Monday, March 03, 2008

CARBON OFFSETS, PART 2

So according to the New York Times the "organic" CEOs gathered for a hike in Costa Rica. The ariticle didnt mention how they got there-private jets anyone? The good news is that they are finally getting around to dismissing the joke that is carbon offsets. Perhaps they read one of my old posts below. Again offsets are papal indulgences, a feel good payment to sin. You dont solve global warming by emitting more carbon and then paying for so called mitigation measures. You solve it by reducing emissions. So lets have a cap and trade system in the US like the rest of the world, and lets each reduce our carbon footprint by ten percent-its not that hard to do.

1 Comments:

Anonymous Bob Resch said...

Because of the higher capitalization costs for hydro power developments, carbon credit assets could make the difference in feasibility for a new renewable and reliable hydro power project. Except for hydro power, can you name another energy producer that can conceivably operate uninterrupted for over 100 years? Consider the Rainbow Hydroelectric Plant in Great Falls, Montana, that has operated continuously since it was commissioned in 1907.

3:42 PM  

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