Articles by Adam Stein

Highlights from a report on the state of the U.S. carbon market

Yesterday morning I attended a "special presentation" of the carbon market survey David summarized earlier. The panel discussion was a chance for the report's authors to present the findings to industry participants. A couple of further comments, for those interested in this topic:

Measure, monitor, reduce, offset

Haven't had enough on offsets yet? Good. Romm's zeroth rule of carbon offsets is that you should "do everything reasonably possible to reduce your own emissions" before buying offsets. At first blush, this reads like a memo from Obviousland, a staunch statement in favor of apple pie. Pretty much every marketer of carbon offsets heavily stresses that offset purchases should go hand-in-hand with serious attempts at conservation, and I certainly agree.

So far, so good. But the rest of the post serves as a lesson in what can happen when common sense hardens into ideology. After making a bunch of points about how the worst thing you can do is actually feel good about purchasing offsets, Romm offers up Exhibit A of the wrong way to go about buying offsets: Google.

Trees are good for a lot of things; carbon offsetting isn’t one of them

The first rule of offsets, according to Joseph Romm, is "no trees." This is a pretty good rule, as these thing go. The TerraPass offset portfolio contains no tree-planting projects, despite the fact that most consumers love trees and the fact that tree-planting projects are typically cheaper than offsets from renewable energy projects.

So if trees are both consumer-friendly and cost-effective, why avoid them? There are lots of reasons, and Romm chooses to focus on one of the more minor ones: a recent study suggesting that trees outside of tropical zones actually cause a net increase in global warming by absorbing sunlight.

Carbon offsets are tricky business

Joseph Romm has been running a series of "rules of the road for carbon offsets" on these pages. This is a worthwhile endeavor, and as good of an excuse as any for me to provide some shade and color to the frequently misconceived debate over offsets. Although I mostly agree with Romm's conclusions, I don't think he chose the best route to reach them.

My intent is not to rebut Romm's proposed rules -- again, I (mostly) agree with all of the guidelines posted so far, even if they do contain some important errors of fact and emphasis. And more generally, I strongly support efforts to arm individuals with more information about offset quality.

But the rules are framed a bit oddly, offered up as some sort of counterpoint to a lawless industry peddling easy environmental solutions to polluters run amok. The first post announces an "aim to pick a fight with those overhyping offsets."