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Here's What a Carbon Offset Actually Looks Like

Rancher Kevin Halverson and his new pipeline trench (Courtesy Tim Neville)
At their simplest, offsets are a way to commodify taking carbon and other greenhouse gases out of the atmosphere. Some types of offsets fund projects that remove gases already released into the air, like planting trees or restoring grasslands. Others support projects that stop greenhouse gases from being released in the first place: cap a landfill with layers of clay, plastic, gravel, and soil, and the methane emissions you prevent from entering the atmosphere can be sold as an offset that’s assigned a dollar figure.
Offsets have existed since the 1980s, and while there has been volatility in the markets since 2008, they are growing into a significant business. In 2018, the World Bank and carbon finance groups found that offsets generated revenues of nearly $45 billion worldwide, up more than 33 percent over 2017. Utility companies and fossil-fuel industries have been the biggest players in buyin ....

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Eatontown approves land swap for greenway project

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EATONTOWN - The Borough Council, by a narrow vote, is moving forward with a land swap, part of a plan to create a green corridor between Wolcott Park and Wampum Lake Park.
The land swap involves a private property at 104 Lewis St., owned by Culmac Investors Inc., based in Monmouth Beach, for borough-owned land near Hilbert Parkway in the Woodmere section.
The plan received endorsements from the borough s Traffic Advisory, Complete Streets Advisory and Recreation Advisory committees.
The property on Lewis Street will help bring the Eatontown Greenway project to fruition which would create a safe bike and pedestrian route between Wolcott Park and Wampum Lake, said Kevin Halvorsen, chair of the Traffic Advisory Committee. ....

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