NationStates Jolt Archive


Who'd a thunk it?

Reaganodia
26-04-2007, 12:32
I'm shocked, shocked I tells ya!

http://************/26mdp8

Industry caught in carbon ‘smokescreen’

By Fiona Harvey and Stephen Fidler in London

Published: April 25 2007 22:07 | Last updated: April 25 2007 22:07

Companies and individuals rushing to go green have been spending millions on “carbon credit” projects that yield few if any environmental benefits.

A Financial Times investigation has uncovered widespread failings in the new markets for greenhouse gases, suggesting some organisations are paying for emissions reductions that do not take place.

Others are meanwhile making big profits from carbon trading for very small expenditure and in some cases for clean-ups that they would have made anyway.
Ifreann
26-04-2007, 12:33
So throwing money at the problem isn't making it go away?


I guess we'll just have to throw even more money at it.
Call to power
26-04-2007, 12:40
admit it, we all knew this anyway