Chelsea Green Publishing

Chelsea Green Blog

LISTEN: Mark Schapiro: What’s the Deal with Cap and Trade?

In this interview with Fresh Air’s Terry Gross, author and editorial director of the Center for Investigative Reporting Mark Schapiro explains Cap-and-Trade legislation: its drawbacks, its benefits; and what it means for the future of the planet.

From Fresh Air with Terry Gross (transcript by NPR):

Mr. MARK SCHAPIRO (Journalist): So the basic idea behind cap-and-trade is that the government issues emission limits, limits on the amount of greenhouse gases that major industries can omit into the atmosphere. And then it permits companies to exceed those limits, to go and purchase an offset somewhere else. Now, what is an offset? An offset is something that basically is a project to reduce emissions in some other part of the world. Let me give you an example.

You have got a major German utility for example. Every year they are issued an emission limit, literally a number as to how many greenhouse gases they can omit into the atmosphere. They have a huge complex, it’s actually called RWE, the biggest utility in Germany. And they have a complex in their headquarters which literally gives them a reading every day as to how many emissions their utility is omitting. And every month they have an exact reading of how far over their limit they’re going.

And so that company has to go out and buy these things called offsets, which are essentially investments in what are emission reduction projects, somewhere else. So you have got a system called cap, which establishes the caps, the limits on emissions, and trade, meaning you can go obtain emission reductions somewhere else to allow you to continue polluting at home.

Listen Now

Read the whole article here.


Related Articles:

Bullshit. *Charisma, Icon, Intelligence, Empty Sandwich

How does the word “bullshit” connect to Charisma, Intelligence and the notion of The Empty Sandwich?To find out the answer to this question we meandered through David Fleming’s Lean Logic. A dictionary unlike any other, Lean Logic encourages readers to actively and intellectually engage with its entries. These entries are often cross-referenced so that you […] Read More

The Miracle of Farming: Toward a Bio-Abundant Future

Charles and Perrine Hervé-Gruyer’s Le Ferme du Bec Hellouin is a celebrated model of innovative, ecological agriculture in Europe, connected to national and international organizations addressing food security, heralded by celebrity chefs as well as the Slow Food movement, and featured in the inspiring César and COLCOA award-winning documentary film, Demain (Tomorrow).In this excerpt from their […] Read More

Three Principles to Survive the Future

What guiding principles will you need to not just survive the future, but imagine a better one? Surviving the Future is a story drawn from the fertile ground of the late David Fleming’s extraordinary Lean Logic: A Dictionary for the Future and How to Survive It. That hardback consists of four hundred and four interlinked dictionary entries, […] Read More

Sow Seeds: Stop Walking Around Doing Nothing

“In the last one hundred years, 94 percent of seed varieties available at the turn of the century in America and considered a part of the human commons have been lost.”That’s one of the key takeaways in award-winning author and activist Janisse Ray’s book, The Seed Underground: A Growing Revolution to Save Food. In her book, Ray […] Read More

True or false? Figs contain dead wasps

They are trees of life and trees of knowledge. They are wish-fulfillers … rainforest royalty … more precious than gold. They are the fig trees, and they have affected humanity in profound but little-known ways. Gods, Wasps and Stranglers tells their amazing story.Fig trees fed our pre-human ancestors, influenced diverse cultures and played key roles […] Read More
Follow us
Get every new post delivered to your inbox
Join millions of other followers
Powered By