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:


Prepare! Keep a Grab-n-Go Survival Kit Handy

Are you prepared in the event of a sudden emergency? Blizzard, earthquake, insurrection after the inauguration? We know a lot of people are wondering what’s coming next in the US, as well as the world, given terrorism, politics, and global warming, among other threats. In this excerpt from When Technology Fails, a popular book on […] Read More

Chelsea Green: In the Media 2016

Oh, 2016. Where did the time go? Each year, Chelsea Green receives hundreds of mentions (well over 1000 in 2016) in the media both big and small. From interviews, to excerpts, to opinion pieces by authors we’re always working to make sure that the mission and message of each book is spread far and wide. […] Read More

Yes, America We Can Make It … Really

Uncertainty got you down? The political world may seem like it’s crumbling around us, but this we know: We can make it, America. Literally, we can make things. Houses. Gardens. Food. Below we’ve selected some of our classic how-to and DIY books (and some new favorites) to help you sustain your self, family, and community. […] Read More

Chelsea Green on Instagram: Our Most Popular Photos of 2016

What a year for Chelsea Green on Instagram! We began the year with 500 followers and are now fast approaching 4,000 photo-loving brewers, gardeners, cheesemakers, permaculturists, foodies, seed-savers, homesteaders, foragers, and more. Our most popular posts of 2016 say a lot about what makes you happy: mushrooms, innovative garden designs and techniques, tiny cabins, and […] Read More

What’s a Carbon Sink?

World leaders met in Marrakech this month as part of COP22, to discuss the next steps to reducing global climate emissions. One of the solutions being discussed is carbon farming. Author Eric Toensmeier participated in COP22, in part, because he literally wrote a book on it. First off – what is carbon farming? It’s a […] Read More
Follow us
Get every new post delivered to your inbox
Join millions of other followers
Powered By WPFruits.com
+1
Tweet
Share
Share
Pin