What is a Carbon Credit?
A Carbon Offset (or ‘credit’) represents a reduction in greenhouse gas (GHG) emissions whereby one party compensates for (or offsets) the carbon dioxide they emit by preventing the same amount of pollution from happening elsewhere. Carbon credits offset an equivalent GHG emission from another source that cannot be easily eliminated by improved efficiency, conservation initiatives or changes in behaviour. Typically measured in tonnes of CO2 -equivalents (or CO2e), one carbon offset compensates for the emission of one ton of CO2 into the atmosphere by preventing a ton of CO2 from entering the atmosphere elsewhere on Earth. Our investment in clean, renewable energy generation instead of fossil fuel-based energy stimulates the continued development of large scale clean energy production and results in the reduction of GHG emissions regardless of location.
How do we use it?
100% of the power that we purchase from the grid is JustGreen Power from Just Energy. EcoLogo certified, this power is purchased from wind, solar and low-impact hydroelectric generators (from small scale dams) that are fed into the Ontario power grid. This helps to increase the contribution of clean power to Ontario’s energy infrastructure.
How does it make us more sustainable?
Purchasing JustGreen Power resulted in attainment of all six Energy and Atmosphere credits for Renewable Energy in our LEED Platinum certification. The pollution we create through energy consumption in our daily lifestyle is negatively impacting our environment. Global warming, pollution, rising sea levels and the resulting impacts on our planet’s biodiversity and ecosystems can all be linked to increasing energy and resource consumption.