Strategies that stimulate innovation and provide critical sources of investment into the emerging green technology sector.
In order to stabilize greenhouse gas concentrations in the atmosphere, we need to reduce emissions by at least 60 percent over the coming two decades. A single magic bullet allowing governments, organizations, and individuals to meet this target is very unlikely. Instead, we need a portfolio of approaches and a communal effort to stimulate the alternative energy sector. High-quality carbon offsets can allow emitters to pool investment in the short to medium term to secure strategic emissions reductions. This mechanism stimulates innovation within organizations, since offsets attach a cost to greenhouse gas emissions and provide a critical source of investment into the emerging green technology sector.