Emissions Trading: When Agendas Clash

During the UN Climate Change Conference (COP 15) in Copenhagen this week we have witnessed climate activists criticising carbon trading as the mechanism of choice for achieving emission reductions.   Such views are not uncommon and only last month Sarah Jayne-Clifton of the NGO Friends of the Earth published a report in which she launched a scathing attack on the carbon market claiming that “Carbon trading is failing dismally at reducing emissions!”   Similarly, Angie Viands of Rainforest Action Network claimed that “Carbon Trading...

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