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Do Carbon Emissions Credits really help reduce pollution?
April, 2007 in Wabash Valley Journal of Business
April, 2007 in Wabash Valley Journal of Business
Whether it is called "emissions trading", carbon credits, or cap and trade, the practice amounts to buying and selling the right to pollute. It is an administrative solution to pollution and doesn't, in the final analysis, prevent pollution at all.
Yet, the only solid measure of the warming, the NASA satellite data, shows that over the 27 years that data has been available, warming has been at a negligible rate of 0.13 degrees Celsius per decade. This level is engulfed by the statistical variation for reliability. Although there is an increasing level of carbon dioxide in the atmosphere, carbon dioxide is not a pollutant nor does it pose health risks. Its effects, other things being equal, are to raise temperatures, but by how much is highly contentious.
Your carbon footprint? Carbon offset-buyer beware. It’s a gimmick designed to part you from your money without providing any measurable environmental benefit.
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