The idea of selling "offsets" for greenhouse-gas pollution seems to be losing some steam -- at least in the U.S. A recent media report said the demand for them is slackening, thanks to the economy, to the failed attempts at creating a sweeping international climate accord in Copenhagen, and to the gridlock on climate on Capitol Hill. Do you think offsets still ought to be part of wide-scale efforts to tackle climate change, either in the U.S. or around the world?
Washington Post Editor on March 18, 2010 11:10 PM
There is no doubt that demand for offsets is slipping as room within the EU Trading System for them is limited and uncertainly prevails over the future of cap-and-trade systems outside the EU. Falling prices means less project activity, bringing...