Today’s Report on Business contains an op-ed by Gwyn Morgan, ex-chief of the oilsands giant EnCana, examining the business of carbon offsets. If you can believe it, he builds to the triumphant conclusion that they’re kind of like the indulgences sold by the medieval Catholic Church:
Those looking to buy forgiveness for their eco-sins might heed the words of Dennis Hayes, president of a U.S. based environmental foundation: “The worst of the carbon-offset programs resemble the Catholic Church’s sale of indulgences back before the Reformation. The whole game is in need of a modern Martin Luther.”
I’m not saying he’s wrong, at least where an awful lot of cheap-and-easy offset schemes are concerned. But this is, what, a two-year-old controversy? Couldn’t he have pushed this forward a bit more?