The idea that we can mitigate current carbon emissions by “offsetting” them with carbon reduction initiatives elsewhere has become central to government and business responses to climate change. But it’s an idea we need to seriously question.
Essentially, the offsetting strategy assumes the release of carbon stored by ancient biology a hundred million years ago can be mitigated in the current active carbon cycle. Since the Kyoto protocol was signed, offsetting has become the preferred option globally.
The concept of “net zero” carbon emissions is also at the heart of New Zealand’s official climate response and its Emissions Trading Scheme.