Kerry-Lieberman adds some certainty on offsets

Overall, Kerry-Lieberman's language on offsets shows a willingness to make hard choices on offset regulatory mechanisms for political, market, and in some cases environmental benefits….  [O:]n the whole, the offsets provision provide a reliably cheaper way to GHG reduction, which will generally be legitimate environmentally….

One of the weakest features in both the House and Senate climate bills is the large quantity of offsets that polluters are allowed to buy in place of purchasing...