Carbon trading: Why 'good' companies embrace 'bad' credits

Christian Science Monitor: Europe's carbon trading system was supposed to reduce greenhouse-gas emissions. But at least one of its methods for doing so may actually have increased those emissions. The scheme was dubious enough that the European Union (EU) banned it as part of the trading system, effective May 2013. But some of the world's largest energy and chemical companies, far from distancing themselves from the program, continue to use it to offset their emissions – or at least leave open the option of using it until...

URL: http://www.csmonitor.com/Business/2012/0423/Carbon-trading-Why-good-companies-embrace-bad-credits