Carbon Offset

Global Warming and What You Can Do About It

Sunday, June 11, 2006

Taking Action: Fight Global Warming

Stopglobalwarming.org has a very comprehensive list of steps you can take to reduce global warming. Some small changes can have surprising results, for example, did you know this:

"Replace 3 frequently used light bulbs with compact fluorescent bulbs. Save 300 lbs. of carbon dioxide and $60 per year."
Three hundred pounds? That would definitely hurt if it dropped on my foot!

Sunday, June 04, 2006

More than a third of US consumers looking for more fuel-efficient cars - Yahoo! News

Via Yahoo News: More than a third of US consumers looking for more fuel-efficient cars.

Consumers are responding to higher gas prices:

"High gas prices are not just an inconvenience anymore," Robert Gentile, director of Consumer Reports' Auto Prices Services said in a statement. "They are forcing people to reconsider what and how they drive, even the way they live their lives."
Many are considering alternative fuels:

Alternative fuels were also popular: 50 percent said they were considering buying a gasoline/electric hybrid vehicle while 38 percent said they were considering flexible-fuel or diesel vehicles.

Thursday, June 01, 2006

Insurance by the Mile: A Simple Way to Slow Global Warming?

In an article published today in Harper's Magazine, Dean Baker suggests having car owners insure their vehicles per mile driven. He thinks paying as you go, rather than a fixed cost per year will change the way people think about driving a car and thus alter their behavior. Dean Baker explains:

"[...] But there is one thing we could do now that would change how people consume gasoline. We could switch from the current way in which people pay for auto insurance to a pay-by-the-mile system. Such a switch might reduce annual gasoline consumption by as much as 10 percent, without raising the cost of insurance for an average driver. The key is to change the way that people view the cost of driving their car. "
He continues to explain the dollars and cents:

"This would change if drivers paid for insurance by the mile. Taking rough numbers, the average person drives her car around 10,000 miles a year and pays a bit less than $1,000 each year for insurance. This means that the cost of insurance is approximately 10 cents per mile. If for each mile they drive drivers paid 10 cents for insurance, then on average they would pay the same amount for insurance as they do now—but they would have much more incentive to cut back their driving.

So, for instance, a driver who was considering carpooling to avoid a 40-mile roundtrip commute to work could save herself $4 a day (more than $800 a year) in insurance costs by carpooling under the pay-by-the-mile system. Many trips that make sense under the current insurance payment system would not make sense with a pay-by-the-mile system. It would discourage driving in the same way that a large gas tax would discourage driving, except that—on average—no one will pay more for insurance."


I'd be interested in your comments on this idea.

Insurance by the Mile [Harper's Magazine, June 2006]

A Link for a Ton of Carbon Dioxide

According to a recent press release, Deepmarket.com, a stock research blog, pledged to offset a ton of carbon dioxide (CO2) for each link to their blog. So, here it goes:

Deepmarket.com.

Going Carbon Zero For A Year

After doing some research on carbon offsets and writing about them, I decided to go carbon zero for a year. I used carbonfund.org to purchase the carbon offset. I estimated how much I drive, how much air travel I do, and how much energy I use at home. Carbonfund.org has a nifty calculator on their web site to help you determine how many carbon offsets to buy. As I'm an apartment dweller, my home energy consumption is lower than that of most people who live in a house.

Carbonfund.org is a non profit 503c organization, so my donation is tax deductible in the US. However, carbonfund.org accepts donations from around the world. Also, the company I work for matches donations to charities, so in effect I doubled my carbon offsets!