The Problem With Carbon-Cutting Programs
Med-trump writes "Alberta's $60 million carbon-cutting program is failing, according to the latest report from the Canadian province's auditor-general, Merwan Saher. A news article in Nature adds: 'the province, despite earlier warnings, has not improved its regulatory structure — and calls the emissions estimates and the offsets themselves into question.'"
What? Do you really think the tarsands province has an interest in putting carbon emissions on its beloved oil? Or that the federal Conservative government of the corporate elite wants them to either?
It's not much of a surprise. Kyoto was designed (intentionally or not) as a subsidy that would allow business as usual while just writing a check to Eastern Europe. The baseline CO2 levels were set at 1990 levels, which was right before the collapse of the USSR and the resultant massive decrease in their CO2 output levels. (Likewise, our CO2 production has decreased since 2007 since our economy has tanked.)
The various carbon markets and carbon trading schemes have likewise been plagued with fraud. It comes as absolutely no surprise that Alberta's emissions trading scheme has run into identical problems.
While carbon trading schemes are admirable in their attempt to internalize external costs, in practice they're just not a very good idea.
Alberta is the home of the tar sands... the dirtiest source of petroleum. Do you actually think they are interested in cutting carbon emissions?
I don't read your sig. Why are you reading mine?
For those that don't bother to read TFA, the one-sentence summary is that "offsets", where rather than paying the tax companies pay for credits obtained for emission-cutting programs in agriculture or in developing countries, are often dubious because the "offsets" are not properly audited and often just pay for activities that would have occurred anyway without the subsidy This is relatively easy to fix. Just tighten up the rules on offsets. It doesn't damn emissions trading in general.
Any sufficiently advanced technology is indistinguishable from a rigged demo
--Andy Finkel (J. Klass?)