Is carbon trading the answer to the greenhouse problem?
No. The greenhouse problem will only go away when carbon dioxide and other greenhouse gas concentrations are brought back to or near pre-industrial levels. Carbon trading as a system is not cognant of what the right concentration level of atmospheric CO2 is. Carbon trading is dependent on human consensus to achieve desired greenhouse gas concentration and preferred climate conditions. ? ?Carbon trading is only part of the solution. It allows flexibility in achieving reductions, lowering costs for a broad range of participants. This makes it more attractive for utilities, industries and individuals when considering options such as increasing efficiency, switching to renewable energy use, harvesting carbons, or conserving energy use in other ways.
