The Refinishing Touch Blog

Earn Carbon Credits by Reducing Your Carbon Footprint

The Carbon Credit Crunch

With all this talk about going green and saving our environment, there seems to be confusion around carbon admission, the size of your carbon footprint and how they tie into carbon credits. Many are unaware of what carbon credits are and how they are earned and used.

We are dedicating this post to explain what carbon credits are and how they can benefit all business sectors, including hospitality and educational institutions.

Carbon credits came about from the Kyoto protocol which is an environmental treaty that was produced at a United Nations conference on environment and development. The protocol is an agreement among nations to limit their carbon emissions while stabilizing the green house gasses in the atmosphere. As a result of the protocol, each nation must be able to account for or "absorb" the carbon they are allotted to produce. If they are unable to do so, they must purchase carbon credits (which are the currency of 'absorption ability') from other nations who have been planting trees for such deliberation. This money will eventually go to grants to further carbon saving methods.

Like many others, you may find yourself wondering what the benefits of carbon credits are. Carbon credits were established instead of carbon taxes to help businesses understand more easily how to efficiently manage their environmental activities.

So, how can carbon credits benefit US organizations? Companies can sell credits to commercial and individual customers. Customers interested in buying credits are interested in lowering their carbon footprint and those selling credits have reduced their carbon footprint.

We, at The Refinishing Touch, believe in the benefits of having a smaller carbon footprint, no matter the size of the business, university or hospitality organization. Reducing carbon footprints will eventually reduce the carbon credits that our nation must purchase.

With an expiration date set in 2013, we will continue to talk about this more as the process evolves. Stay tuned for a new post early next week with more on carbon credits.

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