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Mayor Richard Daley promised long ago that his administration would start fighting global warming by buying 20 percent of its electricity from wind farms and other sources of green energy. But more than two years after the deadline he set, the city continues to get nearly all of its power from coal, natural gas and nuclear plants.
Chicago's Green Promise Fades
chicagotribune.com - 34 weeks ago - 337 views
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Story has interesting facts but fails to really make sense of the carbon credits issues. It suggests that carbon credits "may" be part of Obama's climate change plans, when in fact the "are" the entire plan. Cap-and-trade is carbon credits writ very large. It also moots this city's claims a bit, as every institution will soon be required to make similar pledges: reduce carbon footprint, or buy credits to offset the problem. Way to comply, guys.
Also, I think the critique of the credits the city is buying is failing to understand how a carbon market works -- by applying incentives toward green industries across the board (including existing ones, like the NC biomass plant) we nudge industry to invest and expand those industries, without heavy regulatory mandates. It's slow and difuse, but in many ways better and more permanent.
In other news, throwing some new windows into Chicago public schools would have a pretty immediate impact on the city gov's energy use, and would pay for themselves in the medium term.
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