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Posted Thu Aug 13 2009: from
Thumbnail Explanations of Current Carbon Markets
Companies and governments are turning to emissions trading as a weapon to fight climate change in a carbon market worth $125 billion last year. Here are some of the proposed plans and existing schemes. Carbon markets allow polluters to buy rights to emit greenhouse gases such as carbon dioxide. Under cap and trade schemes, companies or countries face a carbon limit. If they exceed their limit they can buy allowances from others. Alternatively, they can buy carbon offsets from projects which avoid greenhouse gas emissions outside the scheme, often in developing countries.... [Thumbnail overviews of Kyoto, EU, NE US, Japan, Australia, US, US & Canada, New Zealand's carbon markets.]
[Read more stories about: capitalist greed, carbon sequestration, renewable energy]

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'Doc Michael says:
Milk-toast insufficient solutions soppy with special interest juice. I'll have mine with despair sauce, please.

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