Carbon Trading: A Good Idea?

From BBC News: "Carbon permits are issued to give firms a financial incentive to invest in clean technology and cut emissions. But the commission's report showed that states have issued too many permits."

This is just one of the flaws in what at first appears to be a great idea: Trading carbon quotas. In other words, a coal plant in Steeltown USA purchases "clean air" from a wheat farm in Iowa so the coal plant can continue to pollute the air.

All this does is rationalize continued pollution in a statistical heresy equivalent to the mile-wide lake with an average depth of 3 inches.

When you add in the EU problem of overdrawn permits, the process equally collapses.

The real solution: Everyone needs to start cleaning up. Now.

-- Paul Andrews, GreenforGood

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