Identity - NatureBank {{!}} NatureBank|url=https://www.naturebank.com/investor-relations/offsetters-announces-new-corporate-identity-naturebank/|website=www.naturebank.com|access-date=2020-05-08}}</ref> In October 2015, the Offsetters became the company NatureBank Asset Management Inc. (“NatureBank”) and operated Offsetters Clean Technology Inc. as a child company.<ref>{{Cite web|title=Offsetters Announces New Corporate Identity - NatureBank {{!}} NatureBank|url=https://www.naturebank.com/investor-relations/offsetters-announces-new-corporate-identity-naturebank/|website=www.naturebank.com|access-date=2020-05-08}}</ref>
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==Operations==
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Offsetters invest in projects that take [[greenhouse gases]] out of the atmosphere or stop them from being emitted in the first place. All of the purchases for offsets are invested into carbon offset projects. By installing energy efficient heating systems on a large scale their projects offset the emissions from the client's activities, helping them to become [[climate neutral]].


Today Offsetters still operates under the parent company NatureBank.
⚫
In order to stabilize the Earth's climate, Offsetters believe a reduction in global emissions by more than 70% is needed. The projects that are initiated and promoted by Offsetters aim to reduce [[greenhouse gas]] by 70% or more, and should sustain themselves once started.

⚫
==Operations==
⚫
Offsetters invest in projects that take [[greenhouse gases]] out of the atmosphere or stop them from being emitted in the first place. All of the purchases for offsets are invested into [[carbon offset]] projects. By installing energy efficient heating systems on a large scale their projects offset the emissions from the client's activities, helping them to become [[climate neutral]].


⚫
In order to stabilize the Earth's climate, Offsetters believe a reduction in global emissions by more than 70% is needed. The projects that are initiated and promoted by Offsetters therefore aim to reduce [[greenhouse gas]] by 70% or more, and should sustain themselves once started.
=== High Quality Carbon Offset Projects ===
Offsetters defines high quality carbon offset projects by 5 principles:
* ''Projects that reduce total [[greenhouse gas]] emissions in the world'': Only supporting projects that lead to real reductions in total greenhouse gas emissions worldwide.
* ''Projects that meet or exceed standards in Canada'': Projects that exceed environmental and social standards in Canada are highly credible by Offsetters standards. Some offset projects (e.g., pig farms in Latin America) would fail Canadian standards in animal care and water pollution prevention.
* ''Projects that provide lasting environmental benefit'': This means that energy efficiency technologies and renewable energy are favoured over tree planting. Greenhouse gas savings can be measured and created in energy efficiency and renewable projects.
* ''Projects that are socially beneficial'': Projects that bring social benefits as well as environmental gains help make sure that there will be a social desire to sustain them in the long run.


== References ==
== References ==
{{Reflist}}
* [http://www.cooldrivepass.com/communications/Eclipseonetonne.cfm Interview with Eclipse One Tonne Challenge]
* [http://news.yahoo.com/s/ap_travel/20060703/ap_tr_ge/travel_know_how_offsetting_pollution Interview with Associated Press]
* [http://www.theglobeandmail.com/servlet/story/LAC.20061005.WHVAUGHAN05/TPStory/Environment Interview with the Globe and Mail]


==Further reading==
* [http://www.cooldrivepass.com/communications/validationverificationoffsetsdoc.cfm Verification and Validation of Offsets]
* [http://www.davidsuzuki.org/Climate_Change/What_You_Can_Do/carbon_neutral.asp David Suzuki Foundation on Carbon Neutrality]
* [http://www.cheap-parking.net/flight-carbon-emissions.php#form Flight Emission Calculator]


==External links==
==External links==

Latest revision as of 04:42, 27 September 2023

Offsetters is a Vancouver-based organization that aims to guide people and organizations in reducing their climate impact. It was founded by alumni of the Institute for Resources, Environment, and Sustainability at the University of British Columbia.[1] Offsetters provides greenhouse gas management solutions. Their platform is "Less Talk, More Action". Their social objective is to fight global warming and to support sustainable development in the local communities surrounding their projects. Around 80% of their funds received in 2006 were directly invested into projects.

History

[edit]

In 2005, two professors from the University of British Columbia decided that many of the companies that offer offsets have huge overhead costs/profit margins and very little of the funds generated from offset purchases were used in the projects.[2] They also found that many obtained offsets from questionable sources that may not provide real reductions in the amount of CO2 in the atmosphere.

Offsetters was originally conceived as a not-for-profit organization. In July 2015, Offsetters acquired Forest Finest Consulting GmbH, a leading German-based sustainable agro-forestry company, and CO2OL Natural Carbon Collection, a German-based voluntary carbon project developer and retailer.[3] In October 2015, the Offsetters became the company NatureBank Asset Management Inc. (“NatureBank”) and operated Offsetters Clean Technology Inc. as a child company.[4]

Today Offsetters still operates under the parent company NatureBank.

Operations

[edit]

Offsetters invest in projects that take greenhouse gases out of the atmosphere or stop them from being emitted in the first place. All of the purchases for offsets are invested into carbon offset projects. By installing energy efficient heating systems on a large scale their projects offset the emissions from the client's activities, helping them to become climate neutral.

In order to stabilize the Earth's climate, Offsetters believe a reduction in global emissions by more than 70% is needed. The projects that are initiated and promoted by Offsetters therefore aim to reduce greenhouse gas by 70% or more, and should sustain themselves once started.

References

[edit]
  1. ^ "Sustainable Travel Guidance | Department of Earth, Ocean and Atmospheric Sciences".
  2. ^ "Offsetters » About Us » About Us". www.offsetters.ca. Retrieved 2020-05-08.
  3. ^ "Offsetters Announces New Corporate Identity - NatureBank | NatureBank". www.naturebank.com. Retrieved 2020-05-08.
  4. ^ "Offsetters Announces New Corporate Identity - NatureBank | NatureBank". www.naturebank.com. Retrieved 2020-05-08.


[edit]
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