Paradigm Project’s Kenya Cookstove Project
Carbon offsets allow companies to address their own footprint while investing in high-quality, verified emission reduction projects. These projects create benefits that target Environmental, Social and Governance initiatives as well as the United Nation’s Sustainable Development Goals. Bluesource works with nonprofits, private and public companies and government organizations to assess sustainability goals, simplify strategies and achieve emission reductions.
From family farms to the world’s largest companies, our partners prove everyone can make a difference.
Bluesource harnesses our global network of suppliers to provide carbon offsets and renewable energy certificates to address all three scopes of corporate emissions. Our development experience gives us unparalleled due diligence capabilities to ensure integrity and quality.
Offsets work with renewable natural gas and renewable energy certificates to lower your overall footprint. No matter what goal you are targeting, carbon offsets play an important role.
Hover over each item on the graph to learn more about how carbon offsets, RNG and RECs work together.
Hover over a project icon to learn more about how the project type is additional.? Click on the project icon to filter the map. View all of Bluesource’s projects here.
Biogas- Through the breakdown of organic waste material— such as agricultural waste, manure, sewage, green waste, and plant material—renewable biogas is produced and can be used as fuel. It has a continuous production and use cycle, which makes it a renewable energy source. Additionally, it absorbs the same amount of carbon during its production as it releases when it is converted to energy, making it a carbon-neutral fuel source.
Pneumatic Valve Replacement- By replacing higher emitting pneumatic valves throughout the oil and gas industry, methane emissions are drastically reduced, helping those in the industry meet regulations and improve their environmental footprint. Bluesource’s Methane Reduction Program will reduce over 3 million tonnes of carbon dioxide in the atmosphere in a 5-year period. It will also help the province of Alberta achieve the governments’ objectives of reducing methane emissions 45% by 2025 in the oil and gas industry.
Carbon Capture and Sequestration- Capturing and using CO2 from man-made sources in applications that typically use naturally-occurring CO2 requires substantial capital investment and overcoming market barriers such as interruptible supply chains, both of which are aided by carbon revenue.
Renewable Energy- In many power markets, the price of electricity is too low to justify development of a renewable energy project on its own. Revenue from environmental attributes makes investments possible in such instances.
Grasslands- Grassland and rangeland owners face tremendous financial pressure to convert their lands to row-crop agriculture. Grassland preservation projects provide an economic incentive for landowners to preserve the carbon sequestered in their soils, thereby avoiding significant climate implications of conversion.
Transportation Efficiency- Improved transportation efficiency results in enhanced economics from fuel efficiency, but many great ideas cannot be invested in without the further support of carbon revenue due to the millions of dollars of investment capital required in many instances. Furthermore, sometimes more efficient modes of shipping are meaningfully slower, creating customer hurdles to overcome.
Landfill Gas/Methane Flares- In order to capture methane from waste sources such as landfills and wastewater treatment plants, investments must be made prior to understanding whether the gas will be of sufficient volume and quality for a beneficial use project. Carbon revenue is the only sure revenue source when considering such an investment, and often times flaring the gas off to generate carbon revenue is the only source of income for such projects throughout their life. Carbon projects are only developed at sites that do not require methane collection by law.
Forestry– In an improved Forest Management (IFM) project, forest landowners must agree to restrict harvesting, reducing traditional timber revenues for at least 40 years into the future. Such long-term conservation is justified only by carbon revenue. In Avoided Conversion (AC) projects, landowners must face real threat or economic incentive to convert the land to other uses such as development or agriculture wherein carbon revenue serves as the remedy, enabling forest preservation.
Cookstoves– Affordability is crucial to the adoption of efficient cookstoves by impoverished communities in the developing world. Without the support of carbon revenue, the manufacture and distribution of these life-saving devices would not be possible.
Biomass to Energy– The substitution of fossil fuels with waste biomass as a combustion fuel not only reduces the vented emissions from combustion, but also reduces the generation of methane from anaerobic decomposition which would have occurred in the absence of these projects.
Energy Efficiency– Energy efficiency retrofits utilize the revenue from carbon credits to justify the capital costs of installation and replacement. Without carbon revenue, many investments in energy efficiency would not otherwise be made due to competing uses for capital and alternatives with higher returns.
Ozone Depleting Substance and Destruction– Ozone-Depleting Substances, often refrigerants, are valuable chemicals for air conditioners, insulation and refrigeration systems. In order to disincentivize the collection, recycling and reuse of these chemicals, carbon revenue rewards those who permanently destroy it, preventing these heat-trapping and ozone-depleting gases from leaking into the atmosphere.
