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Green News Reports
Posted By admin On 30. March 2009 @ 08:18 In Freedom News | No Comments
GREENNEWS REPORT
The full effects of green conversion, carbon offsets, and other green-related
reforms
may not be as smooth or as beneficial as seemed obvious.
The scramble for those carbon offset dollars has begun. Here,
businesses are ratcheting up
for the potential new business in carbon offsetting, the scheme where a
carbon emitter
pays a company to reduce carbon levels somewhere else.
Here is another example. This Australian company is talking about
underground
carbon storage. It denies its interest is connected to anything other
than local concerns,
but critics are doubtful.
Yvo de Boer, the executive secretary of the UN Framework Convention on
Climate Change…
"There's a double worry. The low oil price means that a lot of renewable
energy projects
are being pushed onto the backburner and at the same time there's less
investment capital around,"
The reality of climate change technology and development is the economy.
Green Projects, such as wind farms and solar farms face an unlikely foe,
their supposed champions,
environmentalists.
Paul Collier
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