TerraPass use proceeds from member purchases to fund greenhouse gas reduction projects.
TerraPass's projects is divided into four project types, all based in the United States:[1] In 2014, TerraPass sold its retail carbon offset business to JustGreen, a subsidiary of the Just Energy Group Inc., a Canada-based competitive retailer of natural gas and electricity.
All of the RECs TerraPass purchases are Green-e certified through the Center for Resource Solutions.
The focus of the audit is to verify that TerraPass fulfills its carbon purchase obligations on behalf of its customers; to enforce certain carbon portfolio quality standards; and to review TerraPass marketing language and disclosure policies.
[11] Adam Stein, co-founder and VP of Marketing, was an occasional contributor to environmental news site Grist Magazine.