{"id":1100,"date":"2007-05-04T18:55:53","date_gmt":"2007-05-05T01:55:53","guid":{"rendered":"http:\/\/capnbob.us\/blog\/2007\/05\/04\/dont-fall-for-that-old-redeye-mind-trick\/"},"modified":"2008-01-14T12:11:15","modified_gmt":"2008-01-14T20:11:15","slug":"dont-fall-for-that-old-redeye-mind-trick","status":"publish","type":"post","link":"http:\/\/capnbob.us\/blog\/2007\/05\/04\/dont-fall-for-that-old-redeye-mind-trick\/","title":{"rendered":"Don&#8217;t Fall For That Old &#8220;RedEye Mind Trick&#8221;"},"content":{"rendered":"<p><strong>Carbon Offsets<\/strong> are shaping up to be the new &#8220;<a href=\"http:\/\/en.wikipedia.org\/wiki\/Ponzi_scheme\">Ponzi Scheme<\/a>&#8221; in America where the first investors flourish and the last investors get conned out of their cash.<\/p>\n<p>From <a href=\"http:\/\/www.ft.com\/cms\/s\/48e334ce-f355-11db-9845-000b5df10621.html\">Financial Times<\/a> via <a href=\"http:\/\/hotair.com\/archives\/2007\/04\/26\/carbon-offsets-a-green-gold-rush\/\">Hot Air<\/a>.<\/p>\n<blockquote>\n<div class=\"right\"><script src=\"http:\/\/capnbob.us\/globalwarming\/stare.php\"><\/script><\/div>\n<p>Companies and individuals rushing to go green have been spending millions on &#8216;carbon credit&#8217;\u009d projects that yield few if any environmental benefits.<\/p>\n<p>A Financial Times investigation has uncovered widespread failings in the new markets for greenhouse gases, suggesting some organisations are paying for emissions reductions that do not take place.<\/p>\n<p>Others are meanwhile making big profits from carbon trading for very small expenditure and in some cases for clean-ups that they would have made anyway.<\/p>\n<p>The growing political salience of environmental politics has sparked a &#8216;green gold rush&#8217;, which has seen a dramatic expansion in the number of businesses offering both companies and individuals the chance to go &#8216;carbon neutral&#8217;\u009d, offsetting their own energy use by buying carbon credits that cancel out their contribution to global warming.<\/p>\n<\/blockquote>\n","protected":false},"excerpt":{"rendered":"<p>Carbon Offsets are shaping up to be the new &#8220;Ponzi Scheme&#8221; in America where the first investors flourish and the last investors get conned out of&#46;&#46;&#46;<\/p>\n","protected":false},"author":190,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[42,11,25],"tags":[],"class_list":["post-1100","post","type-post","status-publish","format-standard","hentry","category-global-warming","category-humor","category-whacko-politics"],"_links":{"self":[{"href":"http:\/\/capnbob.us\/blog\/wp-json\/wp\/v2\/posts\/1100","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/capnbob.us\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/capnbob.us\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/capnbob.us\/blog\/wp-json\/wp\/v2\/users\/190"}],"replies":[{"embeddable":true,"href":"http:\/\/capnbob.us\/blog\/wp-json\/wp\/v2\/comments?post=1100"}],"version-history":[{"count":0,"href":"http:\/\/capnbob.us\/blog\/wp-json\/wp\/v2\/posts\/1100\/revisions"}],"wp:attachment":[{"href":"http:\/\/capnbob.us\/blog\/wp-json\/wp\/v2\/media?parent=1100"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/capnbob.us\/blog\/wp-json\/wp\/v2\/categories?post=1100"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/capnbob.us\/blog\/wp-json\/wp\/v2\/tags?post=1100"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}