The Role of Offsets in a Greenhouse Gas Emissions Cap-and-Trade Program: Potential Benefits and Concerns
A U.S. Congressional Research Service report explores the issue of greenhouse gas (GHG) emissions offsets as part of a GHG emissions reduction program. According to the report, an offset is a measurable reduction, avoidance, or sequestration of GHG emissions from a source not covered by an emission reduction program. If a cap-and-trade program includes offsets, regulated entities have the opportunity to purchase them to help meet compliance obligations.
This Summary Last Modified On: 4/22/2011