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Carbon offsets

A number of companies have started offering "carbon offsets", basically a fee that you pay to some company, to offset your SUV or other sources of environmental pollution.  An example of this is Virgin Blue airline.

My question is...  How much of the fee actually makes it into the environment?  What percentage goes to the profits or expenses of the company collecting it, how much goes to the profits or expenses of the company performing the environmental cleanup, tree planting, etc.?

I wouldn't be surprised to see a significant percentage of it lost to "expenses".

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( 3 comments — Leave a comment )
(Deleted comment)
iconoclast
Aug. 28th, 2007 10:16 pm (UTC)
I've heard it's a scam. For example, timber companies re-plant forests they've been clear-cutting. It's not hard to set up a subsidiary to buy the trees and sell carbon offsets. There are other examples of people paying for environmental work that would have been done anyway, or that is mandated by law.
mrianti
Aug. 28th, 2007 11:34 pm (UTC)
well , ask Mr Gore .
he had a considerable investment in the carbon offset company's ;)
( 3 comments — Leave a comment )

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Galen
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Galen Wolffit

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