FAQ

Here you will find answers to a number of frequently asked questions about carbon offsets and Tradewater’s process.

Frequently Asked Questions

1.
What is a carbon footprint?
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As individuals and organizations, our daily actions and choices lead to the emission of carbon dioxide and other greenhouse gases. The sum of your emissions is your carbon footprint.
 

2.
How can I calculate my own carbon footprint?
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We have built a simple tool to help you figure out your personal carbon footprint. You can use our calculator to calculate your personal impact or the impact of your business.
 

3.
Will my purchase make an impact?
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Absolutely! Sure, individual actions make a small dent. But people and organizations working together can make a real impact. We all have to do our part. Our focus is on one of the most critical solutions to address the climate crisis. When you purchase offset credits from us, you are joining our community to support the collection and destruction of potent refrigerants that would otherwise emit harmful greenhouse gases into our atmosphere and accelerate climate change. We collect refrigerant one pound at a time and it all adds up to a very big impact. By purchasing credits from us, you can help increase this impact and fight the climate crisis.
 

4.
How are my dollars being used?
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We are a mission-driven, for-profit company. We only make money if we destroy greenhouse gases and sell the resulting carbon offset credits. With the money that we make, we employ more people, and develop more projects. That turns fighting climate change into an engine for economic growth. The jobs we create are precisely the kinds of jobs we need moving forward – jobs that help the planet.
 

5.
Why are refrigerants so harmful to the environment?
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The refrigerants we collect and destroy are up to 10,200 times more potent than carbon dioxide. These harmful greenhouse gases accelerate climate change and also deplete the ozone layer. Many of these refrigerants have been banned from production globally. However, there was never a plan to responsibly collect and destroy them. If we don’t do this work together, these harmful gases will leak into our atmosphere and cause irreversible damage.
 

6.
How do you destroy the materials?
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All of the refrigerants we collect are destroyed in highly regulated incinerators with continuous monitoring equipment to ensure that their operation meets strict international, federal, and local environmental regulations. The most important of these regulations is a requirement that at least 99.99% of the refrigerant is destroyed. Once destroyed, all of our work is reviewed by third-party verifiers through a rigorous auditing process to confirm that we followed these rules. The result is a cleaner, healthier planet.
 

7.
What is a carbon offset credit?
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A carbon offset credit is, in essence, a certificate that confirms that greenhouse gases were either collected and destroyed or sequestered from the atmosphere. Carbon offsets are typically generated by independent organizations like Tradewater. Carbon offset projects are verified by third-party verification bodies and result in carbon offset credits that are issued by a non-profit carbon offset registry. A carbon offset credit represents the equivalent of one metric ton of carbon dioxide that was either prevented from being released into the atmosphere or was removed from the atmosphere.
 

8.
Why are carbon offsets important?
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We are in the midst of a climate crisis. Significant increases in human activities that emit carbon dioxide and other greenhouse gases have caused this crisis. Winning the fight will require the attention and work of the entire global community to reduce and destroy greenhouse gases as much as possible.

By purchasing a carbon offset credit from us, you are supporting our work to find, collect, and destroy potent greenhouse gases around the world, ensuring that they will not be released into the atmosphere and contribute to climate change.
 

9.
What does it mean to be carbon neutral?
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Being carbon neutral means the net greenhouse gas emissions from all your activities are zero. For most people, this involves buying carbon offsets. Each of us should take all of the steps we can to reduce our carbon footprint, such as driving less, receiving your energy from renewable resources, eating less meat, wasting less food – and many other lifestyle strategies. But, it will be impossible to reduce all of your greenhouse gas emissions. That’s where carbon offsets come in. Each credit you buy ensures that Tradewater destroys enough refrigerant to balance out – or offset – your remaining greenhouse gas emissions.
 

10.
What does Tradewater do?
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We collect and destroy old refrigerants – some of the most potent greenhouse gases ever produced. Leading scientists from the nonprofit Project Drawdown rank the management of these refrigerants as one of the most strategic solutions for fighting climate change.

Though these harmful refrigerants are banned from production, there was no plan created to manage quantities already produced. It is estimated that there is the equivalent of 9 billion tons of carbon dioxide in the form of these refrigerants still scattered around the world1. If we don’t identify, collect, and destroy them, they will leak into our atmosphere. So far, we have collected over 1 million pounds of old refrigerants that represent the equivalent of 6.2 million tons of carbon dioxide. But with your help, we can do much more. Your purchase directly funds our collection and destruction activities and contributes to meaningful greenhouse gas reductions all over the world that will help to prevent a climate crisis.

1) Lickley, M. et al. Quantifying contributions of chlorofluorocarbon banks to emissions and impacts on the ozone layer and climate. Nat Commun 11, 1380–1380 (2020).
 

11.
What is an offset project type, and why should I choose yours?
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There are many different types of projects that reduce greenhouse gas emissions and generate a carbon offset credit. Some of the most common examples include preserving forests and preventing them from being cut down or getting communities to replace coal burning stoves with cleaner fuels. Collecting and destroying refrigerants at risk of leaking into the environment is another project type. You should purchase a Tradewater offset credit for the following reasons:

Permanence - The harmful greenhouse gases found in the refrigerants that we collect are destroyed - permanently.

Additionality - Our work is additional. The refrigerants that we collect and destroy are banned from production. However, nobody will work to find and pay to destroy these refrigerants unless a company like Tradewater does it.

Verification - Tradewater credits are third-party verified and issued by the leading carbon registries, the American Carbon Registry and Verra.

Responsible Conduct - In addition to eliminating harmful greenhouse gases, Tradewater’s projects create economic benefits. To date we have injected over $32 million dollars into local communities through our work.

