Tuesday, January 15, 2008

Buying Forgiveness By INVESTOR'S BUSINESS DAILY

The Federal Trade Commission is taking a close look at the carbon offset industry with a series of hearings, but it shouldn't take much scrutiny to find out that it's a scam.

The carbon-offset business is not actually about mitigating the effects of greenhouse gas emissions and the global warming they allegedly cause. It's about psychological massages. It allows willing dupes and those who've been driven to guilt by the environmental lobby a chance to redeem themselves.

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