Carbon offsets, RECs and REED+
The XELS Foundation aims to be your part for a cleaner, greener future. If an organization is looking for cost-effective ways to calculate and reduce its impact on the environment, The XELS Foundation will provide you with access to renewable energy certificates (RECs), and REED+ carbon offsets solutions.
What is a Carbon Offset?
A carbon offset represents one metric ton (about 2,200 pounds) of greenhouse gas emissions reduced or prevented as a result of methane capture at landfills, reforestation, and other carbon-reduction efforts. Offsets can be used to help neutralize your organization’s carbon footprint, allowing you to have a smaller net impact on climate change.
What is a REC?
A REC is an intangible asset representing the environmental attributes of 1 megawatt-hour (MWh) of renewable energy. It can be sold separately from the actual electricity produced by a wind farm, solar field or other renewable energy facilities, enabling you to use renewable energy regardless of where you’re located. When you purchase a REC, you ensure that 1 MWh of renewable energy is put onto the grid on your behalf. It can also be used to offset the greenhouse gas emissions of an equivalent amount of fossil fuel electricity generation.
What is REDD+?
REDD+ stands for efforts to reduce emissions from deforestation and forest degradation, and foster conservation, sustainable management of forests, and enhancement of forest carbon offer. In addition to mitigating climate change, stopping deforestation and forest degradation and supporting sustainable forest management conserves water resources and prevents flooding, reduces run-off, controls soil erosion, reduces river siltation, protects fisheries and investments in hydropower facilities, preserves biodiversity and preserves cultures and traditions.