The word 'offsetting' simply means 'compensating for'. 'Carbon offsetting' means compensating for carbon dioxide (CO2) that's being generated. We need to compensate for CO2 because of the threats posed by climate change.

Realistically, no-one can expect people to cut out absolutely everything they do that leads to CO2 emissions. We all can - and must - reduce the CO2 we're responsible for, but offsetting means we can compensate for the CO2 we can't avoid creating. Carbon offsetting schemes work by reducing CO2 that would otherwise be created, or by removing existing CO2 from the atmosphere.

And who benefits from the carbon offsetting? Who gets compensated? The answer is Planet Earth - and absolutely everyone and everything that lives on it. - Description added by: David Lockie

We need to transition to a Low Carbon Economy to address global Climate Change, Energy Security, and Resource Efficiency.

Modern society is founded on plentiful reserves of expendable energy, derived from burning (hydrocarbon) fossil fuels. These take millions of years produce and are being depleted rapidly, in the process releasing considerable quantities of carbon dioxide and other greenhouse gases into the atmosphere - triggering dangerous and irreversible climate change.

In a Low Carbon Economy, energy is derived from renewable and low carbon energy sources and energy and resource efficiency is maximized. - Description added by: Toddington