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chapter 25
Does the World Need a Cap?
The Intergovernmental Panel on Climate Change says we must reduce carbon emissions 80 percent by 2050.
—Environmental urban legend
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Importance: Most environmentalists say caps are essential to give them control. But the control is illusory and the bickering over caps is detrimental.
• National caps are actually not caps—trading allows going over or under.
• National caps are "grandfathered" allocations of free, but valuable, permits.
• This is why countries will always fight over them.
• The world cap is the sum of all that national caps—and will need to change.
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http://stoft.com/p/92.html | 03/10/10 03:31 GMT
Modified: Mon, 05 Jan 2009 04:45:42 GMT
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Amazon
China and India have nixed caps. Without these caps, Kyoto fails. What can be done?
Carbonomics explains "wrecking" the economy, "peak oil," caps, carbon taxes, and Kyoto.
About Carbonomics.
Get discount.
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