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Originally Posted by jolinar of malkshor
Holy cow I cant believe the people that buy into Koyoto.
All it is, is a money transfer system. Countries that dont produce much CO2 can sell their allotment to other countries, there by transfering money from rich countries to poor countries and not reducing any CO2 in the process. Any person who believes this will work needs to give their head a shake.
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What the hell is Koyoto?
Not with that attitude, it won't work.
Kyoto is an incentive for states to lower their greenhouse gas emissions, not to funnel money into developing states. Regardless of if a country is in the global south or north, if states would do their part to combat climate change, they would make money, if not, they pay a penalty. It really has nothing to do with poor or rich countries.
Often developed states are at an advantage because they can install sustainable practices easier than those states who do not have the money to update their energy practices.
Obviously if it was about funnelling money, which I admit carbon credit trading is a large part of the protocol, it would be enforced by the IMF or World Bank, not UNEP.