Cheaper, More Credible Carbon "Offsetting" through Permits, Says Village Green
by April Streeter, Gothenburg, Sweden on 10.17.08

Instead of funding tree planting in Indonesia, wind farms in China or methane capture right here at home, S.F.-based Village Green (of "Green My Vino" fame) is trying a different route - selling directly to consumers permits from the fledgling carbon cap and trade market just starting up in the U.S. Northeastern states.
Buy a permit, rip it up
The Regional Greenhouse Gas Initiative (RGGI) makes power plants hold one permit for each ton of carbon they emit. If a TreeHugger buys that permit instead through Village Green (which admits it will take a 10% cut of the transaction), that's one less available for the power plant - and theoretically one less ton emitted. Thus Village Green "offsets" will cost, it says (depending on current RGGI prices at carbon auction) around $4 a ton. But carbon offsets and cheaper Renewable Energy Credits (RECs) both are getting a bum rap because of less-than-scrupulous management by some companies involved - why trust Village Green?

















One of the largest wind farms in development, onshore or offshore, the 1 gigawatt 



