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Does carbon trading really work?

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Uploaded by on Jan 27, 2008

Larry Lohmann critiques cap-and-trade (1 of 3)

Saturday January 26th, 2008
Larry Lohmann is the editor of Carbon Trading: A Critical Conversation on Climate Change . He also works with The Corner House, a research and solidarity NGO in the UK and is a member of the Durban Group for Climate Justice

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All Comments (17)

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  • nice tip

  • All pigs fueled & ready to fly!

  • great channel

  • Al Gore & Goldman Sachs

    Generation Investment Management's founding partners are studded with officials from Goldman Sachs. They include David Blood, former CEO of Goldman Sachs Asset Management (GSAM); Mark Ferguson, former co-head of GSAM pan-European research; and Peter Harris, who headed GSAM international operations

    (Plus former Secretary of the Treasury (under George W Bush) & a former CEO of Goldman Sachs Hank Paulson has ties also to Gore & GIM

  • As humanoids, we must sacrifice our species for the good of Al Gore and the planet. The science is settled!

  • @inertia186 A new lucrative trade could be in selling flubber credits to combat global increase of morbid obesity. If you eat too much more than a specific amount of calories considered healthy, you pay for Blubber credits. Someone who eats less can then sell those extra credits obtained by what they don't eat, such as someone going on a diet. This could be an incentive to lose weight for some, while the rich continue to gain weight. It could solve food shortages. Pay 3rd world to not eat.

  • This guy is very smart and doing important work. Wish more well meaning people read for themselves rather than heed london and ny.

  • good video...for more info on cap and trade, check out the public websites of "Reuters carbon" for example, or the Climate Task Force of the french Caisse des Depots (the research team is called "Mission Climat")

    Cap and trade is a good start, but of course it can not be enough to succed with Kyoto or facing climate change...

  • It's sooo convenient for people like Kevin Rudd to pretend to be doing something by introducing "carbon trading." There are so many more important things we need to be doing. Like the idea of a "Manhattan Project" for solar panel technology... we can do it for a weapon of mass destruction, but we can't do it for something that could save the fricking world? Whats going on there?

  • Who issues the "credits"? How can you trade carbon credits like a comodity when it's a gas?

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