I am working on a project that is performing it's own carbon offsets - ensuring that each investment in a carbon offset project has additionality, permanence, verifiability, etc. While this does not meet the stated intent of the credit (to encourage the development and use of grid-source, renewable energy) it certainly meets the intent of green power itself (sequestering carbon and reducing GHGs). Additionally, while the project will not the buying a two year contract, it will be committing to offset 100% of it's carbon footprint for a minimum of two years. I am planning on including how the carbon footprint will be calculated and details on offset projects that have been invested in by similar past projects.

Does anyone know of a precedent where carbon offsets have been accepted for this credit? The project is making an impressive commitment so I am hoping there is some way to make this work. I am also open to any advice on how this could be best presented to the GBCI. Thanks!