Mar 1, 2007 6:21 pm US/Pacific
Carbon Credits All The Rage In Calif. Politics
CBS 5 Special Report: The
Other Green Card
Hank
Plante
Reporting
(CBS 5) SAN FRANCISCO Some of California's top politicians say
they are directly contributing to the fight against global warming even though
they're flying on private jets and driving gas-guzzling cars.
Carbon
credits are all the rage right now as politicians, celebrities and ordinary
folks donate money to trading companies -- who, in turn, invest that money in
renewable resources like wind farms.
Many of the carbon credit companies
are located in the Bay Area, including TerraPass, which buys carbon credits on
the Chicago Climate Exchange then helps fund renewable-energy
sources.
Former Vice President Al Gore purchased more than $14,000 in
carbon credits to equal his Tennessee home's power consumption last
year.
Assembly Speaker Fabian Nunez sent in a check for $136 after a
recent trip to Davos, Switzerland.
Sen. Dianne Feinstein and Gov. Arnold
Schwarzenegger are among those who are buying so-called carbon credits to offset
their high fuel habits.
Schwarzenegger, who lives in a Los Angeles
mansion travels mostly in a motorcade and always flies on a private
jet.
A one-hour private flight from Los Angeles to Sacramento put out
8,700 pounds of carbon dioxide into the air, about 20 times more carbon dioxide
than someone flying on a commercial aircraft on the same trip.
At a San
Francisco press conference Thursday, CBS 5 asked Schwarzenegger about his energy
use.
"We purchase carbon credits," Schwarzenegger said. "But I think the
best way of offsetting (carbon dioxide) really is to develop the technology that
we can fly planes that emit only half of the greenhouse gas emissions like
cars."
(© MMVII, CBS Broadcasting Inc. All Rights Reserved.)

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