Foundation for Economic Education
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Carbon Neutrality May Not Be So Neutral
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“Moreover, while Dell is improving its energy efficiency, it is claiming carbon neutrality mostly by purchasing environmental “credits.” These are financial instruments that bankroll environmental improvements made by others, such as running wind turbines or planting forests. Dell reasons that these credits cancel out the bulk of its carbon footprint.” (Wall Street Journal [1], Tueday)
There’s a market for everything
FEE Timely Classic:
“Always Think of Incentives [2]” by Stephen Davies
Article printed from Foundation for Economic Education: http://www.fee.org
URL to article: http://www.fee.org/articles/carbon-neutral/
URLs in this post:
[1] Wall Street Journal: http://online.wsj.com/article/SB123059880241541259.html
[2] Always Think of Incentives: http://www.thefreemanonline.org/columns/our-economic-past-always-think-of-incentives/
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