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Keyword: carbonfund

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  • A Dubious Way Out Of CO2 Emissions

    02/25/2007 4:44:09 PM PST · by Winged Hussar · 19 replies · 781+ views
    Chemical & Engineering News (membership required for online access) | 2/19/07 | Bette Hileman
    In the late Middle Ages, professional pardoners sold indulgences to Roman Catholic parishioners with the promise that their sins would be forgiven. It was one of the practices that led to the success of Martin Luther's Reformation. Today, some environmentally conscious people purchase so-called carbon offsets to compensate for the CO2 emissions they are personally responsible for. ...At least 50 companies sell offsets for air travel for between $5 and $30 per ton of CO2. Some of them sell offsets for other activities as well.