The Carbon Credit sales funding has been approved by Director of iSEE Evan DeLucia and Interim Executive Director of F&S Helen Coleman for buying 10,000 additional carbon offsets, when purchasing the 103,000 replacement offsets from the carbon
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Virtual Storeroom for Carbon Offsets (Proposed)
The State Purchasing Officer recommends a single quantity for the Request for Proposals for buying Carbon Offsets. F&S and iSEE are considering the use of Carbon Credit (CCs) sales funding for the start-up inventory of 10,000 CCs for the Virt
- Utilize Carbon Credits
The 2015 iCAP, chapter 8, objective 2 is, "By the end of FY17, develop an administrative mechanism to enable campus units to voluntarily purchase carbon offsets." During FY17, iSEE is executing a campuswide purchase of offsets. A starting inventory of carbon offsets will be put into a Virtual Storeroom, for internal purchases by campus units. Through this website, units can directly engage in emission reductions, with the benefit of the initial bulk purchase.
The Carbon Credit sales funding has been approved by Director of iSEE Evan DeLucia and Interim Executive Director of F&S Helen Coleman for buying 10,000 additional carbon offsets, to provide the initial inventory for a new Virtual Storeroom for carbon offsets.
If your department is interested in reducing your carbon footprint from air travel (or other things), you can go online to the Virtual Storeroom and purchase (using a CFOP) offsets from iSEE. iSEE will collect the funds from these sales to replenish the Carbon Offset storeroom inventory when it gets low.
Some campus units (or individual faculty or staff) may wish to voluntarily offset their carbon emissions, for example, from air travel to scholarly meetings. iSEE could work with the Office of Business and Financial Services (OBFS) to develop an administrative mechanism that would allow such units to “buy in” to periodic campuswide purchases of verified offsets.
By the end of FY 17, iSEE helps develop the virtual storeroom which stocks the carbon offsets instead of tangible goods. The carbon offsets will be stored in a virtual storeroom, where units can buy offsets to reduce their carbon emissions for any reason. For example, you can buy them to reduce the carbon emissions of steam, electricity, even university cars, and air travel, which is the main carbon emission source that needs offsets rather than reduction, according to the iCAP. The money what we spend in the virtual storeroom will be collected in a fund that will be used for the purchase of more carbon offsets, when the inventory is low.