Carbon offset programs allow companies, cities, and consumers to reduce their overall carbon footprint by reducing an equal or higher rate of the emissions they produce. For example, companies that produce carbon emissions in their manufacturing process can contribute the amount of money needed to plant enough trees to absorb the company’s annual carbon emission. This effectively gives the company a neutral carbon output.
Other ways to offset carbon emissions are by investing in renewable energy projects or energy-efficient buildings and vehicles. Installing residential solar panels or purchasing an electric car can also offset carbon at the individual level. Studies have shown that carbon offset programs can slow climate change and provide financial incentives for companies to invest in environmentally friendly practices.