Climate Progress to Testify on Offsets Wednesday

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"Climate Progress to Testify on Offsets Wednesday"

Here’s the Press Release from the House Select Committee on Energy Independence and Global Warming:

Carbon Offsets: Keeping Faith with Climate-conscious Consumers;
Select Committee to Examine Promise, Challenges of Offset Market

(Washington, DC) – Eager to be part of the solution to global warming, many consumers, businesses and government agencies have turned to carbon pollution offsets to help reduce or eliminate their “carbon footprint.” While these offsets represent a promising way to engage consumers in global warming solutions, there are many unanswered questions as to the efficacy and accounting of these unregulated commodities.

On Wednesday, the Select Committee … will hold a hearing examining carbon offsets. Chairman Edward Markey (D-MA) will combine his extensive experience in consumer protection to explore the issues of transparency, effectiveness and other necessary questions to ensure carbon offsets can be a responsible way to address global warming on a consumer-based level.

WHAT: Hearing: “Voluntary Carbon offsets–Getting What You Pay For”

WHERE: 2318 Rayburn House Office Building and on the web at globalwarming.house.gov

WHEN: Wednesday, July 18, 9:30 AM

WHO: Derik Broekhoff, Senior Associate, World Resources Institute

Joseph Romm, Senior Fellow, Center for American Progress

Thomas Boucher, President and CEO, NativeEnergy LLC

Russ George, President and CEO, Planktos, Inc.

Eric Blatchford, CEO, TerraPass

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