Trading Scheme Lets the Rich Get Richer

The huge profits from that trading scheme will be divided by the chemical factory’s owners, a Chinese government energy fund, and the consultants and bankers who put together the deal from a mansion in the wealthy Mayfair district of London


Does it reduce GHG emissions? Yes. Does the environment compare about the motivation behind the abatement? No.

Thing that gets me about economy vs. enivronment arguments, is that mother nature really doesn’t care about economic squabbles or geo-politics. We continue to hear the economics of the global warming issue, which continues to stall action, and none of this enters into any factors effecting our biosphere.