Points About The Emissions Trading Scheme!
09:03:42 PM - 2007-11-06
DISAGREEMENTS ON CARBON TRADING!
A few points about Emissions Trading Scheme (ETS).
The New Zealand Government is consulting now on the "core design details" of its emissions trading scheme but an indepth analysis of such schemes finds them "ineffective and unjust".
The book, Carbon Trading, a critical conversation on climate change, privatisation and power, published by Sweden's
Dag Hammarskjold Foundation, argues persuasively that carbon-trading schemes will only prolong the world's dependence on fossil fuels.
The authors agree the main cause of global warming is rapidly increasing carbon-dioxide emissions. But they say that instead of reducing the extraction of fossil fuels and encouraging the development of alternative energy and other solutions to global warming, carbon-trading policies will actually prolong the world's dependence on oil, coal and gas.
They argue in plain terms, the big polluters will continue to pollute while paying a "fine" in the form of carbon credits costs and the world's poor, mainly in the southern hemisphere countries, will see their land disappear under forests, planted to offset emissions.
Here is another theory the book argues, it is fool hardy for New Zealand to continue to release the remaining stores of carbon held in underground deposits of oil, coal and gas into a world already overburdened with carbon. Such vast stores built up over millions of years can never be recaptured on the surface within trees and soil.
So Disagreements on Carbon Trading continues, it would be off great value for anyone interested in this subject on Emissions Trading Scheme (ETS) to take a look at this and read for themselves, as this is a Worldwide Problem.
It is available online: http://www.thecornerhouse.org.uk/pdf/document/carbonDDlow.pdf
Elsie Hagley
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