Ok, so from what I understand, these companies, people, and even gov't entities can buy up these so called carbon credits and somehow offset their carbon emissions and therefore become "green" or "carbon-neutral". It sounds like each credit is equivalent to so-many cubic tons of gas, and you just buy up your share. I frankly dont see how this process could ever hope to work. What body or entity is controlling these credits? There amount and availability? Is there a strict limit to how many the world (or a country) has? And who creates these credits? Anybody that wants to, or that gets "licensed"?
It basically sounds like different companies sell them off and then people, who think they are actually doing something productive, buy them up without actually doing anything at all. Everyone is STILL producing the same amount of carbon and NO ONE, at all, is greener in the process. Am I missing something here?
2007-12-14
02:39:40
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6 answers
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asked by
Toledo Engineer
6