U.S. report questions value of carbon-offset deals

alertnet.org, Reuters by Timothy Gardner | Dec. 4, 2008 (News Report)

The GAO report said some carbon offset investments went toward projects that probably would have happened otherwise. A key tenet of emissions markets is that such offsets help fight global warming only if they would not have occurred. Full Story »

Posted by Dwight Rousu

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Subjects: World, Politics, Business, Sci/Tech
Topics: Global Economy, Global Warming, U.S. Congress, Climate Change
Member Tags: Carbon offsets
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Posted by: Posted by Dwight Rousu - Dec 4, 2008 - 9:33 PM PST
Reviewed by: Dwight Rousu (review), tim gardner (review)
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Edited by: Dwight Rousu - Dec 4, 2008 - 9:33 PM PST
Related Comments: Climate Change (9) | Global Economy (2)

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Dwight Rousu
3.9
 by Dwight Rousu - Dec. 5, 2008

The current expedited congressional look at how to decrease carbon emissions has led to this report that exposes some of the problems inherent in carbon offset programs.

It seems this analysis would make carbon taxes and caps preferable to offset deals.

Dwight posted this story.
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  • Carbon Trading: Environmental Godsend or Giant Shell Game?

    Discover Magazine by Jennifer Barone | Dec. 4, 2008 (Special Report)
    () Mainstream financial institutions including Merrill Lynch, J.P. Morgan, Deutsche Bank, and Goldman Sachs are joining the booming carbon market, which continues even through ...
    Posted by Dwight Rousu
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