Green Options

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I remember vividly the sight of my dad running for cover, making slow groaning sounds, thrashing wildly at the air like some madman from a B-movie.

I was a mere toddler, blanket in one hand, thumb in mouth (think Linus) - wondering what all the fuss was about.

It was dusk and the bats were out, darting this way and that, catching insects as the summer’s sun slid from view, leaving that beautiful blue light before darkness descends.

I shrugged in an awfully precocious manner, looked at mummy, then turned my eyes back to the bats.

And today, Defra (the UK’s Department for Environment, Food And Rural Affairs) have announced that bats are to be used to help measure the biodiversity of the UK.

Companies involved in offsetting their carbon footprint have access to over twenty tools to calculate their emissions, most of which have been launched in the last year. So far, the voluntary carbon offsetting market is dominated by European players. Reviews of their efforts have not been all too positive, so US companies following in their footsteps do best to avoid the pitfalls.

The main criticism centers on what’s left out of the equation. Companies embarking on greening up their business practices are faced with a daunting task and most go about it the “easy way” at first. There’s the option to simply offset carbons on the Chicago Climate Exchange, the European Climate Exchange or on the newly established NYMEX venture, the Green Exchange. Businesses have access to these exchanges if they wish to reduce their overall greenhouse gas emissions by as little as 1%.