Posts Tagged ‘Carbon credit’

China’s Emissions Trading Plan Puts Weight on Countries’ Cumulative GHG

China appears to be backing out of global efforts to address climate change, intensifying pre-Copenhagen debate.

A top China central government think tank yesterday released a framework for quantifying countries’ historical emissions. Under this proposed framework, the State Council Development Research Center (DRC) would create a “historic account” of past emissions, used to benchmark developing countries with lower accumulated emissions - like China - against countries with higher accumulated emissions and assign emissions “deficits” to countries who have emitted less. Using this quantitative assessment, countries with emissions “deficits” would get the green light to emit, or trade emissions credits with countries that have already exceeded their allowance.

The release of this plan supports external analysis that China believes it should have the right to develop free from carbon reductions until their accumulated emissions are on par with industrialized countries. A recent Brookings Institute report: “Overcoming Obstacles to US-China Cooperation on Climate Change” articulated Beijing’s stance, which included the conviction that:

Countries should be held responsible not only for their current emissions but also for their cumulative historical emissions, given that greenhouse gases accumulate in the atmosphere over many decades.

This plan is Beijing’s most comprehensive effort to date to both highlight and quantify development inequalities as a justification for releasing China and other developing countries from emissions reduction expectations.

Tangled Up in Green: NAFTA…Only If We Absolutely Hafta

nafta-flag.jpgI don’t know if you caught it, but the whole Hillary Clinton-Barack Obama flap over NAFTA exposed a dirty little secret: The North American Free Trade Agreement isn’t about American jobs or cheap Mexican labor—it’s about Canadian oil.

Think as far back as two weeks ago. I know you can do it. Remember, Britney’s dad started taking control of her life… everyone you know bugged the hell out of you by constantly saying: “I drink your milkshake…”

Anyway, back then, Hillary and Obama were campaigning among blue-collar crowds in Ohio when news broke out that someone from the Obama camp called the Canadian government and reassured them that the tough talk on NAFTA was all just an act. Later, it was revealed that Hillary probably made a similar call.

All of which begged the question: Why would they care so much about Canada if this was about NAFTA? Hasn’t Uncle Lou told us time and time again that NAFTA is all about Mexico: its cheap labor, and its non-existent regulations, which entice American factories to relocate south of the border?

Carbon Harmony: Offsetting More Than 100% at Music Festivals

Sustainable Energy Partners

This weekend at the Sasquatch! Music Festival in Washington, you can hear the likes of Bjork, The Arcade Fire, Manu Chao and the Beastie Boys. And if you listen closely, you might also hear the sigh of atmospheric relief as Carbon Harmony neutralizes the effects of all carbon dioxide emmissions resulting from this year’s Sasquatch!

You may remember from my previous post that the United States produced at least

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