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Is Buying Carbon Credits Really Worth It?

Environmentally conscious private jet flyers are paving the path towards a greener future with the rise of carbon credits. However, private travelers may ask themselves, “Are carbon offsets effective?” Let’s explore the true efficacy of offsets and whether carbon credits are really worth it.

Are Carbon Offsets Effective?

So do carbon offsets work? The short answer is yes, but it’s a bit complicated.

Before we dive into specifics, let’s take a look back at the basics of carbon credits. The process of offsetting involves counterbalancing the carbon produced through traveling by purchasing credits. In turn, these credits fund projects that reduce or eliminate greenhouse gas emissions.

While carbon offsetting options have been available for years, more and more airlines are just now beginning to adopt the practice. As Wired notes, “By 2021, airlines that fly internationally will have to offset any extra emissions under a UN agreement,” the Carbon Offsetting and Reduction Scheme for International Aviation (CORSIA). Although it’s a step in the right direction, that doesn’t mean all carbon offsets are effective or created equally.

Private jet passengers, for leisure or business, should do their research before committing to an offset plan. The key is to make sure that the carbon credits you purchase are actually funding worthwhile projects.

FINDING REPUTABLE CARBON OFFSETTING PROJECTS

For example, a projects funded by carbon offsets that just plants trees in the Amazon may not be that effective. That’s because it can take several years for those trees to mature to the point where they can capture a meaningful amount of carbon. Additionally, a disingenuous company could cut down trees on the same lot as the newly planted samplings. As a result the whole process becomes moot.

Meanwhile, truly effective carbon offsetting efforts can verifiably counteract greenhouse gas emissions from traveling. Projects from reputable sources can range from methane gas capture to building sustainable energy infrastructure.

Always make sure you purchase credits from a company with a solid track record of supporting effective projects. Private jet charter customers or members who are interested in credits should carefully consider the legitimacy of both the carbon offsetting company as well as the projects they fund.

If you’re interested in learning more about offsetting your private jet travel, get a quote today or call Magellan Jets at 877-550-5387.

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