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:


The Seven-Point Protocol for a Lean Economy

In the future, what will our local economies look like? How will they function if there is little, to no, state or national support? The late David Fleming envisioned a post-capitalistic society that we could call “deep local” — in which all needs are met at the local level — from income to social capital […] Read More

Happy Holidays from Chelsea Green Publishing!

Today we kick off our Holiday Sale — with 35% off every purchase at our online bookstore. Simply use the code CGS16 at checkout from now until the end of the year. Along with this great discount, we are offering free shipping on any order over $100*. Are there homesteaders or organic gardeners on your […] Read More

Sex, Violence, and Figs

They are trees of life and trees of knowledge. They are the fig trees. Fig trees fed our pre-human ancestors, influenced diverse cultures and played key roles in the dawn of civilization. They feature in every major religion, starring alongside Adam and Eve, Krishna and Buddha, Jesus and Muhammad. This is no coincidence – fig […] Read More

10 Fascinating Fig Facts

“As our planet’s climate changes and reminds us that nature really does matter, the story [of fig trees] has important lessons for us all.” –Mike Shanahan In short, fig trees are awesome. They have been around for 80 million years and during that time they have shaped our world and impacted humanity in profound but […] Read More

Author Nicolette Hahn Niman to Speak at Nobel Dialogue on the Future of Food

What does a former environmental lawyer and vegetarian turned cattle rancher have in common with Bob Dylan? They’ll both be — theoretically — in Stockholm in December during the Nobel Prize ceremonies. That’s right – Chelsea Green author Nicolette Hahn Niman will be one of several global opinion leaders and experts taking part in this […] Read More
Follow us
Get every new post delivered to your inbox
Join millions of other followers
Powered By WPFruits.com