Before explaining what a carbon credit is, we should first explain what carbon offsetting is.
Put simply, carbon offsetting is a way for people and businesses to invest in projects that prevent or reduce greenhouse gas emissions from being released into the atmosphere.
A carbon credit is a formal recognition that one tonne of carbon dioxide has been either removed from the atmosphere or prevented from being released into the atmosphere.
One carbon credit equals one tonne of carbon dioxide equivalent.
Carbon credits are created by activities such as planting forests; reducing deforestation, generating electricity through wonderful wind turbines and solar panels; cutting back on methane released from landfills; and putting in place energy efficiency measures.
Yonderr only sells carbon credits generated from projects that are accredited under the Verified Carbon Standard or the NSW Greenhouse Gas Reduction Scheme.
But I’ve looked at other carbon offsetting companies’ websites and they charge a different price to Yonderr, we hear you ask.
Surely a tonne’s a tonne, right?
Well, not always in terms of cost. A tonne of carbon can really vary in price. There are two main reasons for this.
Firstly, the cost of producing the offset. And secondly the technique used to work out how much greenhouse gas was produced in a specific activity.
Projects that are more complex, use expensive or rare technologies, need high investment capital or run in places with high operating costs, have higher priced offsets. Makes sense really.
Some certification standards need a lot of administration and scientific work.
This also increases the cost of the offset. There are all sorts of things like demand and availability which can affect the cost, too.
Because Yonderr is backed by big brother CO2 Australia (who’s the leading carbon services company in Australasia) we can buy lots of credits in bulk, which also helps keep costs down.
Yonderr carbon credits are $12 each.
The credit is validated, so you’ve got nothing to worry about. Everything you do to offset your carbon footprint is one step in the right direction to making our environment more sustainable.
To find out more information visit www.yonderr.com.au