PG&E green program helps preserve forests already saved by state taxpayers
By Susanne Rust
California’s largest utility company promises its customers green salvation through its ClimateSmart program.
For every bit of energy a PG&E ratepayer uses – turning on a vacuum cleaner, powering up a computer or heating up an oven – a little part of a tree or forest is saved to erase the carbon sins of the customer. The voluntary program costs ratepayers an average of $60 a year.
But the company isn’t telling its customers one crucial fact: Those forests were purchased years ago by a Virginia-based conservation group that used nearly $50 million in loans and grants from California taxpayers. That group, The Conservation Fund, then sold PG&E carbon credits on the land it had already purchased for preservation and selective logging.
Thousands of PG&E customers are effectively paying twice for the same Mendocino County forests. Continue reading