Waste Diversion– These projects utilize carbon credit revenue to incentivize the diversion of household and commercial organic waste streams from landfills. When waste is placed in the landfill, anaerobic decomposition creates a gas with a global warming potential 25 times greater than CO2.
Sustainable Agriculture Agricultural soil carbon projects support the implementation of sustainable agricultural practices. Carbon credit revenue helps growers diversify their income stream while the projects build healthier soils and fight climate change.
American University offsets the emissions associated with their study abroad programs. They’ve chosen to reduce the emissions from their study abroad program by investing in a life-changing cookstove project in Kenya. In partnership with the Paradigm Project, created by a Bluesource founder, Bluesource is offering offsets from a cookstove project in Kenya to American University for the years 2020, 2021 and 2022.
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A carbon offset is one metric ton of carbon dioxide reduction or absorption that occurs as a result of a project activity. This project must be “additional,” meaning it must result from an activity that is above and beyond any mandatory regulations, industry standards or business as usual. Voluntary offsets can be used by individuals or businesses to take action to reduce their greenhouse gas emissions impact. The credits are called “offsets” because they literally offset an emission caused in one place with a reduction created in another place. The purchase of voluntary offsets improves a company’s sustainability rating and affects its CSR score. Additionally, offsets help companies prioritize and achieve social and environmental goals. Offsets are essential to meet net zero goals.
What is the air-speed velocity of an unladen swallow? In all seriousness, offsets vary in price substantially, based on a number of factors. The most significant drivers of price include co-benefits, location and the quantity purchased. Offsets can cost as little as less than $1 or be even higher than $20.
Projects go through a rigorous process of third-party validation and verification to ensure the offsets they create meet certain criteria for quality. Non-profit certification bodies, or “Standards,” govern the criteria that must be met in order for an offset to bear the Standard’s name. Several standards, including the American Carbon Registry, Climate Action Reserve, Canadian Standards Association and Verified Carbon Standard, are widely recognized throughout the North American and global carbon markets for their excellence and rigor.
At this time, there are no state or federal agencies regulating voluntary offsets, though compliance offsets are regulated by certain state and provincial greenhouse gas regulations.
Bluesource has been creating unique, high-quality offsets for over 20 years in both the North American and international markets. All of our offsets are third-party verified and registered on public registries for tracking purposes. Additionally, all Bluesource projects undergo rigorous quality checks in addition to third-party requirements.
Offsets are tradable instruments, meaning that they can change hands an infinite number of times before they are ultimately retired for the benefit of the environment. Consequently, they can be purchased from many different types of companies. Offsets typically originate from a project developer, such as Bluesource, where they are sold for the first time. Bluesource offsets are available directly from us or through a number of reputable retailers. Contact us for help designing a customized offsetting solution.
If the intent is to have the purchased offsets retired for the benefit of the environment, no, you do not need a registry account. Bluesource maintains accounts on all of the leading offset registries and can facilitate the retirement on your behalf. If the goal of the purchaser is to resell the credits or hold them for a long period of time before retirement, however, then yes, a registry account will need to be created by the buyer prior to completion of the purchase.
A transfer is when ownership of an offset changes hands. All Bluesource offsets are transacted on public registries to ensure secure, trackable movements of credits. Therefore, transfers can only occur between two accountholders on the same registry.
A retirement is when an offset is ultimately removed from circulation, cancelled for the benefit of the environment and attributed to a company or individual making the retirement. Once an offset is retired, it cannot be sold or used again.
The process is based on the specifics of your contract. A transfer or retirement may take place either before or after you have been invoiced by Bluesource. Either way, the process is very simple, and Bluesource will initiate the transfer or retirement of credits via the agreed-upon registry platform. Under most circumstances, the credits will show up in your registry account (or be retired on your behalf) immediately, or within 24 hours at the most. For transfers, you will typically need to login to your registry account to accept the incoming credits.
SDGs, or Sustainable Development Goals, are a set of 17 agreed-upon goals established by the United Nations in 2015 to achieve a better and more sustainable future for all. Their intended use is not just for developing nations, but for every country in the world. They recognize that eliminating poverty, protecting the environment and providing sustainable and equal opportunity employment is good for all nations. Our projects support a variety of different SDGs that can help companies not only meet their greenhouse gas reduction targets but can also help them support their Environmental, Social and Governance (ES&G) objectives.
Bluesource works with companies of all sizes in all sectors to help them meet their climate change goals through the use of environmental instruments, including voluntary carbon offsetting.
At the moment, we exclusively develop projects in the United States and Canada. You indicated that you’re located outside of our project focus area. For now, we’ll add you to our list of potential partners and you’ll be the first to hear when we expand outside of North America.
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