Carbon Retirement -- you read it here first (or maybe second).
I don't normally endorse individual companies. But I have long thought European allowances were the best alternative to offsets and am delighted someone has made a business out of it.
The business opportunity is clear -- offsets suck. At a policy level, they can destroy the environmental value of climate legislation.
At a personal level, lots of vendors are selling very dubious offsets, including CCX. I can't imagine why you would waste your money on the most popular offsets, trees (certainly not a Northern forest -- heck, even offset seller Terrapass disses trees). And don't get us started on the other popular offset, RECs.
But I know some of you out there really want to be carbon neutral, and while you have bought 100 percent renewable power for your superefficient home that uses a geothermal heating and cooling system to replace natural gas, and you bought a Prius for the family car and you telecommute, you just haven't figured out how to avoid some driving and flying.
What to do? Buy real emissions credits from the European market and retire them permanently! Now that is the best idea since solar baseload.
