carbon trading

Against the wishes of the federal government, Quebec and Ontario have signed a cap-and-trade deal between the two provinces.

BP, the Nectar loyalty card scheme and IT supplier Atos Origin on Monday launched a five-month personal carbon credit trading trial, intended to show that such a scheme could be set up inexpensively and using current technology.

Two self-dubbed “greenwash guerrillas” invaded a Carbon Market conference in New York’s Javits Center on Tuesday. The activists from a group called Rising Tide North America passed security posing as convention delegates. Then they rushed the stage just before U.S. Congressman Jay Inslee, a Washington Democrat, was set to speak.

This an interesting article from Planetark about Credit Suisse buying a Carbon Firm to position themselves better in the future market of carbon trading.

...some of the responses to the global threat of climate change are likely to cause new and severe problems, which... could actually increase global warming. As this special report shows, this seems to be the case with carbon trading – a grandiose market scheme set up as the world’s primary response to the crisis of climate change.