Climate Trust Audit 021009 1upWeb.cdr

Cascade PolicyOREGONInstituteMoney for Nothing:The Illusion ofCarbon OffsetsbyTodd WynnFebruary 2009About the AuthorTodd Wynn received his bachelor’s degree in Business Economics from California State University Long Beach and his masters in International and Developmental Economics from University of San Francisco. Mr. Wynn wishes to thank Dana Fortmiller, Elizabeth Harrison, and Vanessa Holguin for their help in research and Cascade Academic Advisor Michael Barton, Ph.D., President John A. Charles, Jr., and Policy Analyst Christina Martin for their review.About Cascade Policy InstituteFounded in 1991, Cascade Policy Institute is Oregon’s premier policy research center. Cascade’s mission is to explore and promote public policy alternatives that foster individual liberty, personal responsibility and economic opportunity. To that end, the Institute publishes policy studies, provides public speakers, organizes community forums and sponsors educational programs.Cascade Policy Institute is a tax-exempt educational organization as defined under IRS code 501(c)(3). Cascade neither solicits nor accepts government funding and is supported by individual, foundation and business contributions. Nothing appearing in this document is to be construed as necessarily representing the views of Cascade or its donors. The views expressed herein are the author’s own. Copyright 2009 by Cascade Policy Institute. All rights reserved. iIntroductionClimate ...