Christian Science Monitor Gets it Right on Carbon Trading
The Christian Science Monitor has a six-part report investigative report on carbon cap-and-trade. The results aren't particularly surprising; the first article in the series reports:
An investigation by The Christian Science Monitor and the New England Center for Investigative Reporting has found that individuals and businesses who are feeding a $700 million global market in [carbon] offsets are often buying vague promises instead of the reductions in greenhouse gases they expect.
But the high potential for fraud, waste, and abuse--not to mention the likelihood that cap-and-trade schemes won't affect climate one whit--probably don't matter to the politicians in Washington, DC. What may matter is public opinion.
This is a must-read series, folks -- and then must forward to members of Congress, the Obama administration, environment reporters, and anyone else you can think of who still might be enamored of this carbon-trading notion.
Here are links to each article in the series -- you even gotta love the headlines!