There's little doubt that free-market capitalism helped to get us into the mess we're in. As Nicholas Stern, former chief economist at the World Bank, puts it: climate change is "the greatest market failure the world has ever seen". The question now is whether capitalism is able to make amends. Can it provide a mechanism that rewards people for reducing their carbon emissions instead of increasing them? Or will it simply give big polluters a way of dodging their responsibilities?
Technology Partners: MimirTech
Links:
[1] http://admin.indiaenvironmentportal.org.in/feature-article/carbon-trading-dirty-sexy-money
[2] http://admin.indiaenvironmentportal.org.in/category/author/fred-pearce
[3] http://admin.indiaenvironmentportal.org.in/category/journal/new-scientist
[4] http://admin.indiaenvironmentportal.org.in/category/thesaurus/environment
[5] http://admin.indiaenvironmentportal.org.in/category/thesaurus/climate-change
[6] http://admin.indiaenvironmentportal.org.in/category/thesaurus/kyoto-protocol
[7] http://admin.indiaenvironmentportal.org.in/category/thesaurus/emission-targets
[8] http://admin.indiaenvironmentportal.org.in/category/thesaurus/climate-mitigation
[9] http://admin.indiaenvironmentportal.org.in/category/thesaurus/emissions-trading
[10] http://admin.indiaenvironmentportal.org.in/category/thesaurus/clean-development-mechanism-cdm
[11] http://admin.indiaenvironmentportal.org.in/category/thesaurus/united-kingdom-uk
[12] http://admin.indiaenvironmentportal.org.in/category/thesaurus/united-states-america-us
[13] http://admin.indiaenvironmentportal.org.in/category/thesaurus/global
[14] http://admin.indiaenvironmentportal.org.in/category/thesaurus/european-union-eu
[15] http://admin.indiaenvironmentportal.org.in/category/thesaurus/carbon-dioxide
