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What Happens When You Buy Carbon Credits?  
User currently offlineJafa39 From , joined Dec 1969, posts, RR:
Posted (6 years 8 months 1 day 11 hours ago) and read 2346 times:

To get certified a business must measure its emissions, develop a plan to reduce them and purchase carbon credits to offset any remaining emissions.

Who gets the money and what is done with it???

38 replies: All unread, showing first 25:
 
User currently offlineAirfoilsguy From , joined Dec 1969, posts, RR:
Reply 1, posted (6 years 8 months 1 day 10 hours ago) and read 2335 times:



Quoting Jafa39 (Thread starter):
To get certified a business must measure its emissions, develop a plan to reduce them and purchase carbon credits to offset any remaining emissions.

That a new one to me. I have never heard of businesses having to buy carbon credits.


User currently offlineOly720man From United Kingdom, joined May 2004, 6737 posts, RR: 11
Reply 2, posted (6 years 8 months 1 day 10 hours ago) and read 2332 times:

One illustration....

http://www.carbonplanet.com/shop_purchase_faq

9.13 Where does my money go?

As at 31-May-2007, most of the money (57%) goes to an NGAC producer to purchase your NGAC carbon credits. A portion (4%) is consumed by credit card processing costs. A portion (9%) is consumed by the Australian Goods and Services Tax (GST). The rest (30%) goes to Carbon Planet and from this Carbon Planet must recover all its establishment costs and the ongoing expense of providing this convenient retail interface to you.



wheat and dairy can screw up your brain
User currently offlineMelpax From Australia, joined Apr 2005, 1621 posts, RR: 1
Reply 3, posted (6 years 8 months 1 day 10 hours ago) and read 2329 times:

Sounds like a scam to me.......


Essendon - Whatever it takes......
User currently offlineBill142 From Australia, joined Aug 2004, 8451 posts, RR: 8
Reply 4, posted (6 years 8 months 1 day 10 hours ago) and read 2326 times:



Quoting Melpax (Reply 3):
Sounds like a scam to me.......

Sure does. I think a donation to Landcare would do a better job then buying 'carbon credits'


User currently offlineKC135TopBoom From United States of America, joined Jan 2005, 12148 posts, RR: 51
Reply 5, posted (6 years 8 months 1 day 10 hours ago) and read 2319 times:



Quoting Oly720man (Reply 2):
Where does my money go?

See below.

Quoting Melpax (Reply 3):
Sounds like a scam to me.......

It is.

But, I think I'm going to open a carbon credit company. Send me money, and for every $100 US (one carbon credit), I'll go down to Home Depot and buy a tree to plant for you..

Do you think I can get Al Gore interested in buying some carbon credits?  cool 


User currently offlineA346Dude From Canada, joined Nov 2004, 1284 posts, RR: 7
Reply 6, posted (6 years 8 months 1 day 9 hours ago) and read 2314 times:



Quoting Jafa39 (Thread starter):
What Happens When You Buy Carbon Credits?

Nothing!



You know the gear is up and locked when it takes full throttle to taxi to the terminal.
User currently offlinePanHAM From Germany, joined May 2005, 9386 posts, RR: 29
Reply 7, posted (6 years 8 months 1 day 8 hours ago) and read 2296 times:



Quoting Jafa39 (Thread starter):

Who gets the money and what is done with it???

up the chimney

Quoting Melpax (Reply 3):
Sounds like a scam to m

it is a scam

Communism did not work. Fascism was a version of communism for the brainless, didn't work either-

Democracy does not secure power longer than the election period, it does not satisfy those who want power over people, dominate them with their ideology, so something new had to be invented. Call it eco fascism or whatever you want.

It is a scam as old as people, give the naive and the plain a bad conscience and show them a way how they can get absolution. Buy carbon crefits, certificates when travelling, put money into the basket, whatever.

Still works, not long, as usual people will get smart, but for the next couple of years it will. .



