Carbon Credits not Making Sense? Follow the money!

 

Since December 4 of last year, we have posted five articles on Global Warming by trying to understand the issues surrounding them and we invite you to read them again here. Global Warming is reportedly the primary force driving this nearly inevitable disaster that will befall our planet this century if we, the human race do not take drastic steps and measures to avoid it and reduce Carbon Dioxide emissions (CO2) into our atmosphere. We have tried to understand the accuracy of the statements made by those who are convinced that Global Warming will doom us all if we continue with our current lifestyles. We have also questioned their arguments by citing scientists, climatologists, other experts and others who have made strong arguments to the contrary using logic and examples that while global warming might be occurring, humans do not necessarily cause it. Greater than normal solar activity by the sun can be the main reason for this warming trend.

 

In recent months the debate has changed to an attack on the ‘global warming doubters’ by comparing them to so called ‘Holocaust deniers and Flat Earth Society members’ with the help of the members of the media who have been only too happy to support the statements of the “Global Warming prophets”. Hollywood has also played its part by awarding an Oscar for Best Documentary Film to ‘An Inconvenient Truth’, a movie based on the book of the same title authored by former Vice-President Al Gore and narrated by him. But Al Gore is not alone in his fight to save the planet, he has many like-minded individuals and organizations that all share his vision and are proud to jump on his bandwagon. Someone has even submitted Al Gore’s name for this year’s Nobel Peace Prize and it should not surprise anybody if he should be awarded this esteemed award by the people in charge of the nominating process there. After all, Al Gore considers fighting Global Warming a moral issue!

 

As United States Senator Dianne Feinstein from California recently stated: The time for debating Global Warming is over, it is now time to act; in other words: We have to start passing Federal laws to mitigate if not avert the unavoidable end of life as we know it! Our “human carbon footprints” as they are called have to be reduced drastically in order to change course in our battle for survival. Even though the Global Warming proponents or prophets do not like it, there is still a lot of doubt out there. Some have called it “a new religion” based on the fervor by which it is trumpeted by its most vocal preachers, others have just stated doubt about this new phenomenon and want more proof before they are willing to spend money to exchange light bulbs from incandescent to fluorescent.

 

Enter another element

 

Different people call it different names but it is basically the same thing. You can buy your way out of your dilemma being a Carbon polluter by way of ‘Emissions trading’, ‘Reducing your Carbon Footprint’ and ‘Going Green’! To examine this, we have to do what was first suggested in the movie ‘All the President’s Men’ and that is to “Follow the Money”. What does this mean? Allow us to explain as best as we can: A new industry has sprung up that will – for money (of course) – reduce your carbon footprint, meaning that you can buy your way out of your CO2-producing dilemma (driving SUV’s and other large automobiles, using too much electricity in your home, flying around in private planes, etc) by simply giving money to someone who will plant trees somewhere with your name on it. One such company is called Carbon Planet Pty Ltd in Australia where you can buy Carbon Credits to offset your Greenhouse Gas emissions. If you visit their website, you will find that a resident in the United States can become Carbon neutral by paying for 25 tonnes/year of CO2 credits for the ‘meager’ amount of AU$575.00. According to them, the carbon credits that they retail come from the Forests NSW carbon pool which consists of 32 individual forests that make up the accredited Carbon Pool. These are located in northeastern New South Wales (NSW) Australia, ranging from Taree to the Queensland border.

 

Well folks, your worries are over: Keep your SUV’s and incandescent light bulbs, continue to “live the life of Riley” because you can buy your way out of your dilemma of being a CO2 contributor (and polluter) for just (at the current exchange rate) US$465.00. “Piece of cake,” you say, put it on the credit card and make monthly payments on it. The main thing being: You do not have to change your lifestyle, period!  Problem solved, go on with your life, feel good about yourselves by having acted responsible in dealing with this major, planet destroying inevitable catastrophy. In addition, you can brag among your friends, neighbors and co-workers what a responsibly individual you truly are.

 

And now for the real story

Al Gore and a lot of his compatriots of Global Warming Doom and Gloom are doing this already! In his book “The Color of Money”, author James Taranto states and we quote: According to the Tennessean, a newspaper in Al Gore’s home state, he has been buying “carbon offsets” from a company called Generation Investment Management, a company he helped found and of which he is the Chairman. The firm invests in solar, wind and other projects that reduce energy consumption around the globe. Gore presumably draws an income or will make money as its investments prosper. In other words, Gore “buys his carbon offsets” from himself, through a transaction designed to boost his own investments and return a profit to himself. Oklahoma Senator James Inhofe challenged Al Gore recently during his testimony to a Senate Committee if he would sign his own “Carbon reduction contract” as outlined in his book ‘An Inconvenient Truth’, Al Gore evaded answering the question!  Al Gore has stated on numerous occasions: “The time for debate is over.” Let’s take him up on it and stop listening and talking to him unless about his hypocritical behavior! Enough is enough!

A ‘common-sense thinking’ person has to truly question now everything that has been said about the dangers of human caused Global Warming! All the Doom and Gloom warnings have to now be looked at and evaluated through the eyes of a skeptic and question everything that has been said about its true motives. Are these guys, Gore and compatriots, seriously thinking that we can be fooled by  their apparent seriousness trying to save our planet when they are actively involved in Emission trading etc, i.e., making money on it? Their actions remove a lot of credibility on this topic. One has to seriously doubt now, if this hype about the impending doom of planet Earth is not in fact a hoax. Can we not expect at the least from these people that they practice what they preach? Have they not reduced themselves now to being characterized as current day snake oil salesmen? A hoax is a hoax is a hoax.

 

Unless convincingly proven wrong in our analysis, we shall continue to maintain our skepticism about this entire matter. We will not buy trees in Australia, nor plant any trees on our own land; we will not participate in any other (future) carbon credit trading schemes by “adopting” indigenous tribes in the Amazon or New Guinea nor schemes of similar content. As long as the Global Warming advocates and scaremongers have people like Al Gore as their main spokesman shall we remain very skeptical now that we can follow their money trails and find out how much money they make on this. Stay tuned for new reports on this.

 

This article and others on Back to Common Sense are designed to provoke further thought and investigation.   It is not the intent for the articles to be politically biased. Sources are referenced in each article to encourage readers to delve into the supporting material.  We welcome all readers to participate with their point of view either in support or contrary with additional information sources.

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One Response to Carbon Credits not Making Sense? Follow the money!

  1. madmouser says:

    You did a great job on this piece. Thanks for sharing. I will change my mind and believe the hype when I see all the wealthiest people change their lifestyles to a more meager way of life, similar to the everyday people. Let the worst offenders be the first to sacrifice, then we will follow, not before.

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