Whither the ETS?

Authors: Piers Maclaren
Publication: New Zealand Journal of Forestry, Volume N.Z.J.For. 2008, Issue N.Z.J.For. 53(2) 2008, pp 48, Aug 2008
Publisher: New Zealand Institute of Forestry

Abstract: Call me a pessimist if you like, but carbon trading is going nowhere. The concept is intrinsically flawed: it assumes that people and nations have an unbelievable degree of self-sacrifice, organisational capacity and goodwill. Serious emission reductions could never be achieved without serious grief. If reducing emissions was economically beneficial, why didn’t this happen anyway - without any incentives?
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