Ease - We make all project documentation available for you to confirm the quality of our work. We also provide you the tools to easily offset in one payment, or in monthly installments of any amount.

We are also focused on one of the most impactful projects to address climate change, as noted by leading scientists at Project Drawdown.

You can learn more about the latest commonly accepted standards for carbon offset quality and the effectiveness of different offset project types in our latest white paper, “Evaluating Carbon Offset Credits: Why Credits Generated through the Destruction of Harmful Refrigerant Gas are Among the Highest Quality Available."
 

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Permanence

Emission reductions are considered permanent if they are not reversible. In some projects, such as forestry or soil preservation, carbon offset credits are issued based upon the volume of CO2 that will be sequestered over future decades—but human actions and natural processes such as forest fires, disease, and soil tillage can disrupt those projects. When that happens, the emission reductions claimed by the project are reversed.

The destruction of halocarbon does not carry this risk. All destruction activities in Tradewater’s projects are conducted pursuant to the Montreal Protocol , which requires “a destruction process” that “results in the permanent transformation, or decomposition of all or a significant portion of such substances.” Specifically, the destruction facilities Tradewater uses must meet or exceed the recommendations of the UN Technology & Economic Assessment Panel , which approves certain technologies to destroy halocarbons, including the requirement that the technology achieve a 99.99% or higher “destruction and removal efficiency.” Simply put, this means that Tradewater’s technologies ensure that over 99.99% of the chemicals are permanently destroyed. During the destruction process, a continuous emission monitoring system is used to ensure full destruction of the ODS collected.

Accuracy

Some carbon offset projects necessarily rely on estimations or assumptions when calculating the emission reductions from project activities. Forestry projects, where developers make assumptions about the carbon that will be sequestered over future decades if trees are conserved, are a perfect example. Such projects sometimes result in an overestimation of the environmental benefit of the project.

Tradewater’s halocarbon projects avoid the issue of overestimation by consistently conducting extremely precise testing and measurement of the amount of refrigerant destroyed in each project.

  • Every container of ODS that Tradewater destroys is weighed by a third-party using regularly calibrated scales. The ODS is then sampled by a third-party and analyzed by an accredited refrigerant laboratory to determine its species and purity. These two steps combine to ensure that credits are issued only for the precise volume and type of refrigerant destroyed.
  • The destruction facilities that Tradewater uses continuously monitor the incineration process during destruction events to ensure that over 99.99% of the ODS is destroyed. This monitoring is mandated by regulatory protocols and is part of the verification process to which projects are subjected.
  • Tradewater accounts for the project emissions created during the collection, transport, and destruction of ODS, and the number of offsets issued is reduced by a corresponding amount. The protocols that we use also build in other reductions to account for substitute chemicals that will be used to replace the destroyed refrigerants. Tradewater publishes this information in the documentation for all its ODS destruction projects. These documents outline how the material was obtained, the project emissions calculations, the test results, and the amount and type of ODS chemicals destroyed, among other information.
  • Additionality

    It is a basic requirement of all carbon offset projects that the underlying project activities are additional. “Additional” means that the projects would not happen in the absence of a carbon market. Tradewater’s halocarbon projects simply would not happen – and the gases would be left to escape into the atmosphere – without the sale of the resulting carbon offset credits. This is because there is no mandate to collect and destroy these gases. It is still permissible to buy, sell, and use halocarbons that were produced before the ban. There are other reasons halocarbon destruction projects are additional:

    • There are no incentives or financial mechanisms to encourage halocarbon destruction. According to the International Energy Agency and United Nations Environment Program, “there is rarely funding nor incentive” to recover and destroy ozone depleting substances in storage tanks and discarded equipment. And collecting, transporting, and destroying halocarbons is time-intensive and expensive. The burden to collect and destroy these gases therefore remains prohibitive outside of carbon offset markets—meaning that if organizations like Tradewater do not do this work, nobody else will.
    • Countries are not focused on the need to collect and destroy halocarbons. The Montreal Protocol has been celebrated as a success because of its production ban. This success, however, ignores the legacy gases produced before the ban and is a blind spot for government regulators. In the U.S., for example, the Environmental Protection Agency (EPA) developed a Vintaging Model in the 1990s to estimate the quantify of ozone depleting substances left in circulation. Based on the inputs and assumptions put into the model, the EPA predicted that no CFCs would be available for recovery beyond 2020 in the United States. But this prediction did not prove accurate. Tradewater has collected and destroyed more than 1.5 million pounds of CFCs globally in recent years and continues to identify thousands of pounds per week.
    • International carbon accounting standards do not require corporations to measure or track emissions tied to halocarbons, and refrigerants are specifically excluded from Science Based Targets initiative (SBTi) commitments. These commitments derive from emissions reporting under the GHG Protocol, which requires companies to report on emissions only from new generation refrigerants, such as hydrofluorocarbons (HFCs), but does not establish any obligation to report inventories or emissions of refrigerants still in use, such as CFCs and HCFCs. All these factors combine to make Tradewater’s carbon offset projects highly additional. As Giving Green, an initiative of IDinsight, concluded: “Tradewater would not exist without the offset market, so this element of additionality is clearly achieved.” The case for additionality is not so clear for some other project types, such as forestry and landfill gas carbon projects. For example, some forests are already being conserved for their beauty, or for use as parks, and generate carbon offset credits only because those conservation efforts do not yet have full formal protection in place to avoid deforestation in the future. Similarly, methane from landfills can be used to make electricity or captured as compressed natural gas, thereby creating additional revenue streams to support the activities, beyond the sale of carbon credits.