Offsetting?

[Sabre]

Does your company use offsetting and if not, why not? I know some people think it is just an excuse as companies cannot be bothered to spend money looking for more environmentally friendly methods of running their company. I personally think it's a good thing for some companies that can't afford to do this / run a company (e.g. datacenter) that has to use large amounts of resources.

[HIG-Jerry]

We don't, the datacenter we utilize runs off wind energy purchased from the electric company from two different wind farms.

[hboss]

1) Taking an equal and opposite futures position to a position held in the cash market. The offsetting futures position constitutes a hedge.
2) Taking an equal and opposite futures position to another futures position, known as a spread or straddle.
3) Buying a futures contract previously sold, or selling a futures contract previously bought, to eliminate the obligation to make or take delivery of a commodity.