On Wed, Oct 17, 2012 at 6:53 PM, michael perelman <[email protected]> wrote: > Is the person who dumped the iron in the ocean really going to be able > to claim carbon credits?
Almost certainly not in the ETS. But anyone can buy a credit in a voluntary scheme for green-washing purposes. It is likely that someone will try to market them, the dumper if nobody else. Whether they find buyers is another question. Someone might buy them to pose as a brave defier of conventional wisdom who bravely backs a solution to the climate crisis that is being ignored. But probably not at a high price, since even CERs are currently in the toilet as far as price is concerned. Part of me thinks this is about ego and sticking it to the liberals rather than profits. The rest of me remembers that very rich people can lie to themselves as easily as the rest of us, so maybe the asshole really expects to get richer off of this. Or maybe there is a path to profit here I am missing. > > -- > Michael Perelman > Economics Department > California State University > Chico, CA > 95929 > > 530 898 5321 > fax 530 898 5901 > http://michaelperelman.wordpress.com > _______________________________________________ > pen-l mailing list > [email protected] > https://lists.csuchico.edu/mailman/listinfo/pen-l -- Facebook: Gar Lipow Twitter: GarLipow Solving the Climate Crisis web page: SolvingTheClimateCrisis.com Grist Blog: http://grist.org/author/gar-lipow/ Online technical reference: http://www.nohairshirts.com _______________________________________________ pen-l mailing list [email protected] https://lists.csuchico.edu/mailman/listinfo/pen-l
