Carbon Offsets Daily : When do you think the domestic voluntary carbon
market will become a compliance market and how will that change affect the
environment?
:
Hopefully, the voluntary market will become a compliance market after
the presidential elections, but it is very hard to tell. It is clear
that all candidates understand the need for a change in the US climate
change policy. The extent of the impact this might have will depend on
how smart the system will be, and to what extent the lessons from the
creation of the European market will be learned. To begin with, I
believe that for such market to succeed, we can’t give emission permits
for free. We also need to tighten our control and monitoring systems.
All in all I believe that although carbon trading is an important part
of the solution, reducing our carbon emission by consuming less and
using measures such as carbon taxes should be first on our "to do" list.
Eylon Israely
Eco-Libris
"Plant a Tree for Every Book you Read"
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