“Individuals and businesses who are feeding a $700 million global market in [carbon] offsets are often buying vague promises instead of the reductions in greenhouse gases they expect,” writes Doug Struck. “Carbon offsets are the environmental equivalent of financial derivatives: complex, unregulated, unchecked and—in many cases—not worth their price. And often, those who get the ‘green credits’ thinking their own carbon emissions have been offset, are fooled.”
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Environmental Placebos?
"Individuals and businesses who are feeding a $700 million global market in offsets are often buying vague promises instead of the reductions in greenhouse gases they expect," writes Doug Struck.
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George Raveling — the iconic leader who brought Michael Jordan to Nike — shares with Big Think a lifetime of priceless wisdom learned at the crossroads of sports and business.
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