Key Principles and Practical Approach to Carbon Offsetting

Wednesday 24th November 2021
15:00  -  15:50

Theatre :  Energy & Carbon Management Strategy 

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Over the past decade, carbon offsetting has become increasingly popular, but it has also become – for a mixture reasons – increasingly controversial.

There is also a degree of confusion as to where is the right time and place to deploy a carbon offsetting strategy as part of the armoury of tools on the journey to decarbonisation.

At present, carbon offsetting is voluntary and unregulated. The current offsets market “operates in the shadows”, with some good “but lots of bad” schemes, former Bank of England governor Mark Carney, now UN special envoy on climate action and finance, has warned.

Let’s be very clear about our panellists position on carbon offsetting:
it should be only considered when all other approaches/routes to reduce carbon emissions have been exhausted. This may include which may include consumption reduction technologies, behavioural programmes, green procurement strategies, and renewable technologies.

However, it is understood that this is a strategy that might be on the card when all other measures have been implemented and that you are now left with some carbon emissions that can’t be reduced otherwise and that you wish to neutralise.

Ben Burggraaf - Head of Energy Dŵr Cymru Welsh WaterBen Burggraaf Head of Energy
Dŵr Cymru Welsh Water
Mike TournierMike Tournier Carbon Reduction SME
Achilles

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