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Carbon Credits Update

February 22nd, 2007 · No Comments

My last e-news article on carbon credits generated lively feedback. Some felt it was a worthwhile concept, others derided it as simply a hucksterish way to soothe eco-guilt. Turns out BusinessWeek was skeptical, too.(see article) In it’s response,TerraPass, one of the companies I featured, recently conducted an audit of the project in question, the Tontitown Landfill Methane Flaring project, to evaluate, among other things, its ‘additionality’ – that the carbon credits were used to finance an ‘additional’ greenhouse gas-destroying project that otherwise would not have been feasible.The results are here. Lengthy, if not completely conclusive. If only our government were so quick to monitor their accountability. 

Tags: Green Points of View · Sustainable Lifestyle · Sustainable Products

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