Category Archive 'Carbon Credits'

29 Sep 2011

Indulgences

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20 Apr 2009

Government About to Burn Your Money

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And you thought the federal government had already screwed up the economy. Just wait until the Obama administration and the democrat congress get to work on saving all of us carbon-based life forms from the most dreaded of all pollutants…. carbon!

Of course, the government can no more eliminate carbon emissions than the medieval church could eliminate sin, but the new cult of statism whose prophets are named Gore and Obama has every intention of taking a leaf from the pre-Reformation Roman Catholic Church and dealing with your environmental sins by selling you indulgences, as Peter Huber explains.

Like medieval priests, today’s carbon brokers will sell you an indulgence that forgives your carbon sins. It will run you about $500 for 5 tons of forgiveness—about how much the typical American needs every year. Or about $2,000 a year for a typical four-person household. Your broker will spend the money on such things as reducing methane emissions from hog farms in Brazil.

But if you really want to make a difference, you must send a check large enough to forgive the carbon emitted by four poor Brazilian households, too—because they’re not going to do it themselves. To cover all five households, then, send $4,000. And you probably forgot to send in a check last year, and you might forget again in the future, so you’d best make it an even $40,000, to take care of a decade right now. If you decline to write your own check while insisting that to save the world we must ditch the carbon, you are just burdening your already sooty soul with another ton of self-righteous hypocrisy. And you can’t possibly afford what it will cost to forgive that.


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