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Why is Wal-Mart lobbying against carbon-offset guidelines?

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(Read caption) The front of a Wal-Mart Store in Clearwater, Fla.

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Wal-Mart has been taking many major steps go green in recent years. The mega-retailer has taken steps to assess the carbon footprint of some of its products, and it has become the largest buyer of organic cotton and of locally grown produce. It has been pushing suppliers to reduce packaging and has even introduced biodegradable containers for some of its products. It has boosted the fuel-efficiency on its truck fleet, one of the world's largest, and has built super-energy-efficient stores. It has promoted sustainable fisheries and even tried to green its jewelry.

Most remarkably, in October 2005 the Wal-Mart's CEO, Lee Scott, announced that the company's goal is to transform itself into one that runs on 100 percent renewable energy and produces zero waste.

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