2008-08-25
British Study Finds Carbon Offsetting Suffering 'Crisis of Legitimacy'. By Cahal Milmo, London Independent, August 25, 2008. "Britain's booming carbon offset industry is riddled with inconsistencies and clashes of interest that have caused a 'crisis of legitimacy' which threatens to dissuade consumers from [trying to reduce] their [carbon footprint], leading academics claim today... An authoritative study by Omega, a coalition of experts on aviation and the environment based at leading British universities, found the potential [environmental] benefits of offsetting... were being undermined by a failure to produce uniform prices, and difficulties with proving how much CO2 is saved by [offsetting] schemes in developing countries... [For example,] the cost of offsetting a flight from London Heathrow to Paris Charles de Gaulle varies from 31p to £12.95, while a return trip from London to Sydney ranges from £15 to £78... The worldwide market grew from £60m in 2006 to £165.5m in 2007, with the UK industry worth in excess of £50m... Researchers said there was an urgent need for a single 'carbon calculator'."

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