carbon credits

The Profitable Side of Going Green

Mother Earth is getting a little bit of relief as more companies yield to pressure from environmentalists and activist shareholders to reduce their carbon footprints. But Gaia isn't the only one who's benefiting: Just ask some of the companies that have saved serious greenbacks by going green.

Carbon Credit Scam? U.N. Board Investigates Dubious Greenhouse-Gas Offsets

Carbon offsets are meant to reward companies for cutting their emission of greenhouse gases. But environmentalists claim that some companies are producing extra emissions in order to get paid for destroying it. A U.N. board has halted credits for the projects in question while it investigates.