As we have learned, climate change solutions are easier said than done. How do we get the entire world on the same team in regards to fighting climate change while preserving the country’s best interest. One of the biggest problems with climate change is the output large corporations have during their business practices with little to nothing set up to reduce their footprint on the earth. What these companies need is an incentive or an easier way to help fight climate change while keeping their business running. This is where the carbon credit system comes in that was first drafted up at the Kyoto Protocol in 1997.
Carbon credits work like modern day credit cards where you can continue buying stuff on credit and pay it back later. The one thing about carbon credits is many corporations and large businesses are running out of time and need to pay back what they did to the earth now. When you purchase a carbon credit as a company you are investing in sustainable projects that happen around the world. The projects that are part of this program get funding for their sustainable project and the corporation gets to write off that they are offsetting their footprint by a given amount. This allows the business to keep practicing what they do while investing in other projects. They do not have to make cuts or open up different sectors of their company just to fight climate change.
The carbon credits do work but of course it is not an ideal permanent fix to climate change. There are certain companies that will always be pumping out toxins into the environment that are far worse than buying some carbon credits to fix them. But companies big and small that want to make a change without reorganizing their business benefit from this program. One of the biggest successes in carbon credits is allowing the funding of small scale projects. Projects that could lead to a long term solution have a way of getting funding that means something and this could continue to push their project forward.