EBICO selling carbon credits

EBICO, the energy company whose stance on social justice is mentioned below (19/8/05) have now added an intriguing green aspect to their company profile. You can now buy Carbon Credits. These are tax-deductible charitable donations in which the money is invested in green projects. Large companies who cannot be bothered to reduce their own emissions buy these so that, in effect, they can have a stake in some genuinely environmentally-minded organisation’s attempts to reduce greenhouse gas emissions. EBICO has a calculator that helps you work out, based upon the number of kilowatt/hours of gas and electricity you use, what you would have to pay to offset the effects of this. The advantage is that there are only a limited number of carbon credits available so if you buy some then some other polluter has to get his house in order! It sounds like a nice idea, but you might do better by buying a solar panel…

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