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Meaning of “carbon offsetting” in the English Dictionary

"carbon offsetting" in Business English

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carbon offsettingnoun [U]

uk   us  
ENVIRONMENT, SOCIAL RESPONSIBILITY the ​process of ​trying to ​reduce the ​damage caused by ​releasing carbon dioxide into the ​environment by doing other things that ​removecarbon dioxide, for ​example, by planting trees: The ​practice of ​carbonoffsetting - ​paying a third ​party to ​remove or otherwise ​offset an ​amount of ​carbonequivalent to the ​volume emitted - is now ​falling under ​closescrutiny. If you are going to use ​airtravel, you might at least consider carbonoffsettingschemes.
(Definition of carbon offsetting from the Cambridge Business English Dictionary © Cambridge University Press)
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