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Carbon Trading: Solution to Climate Change or Corporate Resource Grab?

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As posted to The Green Pages Who: Larry Lohmann, the editor of "Carbon Trading: A Critical Conversation on Climate Change, Privatisation and Power", an exhaustively-documented new book critiquing “carbon trading” is speaking in Calgary.What: A free, public presentation on the problems caused by carbon trading and its failure to reduce greenhouse gas emissions. Carbon trading is the primary mechanism for reducing greenhouse gases under the Kyoto Protocol, as well as Joe Lieberman (I-Conn.) and John Warner’s (R-Va.) “America’s Climate Security Act of 2007”, which is currently up for debate in the Senate.When: Jan. 14th, 6PMWhere: University of Calgary, MacEwan Student Centre, Escalus roomWhy: Carbon trading “dispossesses ordinary people in the South of their lands and futures without resulting in appreciable progress toward alternative energy systems,” says Lohmann. “Tradable rights to pollute are handed out to Northern industry, allowing them to continue to profit from business as usual. At the same time, Northern polluters are encouraged to invest in supposedly carbon-saving projects in the South, very few of which promote clean energy at all.”Most of the carbon credits being sold to industrialized countries, Lohmann explains, come from polluting projects that do nothing to reduce fossil fuel use, such as schemes that burn methane from coal mines or waste dumps. The bulk of fossil fuels must be left in the ground if climate chaos is to be avoided, the book Carbon Tradingwarns. The author and activist will describe his campaigning at the recent the UN Climate Summit in Bali, Indonesia last December, as well as describe the failed strategies the global financial community is still trying to force on negotiators from developing countries."Carbon Trading: A Critical Conversation on Climate Change, Privatisation and Power" is available for download at http://www.thecornerhouse.org.uk. Homepage: http://www.risingtidenorthamerica.org

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