E's passed on! That parrot is no more! He has ceased to be! E's expired and gone to meet 'is maker!
User currently offlineSBBRTech From Brazil, joined Jul 2007, 722 posts, RR: 0
Reply 8, posted (6 years 8 months 1 day 7 hours ago) and read 2289 times:



Quoting Melpax (Reply 3):
Sounds like a scam to me.......

Scam of the (new) century.

Quoting KC135TopBoom (Reply 5):
Do you think I can get Al Gore interested in buying some carbon credits?

I guess you won't ´cos HE is selling them...

This is like some kind of cheap Herballife scam...but worse since you don't even get to lose any weight !



"I'm beginning to get the hang of this flying business" - C3PO
User currently offlineWingnut767 From , joined Dec 1969, posts, RR:
Reply 9, posted (6 years 8 months 1 day 7 hours ago) and read 2281 times:

Can you say scam. Al Gore defends his extraordinary personal energy usage by telling critics he maintains a "carbon neutral" lifestyle by buying "carbon offsets," but the company that receives his payments turns out to be partly owned and chaired by the former vice president himself. Generation Investment Management, a London-based company with offices in Washington, D.C., for which he serves as chairman. Generation Investment Management's U.S. branch is headed by a former Gore staffer and fund-raiser, Peter S. Knight, who once was the target of probes by the Federal Election Commission and the Department of Justice. Gore stands to make a lot of money from his promotion of the alleged "global warming" threat. In other words, he 'buys' his 'carbon offsets' from himself, through a transaction designed to boost his own investments and return a profit to himself.

User currently offlinePanHAM From Germany, joined May 2005, 9386 posts, RR: 29
Reply 10, posted (6 years 8 months 1 day 7 hours ago) and read 2276 times:



Quoting SBBRTech (Reply 8):


This is like some kind of cheap Herballife scam...but worse since you don't even get to lose any weight !

our all wallets do!

I kicked myself when I realized how much money can be made with this, just using the personal experience of the air business and sell carbon certificates to those travelling with a bad conscience. You can make a good lifestyle with this easily, even if you pass on 75% of the proceeds to some projects.

But, as can be seen, it helps a lot if you have been a big figure in politics before, it is much easier to sell the BS with a name.



E's passed on! That parrot is no more! He has ceased to be! E's expired and gone to meet 'is maker!
User currently offlineWingnut767 From , joined Dec 1969, posts, RR:
Reply 11, posted (6 years 8 months 1 day 7 hours ago) and read 2269 times:



Quoting PanHAM (Reply 10):
our all wallets do!

I kicked myself when I realized how much money can be made with this, just using the personal experience of the air business and sell carbon certificates to those travelling with a bad conscience

Throw this scam on top of what the UN will want to tax countries for their carbon output and all of our wallets will get a lot lighter


User currently offlineQueso From , joined Dec 1969, posts, RR:
Reply 12, posted (6 years 8 months 1 day 7 hours ago) and read 2267 times:

Can I also buy credits of other chemical elements? For instance, I'd like to buy some Titanium credits or maybe few Nitrogen credits just to keep things balanced.

I might like to buy some Lead credits to make boolits out of.

I would like to buy some Hydrogen credits but they'd probably all float away.

Would be government be pissed if I had some unregistered Uranium or Plutonium credits lying around?

Oh well, I'd be happy to take someone's Gold or Silver credits if they have any extras.


User currently offlineWingnut767 From , joined Dec 1969, posts, RR:
Reply 13, posted (6 years 8 months 1 day 7 hours ago) and read 2263 times:



Quoting Queso (Reply 12):
I'd like to buy some Titanium credits or maybe few Nitrogen credits just to keep things balanced.

Yes I should of purchased one after I bought my new Big Bertha titanium headed driver. Perhaps if I tip the caddy some more then that will be my credit.


