Whoa! Hold on here. Who has issued carbon credits to trade? No one. These are created when the government sets emission standards and work this way: Suppose you own a business and emit 100 tons of carbon dioxide annually. The government gives you 95 carbon credits good for emitting 95 tons. You work hard to reduce your "carbon footprint" and as luck would have it only release 85 tons that year. You now have 10 carbon credits. You can use them next year or you can sell them. The point is this:
There are no carbon credits to buy until the government sets emission limits, which it has not yet done. So, if Al Gore's people rationalize his glutinous carbon footprint behavior by saying he's purchased "carbon offsets" they are committing a fraud upon your intelligence. There is no such thing in this country as a "carbon credit or carbon offset" that is not at this time part of the speaker's imagination.
2007-03-09 11:09:53
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answer #1
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answered by Flyboy 6
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True TRUE reduction will only come from new technologies, like solar or fusion or whatever. Rationing will just ruin the world economy. Trading credits MIGHT put money in the hands of people in a position to develop those new technologies, but if you really believe that I have some Enron stock to sell you!
2007-03-09 11:05:22
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answer #2
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answered by campbelp2002 7
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on an identical time as the technological know-how of AGW is amazingly specific, the obtainable strategies to the undertaking are open for debate. Cap and commerce is common by using industry precisely simply by fact it somewhat is open to fraud, manipulation and political interference. The Hungarians at the instant are not outstanding and have been given caught. Odds on that Goldman Sachs is knee deep in CER fraud as they have been interior the U. S. banking meltdown and the Greek debt disaster. they simply have not been caught yet. A in the present day carbon tax on fossil fuels paid by using the customary manufacturers could be plenty much less annoying to enforce and make sure and can direct the industry to discover decrease emission techniques of doing corporation. Edit: specific that the earth is warming and particularly brought about by using anthropogenic impacts. the variety of warming is probabilistic, yet an increasing form of constrained by using new evidence. As for the proposed measures, I agree cap and commerce is a foul concept, yet greater effective than not something in any respect. advise something greater effective and that i may help it. Your proposals to facilitate nuclear, wind and electric powered motor vehicle technologies are all smart and can have my help.
2016-10-17 23:52:27
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answer #3
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answered by console 4
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It's not a fraud, it's an admittedly slow start, buta start nonetheless. It gives a reasonable incentive for people to start upgrading their plants, and it rewards those who go above and beyond what is necessary.
2007-03-09 10:09:31
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answer #4
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answered by Anonymous
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I wish u would quit using Gore's fossil fuel.
2007-03-09 11:21:13
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answer #5
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answered by JOHNNIE B 7
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Agreed. A political gesture, and a way of raising even more taxes.
2007-03-09 09:55:24
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answer #6
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answered by Anonymous
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if companies have cash incentive they may change to cleaner fuels, which can save them even more money...
2007-03-09 10:51:57
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answer #7
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answered by Thinker Paul 3
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