Carbon Offset Cash-In Questioned

New Scientist ^ | 5-13-2007

[tioga]

Psst. It’s a money making scam, pass it on.

[Dr. Bogus Pachysandra]

I sense the presence of al oGre!

[capydick]

with no benefit to new carbon-saving schemes.

If it's a scheme - why would you look for a benefit? Unless, of course, you're the person who is collecting the monies from the scheme.

[Calpernia]

http://www.freerepublic.com/focus/f-news/1775002/posts
Trading Hot Air?

Note from thread:

Excerpt:

China appears to be flooding the carbon trading market with certified emission reductions (CERs) or carbon credits, which are priced lower than those of Indian projects. This is because China has much higher volumes of CERs in the world market compared to India. Each CER represents one tonne of carbon dioxide emission reduction.

As per annual averages, China now accounts for 43 per cent of total CERs registered at the UN, while India accounts for 12.11 per cent. Chinese projects can reduce carbon dioxide emissions by about 36.66 million tonnes per year till 2012, while Indian projects would reduce about 10.17 million tonnes.

[MaxMax]

Pet Rock anybody?

[Red6]

Say it isn’t so- lol

[originalbuckeye]

Another plastic-banana, good time rock and roll bottomless pit of cash to benefit Liberals. Their hypocrisy just slays me!

[Sawdring]

It is like selling land on the moon.

[magoo70804]

Now, where did I put those damn chia pets???

[The Great RJ]

Carbon offsets are the greatest scam since the Nigerian e-mails.

[RobFromGa]

There are large corporations that own large tracts of forests. As everyone knows, forests take in CO2 and convert it to oxygen. By benefit of owning the forest, these companies get the carbon credits. It is clearly a scheme that is designed by do-gooders and for do-gooders only. There is negligible impact on carbon emmissions, even if these were a problem to begin with.

[originalbuckeye]

In an aside, did you see the SNL skit called ‘The Spammies’? It featured Kenan Thompson as the Nigerian prince behind those e-mails and some other famous Spam artists. SNL is pretty bad these days but that skit was priceless! I wish Youtube still posted SNL skits. It is definitely worth seeing again.

[Drango]

I’m selling carbon credits at 1/2 price. No checks please. FReepmail me your account number and pin and I’ll get back to you.

[Uncle Hal]

Wall Street is getting involved so you know there is money to be made. Big money.

[PJ-Comix]

The Goracle demands that you burn wood offerings to him as Carbon Offsets to prevent Global Warming. Pray to the Goracle!!!

[bannie]

This is a con $cheme for the wealthy to feel less guilty about not following the rules of life that they propose—and would like to ENFORCE—for others.

How can “the common man” ever fall for this crap???

[Leftism is Mentally Deranged]

$5 billion is the extent to which some Americans have lost their minds in their fanatical rush to appear “environmentally conscious”.
It’s a fake.

[Brilliant]

Figures that Al Gore would be at the center of this fraudulent industry.

[DPMD]

“Some firms are making a killing from schemes designed to curb greenhouse gas emissions,

If you massage this sentence just a bit, there comes a pretty workable description of government (or of Congress):

“They are making a killing...while doing little or nothing in return.”