The future is carbon trading
- Sep 18, 2018 11:05 am GMT
From time to time it is worth revisiting the rationale behind various initiatives, in part to better understand them but also to bring clarity to the benefits of implementation. Carbon emissions trading is one such practice.
Trading in goods and services has been at the foundation of human development for thousands of years. It introduces opportunity, cost efficiency and flexibility into society that in turn fosters economic growth. These benefits are well understood and have been proven many times over, but the idea that trade can successfully solve an environmental issue is again being challenged, to the extent that implementation of new trading systems is not welcomed by all parts of society.
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