Soleron on 19 February 2010
Spankey said:
edit: to your adendum, I dunno...Penn and Tellers reaserchers (might as well ready the club and baby seal) say the carbon credit and related industry in US alone is worth over $20 Billion...only God knows what it's like in more hippy parts of the world... |
After a few searches, it's quite bad. $170b worth of trading and (as far as I can see) zero effective reduction in CO2 emissions because of it. Yeah, I agree it should go away.
I thought you were referring to research grant money being that 'industry', but I'm not seeing big excesses on that side. It's not overly easy to get funding and the results coming out are improving our picture of the climate, something that needs to be done anyway regardless of global warming.
