Carbon Trading: Environmental Godsend or Giant Shell Game?

Mainstream financial institutions including Merrill Lynch, J.P. Morgan, Deutsche Bank, and Goldman Sachs are joining the booming carbon market, which continues even through the current economic jitters. According to the World Bank, global trades in this market in 2007 were valued at more than $64 billion, more than doubling since 2006. Full Story »

Posted by Dwight Rousu
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Member Tags: Carbon Trading, global climate change
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Posted by: Posted by Dwight Rousu - Dec 4, 2008 - 11:10 PM PST
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Edited by: Kaizar Campwala - Dec 5, 2008 - 7:39 AM PST

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4.1
by Derek Hawkins - Dec. 5, 2008

This was the kind of article on this topic I've been waiting to see. Discover does a fair examination of the benefits and problems of carbon trading, using a range of qualified sources to help move the story along. Impressive writing on a topic that tends to be oversimplified in media.

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4.3
by Kaizar Campwala - Dec. 5, 2008

An excellent look at the challenges and possible solutions to implementing an effective cap-and-trade system for greenhouse gases. Excellent, knowledgeable sources including academics and businessmen. I learned a lot about cap-and-trade that I was not aware of.

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3.9
by Dwight Rousu - Dec. 4, 2008

The article fairly clearly lays out some of the bothersome problems in the carbon trading game.

Lohmann points out that to show that an offset project does what it claims—actually reduce emissions—“you have to argue that there will be lower emissions than would ... More »

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4.2
by Margarita Persico - Dec. 5, 2008

This is a well-researched and concise article explaining the business of carbon trading. The context is clear and the message full of references. As a reader, I felt I could trust this article to a reasonable degree.

This “business” unmonitored sounds like another trading business, and that is perhaps why Josh Margolis the co CEO of CantorCO2e along with ... More »

Meanwhile, the carbon market keeps whirring, and Margolis keeps brokering—or, as he likes to put it, “making the world a better place, one deal at a time.” More »

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1.7
by George Blahusiak - Dec. 5, 2008

Doesn't address the problem, how will it actually reduce emissions. Because they cost more? All that will do is add to inflation.

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3.0
by Norman Rogers - Dec. 6, 2008

Of course the carbon trading business is a total scam.

Carbon trading is a disguised tax on oil and coal. If you believe in global warming and think reducing CO2 will fix it than it makes sense to ... More »

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  • U.S. report questions value of carbon-offset deals

    The GAO report said some carbon offset investments went toward projects that probably would have happened otherwise. A key tenet of emissions markets is that such offsets help ...
    Posted by Dwight Rousu
    3.9