How do carbon offset credits work? A billion dollar question, especially now that estimates say the carbon market will reach by 2030 the threshold of 50 billion dollars . Carbon dioxide has the same impact on climate regardless of the location or source of emissions. So a ton of carbon dioxide absorbed from the atmosphere in one part of the globe can be canceled in another to neutralize it.  In other words, entities can offset the impact of their footprint by supporting projects that remove or reduce CO2 or its equivalent. These projects are then awarded carbon offset credits in a process they call carbon offsetting. We'll talk about exactly how carbon offset credits work to guide you in 2023, their purpose and how to buy them. For starters, let's start from the beginning by explaining what carbon offset credits are. (Carboncredits.com, Jennifer L)