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Carbon Offsets Are Often Scams

Trading on eco-guilt, firms are selling worthless carbon credits

By J. Kelman,  Newser User

Posted Apr 26, 2007 7:56 PM CDT

(Newser) – Carbon offsets—the credits gas-guzzling consumers buy to cancel out their carbon production—may do little or nothing more than assuage consciences, a Financial Times investigation concludes. Some companies sell worthless credits; others use them to finance environmental projects they had planned anyway. And consumers...   Read full story »

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