1.5 million offset credits a year. United States company Pan Ocean Oil Corporation has also applied for credits in exchange for processing its own waste gas in Nigeria. Oilwatch.org's Michael Karikpo calls this "outrageous", as flaring is illegal in Nigeria, adding that "It's like a criminal demanding money to stop committing crimes". See also Carbon dioxide removal Carbon neutrality Business action on climate change Carbon Offsetting and Reduction Scheme for International Aviation Carbon Dioxide Removal Carbon sequestration Carbon tax Clean Development Mechanism Gold Standard (carbon offset standard) Ecosystem Marketplace Emissions trading Climate change mitigation Personal carbon trading Perverse incentive Renewable Energy Certificate (United States) Weighted average cost of carbon Low-carbon economy References External links Definition: Carbon Offsets Calculator: Carbon Offset Carbon finance Renewable energy Greenhouse gas emissions