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Carbon Sponsoring: A New Idea In Personal Carbon Trading, Direct Carbon Offset Pledges For Travel, Alexander Y. Bigazzi
Carbon Sponsoring: A New Idea In Personal Carbon Trading, Direct Carbon Offset Pledges For Travel, Alexander Y. Bigazzi
Civil and Environmental Engineering Undergraduate Honors Theses
Public and political consensus expresses the need for broad action to mitigate climate change. To this end, different forms of carbon trading exist to initiate carbon reduction projects. This thesis proposes the idea of carbon sponsoring, a new tool for personal carbon trading. Unlike carbon offsets, the main option for individuals wishing to mitigate their carbon footprint, carbon sponsoring is a purely social instrument involving carbon-reducing pledges. Carbon sponsoring is intended for individuals who seek immediate, direct carbon offsets for their personal emissions. It is not meant as a broad tool correcting the various deficiencies of the carbon trading markets, …