The Great Carbon Offset Swindle - Part I

[BoruJudasDedrich]

So at worst, it is a tax on energy guzzling companies.

BFD

That is like the gas stations raising their gas prices. If you don't like it, drive less.

Likewise, if companies don't like the higher costs of doing business, end the business.

[BoruJudasDedrich]

Is anyone forced to buy carbon credits?

in Europe? in the US?

Anywhere?

[40126876]

@BoruJudasDedrich In europe yes.. throught the european emissions trading scheme

[polcortez]

INternational carbon offsetting started... uhhh.. uhhh. about a decade ago? haha

How do YOU know the hydro projects would be built anyway? I guess YOU know better than the EB, DOE? A project "being built" as you claim, is no longer CDM eligible (never was).

"Not emitted" is business as usual. If you are going to argue baseline and additionality, maybe you should make a case and back up your assertions.

Swindle? This is not a popularity contest.

[orbital39]

The Law of Irony never fails.

[milesian1]

Gives one pause to think that if the "solutions" the global warming camp are proposing are bunk, maybe the "problem" is likewise not what it seems to be.

Gore pays "carbon credits" into his own invested company, Generation Investment Management. Other shareholders in this firm include AFLAC, Autodesk, GE, Greenhill, Metabolix, Staples, Sysco, UBS, and Whole Foods.

[anonymous915]

There's no such thing as a "carbon credit". You can't trade it like a commodity because there's no ownership. You can't trade something that's loose in the atmosphere.