A carbon tax? Emissions trading? Carbon offsets? Forget all that: climate activists wants something much more comprehensive.
Think global statism from source to sink, even if that means the carbon police ringing your doorbell to make sure you are not using natural gas or firing up the outdoor grill. Remember what Christiana Figueres, former head of the UN Framework Convention on Climate Change, opined back in 2015?
This is the first time in the history of mankind that we are setting ourselves the task of intentionally, within a defined period of time, to change the economic development model that has been reigning for at least 150 years, since the Industrial Revolution.
“Green Groups at COP 25 Warn Against Market-Driven Solutions to Climate Emergency” (December 2, 2019) by Andrew Germanos, staff writer at Common Dreams, explains:
As the United Nations climate summit COP 25 kicked off in Madrid, Spain on Monday, environmental advocacy groups warned that market-driven approaches to tackling the global emergency are an obstacle to real solutions to rein in emissions and making those most responsible for the crisis pay.
At issue are international carbon markets, which … will “take center stage.”
“Big polluters must be rubbing their hands in glee that carbon market mechanisms, which further dilute the already weak and inadequate Paris emissions targets, are back on the agenda,” said Dipti Bhatnagar, Climate Justice and Energy Program coordinator for Friends of the Earth International (FOEI), in a statement.
As Nature explained Monday,
At last year’s conference, nations agreed on a set of rules for tracking and reporting greenhouse-gas emissions and for reviewing collective progress. However, they failed to establish clear rules around carbon markets through which emissions made in one country can be offset by investing in low-carbon technologies elsewhere. Although it is unclear whether negotiators will be able to reach agreement this time around, Article 6 of the Paris agreement—which aims to promote voluntary international cooperation between nations—is a central point on the agenda, and offsetting will almost certainly be discussed.
Green Groups at COP 25 Warn Against Market-Driven Solutions to Climate Emergency
Climate groups have treated with suspicion carbon markets, whether they take the form of “cap and trade”—where one polluter can trade its surplus units of allowable carbon emissions to another polluter—or carbon offsetting—in which some activity is done to “offset” the carbon created a polluter.
In briefing paper last month, Friends of the Earth and other climate groups said that not only do carbon markets not work to adequately limit emissions, the market approaches can unleash harmful consequences for local and indigenous communities.
“Carbon markets operate on the false and unscientific assumption that offsetting emissions and selling permits to pollute will reduce global warming,” the groups said.