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November 07, 2007

Charity Eyes Worldwide Carbon-Trading Market

The International Carbon Action Partnership, a nonprofit organization that fights climate change through the use of a global carbon-trading market, was started Monday in Lisbon, Portugal, by officials from the European Union, Canada, Norway, New Zealand, and three U.S. states — California, New Jersey, and New York, reports the Associated Press.

The partnership groups countries and regions that cap and trade environmentally damaging carbon-dioxide emissions by companies, and aims to open up an international market for cross-border trading using these “pollution permits.”

Although the European Union began a carbon-emissions trading scheme in 2005, the establishment of the nonprofit partnership is seen by many as a significant step toward a more sophisticated worldwide plan. European Commission President Jose Manuel Barroso said, “Putting a price on carbon is the vital ‘pull factor’ needed to ensure a healthy market for clean technologies. It’s a major driver for innovation, for the creation of markets, and for future activity.”

Wednesday November 7, 2007 | Permalink

Comments

1. In my opinion, true innovation – directed toward solving the Worlds “Global Warming” “Climate Change” crisis – would be to cap the use of all fossil fuels (oil and gas) now today – tomorrow.

   The question that needs a response is how do you move pollution from one place to another? For example how do you move pollution from NorthernStar Natural Gas “Clearwater Port LNG” from Oxnard and Ventura County, California to Nevada or New Mexico?

   Think about that –

   Lupe Anguiano
   Stewards of the Earth
   Oxnard, CA

   — Lupe Anguiano    Nov 7, 02:12 PM    #

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