Forwarded by Michael Dietrick’s valuable WaterPlanet Environmental Broadcast Service ( zena12@earthlink.net) is this Ross Gelbspan ( Boiling Point ) recommended read in the Financial Times.

Companies and individuals rushing to go green have been spending millions on “carbon credit” projects that yield few if any environmental benefits.

A Financial Times investigation has uncovered widespread failings in the new markets for greenhouse gases, suggesting some organisations are paying for emissions reductions that do not take place.

Others are meanwhile making big profits from carbon trading for very small expenditure and in some cases for clean-ups that they would have made anyway.

Carbon Trading Caught in Fraud

This news is just a sample of what will be happening as we wade our way through the mess we’re in. Many solutions will be proposed, and many tried. Most will have to be re-worked as experience teaches its brutal lessons. Some that are a good idea today won’t be as good tomorrow. Somethings we can’t do today we will be able to do the day after. As to this, I say, seriously consider carbon offsetting some of your activities and ensure that the group you use is reliable, responsible and effective. Let us know which you use and trust.