Big, fat surprise: "Carbon offsets" a big, fat scam

Industry caught in carbon ‘smokescreen’

The FT investigation found:

■ Widespread instances of people and organisations buying worthless credits that do not yield any reductions in carbon emissions.

■ Industrial companies profiting from doing very little – or from gaining carbon credits on the basis of efficiency gains from which they have already benefited substantially.

■ Brokers providing services of questionable or no value.

■ A shortage of verification, making it difficult for buyers to assess the true value of carbon credits.

■ Companies and individuals being charged over the odds for the private purchase of European Union carbon permits that have plummeted in value because they do not result in emissions cuts.

And Al Gore buying "carbon offsets" from himself.

This is just vindication for those of us who knew this "carbon offsets" garbage smelled, looked, sounded, tasted and felt like a scam.

Now the big question is whether or not the left-stream media will report this. And an even bigger question is whether or not liberals will care.

I'm guessing "no" for both.

More at Hot Air.