Regulating Carbon Offsets

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Market Movers

by Ryan Avent

Main

Extra Credit, Wednesday Edition Trading Obama and Clinton, Redux

Jan 9 2008 9:00AM EST

Will the FTC get involved in auditing carbon-offset providers? Louise Story, in the NYT, hints that it might. The present situation is a mess, and it would be great if someone could come in and clean it up. But I have to say I have my reservations about the FTC being the right agency to do the job. If I had my druthers I'd probably give it to the World Bank.

For the time being, though, it's important not to let doubts about carbon-offset quality stop you from offsetting your carbon emissions. The offset might not be perfect, and there might be better alternatives out there. But something is better than nothing. Here's a good place to start.

(Via Smith)

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climate change

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