You couldn't ask for a more illustrative Sign of the Times: rather than gift bags full of swag, this year's Oscar presenters will be getting ... carbon offsets.

Recently the IRS has cracked down on the notorious gift bags given out at awards shows. In some cases those bags contain up to $100K worth of free swag for celebrities. (And who needs free swag more than celebrities?) Partially in response, the Academy has decided to stop passing them out...