As Earth Day dawns, ‘hell of a lot’ of money to be made on carbon offsets

April 22, 2010 04:24

Algoreaholics continue to push the myth that human actions can ‘save the planet’ while greenies make millions from all the green scams.

By Gregg Re – The Daily Caller

Today marks the fortieth-annual Earth Day, an international celebration of environmental awareness and eco-activism established by U.S. Senator Gaylord Nelson. Earth Day is the culmination of Earth Week, which is itself the culmination of Earth Month, a time when millions of Americans renew their commitments to environmental sustainability.

Many of them will consider carbon offsetting, the deceptively complicated practice in which individuals typically spend money to reduce carbon emissions or increase energy efficiency to compensate for their own carbon footprint.

But the message from leading environmentalists and even the government is simple: Those who don’t carefully consider the process may end up doing more harm than good. And even those that do carefully consider it may end up doing nothing at all.

Some have taken extreme measures to raise the alarm. Late last year, a Greenpeace Web editor, Mike Gaworecki, warned in a blog post that “offsets could totally undermine our efforts to combat global warming” by permitting corporations to outsource their emissions obligations to companies that aren’t well-regulated.


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