Archive for November, 2006

Carbon Trading

Friday, November 17th, 2006

What are your thoughts on Carbon Emission Trading? I’m not well versed in this area, but I feel if there isn’t any concrete market-based incentives i.e., tax-reductions, development of revenue-streams, etc. then participation doesn’t seem desirable.  The carbon trading idea seems to be a great exercise in a framework designed around regulations i.e., Kyoto, as one would figure that paying to purchase emission credits merely adds to a company’s overhead expenses. Adding further substance, I feel that companies participating in carbon trading schemes seem to resemble a group of individuals passing around a ball, the analogy being that nothing is accomplished except that one company passes off its pollution burden to another.