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Carbon offsetting - It's all about the money!

  • Broadcast in Environment
VNR with host Mike Cavalli

VNR with host Mike Cavalli

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Have you ever stopped for just one moment and wondered why it is everywhere we go in our daily lives  we read in the newspapers, on TV and radio, or the most popular setting for this scenario is airline websites about carbon footprints, greenhouse gases, carbon offsetting, carbon emissions?

In 2010, Carbon (Dioxide) trading became the fastest growing commodities market on earth, but unlike other commodities, you cannot see it, touch it, package it or display, it is an intangible asset which delivers nothing to nobody!

Research carried out by sceptre claims that the price of carbon is expected to double by 2013 and double again by 2020
 

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