When Energy Cutbacks are Frightening

Coyote Blog: When Energy Cutbacks are Frightening

Of course, we all know how these things work: creative accounting. The Enron guys were saints compared to the accounting games played in the carbon accounting and offset world. Harvard will probably say that "Well, we were planning to build a massive coal-powered electricity plant right in the middle of Harvard Yard, and by cancelling the project, we have reduced our emissions 30% over what they would have been and therefore made our goal. Don't laugh - the UN and EU are doing EXACTLY this every day.