07 Apr '11, 1pm
Obama Rusurrects Carbon Offsets (Nobody Says Thanks)
"Consumer offset activity dropped off in late 2008 and 2009 for two main reasons, according to our periodic surveys. The first was financial [...] The second was the hope that the new Presidential administration, once it took office in 2009, would lead us swiftly and decidedly to a clean energy future, replete with rapidly declining greenhouse gas emissions. Today neither of those reasons appear as compelling as they once were. While there is still a long way to go in terms of economic recovery, many leading indicators such as job growth have been on the rise for several consecutive months or quarters. More importantly, with the "death of cap-and-trade" on a federal level in 2010, the U.S. government has little to show for its climate change policy objectives."