The Forum > Article Comments > The Green religion > Comments
The Green religion : Comments
By William York, published 26/3/2008Papal indulgences, carbon indulgences: it's all about having a clear conscience.
- Pages:
-
- Page 1
- 2
- 3
- 4
-
- All
The National Forum | Donate | Your Account | On Line Opinion | Forum | Blogs | Polling | About |
Syndicate RSS/XML |
|
About Us :: Search :: Discuss :: Feedback :: Legals :: Privacy |
The first type of offset is carbon sinks such as tree planting; it claims to rapidly and permanently absorb large amounts of CO2. It generally costs about 10% of what it would take to cut back emissions in the first place. The second type is clean development which claims to prevent emissions for which there is a presumed entitlement. Both kinds of offsets expose all kinds of fraud, exaggeration, time shifting, double counting, undercosting and lack of verification. Examples; the World Bank paid Chinese CFC manufacturers $US550m to change their formula but the actual cost was more like $40m if I recall. The Toronto Bluejays baseball team claim nuclear energy offsets their travel emissions.
Guilt and political expedience are powerful forces. There are plenty of good reasons to plant trees so might as well get in a little rural pork barrelling at the same time. If we buy coloured beads for a sustainable basket weaving community in the mountains of Peru that surely balances hot gas spewing from a Latrobe valley power station. Politically offsets are a winner so expect them to continue.