Sunchips

Companies who can't or are unwilling to practice business in a way that allows for a cleaner environment are allowed to purchase carbon credits. Basically, if I emit 100 tons of carbon and am willing to buy 100 tons worth of credits, then I really have a net carbon footprint of zero... now I can advertise that I am a "green" company.

It is really interesting to me that at least 20% of the UN's Carbon Credits may in fact be bogus. Does it really come as a surprise that the UN would have a program that isn't actually all that it claims to be? Now, the UN is trying to change the way Carbon Credits are handled. So, businesses can't buy credits if the UN thinks there isn't enough validation in the way wind farms or solar plants or tree planters do things. (I can't see what could possibly go wrong.) continue reading...