But it doesn't use the actual cost of CO2 emissions. Nor does it "balance out" emissions by removing CO2 in one place and allowing CO2 emissions in another pla

But it doesn't use the actual cost of CO2 emissions. Nor does it "balance out" emissions by removing CO2 in one place and allowing CO2 emissions in another place. It actually works off schemes that reduce the amount of CO2 emitted compared to a hypothetical. So, it's like me saying I've made "savings" by not buying a coffee every day, even if I never actually bought coffee in the past.