Another Inconvenient Truth
Behind the feel-good hype of carbon offsets, some of the deals don't deliver
"...Still, this kind of secretiveness provokes skepticism. "If neither a seller of RECs nor the buyer will provide any details of how, exactly, their transaction is reducing carbon emissions, I would suspect it's vaporware," says Randy Udall, director of the Community Office for Resource Efficiency, an Aspen (Colo.) nonprofit that promotes renewable energy....
.....More broadly, the proliferation of suspect RECs and offsets may persuade consumers and businesses that preventing climate change comes cheap, says Anja S. Kollmuss, outreach coordinator of the Tufts Climate Initiative, an advocacy group affiliated with Tufts University. "We cannot solve the climate crisis by buying offsets and claiming to be climate-neutral," she adds.
"Nature does not fall for accounting schemes." http://www.businessweek.com/magazine...3/b4027057.htm
Discussed here in a Business Week article is Waste Management, Starbucks, Vail Resorts, and a Seattle power company.....and a lot of smoke and mirrors!