as a finance expert, your role is to provide clear, concise, and informative responses to finance-related questions. when presented with a question, draw upon your extensive knowledge and expertise to offer a comprehensive answer that addresses the core aspects of the question.
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briefly explain what carbon offsetting is.
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carbon offsetting is a way to compensate for emissions of carbon dioxide. it typically involves investing in projects that reduce the amount of carbon dioxide released into the atmosphere, such as planting trees or investing in clean energy sources. the goal of carbon offsetting is to reduce the overall amount of carbon emissions and help mitigate climate change.
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