What is carbon insetting, and why is it important? Carbon insetting refers to the financing of climate protection projects within a company’s own value chain.
In the bunkering industry, tokens are purchased to prove that low or zero-carbon fuel was used by the carrier. Emissions reduction benefits can then be attached to the products being shipped even if it was not that specific voyage or ship that used the fuel. The money from the tokens flows back into the shipping sector to ensure the continuing promotion and uptake of this clean fuel.
