Offsetting vs. Reducing Emissions: Best Practices and Ethical Considerations
As the global community intensifies its efforts to combat climate change, businesses and governments are increasingly focusing on strategies to manage and mitigate their carbon footprints. Two primary approaches have emerged: reducing emissions directly and offsetting emissions through various compensatory measures. While both strategies play critical roles in the journey towards net zero, they come with distinct ethical considerations and practical challenges. This article delves into the best practices for both offsetting and reducing emissions, exploring the ethical implications of each approach and providing guidance on how businesses can effectively balance these strategies.