User currently offlineYellowstone From United States of America, joined Aug 2006, 3071 posts, RR: 4
Reply 14, posted (6 years 8 months 1 day 6 hours ago) and read 2244 times:

For all your sarcasm, I don't see anything wrong with the notion that one should try to neutralize the carbon emissions one causes. For some people, this means buying and planting trees themselves. But many people lack either the time, money, or space to do this, so donating money to a charity that supports tree planting projects or research into carbon-reducing technologies is a perfectly good alternative. Now, from looking at Reply 3, I think that using 30% of the donations to support the non-profit organization and only 57% on the actual trees seems a bit odd, but I'm no expert on non-profits so I don't know what a "normal" ratio is. Nevertheless, that hardly qualifies as a scam. If you can show me evidence of a case where a group has sold carbon credits and misappropriated the money, then I will agree with you that that group was running a scam. Otherwise, it provides a convenient, quantifiable way for people to try to reduce their environmental footprint.

Now, there is a somewhat different form of carbon credit that could also be introduced, although I don't think it has been yet. The way these credits would work would be that the government would set emissions targets, some amount of CO2 release that balances economic progress with environmental concerns. The government then publishes carbon credits that add up to that amount and (at the start of the program) gives them for free to industries, most likely in proportion to their current carbon output. These carbon credits represent the right to emit a certain amount of CO2, and they are tradeable on some sort of "carbon credit market." Now, suppose I'm an industry that is emitting more CO2 than I have credits for. I can try to reduce my own emissions, but I also have the option of buying more credits from other industries, at a price set by supply and demand on an open market. Now someone else has to reduce emissions, but they can do it at a lower economic cost than I can. The net effect is that market forces will assign to each business the "correct" amount by which they should reduce carbon emissions to achieve a given target with the minimum economic cost. In the future, if the government wants to change the amount of carbon released, it can increase or decrease the credit supply.



Hydrogen is an odorless, colorless gas which, given enough time, turns into people.
User currently offlineJafa39 From , joined Dec 1969, posts, RR:
Reply 15, posted (6 years 8 months 1 day 1 hour ago) and read 2206 times:

Just as I thought....some bugger is getting rich on it. I think I will buy my own trees......

User currently offlineMaidensgator From United States of America, joined Jan 2007, 945 posts, RR: 0
Reply 16, posted (6 years 8 months 1 day 1 hour ago) and read 2201 times:



Quoting Jafa39 (Thread starter):
Who gets the money and what is done with it???

Some guy who laughs all the way to the bank....



The first thing we do, let's kill all the lawyers.
User currently offlineJetjack74 From United States of America, joined Jul 2003, 7410 posts, RR: 50
Reply 17, posted (6 years 8 months 1 day 1 hour ago) and read 2201 times:
Support Airliners.net - become a First Class Member!



Quoting Melpax (Reply 3):
Sounds like a scam to me.......

It is a scam. It allows a hyopcritical and ritual polluter to carry on with their merry ways and have someone allegedly "plant a tree" in your name(yeah right). The money goes nowhere except in the pockets on a laundering scheme shielded under the guise of some global warming prevention advocacy group, who in turn uses the money fund these meaningless conferences in which delagates fly to a tropical nation to discuss global warming and trash the 1st world nations while doing nothing to address the pollution carried out in the developing world governed by corrupt, dictatorial leaders.



Made from jets!
User currently offlineCarmenlu15 From Guatemala, joined Dec 2004, 4761 posts, RR: 30
Reply 18, posted (6 years 8 months 23 hours ago) and read 2183 times:



Quoting PanHAM (Reply 10):
I kicked myself when I realized how much money can be made with this, just using the personal experience of the air business and sell carbon certificates to those travelling with a bad conscience.

So I was quoting some tickets in the BA website and came up with this...

"Offset the carbon emissions for these flights
You can help minimise the impact of your flying by offsetting your carbon emissions. The total carbon emissions from your itinerary are 0.064 tonnes and the cost of offsetting your emissions is £ 0.90.

Your money will go towards UN certified emission reduction projects."

+ a link to add the carbon offset to the total cost of the ticket...  scratchchin 



Don't expect to see me around that much (if at all) -- the contact link should still work, though.
User currently offlineNWA742 From , joined Dec 1969, posts, RR:
Reply 19, posted (6 years 8 months 23 hours ago) and read 2179 times:



Quoting Jafa39 (Thread starter):
What Happens When You Buy Carbon Credits?

