Dave Morris summary on problems with carbon trading 0

Dave Morris: "Problems with Carbon Trading."

An outline of his argument:

  1. Buying offsets encourages complacency.
  2. Carbon trading is inherently susceptible to fraud and manipulation.
  3. Carbon trading encourages cheating and rewards low-cost cosmetic changes while undermining higher cost innovation.
  4. Carbon trading separates authority and responsibility, undermining coherent, holistic, community-based efforts.
  5. We have alternatives -- carbon taxes, and caps without trading.

Read the whole thing.

Gar Lipow, a long time environmental activist and journalist with a strong technical background has spent years immersed in the subject of efficiency and renewable energy. He has written extensively on the economics of solving the global warming, and why pricing externalities (though important) cannot be the main driver of such solutions.

His on-line reference book compiling information on technology available today, “No Hair Shirt Solutions to Global Warming”, is available at http://www.nohairshirts.com.

His articles on the economics and politics of solving the climate crisis have been published in Z magazine and a number of small journals.

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