What’s the colour of money? The green economy and its compromises
From www.thenational.ae:
The book goes into similar detail on carbon offsets. A factory operator in Europe could decide that, instead of cutting pollution at his plant, hell pay for a (cheaper) project that avoids pollution in a poorer country. Rogers traces several of these schemes and finds that this system is not exactly airtight. The band Coldplay, for instance, raised money to plant a grove of mango trees in Gudibanda, India, in order to offset the emissions from concerts. But many of the promised trees never arrived, while others died in a …
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