Don't buy the Kool-Aid from Al Gore's Kool-Aid stand and go, well, I guess that's how it's going to be.

How will we survive the coming shortage of imaginary virtue?

I'm Scott Ott with Bill Whittle and Stephen Green, and this episode of Right Angles brought to you by the members at Bill Whittle.com and gentlemen, this is the looming crisis. And I want to, first

of all, comfort our viewers that the crisis is not here yet, but it is coming soon. Right now,

we actually have a surplus of imaginary virtue. I'm sorry, my notes say carbon credits. We have a surplus

of carbon credits, some 750 million credits in surplus. And to give you

an idea of what that marketplace is like, last year, 156 million carbon credits were sold or purchased

by companies who are pumping carbon out into the atmosphere and can't restrain themselves.

So instead of actually stopping the carbon that they're pumping out into the atmosphere,

they buy carbon credits from other organizations or companies and basically say it is as if we

had reduced our carbon output into the, into the atmosphere,

because we bought these credits from somebody who was not pumping carbon into the atmosphere.

Stephen Green, this is quite a challenge because there's some nine billion tons of this

stuff being pumped out there from 900 companies around the United States.

And in the very near future, based on the reports of companies that have made pledges to

reduce their carbon output and the growing use of land for other purposes that make it not as

useful for absorbing carbon, Steve, where are we

going to find this imaginary virtue at a time when it's just all been used up? Or frankly, will

companies be able to afford these carbon credits as the cost goes up and up as the dearth of them becomes apparent.

Right now, I'm thinking of Willie Wonka singing Pure Imagination, and I'm just, I'm loving it.

I love that movie. I love Gene Wilder. I love the song. So thank you for that as kind of what we're dealing with here.

Actually, Scott, you gave me an idea.

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