Already the issue of Taiwan joining the Carbon Credits trading system is creating something of a stir. I am aware of the arguments against, but feel, on balance, that Taiwan should join the system, just for the positive precedent it sets. If a better alternative comes to the fore, on a global level, and it is adopted by those countries who already have an established ‘responsible environmental track record’ - such as the Skandanavian countries - then perhaps that would be the time to review Taiwan’s participation. But for now,I think we should support the initiative.
Some people like pretty graphs…heres one on the brewing European Scandal on Carbon Credit market:
Magnified view from CCX main page
[i]"“Dead” is a word that might describe trading on this exchange.
Maybe it has something to do with the members of the advisory board? On it we find Ed Begley Jr., Joe Kennedy II, and Dr. Rajenda Pachauri. With a team like that, how could it fail? The real problem with carbon credits is that there’s nothing tangible to trade. It’s all spun from thin air, literally.
At least if you trade pork bellies, corn, wheat, or even orange juice, there’s something tangible that will eventually be delivered somewhere – Anthony"[/i]
Article: Scandal Brewing in the Euro Carbon Credits market
What initiative? Taiwan can’t join this ridiculous snake oil balderdash because its not a UN member. Where are your links?
There has been talk about Taiwan setting up factories in some of its African allies in exchange for carbon credits, however.
“Taiwan, which is recognised by only 23 countries and is not a member of the United Nations, plans to set up an offshore company so it can participate in carbon trading, the official said.”[/ul]
Taiwan’s participation is a joke – when the current round of coal plant construction is completed, the first, fourth, and fifth biggest single CO2 sources on earth will be coal plants in central and southern Taiwan. We’re number 1!
[quote=“sandman”]What initiative? Taiwan can’t join this ridiculous snake oil balderdash because its not a UN member. Where are your links?
There has been talk about Taiwan setting up factories in some of its African allies in exchange for carbon credits, however. [/quote]
This isn’t all that new. It has been in the Chinese-language media for a while. The plan is to set up a front company in Japan to handle the trading.