offset

OFF-set /ˈɒfset/
verbnounB2IELTSGMAT
businesspolicy

To counteract something by having an equal and opposite force or effect.

In climate terms, it refers to paying for a reduction in emissions elsewhere to compensate for your own emissions.

The story behind the word. The term comes from the idea of 'setting' one thing 'off' against another on a balance scale. It moved from physical mechanics to accounting, and finally to environmental science.

Word relationships

  • counterbalance: Counterbalance is more physical; offset is more common in financial and environmental accounting.
  • aggravate: To aggravate is to make a situation worse, whereas to offset is to neutralize the negative effect.

Commonly confused with

  • reduction: Reduction means producing less in the first place; offset means making up for what you did produce.

Word family

  • offsetting (noun): The practice of balancing emissions.

Collocations

  • carbon offset
  • offset emissions
  • offsetting scheme

Example sentences

  • "Airlines offer to offset your flight by investing in reforestation projects that absorb an equivalent amount of CO2." Corporate sustainability strategies.

Memory hook

Think of a seesaw: you put a 'bad' thing on one side and 'offset' it with a 'good' thing on the other to keep it level. Balancing the scales.

When not to use

Do not use it when you are actually reducing your own emissions; it only applies when you balance them out through external actions.

Fun facts

  • The first carbon offset was recorded in 1989 when an American power company funded a forest project in Guatemala.

Related words

neutrality, footprint

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