Can carbon trading work?

03/10/2009

These thoughts are motivated by the guest blog of a good friend in Australia in the Brisbane Courier Mail, Dave Sag on carbon trading.

Can money be better spent in Pakistan than Australia? In terms of CO2 reduction effect, most likely yes, due to wage & currency differences as well as the reality that cheap programmes can divert many more people easily from destroying forest than in a rich country (where such activities have more or less ceased). Will lack of education, corruption or politics derail such efforts… in some cases, almost certainly. That’s where oversight becomes important. Read the rest of this entry »


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