Well first it means that you've fallen for a blatant scam, and what happens next is that the earth is still going to continue to warm or cool as it pleases.




-NWA742


User currently offlineYellowstone From United States of America, joined Aug 2006, 3071 posts, RR: 4
Reply 20, posted (6 years 8 months 22 hours ago) and read 2175 times:



Quoting Jetjack74 (Reply 17):
The money goes nowhere except in the pockets on a laundering scheme shielded under the guise of some global warming prevention advocacy group, who in turn uses the money fund these meaningless conferences in which delagates fly to a tropical nation to discuss global warming and trash the 1st world nations while doing nothing to address the pollution carried out in the developing world governed by corrupt, dictatorial leaders.

Do you have any proof at all for this statement?



Hydrogen is an odorless, colorless gas which, given enough time, turns into people.
User currently onlineMaverickM11 From United States of America, joined Apr 2000, 17509 posts, RR: 45
Reply 21, posted (6 years 8 months 22 hours ago) and read 2165 times:



Quoting Jafa39 (Thread starter):
What Happens When You Buy Carbon Credits?

I look at you and say "Suckaaaaaaaaaa!"



E pur si muove -Galileo
User currently offlineJetjack74 From United States of America, joined Jul 2003, 7410 posts, RR: 50
Reply 22, posted (6 years 8 months 22 hours ago) and read 2158 times:
Support Airliners.net - become a First Class Member!



Quoting Yellowstone (Reply 20):
Do you have any proof at all for this statement?

Educated guess?



Made from jets!
User currently offlineYellowstone From United States of America, joined Aug 2006, 3071 posts, RR: 4
Reply 23, posted (6 years 8 months 21 hours ago) and read 2148 times:



Quoting Jetjack74 (Reply 22):
Educated guess?

Alright, give me other cases of environmental charities misusing funds.



Hydrogen is an odorless, colorless gas which, given enough time, turns into people.
User currently offlineJafa39 From , joined Dec 1969, posts, RR:
Reply 24, posted (6 years 8 months 17 hours ago) and read 2106 times:



Quoting Yellowstone (Reply 23):
Alright, give me other cases of environmental charities misusing funds.

How about you send us some pics of all the trees they have planted and some evidence as to the "carbon reducing technology" they are researching and investing in  Wink


25 NeilYYZ : I guess you can go to bed thinking you've done something good, or feeling like a sucker. Personally, I'd feel like a sucker.
26 767Lover : Of course not. However, the problem I have with the concept is this: Environmental "health" will require a change in lifestyle and mindset of the gen
27 Post contains images KC135TopBoom : Send me money!!!!!!!!!!! I'll plant trees!!!!!!!!!!!!!!!!!!!
28 AverageUser : If you live in certain parts of the world, you buy them whether you want or not: The European Union Emission Trading Scheme (EU ETS) is the largest mu
29 Queso : That's a good one! And it gives me an idea: It's time for A.netters who support the theory of man-made global warming to put their money where their
30 Post contains links Baroque : While you are all falling about laughing at scams, have I got a deal for you Queso. "Under the proposal submitted to the White House last week, power
31 Queso : Wow. Looks pretty serious.
32 Slider : Algore is public enemy #1 as far as I’m concerned. He incited mass hysteria and is the biggest huckster and charlatan of our time. His efforts at b
33 CaptOveur : I have 500 carbon credits that I will sell you you for $50. Hit my up on a private message for my paypal information.
34 Post contains images Slider : LMAO!! You're onto something now! Carbon credit RESALE market....this is totally untapped. I'm going to set up an eBay shop and rake in the dough! I
35 Post contains images KC135TopBoom : But, hey, give credit where credit is due. After all, AlGore did invent the internet.
36 Post contains images Baroque : It is a serious problem and considerable health effects are known to be associated with emissions from burning coal. There is quite a literature, mos
37 Dl757md : .....Why former Vice President of the United States and Nobel Laureate Al Gore does, of course!
38 Post contains links Baroque : Robert Finkelman http://www.military-medical-technology.com/article.cfm?DocID=1057 "Medical Geology "Iodine is an excellent example of the connection
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