World Bank warns of 'failing' international carbon market | Environment | guardian.co.uk
The international market in carbon credits has suffered an almost total collapse, with only $1.5bn (£914,248) of credits traded last year - the lowest since the market opened in 2005, according to a report from the World Bank.World must face 'inconvenient truth' of emissions rise, says UN climate chief | Environment | guardian.co.uk
Sir David King, director of the Smith School of Enterprise at the University of Oxford and former chief scientific advisor to the UK government, said the emissions rise showed how developed countries had exported their greenhouse gases to the developing world.Global warming should be limited to 1.5C, UN climate [fraud] chief says | Environment | guardian.co.uk
Christiana Figueres, executive secretary of the UN Framework Convention on Climate Change, told an audience of carbon traders: "Two degrees is not enough – we should be thinking of 1.5C. If we are not headed to 1.5 we are in big, big trouble."
...
Figueres was speaking on Wednesday in Barcelona, at a Guardian-chaired conference at Carbon Expo, the annual conference of the International Emissions Trading Association.
Posts
2 comments:
"the emissions rise showed how developed countries had exported their greenhouse gases to the developing world."
The statement above in my opinion is just a way to twist the deindustrialization of the US into something else. The fact is, since Clinton and the Republican congress gave China PNTR in Oct of 2000, we've lost millions of jobs, mainly to China. This is an economic gutting of this country. To spin it as the exportation of GHG's is clever, but wrong.
Did anybody catch what the article titled "World Bank warns of 'failing' international carbon market | Environment | guardian.co.uk" says?
Here it is:
"The international market in carbon credits was brought about under the Kyoto protocol, as a way of injecting much-needed investment into low-carbon technology in the developing world."
Translation: It is a redistributionist scheme to transfer wealth from the North to the South.
Post a Comment