Blogger/Carbon offset seller "Little Miss Sunshine": I’m Quoted in the Washington Post
Fighting Global Warming in a Financial Panic | Solar Power - Green Energy Blog
Fighting Global Warming in a Financial Panic | Solar Power - Green Energy Blog
Much as we’ve seen in the commodities market recently, there has sharp drop in carbon offset prices. In the US carbon offset markets, these offsets have dropped in price from about $2.25 a ton in january to about $1.80 today. That doesn’t sound too surprising or devastating, until i mention that during that time the price peaked at just under $7.50 a ton during the months in between. While i’m sure this affects many carbon offsetters, we’re small enough and new enough that we can only benefit by these reduced cost of offsets. The real story here isn’t the cost of the offsets, or the reason for the great swings in value.His company: 4Offsets.com - Carbon Offset your Life
The real story is that Global Warming was controlling the mindspace of American consumers and voters in January and February and is all but an afterthought today.
About 4offsetsNote carefully the top of the 4Offsets.com web site, where it says "1500 Tons CO2 Removed".
The Company
4Offsets in a private venture located in Ann Arbor, MI, with staff in Toronto, ON and London, UK. 4Offsets was founded in November 2007 by Fred Weiss, Ed Yu and Marcelo Paniza, as way to address the global warming crisis. Our founders have built careers in IT, Security and a variety of internet businesses over the last 15 to 20 years. It is our belief that the fight against global warming requires market driven solutions, in order to speed solutions. Government works too slowly to handle the entire task.
...
What exactly does buying this offset to do to reduce CO2? The offset you buy, is based on a CO2 emissions contract that 4Offsets has bought and retired. This means that for every ton of offsets you buy, we have purchased a ton of offsets on the emissions exchange and retired them for usage. In other words, each ton of CO2 you help retire is a ton that can not be bought by a coal burning power plant to offset their output. This should increase the cost of these emission contracts. The result is that CO2 emitters will have to pay more to pollute and that the CO2 remitters will receive more money for their offsets, helping increase the profitability of their wind farms and other remediation projects. This should speed investment in carbon free sources of energy.
No comments:
Post a Comment