Carbon offsetting

CNN Money reports that “Last year the worldwide market for such voluntary offsets reached $110 million, up 175 percent from 2005, according to ICF International, a Virginia consultancy that expects demand to grow to $40 billion by 2010. “It’s just the takeoff point of the market,” says Abyd Karmali, ICF’s managing director for Europe.”   However, the article goes on to look at the ‘darkside’ of carbon offsetting which has resulted in farmers being forced off of their land.  Read more here.

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