Well, whata ya know....

Fraud in the "Carbon Credit" Business. WHO KNEW!!! I am shocked, just shocked!

Companies and individuals rushing to go green have been spending millions on “carbon credit” projects that yield few if any environmental benefits.
A Financial Times investigation has uncovered widespread failings in the new markets for greenhouse gases, suggesting some organisations are paying for emissions reductions that do not take place.

I'm just speechless.....yeah right. More Boob bait for the bubbas as we move headlong to attack the GlowBall Warming monster that we have dreamed up. So it should come as absolutely no surprise that the mythical solution to this non-problem is fraught with ....FRAUD! Where's P. T. Barnum when you need him? A Financial Times of London investigation found:

■ Widespread instances of people and organisations buying worthless credits that do not yield any reductions in carbon emissions.

■ Industrial companies profiting from doing very little – or from gaining carbon credits on the basis of efficiency gains from which they have already benefited substantially.
■ Brokers providing services of questionable or no value.
■ A shortage of verification, making it difficult for buyers to assess the true value of carbon credits.
■ Companies and individuals being charged over the odds for the private purchase of European Union carbon permits that have plummeted in value because they do not result in emissions cuts.

Francis Sullivan, environment adviser at HSBC, the UK’s biggest bank that went carbon-neutral in 2005, said he found “serious credibility concerns” in the offsetting market after evaluating it for several months.

So we have the Goreacle selling himself "Carbon Credits" so he can light up his Tennessee mansion like a carnival ride and now the industry at large is in doubt. Gosh!