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Carbon "offset'' market that helps you go green lacks standards, oversight
Mercury News ^ | 8/26/07 | Sarah Jane Tribble

Posted on 08/26/2007 10:12:07 AM PDT by NormsRevenge

Feeling guilty about the amount of deadly greenhouse gases you emit by driving that big SUV or using your air conditioner during the summer?

Well, don't count on an easy fix.

While celebrities like Al Gore and Gov. Arnold Schwarzenegger burnish their green credentials by buying so-called carbon offsets that fund projects like wind farms to make up for their energy excesses, environmental advocates nationwide criticize the effectiveness of the programs.

Their concern: The carbon offset market, which is largely unregulated, lacks the standards or the oversight needed to make sure that the projects consumers send money to are actually helping clean the air.

"Right now the status is buyer beware," said Julia Bovey, spokeswoman with the Natural Resources Defense Council. "There are a lot of companies out there . . . but there are concerns that have to do with whether the money is going to where they say it is going."

Since the industry is not monitored, it's difficult to say how many people are buying offsets, called that because they are supposed to "offset" the buyer's carbon emissions. But it's clear demand is rising.

Since 2002 the number of organizations selling carbon credits has grown by 200 percent, with online retailers expanding even faster, according to a report released last month by research firm EcoSystem Marketplace.

Popular online travel sites like Travelocity and Expedia let customers offset carbon emissions from air travel by paying extra for a ticket. Last year, Al Gore's "Inconvenient Truth" struck a nerve with audiences, raising interest in fighting global warming. And big companies like Google have announced plans to become "carbon neutral" and buy offsets.

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


TOPICS: Culture/Society; Politics/Elections; US: California
KEYWORDS: boondoggle; capandtrade; carbon; carbonoffsets; carbontrading; climatechange; environment; gorebalism; greenhousegases; offset; oversight; standards
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PT Barnum was sure right, huh, Al ;-?


1 posted on 08/26/2007 10:12:09 AM PDT by NormsRevenge
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To: NormsRevenge
Feeling guilty about the amount of deadly greenhouse gases you emit by driving that big SUV or using your air conditioner during the summer?

No. But thanks for asking.

2 posted on 08/26/2007 10:13:15 AM PDT by Steely Tom (I wasn't able to vote against Hitler, but I can vote NO on Hillary!)
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To: NormsRevenge

“The carbon offset market, which is largely unregulated, lacks the standards or the oversight needed to make sure that the projects consumers send money to are actually helping clean the air.”

No problem, they’ll just create a Government Agency to regulate it and charge a tax to run the new department. That will fix everything! What’s the matter with you people?!


3 posted on 08/26/2007 10:15:04 AM PDT by poobear (Pure democracy is two wolves and a lamb voting on what's for dinner. God save the Republic!)
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To: poobear

Yes, I see what you are saying.

Another layer or two of bureaucracy and it will work. uh huh. ;-)


4 posted on 08/26/2007 10:15:50 AM PDT by NormsRevenge (Semper Fi ... Godspeed ... ICE’s toll-free tip hotline—1-866-DHS-2-ICE)
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To: NormsRevenge

I offered to sell some carbon offset credits to a few liberal friends....no takers. I think even they know it is a scam.


5 posted on 08/26/2007 10:16:11 AM PDT by engrpat
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To: NormsRevenge
Well, don't count on an easy fix.

An easy fix doesn't exist for a politician.

A future of doom and gloom does exist for the sake of their future in politics however.

6 posted on 08/26/2007 10:17:14 AM PDT by EGPWS (Trust in God, question everyone else)
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To: engrpat

Tsk Tsk.. FRiends don’t sell FRiends carbon offset credits. lol (.. and good for them, btw)


7 posted on 08/26/2007 10:17:52 AM PDT by NormsRevenge (Semper Fi ... Godspeed ... ICE’s toll-free tip hotline—1-866-DHS-2-ICE)
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To: NormsRevenge
“Another layer or two of bureaucracy and it will work. uh huh. ;-)”

That’s right, Global Warming solved!

Next faux crisis to gouge the American tax payer please. Let’s keep ‘em coming!

