adam had a brief piece up on the carbon markets created by the instantiation of the Kyoto Protocols last week. I'd never heard of them, today FPIF published two papers, a review of the protocols (after the US, primarily, got done eviscerating them) and an article on carbon markets: apparently "virtually all of the emissions reductions required of industrialized nations can be achieved by trading carbon credits between nations, thus avoiding real reductions", and then it gets into the apparently rather poor record of the World Bank as an honest carbon broker. I imagine it would take a lot of us to assume responsibility for personal carbon emmissions via the carbonfund to actually become enough of a market maker to make a difference, but for those of us with a few extra dollars (carbon is pretty cheap) it would be worth a shot.
:: posted by buermann @ 2005-02-24 11:31:12 CST |
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