Colonel Hazard

Don't Give Up The Ship!

Sunday, May 31, 2009

Carbon credit scammers ruin lives

A long boring article that, when it gets right down to it, is about what a scam exchanging carbon credits is. It concludes with an environmentalist complaining that, hey, the system isn't perfect but it's "a start." Bleh. More to come: 
The factories getting carbon-credits money were the serious polluters. But how can you reward them for stopping polluting in one area, when they pollute in another? 

'And who were the victims of all the previous pollution they caused? The local farmers. Surely they are the people who deserve to be compensated with the carbon-credits money. Why does it all go into the pockets of the industry that caused the damage in the first place?

‘GFL has been polluting the surrounding soil and water for years, and villagers have been fighting them in court for the past 15. So how can Ineos claim not to know or care? Incidents like the gas leak make it even worse.’

Globally, the overall impact on the environment is ambiguous. Since developing countries do not yet have any national caps on emissions, companies can take the handsome payments they receive from carbon cuts in one plant and use the money to build new polluting factories. 

Posted by Colonel Hazard at 8:03 PM

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