Wednesday, June 08, 2011
In other news, who knew Australia had camels?
From FinancialTimes.com -- Killing a camel to earn a carbon credit may seem a curious way to tackle climate change, but one country is poised to allow investors to do precisely that.
The camel culling plan is one of the first to arise under the Australian government’s new “carbon farming initiative”, a scheme that lets farmers or investors claim carbon credits if they can show they have cut greenhouse gas emissions.
More than 1m camels are now believed to be roaming across the Australian outback – one of the biggest camel populations in the world – and each emits methane, a greenhouse gas significantly more potent than carbon dioxide.
If the camel herd needs to be culled, fine. But to pretend that you are doing something to curb global warming by awarding stupid carbon credits for killing a camel is utterly ridiculous.