Do I believe in Global Warming? I definitely do. Are we to blame for a lot of it? Yes we are. Do I believe Global Warming is a big business? Yes. Most of the stuff in the world is a business. No matter what it is, from a newspaper, to a news show, they are all out to make money.
We have all seen or slept through Al Gore’s An Inconvenient Truth. I have to admit it shocked me and scared me right off the bat when I was watching it and when I finished watching it. I then started doing research and was bombarded by many different sources of information for and against.
One topic that comes up a lot is Carbon Tax. The sad thing is that while Carbon Tax is a great thing, it boils down to the fact that many people are getting super rich off of this.
Carbon Trading or “Cap and Trade” is known as the trading of carbon credits. If a company doesn’t pollute as much as another company, the company that wants to pollute more can buy up the unused credits from the company that pollutes less. This is basically permission to pollute more. Now the extra they have to pay to pollute more could be passed onto the customer ( or has at least been speculated in my research). I don’t see how this act of “Cap and Trade” can actually reduce emissions. I see it as increasing emissions and padding the pockets of the polluters. Am I wrong? If so please inform me.
I understand it can help the environment but I guess just like anything it is to make a lot of money to a small group of individuals.
I could be completely wrong but I definitely want your opinions on this!
Picture Source: Click Here
http://en.wikipedia.org/wiki/Emissions_trading
http://en.wikipedia.org/wiki/Carbon_tax
