[Terrapreta] Fwd: Fwd: Global Carbon Cycle

lou gold lou.gold at gmail.com
Tue Jun 5 23:45:54 CDT 2007


Countries are better off managing their own carbon to live within their
> (our) environmental means.
>

Hi Tom,

I think the point is that the developed world did not do this. It simply
exploited its own treasure and "protected" remnants as it transferred costs
to distant places and to future generations. This is the well-established
model of development and economic growth. Now it seems that the developed
world needs to scale back its consumption and the developing world needs to
be given incentives to NOT follow in our footsteps. Having the high
development world use some of its expendable resources to pay for right
action in the developing world is one way to achieve this.

But yes there are politically distorted programs that actually line pockets
rather than achieve environmental results. The idea would be to fund results
rather than intentions. I think that carbon credits is a scheme intended to
do this but I'm also sure that many of the kinks have not been worked out.
Indeed, that's a process as in any other kind of market.

lou
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