The carbon offset scam
Ecotality: As the controversy over global warming doomsayer Al Gore’s voracious energy-eater mansion rolls on, there’s an angle I think merits deeper investigation than it is currently getting. While much of the focus has been on whether or not Gore is an environmental hypocrite, the story has raised the profile of the role of “carbon offsets” in achieving a “greener,” more environmentally friendly world. In its original story , The Tennessean newspaper in Nashville reported that Gore buys “carbon offsets” to compensate for his home’s use of energy from carbon-based fuels. What is a “carbon offset,” exactly? Essentially, it’s a payment someone makes to an environmentally friendly entity to compensate for personally using non-green energy. ... So far, so good. So, where does Gore buy his ‘carbon offsets’? According to The Tennessean newspaper’s report, Gore buys his carbon offsets through Generation Investment Management . a company he co-founded and serves as chairman: Gore helped ...