Sunday October 29, 2006
Schemes that calculate your CO2 emissions so you can pay into green projects may not always do what they claim, writes Jessica Bown
COMPANIES are capitalising on consumers’ guilt about climate change with schemes that offer to offset your carbon emissions, but experts say there are better ways to go green — and save money in the process.
Carbon offsetting, where you put a small amount of money towards environmental projects to offset your carbon emissions, has become big business, worth an estimated £60m a year, compared with £20m in 2005.
Firms such as BP, Shell, British Airways and Land Rover all offer websites that calculate how much carbon your activities emit and then tell you how much you should contribute to green-energy projects. However, these schemes are unregulated, so consumers have little comeback if the money is not used in the way they hoped and a sizeable chunk of any donation goes towards their overheads. read more
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