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Source: stocksnap

'Chooose' Startup Helps Companies Reduce Their Carbon Footprint

By Desirée Kaplan

While everyone contributes to global warming on some level because they release CO2, a massive amount of pollution comes directly from large companies. A growing movement requires companies to mitigate their environmental damage by either choosing better practices or buying CO2 quotas which allow them to pollute. Since there are many cheap quotas available, it’s easier for many companies to opt for the latter option instead of finding solutions. 

Chooose is a Norwegian company that aims to solve this problem by making it harder for companies to have an "easy out." The company works to create carbon neutrality by purchasing and eliminating CO2 emission quotas. Quotas are essentially emission permits that industries need to release a certain amount of CO2 every year. Each permit equals about one ton of CO2.