Abstract

<p>With increasing concerns of the growing emissions of greenhouse gases on a global scale by government agencies, academics, non-governmental organizations (NGO’s) and businesses, the carbon offsetting market around the world has evolved. During this worldwide evolution, however, North America has remained at a near standstill with regards to carbon offsetting . The compliance and voluntary offsetting market, often seen as a temporary solution to mitigating climate change, has faced criticism on the actual projects and the lack of standards in place. This in turn has produced a high level of consumer confusion regarding the credibility of carbon offsets and its overall impact on reducing greenhouse gas (GHG) emissions. This study determines the status of the voluntary carbon offset market in North America and the current level of the hospitality and tourism industry in mitigating its impact on climate change.</p>

Full Text
Paper version not known

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.