posted on Nov, 20 2012 @ 02:11 PM
Struggling... to ... keep... cynicism... in check!!!
In this thread, we may see those who wish to assert that carbon-trading is a racket, that carbon-trading is a surrogate revenue stream to replace
dwindling debt, but the 'marketed' answer ... the one that our "political" so-called leaders have adopted is more along these lines...
"...a market-based tool to limit green house gases. The carbon market trades emissions under cap-and-trade schemes or with credits that pay for or
offset green house gas reductions...."
Most here may know, and perhaps discuss the mechanics of the trading scheme; and of course the 'goal' would be "to reduce climate-changing emissions.'
But our leaders seem enamored of the idea that "trading" implies.
It starts by giving away "free credits" to producers - as they did in Europe... but this article declares the wondrous future carbon trading has for
The first carbon market was the European Union's Emissions Trading System (ETS), set up as a result of the Kyoto protocol. Richard Newell and
colleagues at Duke University in Durham, North Carolina, calculate that European emissions fell by 2 to 5 per cent between 2005 and 2007 thanks to the
ETS. Since then, however, the system has struggled, partly because firms were handed too many permits for free.
What the author of the article leaves out is that the market fell to 30% by October of 2012.
The fault? "Free credits." Who knew? Every dissenter from the beginning of this "commerce-driven" global legislation.
Industrial producers demand entitlement to compensation to curtail their environmental exploitation.... and it appears our "political" so-called
"leaders" don't dare reject the demand....
And the ultimate agenda is know coalesced into the forefront...
The system will work better if markets link up to trade internationally - greater competition for permits should add to the incentive to cut
emissions. The first such link will be between the ETS and Australia's new trading system, after it launches in 2015. "Linking is the holy grail,"
From the beginning this was another global revenue redistribution strategy. I'm sure we will be seeing and hearing much more about the "promising"
nature of carbon trading... and perhaps they will make it 'personal to the global citizen' by creating a blanket cost for living in carbon credits....
Think that might be an extremely unlikely thing? I hope you are correct.
(visit the link for the full news article)
edit on 20-11-2012 by Maxmars because: (no reason given)