Common Tragedies

Thoughts on Environmental Economics

The Onion does Offsets

Posted by jab12004 on April 21, 2009

Yep, that sounds about right

carbon_redo2

Thanks Rich

5 Responses to “The Onion does Offsets”

  1. Carlos Ferreira said

    OK, that was funny – but slightly harsh. I agree much of the pitch in offsets nowadays is towards the clean conscience – it reminds me of nicotine patches… but there’s economic efficiency to take from it. Markets allow society to express its preferences, as long as the incentives are right.

  2. […] Sen. John McCain rails against the Obama cap-and-trade plan to auction off 100% of the permits, at Fox News, and the question of how to allocate the permits is vexing House Republicans. Not that it affects the impact on consumers, but never mind. Via Common Tragedies, the Onion explains exactly how carbon offsets will work. […]

  3. […] Sen. John McCain rails against the Obama cap-and-trade plan to auction off 100% of the permits, at Fox News, and the question of how to allocate the permits is vexing House Republicans. Not that it affects the impact on consumers, but never mind. Via Common Tragedies, the Onion explains exactly how carbon offsets will work. […]

  4. Don said

    Yeah — that’s about it. There’s too much fuzzy math and too many assumptions going on with the base calculations. Remember the BioSphere experiment? Best minds in the business; skyrocketing CO2 and ants took over the dome. We don’t really know enough about the real process, but we certainly can invent a market.

    A market which has an much to do with the real environment as Monopoly has to do with Wall Street.

  5. steve said

    Brilliant. You perfectly show what a scam offsets are and how it is really just about the money.

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