Conclusions

Greenhouse gas offsets are an important component of a comprehensive climate change mitigation policy. Offsets provide a means to achieve near-term, real reductions in greenhouse gas levels in a cost-effective and efficient manner. Participating in the voluntary greenhouse gas reduction market is a powerful means of taking action to reduce organizational and individual contributions to global warming. Project-based emissions reductions can also provide an important means to slow the increase in atmospheric concentrations of greenhouse gases during the transition to a lower carbon economy, and can help drive funding toward innovation and the development of new technology. In addition, greenhouse gas offsets can make important contributions to the communities in which they are located. Although greenhouse gas offsets cannot fully stop global warming, they can be a valuable and effective step forward on the long path to climate stabilization.

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