Of course the huge immediate and ongoing financial liability is only one part of this kyoto stupidity.
I seem to remember reading a number of articles about the portion of these carbon offsets are just payments to obvious scams and fronts.
I would imagine that the everyone in the UN is trying as hard and fast as they can to get their carbon offset scam business up and running so they can have their buddies funnel the easy cash to them.
This could quickly dwarf the oil-for-food scam that kofi was running. Algore will certainly be getting his cut of the top one way or another.
But I guess there will be one good aspect at least for tax havens, lots of newly minted billionaire UN secretaries and miscellaneous workers with boatloads on money to invest in tax havens.
