The debate about carbon offsets rages on: Are they a true solution to encourage investment in clean, renewable energy and offset dirty fossil fuels? Or are they indulgences of the privileged that allow us to keep on with our polluting ways and a clear conscience?

TerraPass is a popular, for-profit seller of carbon offsets. They’ve leapt into the limelight with strategic partnerships like the one at Expedia.com, which allows customers booking travel reservations to also purchase carbon offsets to cancel out their transportation emissions. But this popularity has also made TerraPass a frequent target of carbon offset skeptics who argue that their customers use them for nothing more than a sort of "get out of polluting free" card.

So the company decided to take a close look at its customer base itself, and just completed a survey that examined customer behaviors and attitudes towards energy. Among the results, the company found the "indulgence factor" to be untrue among their customers.

While Terra Pass customers are buying carbon offsets to counteract their unavoidable dirty activities like driving a car, they are balancing it with other direct action and changes to their own lives. In general, they are doing much more than the average person is to make their lives clean and efficient, and carbon offsets are a component of that. For example, 64 percent have installed compact fluorescent light bulbs (personally, I think CFLs should be a requirement before you’re even allowed to buy offsets), 26 percent take public transportation to work, 6 percent have solar panels, 50 percent have contacted their elected official about global warming, and 69 percent contribute to "green" organizations.

Are offsets a "get out of polluting free" card? Not always. But whether you decide to purchase offsets yourself, first take a hard look at the immediate changes you can make to your own life. Energy efficiency measures are often the cheapest, fastest, and easiest way to shrink your own carbon footprint.

Los Angeles Times
TerraPass

Also on GO:

The Green Options Interview: Erik Blachford, CEO of Terrapass

A joint goal among eight western U.S. states and Canadian provinces was formalized this week when the Western Climate Initiative (WCI) announced a goal to cut global warming emissions by 15 percent below 2005 levels by 2020.

The goal is the cumulative total of individual reductions goals for each state and province: for example, Washington has a more ambitious goal of reducing levels of the gases to 1990 levels by 2020.

California, Washington, Arizona, New Mexico, Oregon, Utah, Manitoba, and British Columbia have agreed to the cuts, which were conceptualized in February as a “Memorandum of Understanding” between five of the states.

The next step is for the WCI to propose a regional carbon emissions trading system with a year, complementing California’s Global Warming Solutions Act that calls for a cap-and-trade system of global warming pollution. Each state will determine its own method for cutting emissions; the agreement doesn’t require any states or provinces to do anything to which they aren’t already committed.

Janice Adair, Washington state’s representative to the WCI, doesn’t anticipate easy negotiations when eight entities come together to set up a market-based system for trading carbon credits: "How we do all that and come to the table — eight very different (states and provinces) — and try to negotiate the best deal we can, and not have anyone go away feeling they got rolled, is going to be very difficult.”

California Governor Arnold Schwarzenegger had a brighter outlook: "Our collective commitment will build a successful regional system to be linked with other regional efforts across the nation and eventually the world.”

Other states like Colorado, Kansas, Nevada, and Wyoming are closely watching the proceedings, as are Ontario and Quebec in Canada and Sonora in Mexico. The potential – or at least the serious interest – is there for other states to get involved in a regional emissions compact and carbon trading agreement. With meaningful energy legislation not coming fast enough from federal governments, states and provinces are reaching across borders to make the real change we need on this side of the world.

Seattle Post-Intelligencer
Yuba Net

They may not have been rocking out at Live Earth, but business leaders from 150 companies around the world – including 30 Fortune Global 500 ones - have called for action on global warming.

The leaders signed a declaration at the United Nations Global Compact Leaders Summit, committing themselves to cutting carbon dioxide (CO2) emissions from their products and services and to report annually on their progress. They also called on governments to agree as soon as possible on measures to secure climate market mechanisms for after 2012, when the Kyoto Protocol expires.

But don’t presume that global warming is necessarily seen as a threat to businesses. On the contrary, many view the problem as an enormous opportunity for innovation, profits, as well as saving the planet and its people. So noted the executive director of the UN Environment Program, Achim Steiner:

"In terms of global warming and climate change, the key to rapid progress is in part premised upon getting markets and, by implication, businesses to become not skeptics and doubters and therefore brakes on progress, but rather catalysts, innovators and multipliers for a transition to a more energy efficient economy.”

Companies aren’t about to go gangbusters on energy innovation and carbon-cutting technology without some stable rules and policies, however. Mindy S. Lubber is the president of Ceres, a coalition of investors and environmental groups that work with companies to address issues like global warming. She explained on WorldChanging.com:

“…investors tend to weight their equity portfolios towards companies focused on succeeding in stable and predictable markets, not on those gambling on doubtful, uncertain regulatory landscapes. The current lack of a coherent, comprehensive U.S. strategy for addressing climate change is hindering the ability of American businesses to invest and innovate…And that means we need – some businesses will argue, they crave – a national climate change policy with specific, mandatory limits on carbon emissions.”

Many companies around the globe have begun to tackle global warming but can and want to do more. Although each of us can screw in a CFL bulb or drive a fuel-efficient car, we will see the swiftest action on global warming when government sets the rules of the CO2 market and businesses - and their consumers - fully take advantage of those opportunities.

CSR Wire
Voice of America
WorldChanging.com