Thursday, September 01, 2011

London Olympic organizers: Remember when we pledged to blow millions of pounds on an insane swindle that would allegedly prevent bad weather? Never mind

London Olympics Drops Carbon-Offset Plan- Bloomberg
Organizers of the London 2012 Olympic Games dropped a plan to cut carbon emissions during the sporting showcase, abandoning a pledge made when it defeated eight other cities to host the event.

Games administrators will “no longer pursue formal offsetting procedures” to mitigate Olympics-related emissions, documents posted on the London Olympics website said.
...By ditching the program, LOCOG may avoid spending as much as 2.7 million pounds ($4.4 million), according to prices quoted by brokers MF Global.

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