http://america.aljazeera.com/articles/2015/8/25/european-climate-credits-fail.html
"A United Nations-backed carbon-trading scheme in Europe, originally meant to combat global warming, has instead resulted in the release of more than half a billion additional tons of greenhouse gases, according to a new report. The Stockholm Environment Institute (SEI) report released Monday found significant problems with the efficacy of carbon offsets. The researchers found issues with 75 percent of 872 million offsets, and point to a lack of oversight as the main problem. “We know what rules are needed and then we need the political will to implement them,” Anja Kollmuss, one of the authors of the study, told Al Jazeera. “And so far this has been lacking.” The Joint Implementation (JI) carbon-trading scheme, established under the Kyoto Protocol, may have “seriously undermined global climate action,” researchers said. Faults in JI have released 600 million tons of carbon dioxide more than if the scheme wasn’t in place, the report said." GR - Guess the Pope was at least partially right - carbon trading systems are not only "a ploy which permits maintaining the excessive consumption of some countries and sectors", but poorly regulated markets can be taken advantage of. Now what? Get the Pope's blessing to use CDR to retrieve those and other unholy emissions from the sky (and ocean)? -- You received this message because you are subscribed to the Google Groups "geoengineering" group. To unsubscribe from this group and stop receiving emails from it, send an email to [email protected]. To post to this group, send email to [email protected]. Visit this group at http://groups.google.com/group/geoengineering. For more options, visit https://groups.google.com/d/optout.
