Carbon Credits Scam-ometer Ratio: 0.30
I noticed when talking with people, regardless of political affinity, that they are innately skeptical of carbon credits/offsets and the whole carbon trading thing. It's as if there is something that makes the subconscious mind think, "this doesn't smell right". So off I went to devise a wholly unscientific measure of the public scam-mi-ness sentiment of carbon credits, using the Google search auto-completion mechanism.
The short of it is that I took the number of searches for "carbon credits scam" (390,000) divided by searches for "carbon credits" (1,280,000) and got 0.30. That's astounding! Carbon credits have a massive negative PR problem. In a future blog, I'll cover some reasons why.
Disclosure: no positions