March 22, 2007

Al Gore's Carbon Offsets

Five years ago, carbon offsets seemed like a good idea, so i became a partner in Wonder Earth Partners and began accounting for carbon. We ran for about a year collecting a group of land-owners that could cash in on good land-use practices and getting their baseline accounted. There was no market support and i lost interest when a friend at Cantor Fitzgerald perished in a memorable plane crash. This Mike Donnelly article relates how to make the system work - use political pull. Thing is - the practices endorsed in growing carbon for profit are useful practices to choose - if the markets were free and not tied up with the twisted marionette strings of regulation and cartelization - rural tree farmers might actially be able to make a go of it.

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