Carbon Offsetting: Good or Bad?

Voice 1:
Welcome to Spotlight. I'm Robin Basselin.

Voice 2:
And I'm Ryan Geertsma. Spotlight uses a special English method of broadcasting. It is easier for people to understand, no matter where in the world they live.

Voice 1:
Rising sea levels. Dying forests. Growing desert lands. Extreme weather. Many people believe global warming will cause these, and many other serious problems.

Voice 2:
Global warming has been linked to the release of gases, like Carbon Dioxide, into the air. Many of the gases are produced naturally by the earth. However, an increasing amount of gases are released because of human actions - like driving cars, running factories and even heating homes. Many scientists believe that it is these extra gas emissions that are causing global warming.

Voice 1:
Leaders all over the world have been looking for solutions to this problem for many years. In 1997, during the United Nations conference on climate change, many world leaders signed an important treaty called the Kyoto Protocol. This treaty proposed ways to reduce production of harmful gases. Today's Spotlight program is on a basic idea from the Kyoto Protocol called "carbon offsetting."

Voice 2:
The Kyoto Protocol went into effect in February of 2005. In the treaty, developed countries agreed to decrease their levels of gas emissions. This is important because the developed world produces most of the world's harmful emissions.

Voice 1:
In response, the Kyoto Protocol suggested a number of ways that developed countries could reduce their emissions. Some of these ways do not require a company or country to really reduce their emissions. Instead, they "off-set", or balance, their emissions in other ways.

Voice 2:
One way to offset emissions is through trading emissions. Many countries have limits to the amount of emissions that a company can release. If a company does not release all their emissions, they can sell their extra emissions or "carbon credits" to other companies. So, some companies can make money by emitting less gas and selling off extra carbon credits. And companies that are releasing too many emissions can pay to buy extra carbon credits. The hope is that together, the companies will stay below the emission limits.

Voice 1:
Another way companies can earn carbon credits is by investing in projects that reduce emissions. There are many kinds of emissions reducing projects. Some projects work on producing clean energy. This is energy that does not release harmful gases. Good examples of clean energy are power produced by wind and sun.

Voice 2:
Other emission reducing projects can work on protecting the environment. For example, protecting forests is considered an emissions reducing project. This is because the world's forests help take in and store many of the harmful gases that cause global warming. So, when people protect trees and forests, they can decrease the effects of global warming.

Voice 1:
A clear example of carbon offsetting can be found deep in the forests of Brazil. In the state of Amazonas, the Juma Forest Reserve covers 1,400,000 acres of land. This forest has many different kinds of plants and animals. It is also the home of over 2500 people. The protection of this forest is very important to fight global warming.

Voice 2:
However, much of the forest area around Juma is being destroyed. Many companies cut down the trees to sell the wood. They also develop the cleared land for farming or building. This kind of work produces much money and many jobs.