Bull Market in Environmental Guilt

“This is strange territory. The Dow is down. Wall Street needs a bailout. But in the Washington area and across the country, there is still a bull market in environmental guilt.  Sales of carbon offsets — whose buyers pay hard cash to make amends for their sins against the climate — are up. Still. In some cases, the prices have actually been climbing.  In other words, when nearly everything seems to be selling for less, thousands of individuals and businesses are paying more for nothing, or at least nothing tangible.”  Read more here.