HolyCoast: Carbon Credit Scam Actually Increases Greenhouse Gases
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Saturday, June 02, 2007

Carbon Credit Scam Actually Increases Greenhouse Gases

The latest lefty fad for the high energy users is carbon credits, supposedly used to offset their prodigous carbon output. They may not be working as advertised:
One senior figure suggested there may be faults with up to 20% of the carbon credits - known as certified emissions reductions - already sold. Since these are used by European governments and corporations to justify increases in emissions, the effect is that in some cases malpractice at the CDM has added to the net amount of greenhouse gas in the atmosphere.

The whole thing's a scam, folks. Follow the money.

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