Money is a powerful incentive. When it comes to global warming, governments all over the world have created policies that intend to reduce greenhouse gas emissions but have led to fraud, scams, black markets, and increased emissions. Mark Schapiro of Reuters reports on the unintended consequences of European companies offsetting …
The New York Times reports today: In 2002 Responsible Travel became one of the first travel companies to offer customers the option of buying so-called carbon offsets to counter the planet-warming emissions generated by their airline flights. But last month Responsible Travel canceled the program, saying that while it might …
Laurie Williams and Allan Zabel, two lawyers currently working at the Environmental Protection Agency (EPA), spoke out against cap and trade in their Washington Post column. Zabel has first hand experience with cap and trade, overseeing California’s cap and trade and offsets programs. The article is full of good reasons …
“There’s a point at which you’ve got to ask yourself, what are we doing here? What’s the point?” That’s Elaine Kamarck, a former Clinton administration official and advisor to then-Vice President Gore, and she’s talking about the Waxman-Markey cap and trade bill. In order to garner enough votes to pass …
Literally: “Anti-Mafia magistrates in Sicily have opened a sweeping investigation into the wind power sector where local officials, entrepreneurs and crime gangs are suspected of collusion in the construction of lucrative wind farms before their eventual sale to multinational companies. Italian and EU subsidies for the building of wind farms …