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Europes largest oil and gas company Shell was accused in an investigative report from Greenpeace Canada of selling millions of carbon credits tied to CO₂ removal that never took place. Carbon offsets are tradable certificates linked to projects or activities that lower the amount of CO2 in the atmosphere. Each credit is supposed to represent one ton of Carbon that has been removed. The idea is that by buying these certificates, an individual or a business can fund projects that reduce atmospheric CO2, and they do this to offset their own carbon emissions rather than cutting back themselves. The certificates offset the buyers CO2 emissions by paying someone else to reduce the amount of CO2 being released. The idea is that the polluter pays, and the cleaner earns. The idea of offsets emerged in 1989 when Applied Energy Services was building a series of coal-fired power plants around the United States. The CEO was concerned about the environmental damage
