What is carbon trading? | CNBC International




By providing economic incentives within a market-based system, many believe that carbon trading is the most effective way to fight …


26 Comments

  1. Only governments could make a notion such as carbon offset credits so needlessly complicated. Just identify all of the criticisms and flaws and systematically eliminate them from the enabling legislation for Christ's sake. After thirty-five years in government/corporate relations, I can smell a rat. The big greenhouse gas emitters will keep emitting, and the governments will keep pushing back their "deadlines" past 2050 until they are inconsequential and of no threat to any emitter. Industry and government want to continue business as usual. When green consumers see the cost of decarbonization, they are also happy to buy conventional gas at less than $2/gallon. Nobody in government or industry carries any conviction. Just look at the cluster f%$K Zero Carbon Action Plan, Net Zero America or Legal Framework for Decarbonization if you want to see unfettered bureaucracy run wild over common sense and substance. A quick scan of any EU or US decarbonization planning documents would convince the softest-hearted socialist to become a rabid misanthrope.

  2. It starts with common sense. Turn the light off when you leave a room. Recycle metals. Use reusable bottles. Food shop at farmers markets. Compost your food waste. Use logistical common sense when you run errands to put less miles on your car.

  3. Carbon credits are going to be a mew form of corporation tax & force business abroad & cause unemployment in capital intensive industries (that employ mainly poor people)

  4. By providing economic incentives within a market-based system, many believe that carbon trading is the most effective way to fight climate change, but others argue that it will only delay society's transition away from fossil fuels. CNBC's Tom Chitty explains.

  5. So I can plant a bunch of trees and then sell credits? Please make a video on exactly how one can sell credits, like who determines that my trees are worth X$s of credit and what is the exchange I can sell it on ?

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