Feeling “green”, don’t waste your money

Looks like Al Gore’s little scam is already starting to show it’s corrupt underbelly.

FT.com / In depth – Industry caught in carbon ‘smokescreen’

â–  Widespread instances of people and organisations buying worthless credits that do not yield any reductions in carbon emissions.

■ Industrial companies profiting from doing very little – or from gaining carbon credits on the basis of efficiency gains from which they have already benefited substantially.

â–  Brokers providing services of questionable or no value.

â–  A shortage of verification, making it difficult for buyers to assess the true value of carbon credits.

â–  Companies and individuals being charged over the odds for the private purchase of European Union carbon permits that have plummeted in value because they do not result in emissions cuts.

Remember folks, if it looks like bullshit and smells like bullshit, it’s most likely bullshit.

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