8 posted on 08/26/2007 10:19:24 AM PDT by poobear (Pure democracy is two wolves and a lamb voting on what's for dinner. God save the Republic!)
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To: NormsRevenge

The Corporations doing the most to develop green alternatives are Big Oil.


9 posted on 08/26/2007 10:20:33 AM PDT by RightWhale (It's Brecht's donkey, not mine)
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To: NormsRevenge

10 posted on 08/26/2007 10:21:26 AM PDT by Maceman
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To: NormsRevenge
Its a scam. Paying extra slims your wallet but does nothing to fight global warming. How does carbon trading reduce C02 in the atmosphere? A moment's rational reflection would tell you the entire notion is loony. What's amazing is how many people are chumps for that kind of stuff.

"Show me just what Mohammed brought that was new, and there you will find things only evil and inhuman, such as his command to spread by the sword the faith he preached." - Manuel II Palelologus

11 posted on 08/26/2007 10:24:42 AM PDT by goldstategop (In Memory Of A Dearly Beloved Friend Who Lives In My Heart Forever)
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To: NormsRevenge
Another layer or two of bureaucracy...

Yea, we need more bureaucracy to mask the present debacle of bureaucracy that we are strapped with.

What the hay, it's only hard earned labor..../s

12 posted on 08/26/2007 10:24:47 AM PDT by EGPWS (Trust in God, question everyone else)
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To: goldstategop
Its a scam.

Gosh, really?

I guess whatever it takes to divest one of their finances and make them feel good about it at the same time....

P.T. Barnum will be considered the next coming hopeful.

13 posted on 08/26/2007 10:28:41 AM PDT by EGPWS (Trust in God, question everyone else)
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To: NormsRevenge

When buying carbon credits.....what are you really buying? Absolutely NOTHING. You are just giving your money to Al Gore and his company.


14 posted on 08/26/2007 10:32:10 AM PDT by RC2
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To: EGPWS
PT Barnum had nothing on Algore. Algore is selling his brand of snake oil as a Help the Earth kind of deal but underneath its the same thing. And there's the saying about fools and their money soonest parted... they deserve what they get. There's enough and hypocrisy to cover the planet several miles thick.

"Show me just what Mohammed brought that was new, and there you will find things only evil and inhuman, such as his command to spread by the sword the faith he preached." - Manuel II Palelologus

15 posted on 08/26/2007 10:35:46 AM PDT by goldstategop (In Memory Of A Dearly Beloved Friend Who Lives In My Heart Forever)
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To: EGPWS

I wonder when the first “My uncle died suddenly and left 12,000,000 carbon offsets in the bank and I need help...” e-mail will arrive from Nigeria.


16 posted on 08/26/2007 10:37:10 AM PDT by Hatband
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To: NormsRevenge
I want in on this gig. Any suggestions of how to profit from idiot greenies? I've got land with trees on it, in 3 different states. How can I get people to pay me not to cut them down (which I didn't plan to do, but thats not important)?

Its pretty easy to find how to BUY these things, I want to SELL them. I'm wondering if in some areas where land is still cheap, the payments you can get per acre would offset the payments on the land?

17 posted on 08/26/2007 10:41:28 AM PDT by jdub
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To: NormsRevenge

I understand Al is heavily invested in the organization that exchanges or banks the so called “carbon credits.” So when he buys them to offset his impact, the money comes back to him through his investment. He is laughing all the way to the bank.


18 posted on 08/26/2007 10:43:29 AM PDT by marsh2
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To: NormsRevenge
Popular online travel sites like Travelocity and Expedia let customers offset carbon emissions from air travel by paying extra for a ticket.

And my electric utility says that I can opt to pay a higher rate for electricity, assuring me that if I do, my electricity will come from "green sources".

Suuuuure...

19 posted on 08/26/2007 10:45:29 AM PDT by Sender (A noble spirit embiggens the smallest man.)
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To: goldstategop
PT Barnum had nothing on Algore.

True, for with P.T. Barnum's promotion it was still just an individual decision to be idiotic enough to accept it and support it.

20 posted on 08/26/2007 10:48:41 AM PDT by EGPWS (Trust in God, question everyone else)
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