Sep 13, 2009

Relying on Offsets can Lead to Climate Disaster

Source:

The controversial practice of carbon offsetting, via which U.S. polluters send money overseas in exchange for promised—and often pretend—pollution reductions elsewhere, came under fire today in a new report published by Friends of the Earth.

Offsets are a centerpiece of the energy bill that passed the House of Representatives in June, and they may be included in soon-to-be-introduced legislation in the Senate. The report explains how offsets work and concludes that they are a flawed approach to combating global warming. A Dangerous Distraction: Why Offsets Are a Mistake the U.S. Cannot Afford to Make



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