Friday, September 18, 2009

Carbon offset kiosk at SFO sells carbon credits at 60 times the market rate

Yet another example of why--if we must do something--a straight-up carbon tax would be a much better answer. Less opportunity for weaseling. With cap-and-trade, the same fine investment-banking folks at Lehman, Goldman Sachs, Et al (well, maybe not Lehman :-) ) are salivating at the prospect of yet another financial instrument to, ah, manipulate. How, exactly, is this a good idea?

Carbon offset kiosk at SFO sells carbon credits at 60 times the market rate: "

H/t - WUWT

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