Friday, April 27, 2007

Carbon credits defrauding environmentalism?

Does carbon credit-environmentalism really work?

Al Gore has justified his less than environmentally friendly lifestyle because of carbon credits. Yet, is Mr. Gore, and other carbon credit purchasers, really helping the environment? Not according to a recent study.

"A Financial Times investigation has uncovered widespread failings in the new markets for greenhouse gases, suggesting some organisations are paying for emissions reductions that do not take place. Others are meanwhile making big profits from carbon trading for very small expenditure and in some cases for clean-ups that they would have made anyway."

Granted carbon credits are a new idea and could possibly be utilized correctly for a positive gain. Still, I wish the likes of Gore and other rich environmentalists did a little more walking and a little less talking. You can't buy your way out of everything. Move out of your mansion, Mr. Gore.

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