Word: riches
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...other words, the rich reduce their carbon output by not one ounce. But drawing on the hundreds of millions of net worth in the Kodak Theatre, they pull out lunch money to buy ecological indulgences. The last time the selling of pardons was prevalent--in a predecessor religion to environmentalism called Christianity--Martin Luther lost his temper and launched the Reformation...
...very few of the very rich have some awareness of the emptiness--if not the medieval corruption--of ransoming one's sins. Sergey Brin, zillionaire founder of Google, buys carbon credits to offset the ghastly amount of carbon dioxide emitted by Google's private Boeing 767 but confesses he's not sure if it really does anything...
Second, it is a way for the rich to export the real costs and sacrifices of pollution control to the poorer segments of humanity in the Third World. (Apparently, Hollywood's plan is to make up for that by adopting every last one of their children.) For example, GreenSeat, a Dutch carbon-trading outfit, buys offsets from a foundation that plants trees in Uganda's Mount Elgon National Park to soak up the carbon emissions of its rich Western patrons. Small problem: expanding the park encroaches on land traditionally used by local farmers. As a result, reports the New York...
...dirty coal plant in China. But China is adding a new coal plant every week. You could build a particularly dirty "uncapped" power plant, then sell hundreds of millions in carbon credits to reduce it to a normal rate of pollution. The result? The polluter gets very rich. The planet continues to cook. And the Gores of the world can feel virtuous as they burn up the local power grid...
...Since L. Paul Bremer handed over authority, the Iraqi government has done a terrible job of, well, governing. The thin bench of Iraqi politicians is made up mostly of rich exiles like the Pentagon-backed Ahmed Chalabi, Iran-funded Islamists and, well, just straight up crooks. There has yet to emerge an Iraqi prime minister who stayed in Iraq while Saddam was in power. First there was the U.S.-backed Ayad Allawi, who was widely perceived among Iraqis as a CIA patsy and whose defense minister oversaw the disappearance of more than $1 billion during his eight-month tenure. Then...