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Reader Comments (Page 1 of 1)
4-08-2007 @ 9:13PM
Greg Haller said...
It's interesting to note that the term "carbon credits" were used on an idividual use basis. Originally, and still in use today, the "carbon credits" were created for the coal energy plants that couldn't afford, or chose not, to install emission scrubbers in their smokestacks, to eliminate, or at least, decrease their emmissions. Companies that had scrubbers installed, are allowed to sell those credits those power generating companies that couldn't or wouldnt install them, and couldn't burn low sulpher soft coal in their power plants. It also applied to those plants that had no scrubbers, but burn't a mix of soft and hard coal.
That so called solution to emmissions, was in my understanding, applied only to industries, even as wrong as it was. That individuals can also purchase those credits, tells me there is no reason for the EPA to exist anylonger, and perhaps it's time to eliminate them, and start over from scratch.
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