How are the offsets provided by 501Carbon different?
Some offset providers will simply put up a wind farm instead of a coal plant and collect the difference in revenues through carbon offsets. Other providers may purchase offsets from a broker and have no idea where they come from. At 501Carbon, we work with the same project developers in rural areas of developing countries, and sell only Gold Standard verified offsets. The Gold Standard Foundation is a non-profit developed in partnership with the World Wildlife Fund that ensures each project using the Gold Standard name provides economic benefits for community stakeholders. At 501Carbon, we want our offsets to provide positive effects on both end of the value chain: the rural farmer that participates with developers should get a portion of the revenues and an improved economic position, and the purchaser should know that they have not only neutralized their carbon footprint, but also helped a rural community in a developing country.