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Re:Science is dead by brc on Wednesday December 09, 2009 @06:43PM (#986916)
Carbon trading was invented by Kenneth Lay of Enron. That should give you a pointer into what self interests lie for which groups? There is massive amounts of money to be made in the carbon trading arena : yet another type of derivative contract in which you'll have to pay a percentage for in order to buy/sell carbon credits.

While I think internalising the externality is a fine idea in terms of controlling it, if co2 is so evil and so dangerous, why are we not talking of a finite ban, like DDT or Fluorocarbons?

Re:Science is dead by philwelch on Wednesday December 09, 2009 @07:06PM (#986949)
No one is saying CO2 is "evil", just that there are limits to how much we can safely emit into the atmosphere.

Incidentally, "carbon trading was invented by Ken Lay" is a classic logical fallacy. It's no better than saying "assembly lines were implemented in the auto industry by Henry Ford, a notorious anti-Semite who was decorated by Adolf Hitler and personally refused to assist in the war effort". Ford's evils don't invalidate the fact that cars are affordable, and Lay's evils don't invalidate the theory of anthropogenic global warming.

Re:Science is dead by brc on Wednesday December 09, 2009 @09:40PM (#987183)
"carbon trading was invented by Ken Lay"

I've looked into it and you're correct on this (both accuracy and logical fallacy usage). You won't hear this from me ever again.

Also on the 'evil' statement - poor choice of words. I was referring to the EPA declaration of Co2.