Carbon offsets - how do they work, and who sets the rules?
Carbon offsets are when a polluting company buys a carbon credit to make up for the greenhouse gas it has emitted. The money should be used to fund action somewhere in the world that removes the same amount of carbon out of the air, or to prevent carbon emissions.
Detractors say that offsetting is 'greenwash', allowing companies to avoid cutting their emissions while still being able to claim they are, or will be, carbon neutral.
Proponents say offsetting, if done properly, can help channel funds to conservation and sustainable development projects that will reduce emissions, giving companies…
The skinny
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