The Myths and Pitfalls of Emissions Trading

This is a new blog that will attempt to unravel and demystify the world of emissions trading. The environment has become a seriously hot topic and there is no doubt that the next election will be fought using "carbon footprints" as a weapon. The market for emission trading is at present completely deregulated haphazard and fraught with disinformation. A number of brokers are making enormous profits from this situation and the world will need to bring these to a central clearing house to enable worldwide monitoring and rating to ensure that all this trading is in fact reducing emissions. I fear that this is not the case at present and more and more "credits" are created to augment income rather than reduce output. This step requires the political will of all countries, but some need to take the lead so I hope this will be usefull in bringing together articles and statistics that will help highlight the ongoing activities that are taking place and will need to happen to achieve this desired outcome. Please consider the environment before printing this Blog