Saturday, June 16, 2007

Inconvenient G8 truth about the carbon offset industry

…The British government itself has been caught out over emissions from its presidency of the G8 in 2005. The then environment secretary, Margaret Beckett, said that all carbon emissions from all meetings and travel linked with the one-year presidency would be neutralised.

Delegates to the Gleneagles summit in July 2005 were given certificates declaring that all their carbon emissions were being offset. But it hasn’t happened.

The plan was to spend £150,000 in Kuyasa, a suburb of Cape Town in South Africa, refitting shack-like homes with insulated roofs instead of corrugated iron, and providing solar panels for electricity and long-life bulbs for light. But the project, which would cut carbon emissions as well as helping needy people, has run into bureaucratic, financial and practical problems. The environment department, Defra, says it is keeping it under review. The project’s leader, Shirene Rosenberg, says she is still fighting to keep it alive with no start date on the horizon…

Guardian Unlimited - Unraveling NEWS


InternAfrica would like to point out that at the current exchange rate of 14.04 the carbon offset would have been able to BUILD Kuyasa for R2,106,000 or 140 isothermic carbon-compliant cannabrick homes. ie. a whole suburb.

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