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August 27, 2008
Pulse of the Planet
By MELISSA CHECKER
From Coldplay to Leonardo diCaprio to Al Gore, influential environmentalists are increasingly modeling green behavior by neutralizing their carbon emissions through carbon offsets. Briefly, offsets are based on the notion that consumers can balance out carbon intensive activities, like travel, by contributing to projects that reduce greenhouse gases. Between 2005 and 2007 the market for carbon offsets grew 175%, reaching $110 million (Faris 2007). But just as buying indulgences in the Middle Ages never really erased your sins, carbon offsets rarely counteract your carbon use. Moreover, in some cases, carbon offset projects actually hurt local people. Many experts now believe that well-intentioned consumers are not just wasting their money on offsets, but that purchasing them actually does more harm than good.
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Dear Friends,
A moratorium on coal-fired power plants without carbon capture and storage ... should be the rallying issue for young people. It seems to me that [they] should be doing whatever is necessary to block construction of dirty coal-fired power plants.
- Professor James Hansen, 8 July 2007
A report on this year's Camp for Climate Action at Kingsnorth coal-fired power station in Kent including interviews with some of those involved in some of the associated direct actions.
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Daily News Tuesday, August 12, 2008
A battle could be brewing for BHP Billiton (BHP-N, BLT-L) on a small island in Indonesia.
The company that has worked hard at building a solid reputation on the social and environmental side of mining could soon find itself in the sites of environmental groups should it make a false step.
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The European Commission, Member States and the United Nations Framework Convention on Climate Change (UNFCCC) Secretariat have successfully completed all the testing required for connecting to the UN's international carbon credit registry. The EU's Community Independent Transaction Log (CITL) and Member State registries will be connected to the UN's International Transaction Log (ITL) before December 2008 at the latest. The link will mean carbon credits issued under the Clean Development Mechanism can be transferred to the registries of EU Member States.
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According to the Chinese Technology Minister Wan Gang, the Beijing Olympic Games will result in the release of some 1.18 million tonnes of carbon to the atmosphere, "in part because so many athletes and spectators were traveling long distances". However, we need not worry about this, because the Chinese authorities assure us that the Olympics will be "basically" carbon neutral.
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