Speaker
Description
Abstract. Carbon emissions offsetting topic has gained popularity in recent years as a way of reducing the impact of carbon emissions on the environment we live in. The purpose of this study is to highlight the ethical implications of business carbon emissions offsetting projects. A comprehensive literature review has been conducted to analyze the literature and highlight the arguments that support and/or oppose offsetting carbon emissions from an ethical perspective. The literature review analysis shows that while carbon emissions offsetting can help reduce carbon emissions in the short term, it is not a long-term solution to the problem of reducing carbon emissions. The transparency and effectiveness of offsetting projects are also debatable, as several studies revealed that many projects never delivered the promised results. Some studies also raised concerns about the ethical issues of offsetting in terms of fairness and equity, which might encourage developed and rich countries to continue emitting high levels of carbon while offsetting their emissions in developing or poor countries. The findings of this study have significant implications for individuals, businesses, and policymakers. The study argues that a sustainable approach to addressing offset-ting carbon emissions is needed, along with a more transparent and accountable system for offset-ting projects.
