{Referenced by the Lowy Institute’s “Interpreter”} in “Abbott’s ‘so-called’ carbon market”

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A nice mention from the Lowy Institute’s “Interpreter” blog who picked up the argument developed in the “2011 piece from finance industry analyst Xavier Rizos, in which he gives an example of how hard it is to calculate carbon offsets”, as developed by Kevin Anderson, director of the Tyndall Centre for Climate Change Research.

That assessing the effectiveness of an offset in reducing CO2 levels over the following 100 years – as stipulated by the Kyoto regulation – is equivalent to “Marconi and the Wright brothers getting together to discuss whether in 2009, EasyJet and the internet would be facilitating each other through internet booking”

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The Interpreter is an outstanding blog, so many thanks to its editor Sam Roggeveen for the plug!

Source: http://www.lowyinterpreter.org/post/2013/07/17/So-called-market-What-did-Abbott-mean.aspx

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