Sunday, March 22, 2009

Time for a grand bargain on climate change
Carbon cap and trade will have large energy users purchasing and trading carbon pollution allowances. They can also buy so-called carbon offsets, from activities like tree planting, from anywhere on the globe. Carbon cap and trade is complex, open to manipulation by traders, and subject to wild market swings which discourages investment in the renewables we need.

Most important, as the Kyoto protocol has shown, it just doesn't work to cut global net carbon emissions. It's too easy to game the system, for speculators to make money by manipulating offset markets, and to concoct unverifiable carbon offset schemes, or Madoff style scams, with the assistance of corruptible officials in poor and desperate nations.
---
Roy Morrison is director of the Office for Sustainability at Southern New Hampshire University.
Global Warming Website Aggregates Research from Top 100 Universities
Los Angeles, CA (PRWEB) March 22, 2009 -- Popular global warming website, ConsequencesOfGlobalWarming.com, has aggregated the research from the top 100 Universities and placed them in a centralized location on their website.

If one is eager to learn about the latest updates on global warming and its consequences on a handful of countries around the world, ConsequencesOfGlobalWarming.com (COGW) has been the website of choice.

No comments: