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The Carbon Offset market is a market for the purchase and sale of carbon credits, which are generated by activities that reduce or avoid greenhouse gas emissions. Carbon offsets are used to compensate for emissions that cannot be avoided or reduced through other means. Carbon offsets are typically generated through activities such as reforestation, energy efficiency projects, and renewable energy projects. Carbon capture and storage (CCS) is a technology that captures carbon dioxide from the atmosphere and stores it in geological formations, such as underground reservoirs. CCS is a key technology for reducing emissions and is increasingly being used in the Carbon Offset market.
Companies in the Carbon Offset market include Carbonfund.org, ClimateCare, NativeEnergy, and TerraPass. Show Less Read more