The trading market value of carbon emission futures have risen by 240% in 2 years. Follow the money, always follow the money.
@astutidwifajarwati99534 жыл бұрын
Thank you for this information 🙏🏻.
@dennismwangi35732 жыл бұрын
Great explanation.👌 Still this may not reduce climate change, those with money can live at the expense of others. It is skewed towards the rich people or corporations.
@RodBarkerdigitalmediablog2 жыл бұрын
yes, I agree, this scheme and other like it are full of holes - carbon trading is 'code' for - allowing business as usual without having to reduce pollution at the source.
@garyroach86243 жыл бұрын
How will it ever work, carbon credit get more expensive which will put financial stress on the lowest earners which a responsible for the lowest carbon emissions.
@armandoariaktaaloanis1949 Жыл бұрын
thank you
@chooseyourownadventurenz8 жыл бұрын
Geoff, thanks for the overview. I am curious about the role of forests, how we calculate the carbon sequestered. Reading around it gets a bit vague at the end of the forests life. Wood that is harvested and turned into paper, houses, offcuts. Do we assume that most of the harvested wood is not burnt or rotted that the carbon ends up back in the atmosphere? Thanks again, keep them coming.
@GarethMorgannz8 жыл бұрын
+Mark Sargent It is vague at the moment. In the past, Kyoto assumed that all wood cut down was burned immediately. Now countries agree this is a bit rough, and so if wood is used to make stuff we will assume the carbon is released more slowly. But the details aren't worked through yet!
@chooseyourownadventurenz8 жыл бұрын
+Gareth Morgan Right. I had this view that we should all be building Lockwood houses. But that is not the case. The whole grow some forests is a bit of a one time deal, as my understanding is once a forest is mature it is pretty neutral co2 wise. You have as much rotting trees releasing carbon as new growing trees soaking it up. I appreciate it helps in the short term. But it looks like we can't afford to cut them down, unless we promise to bury them.
@davidkantia943011 ай бұрын
Offset with forest etc. is going to end, because of what you mentioned. It was good to start ETS wirh it, but a risk of green washing is there.
@marcuslarsen2837 Жыл бұрын
Great video, any ideas how companies can turn these rules into an advantage?
@RodBarkerdigitalmediablog2 жыл бұрын
Carbon trading is 'code' for - allowing business as usual without having to reduce pollution at the source.
@fabmanly1070 Жыл бұрын
Actually we just buy more credits from Russia. Carry on as usual.
@francoisfalcato73493 жыл бұрын
Thanks for the video !
@jackqiu33184 жыл бұрын
great video
@fabmanly1070 Жыл бұрын
Specialists we’re brought out from the UK to look at setting up a more stringent Vehicle Emission Test. The Government turned around and refused to implement it due to cost.
@king0vdarkness6 жыл бұрын
Which "Government" are you talking about? UK or Australia...?
@katie31098ify6 жыл бұрын
He is talking about the New Zealand Government :)
@PRIYANKA-wb7rc5 жыл бұрын
👍
@whititumai5988 Жыл бұрын
How can we make money from this?
@Oldmoneydan2 жыл бұрын
Lol yea I’m a. Dummy
@michelangelobuonarroti49588 ай бұрын
He's confusing emissions trading schemes with carbon offsets, which are two completely different things...
@DrasticKDescription6 жыл бұрын
Carbon tax is abm all about the money. It pays for geo engineering
@sg3054 жыл бұрын
Carbon is life...via the carbon cycle . The ETS will destroy NZ.
@algae_rhythms3 жыл бұрын
Can you please explain how? Thank you
@sg3053 жыл бұрын
@@algae_rhythms the biggest contributor to emissions is the shipping and trucking of goods...one container ship producing the emissions of 50 000 000 cars annually. As an export nation we are reliant on shipping....economic suicide..And for what?
@algae_rhythms3 жыл бұрын
@@sg305 what would you suggest?
@MarginB4 жыл бұрын
you never explained the scheme! you explained the regulat steps 😂 im assuming you dont get it yourself
@OliveMule3 жыл бұрын
Most people dont understand the scheme or they're are benefiting from it Source: I work in renewable energy
@algae_rhythms3 жыл бұрын
Where can I find hell to understand the scheme please?