Sunday, April 30, 2006

What are green tags?

Green tags were invented by Enron to be able to sell wind energy twice. First the actual energy is sold, then the packaging. The purchaser of green tags is buying an empty box.

And wind power investors are laughing all the way to their offshore bank accounts (letting drop a few pieces of their folding money to keep the locals happy so they can wave it, along with the jumbo-jet-sized turbine blades, in the face of the newcomers).

Not surprisingly, there turns out to be greater demand for the box -- it is certainly more reliable and a lot prettier -- than for the energy itself.

And for those who must meet renewable energy obligations or portfolio standards, they can hide their pollution in the "green" box, and that's good enough for the government and even for many groups that call themselves environmentalist!

wind power, wind energy, environment, environmentalism, anarchism, anarchosyndicalism, ecoanarchism