Steyn explains carbon offsets

Friday, March 9th, 2007 1:54 pm by Neal

Mark Steyn never fails to crack me up. His latest Sun-Times article has this hilarious explanation on how carbon offsets work in general and for Al Gore in particular.

How do “carbon offsets” work? Well, let’s say you’re a former vice president and you want to reduce your “carbon footprint,” but the gorgeous go-go Gore gals are using the hair dryer every night. So you go to a carbon-credits firm and pay some money and they’ll find a way of getting somebody on the other side of the planet to reduce his emissions and the net result will be “carbon neutral.” It’s like in Henry VIII’s day. He’d be planning a big ox roast and piling on the calories but he’d give a groat to a starving peasant to carry on starving for another day and the result would be calorie-neutral.

So in the Reverend Al’s case it doesn’t matter that he’s lit up like Times Square on V-E Day. Because he’s paid for his extravagant emissions. He has a carbon-offset trader in an environmentally friendly carbon-credits office suite who buys “carbon offsets” for Al from, say, a terrorist mastermind in a cave in the Pakistani tribal lands who’s dramatically reduced his energy usage mainly because every time he powers up his cell phone or laptop a light goes on in Washington and an unmanned drone starts heading his way. So, aside from a basic cable subscription to cheer himself up watching U.S. senators talking about “exit strategies” on CNN 24/7, the terrorist mastermind doesn’t deplete a lot of resources. Which means Tipper can watch Al give a speech on a widescreen plasma TV, where Al looks almost as wide as in life, and she doesn’t have to feel guilty because it all comes out . . . carbon-neutral!

And, in fact, in the Reverend Al’s case it’s even better than that. Al buys his carbon offsets from Generation Investment Management LLP, which is “an independent, private, owner-managed partnership established in 2004 and with offices in London and Washington, D.C.,” that, for a fee, will invest your money in “high-quality companies at attractive prices that will deliver superior long-term investment returns.” Generation is a tax-exempt U.S. 501(c)3. And who’s the chairman and founding partner? Al Gore.

So Al can buy his carbon offsets from himself. Better yet, he can buy them with the money he gets from his long-time relationship with Occidental Petroleum. See how easy it is to be carbon-neutral? All you have do is own a gazillion stocks in Big Oil, start an eco-stockbroking firm to make eco-friendly investments, use a small portion of your oil company’s profits to buy some tax-deductible carbon offsets from your own investment firm, and you too can save the planet while making money and leaving a carbon footprint roughly the size of Godzilla’s at the start of the movie when they’re all standing around in the little toe wondering what the strange depression in the landscape is.

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