Resources
EPA Victoria has developed the following resources in response to queries about the carbon offsetA carbon offset is an investment in a project or activity that reduces greenhouse gas (GHG) emissions or sequesters carbon from the atmosphere that is used to compensate for GHG emissions from your own activities. For more information see here. market. If you have any comments or further questions, please contact us.
Useful Tools
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Relevant Policy Briefings |
Other Helpful Links |
Transaction ModelA beginner's step-by-step guide to purchasing carbon offsets and the issues involved, which is supplemented by the Offset Introduction, Frequently Asked Questions, and Glossary pages. CalculatorsLinks to Carbon Offset Calculators. Recent media attention has focused specifically on how various methods of calculating greenhouse gas emissions from flights can lead to different results. Click here to learn more about navigating issues associated with calculating emissions from your flights. GlossaryA comprehensive list of terms to help you understand the jargon associated with carbon offsets and carbon tradingA term used to describe an ETS involving greenhouse gas emissions. . Last updated October 2011. |
National Carbon Offset StandardThe National Carbon Offset Standard (NCOS) is intended to ensure that consumers have confidence in the voluntary carbon offset market and the integrity of the carbon offset and carbon neutralA voluntary mechanism where an activity, event, household, business or organisation is responsible for no net emissions of greenhouse gases and can therefore be declared carbon neutral in that specific area. Carbon neutrality can be achieved by reducing emissions as far as possible (e.g. energy efficiency, purchasing renewable energy) and then purchasing offsets for any residual emissions in order to achieve zero net emissions. products they purchase. The Kyoto ProtocolThe Kyoto Protocol is an agreement attached to the UNFCCCThe United Nations Framework Convention on Climate Change was established in 1992 at the Rio Earth Summit and currently has 189 signatory countries. It is aimed at stabilising atmospheric concentrations of greenhouse gases. More info which sets targets for nations to reduce their GHGGreenhouse Gases in the earth's atmosphere absorb and re-emit infrared radiation. The Kyoto Protocol lists six major greenhouse gases, which vary in their relative warming effect. The six gases are: carbon dioxide (CO2), methane (CH4), nitrous oxide (N2O), HFCs (hydrofluorocarbons), PFCs (perfluorocarbons) and sulphur hexafluoride (SF6). emissions. |
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