The Unintended Consequence of Offsets
If you pay someone to destroy greenhouse gases, they would never intentionally produce an excess, would they? Methinks I smell a rat.
Posts Tagged ‘offsets’
Eco-Theif-o
TweetJust when you thought it was safe to trade carbon credits via the German Emissions Trading Authority, hackers make off with your eco-loot! Through a classic “please click this link and login to verify your account” phishing scheme, hackers acquired the credentials of some major firms and transferred $4 million worth of carbon offsets into [...]
Be Green, Earn Green, See Red
Tweet From the “You Can’t Make This Stuff Up” department comes a website that promises to pay you to save energy, and no, it’s not your local utility. Just a few days after I warned about the potential harm brought by companies that financed and sold “creative” carbon offsets, I stumbled upon MyEmissionsExchange.com. The hook [...]
Questioning Cap and Trade: Part 2
TweetIn my last post, I questioned the efficacy of the Carbon Cap and Trade bill that recently passed in the House. Today, I’ll tell you more about why I’m concerned, and how I’d propose a solution. Awful Offsets Carbon offsets, the guilt offerings of the 21st Century, have been rightly questioned and lambasted by almost [...]
