The terms carbon credit, emission offset, carbon offset, and offset credit can be used interchangeably, though they can mean slightly different things.
The definition Re(source) Energy uses is based on the Alberta Emission Offset System.
An offset refers to a reduction in greenhouse gas (GHG) emissions that is used to compensate for emissions that occur elsewhere.
An offset credit or carbon credit is a transferrable instrument certified by the Alberta Emission Offset Registry to represent an offset of one tonne (1,000 kg) of carbon dioxide (CO2), or an equivalent amount of other GHGs (carbon dioxide-equivalent or CO2e).
For solar, one carbon credit is equal to one megawatt-hour (MWh) of solar electricity that offsets fossil-fuel based electricity on the electricity grid.
Carbon credits and Renewable Energy Certificates (RECs) are not the same. Click here to learn more.
Re(source) Energy, Tribe Solar, and International Renewable Energy Systems Inc conducted a solar energy assessment for the Jerry Forbes Centre Foundation‘s Centre for Community Spirit. The Centre hosts 25 charities and nonprofits:630 CHED Santas AnonymousABC Head Start SocietyAlberta DreamsArts on the AveCeliac EdmontonCanadian Hard of Hearing AssociationCaregivers AlbertaChildren’s Heart SocietyChristmas
Re(source) Energy partners with UtilityNet and The Solar Club to expand a community-centric carbon offset payment platform
You have two main options when it comes to your solar PV system’s carbon credits. You can either keep or sell them. Keep Your Carbon Credits Giving up ownership of your system’s carbon offsets means the buyer pays you to reduce carbon dioxide emissions on the electric grid. You are