A carbon offset is a transferable instrument certified to represent an emission reduction of one metric tonne of CO2.
A company must reduce its carbon emissions through a CO2 project to issue carbon offsets. The offsets are then certified based on the actual reduction of CO2. Banananomics provides turnkey solutions for carbon offsets.
Similar to issuing stock, carbon offsets are sold on the open market. Banananomics brokers these instruments to provide an additional income stream for going green.