This is like saying if you can't fart any less, help someone fart less and take credit for the same. Big farters can keep farting as loud and smelly since they are not signatories. This will surely help individuals grow richer. Why can't it be kept simpler? Exempt government from debt portions that way some day the developed nations will tend to be developing and developing ones to developed. Finally nowhere is it said that countries like america who do not and will not sign be in any way made to pay. The americans are willing to sell any story except being real to the fact that they are most notorious defaulters in this. Cow farts emitting green house gases was the biggest joke, I cannot buy cows farting more than american industries.
RE:Carbon credit and how you can make money from it
by Rahul Mishra on Feb 12, 2008 04:03 PM Permalink
Hmmm...
Interesting analogy, dude! Farting with Global pollution. What a pity that I can't use this in any conference or training workshop!!
:)
Anyways, see this from the angle of macroeconomics. It says that to get rich, a country should do the best that it can do and outsource those things that can be done by someone else at cheaper rates.
This is what is done by US when it outsources the BPO jobs to India.
Now, industries in US can cut down the emissions but that would come at a cost. This cost is much higer than buying carbon credits from India.
In India, there are huge tracts of land lying barren and the people who are dependent on them are suffering with poverty and lack of opportunities to earn money. Now, if you and me open a new company, that takes control of this land, employ the poor to grwo forests on it- we can sell the carbon credits to US and Europe and make money. We can share this money with the poor and make his life comfortable too. The forest remain in India, and they improve India's environment. In long run, they help in protecting wild life, reducing pollution and soil erosion- and at some point ot time, give wood and other produce to the people.
Now will you still say that US Fart, if it gives money to Indian poor is BAD?
RE:Carbon credit and how you can make money from it
by on Feb 13, 2008 12:50 AM Permalink
Why not? The problem is people always been wanting to give suitable example. There is nothing wrong with fart. It is a natural biproduce of your body. In old days I use to give example to my student while teaching computers... if you don't eat you don't "go" next day... So for every output there is some input required :-)
RE:Carbon credit and how you can make money from it
by suvesh sircar on Feb 12, 2008 07:50 PM Permalink
How can a small investor invest in carbon credit sitting in Kolkata? Email-suveshs@gmail.com