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Carbon offset pricing may confuse tourists
Reuters ^ | February 20, 2009 | By Nina Chestney

Posted on 02/20/2009 8:21:20 AM PST by Oldeconomybuyer

LONDON (Reuters) - Air travelers are paying vastly differing prices to offset their contribution to climate change, in some cases three times market levels, despite efforts to increase transparency in an unregulated market.

Under a regulated carbon market, countries and companies buy offsets to help them meet binding international climate targets.

Prices have halved in recent weeks as recession reduces industrial output and expected emissions.

But prices which consumers pay in an unofficial market have lagged behind those falls.

Carbon offsetting is offered to tourists and business travelers by many airlines and offset developers so as to allow people to justify flying by funding a carbon reduction project elsewhere. [snip]

Buyers pay per ton of their expected carbon dioxide (CO2) emissions, for example for taking a flight.

The money helps fund projects which reduce emissions elsewhere, such as planting trees or trapping methane emissions from waste dumps in developing countries.

(Excerpt) Read more at reuters.com ...


TOPICS: Business/Economy; Culture/Society; News/Current Events; Politics/Elections
KEYWORDS: carbonoffsets; fairytale; fraud; hoax; junkscience
Maroons.
1 posted on 02/20/2009 8:21:20 AM PST by Oldeconomybuyer
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Comment #2 Removed by Moderator

To: Oldeconomybuyer

idiots


3 posted on 02/20/2009 8:23:34 AM PST by saganite (What would Sully do?)
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To: JackRyanCIA

Follow the money. It would be interesting to trace the money on these carbon offsets. Maybe some enterprising journalist will do that.


4 posted on 02/20/2009 8:23:49 AM PST by Oldexpat (Drill Here, Drill There..we must drill everywhere.)
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To: Oldeconomybuyer

If anyone needs a carbon offset, I will be reforesting my backyard. Just send me money and I will get right on it.


5 posted on 02/20/2009 8:24:18 AM PST by w1andsodidwe (Jimmy Carter(the Godfather of Terror) allowed radical Islam to get a foothold in Iran.)
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To: Oldeconomybuyer

Coming here soon.


6 posted on 02/20/2009 8:24:22 AM PST by Eagles6 ( Typical White Guy: Christian, Constitutionalist, Heterosexual, Redneck. (Let them eat arugula!))
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To: Oldeconomybuyer
"Buyers pay per ton of their expected carbon dioxide (CO2) emissions, for example for taking a flight. "

Incredible. The inmates have taken control of the asylum; poor 'ol Blighty.

7 posted on 02/20/2009 8:24:48 AM PST by cweese (Hook 'em Horns!!!)
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To: Oldeconomybuyer; OKSooner; honolulugal; Killing Time; Beowulf; Mr. Peabody; RW_Whacko; ...

Carbon Scam Ping - (POGW)

8 posted on 02/20/2009 8:24:56 AM PST by xcamel (The urge to save humanity is always a false front for the urge to rule it. - H. L. Mencken)
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To: Oldeconomybuyer

The nation that figures out tourism which avoids charging these ridiculous left leaning ideas is in for a helluva surge in tourist cash ....


9 posted on 02/20/2009 8:27:06 AM PST by mgc1122
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To: Oldeconomybuyer

The question is, “who” are they paying?

Carbon Offets are the biggest scam in the history of scams, the biggest scam in the history of mankind. It will make Oil for Food look like penny ante.


10 posted on 02/20/2009 8:29:49 AM PST by marron
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To: Oldeconomybuyer

we got a ten pound bag of sh**
a five pound bag of sh**
and a one pounder.....and if you act now, we’ll pay the shipping


11 posted on 02/20/2009 8:29:50 AM PST by Doogle (USAF.68-73..8th TFW Ubon Thailand..never store a threat you should have eliminated))
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To: Oldeconomybuyer

Ridiculous.


12 posted on 02/20/2009 8:30:17 AM PST by DouglasKC
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To: Oldeconomybuyer

The goosestep that laid a golden egg.


13 posted on 02/20/2009 8:30:42 AM PST by a fool in paradise (Mr. President, Why am I being punished with a bailout?)
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Comment #14 Removed by Moderator

To: saganite

You have to love these ‘save the earth’ nut jobs redeeming their sins with carbon credits.


15 posted on 02/20/2009 8:31:46 AM PST by baltoga
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To: Oldeconomybuyer

They should also sell insurance against hobgoblin attacks.


16 posted on 02/20/2009 8:31:51 AM PST by a fool in paradise (Mr. President, Why am I being punished with a bailout?)
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To: Oldeconomybuyer

Maybe I’m getting senile, but how does buying a piece of paper reduce carbon emissions. If anything the carbon footprint to manufacture the paper increases carbon emissions.


17 posted on 02/20/2009 8:32:13 AM PST by chainsaw (The Democrat Party = The Party of Corruption.)
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To: baltoga

Al Gore sells indulgences.


18 posted on 02/20/2009 8:32:13 AM PST by a fool in paradise (Mr. President, Why am I being punished with a bailout?)
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To: Oldexpat

Maybe some enterprising journalist will do that.

Maybe what/who?


19 posted on 02/20/2009 8:33:29 AM PST by chainsaw (The Democrat Party = The Party of Corruption.)
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To: chainsaw

You’re not senile, you’re smart enough to spot a ponzie scheme when you see one.


20 posted on 02/20/2009 8:34:59 AM PST by Oldeconomybuyer (The democRATS are near the tipping point.)
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To: marron
The question is, “who” are they paying?

Al Gore:

http://www.worldnetdaily.com/news/article.asp?ARTICLE_ID=54528

21 posted on 02/20/2009 8:37:18 AM PST by Oldeconomybuyer (The democRATS are near the tipping point.)
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To: Oldeconomybuyer

Can I get paid for my spring planting?


22 posted on 02/20/2009 8:38:04 AM PST by cookcounty (Impeach President dOOm!)
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To: a fool in paradise

“Al Gore sells indulgences.”

You got it. This is tyranny.


23 posted on 02/20/2009 8:40:17 AM PST by Luke21
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To: a fool in paradise
"Al Gore sells indulgences"

Amen to that.

We need a new Reformation. Against the Religion of Environaziism

24 posted on 02/20/2009 8:43:12 AM PST by ChicagahAl (Don't blame me. I voted for Sarah.)
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To: Oldeconomybuyer

I’d like to double or triple my carbon footprint, so I’d be very happy to accept money from liberals who want to pay to reduce their’s! They can give me their money (doesn’t matter if it comes from cheating on their taxes or stolen via the porkulus or a ponzi scheme or even some sort of political campaign money launder) and then assign their carbon use to me!

Then, we can all be happy - they will **feel** better due to their “good” intentions, and I will be better off with my larger carbon footprint!


25 posted on 02/20/2009 8:43:41 AM PST by rigelkentaurus
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To: Oldeconomybuyer; proud_yank; FrPR; enough_idiocy; Desdemona; rdl6989; Little Bill; IrishCatholic; ..
 




Beam me to Planet Gore !

26 posted on 02/20/2009 9:23:16 AM PST by steelyourfaith (Hope + Change = PORKULU$)
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To: Luke21

I want those who are pushing this multi-billion dollar fraud to be prosecuted. Al Gore and all.


27 posted on 02/20/2009 9:54:32 AM PST by a fool in paradise (Mr. President, Why am I being punished with a bailout?)
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