Carbon Credits: Modern Snake Oil?

Call me a country hick, but I have never understood the whole “carbon credits” thing. The industry has all the earmarks of an elaborate swindle, one that makes money by granting rich liberals the right to maintain their elegant lifestyle with a clean conscience. I don’t get it.

Apparently, investigators at the Financial Times don’t get it either. The article suggests the possibility that some of this unregulated business may not be entirely scrupulous.


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