Carbon trading explained using…….biscuits

Sandbag’s very funny video explaining Carbon emissions trading.

The EU unveils a cunning plan.

Though the targets it sets out are nothing new – 30% cut by 2020 for rich countries, 15-30% off ‘business as usual’ trajectories for rapidly developing countries, with the long term aim of delivering a global reduction by half by mid century, detail has been added about how these targets should be shared by countries and what mechanisms will need to be in place to deliver them. The recommendation that global emissions need to peak and decline before 2020 is an important additional element of the story – one which might be helped by the current recession but which nevertheless requires significant action in the short term to prevent emissions rising again in tandem with economic recovery.

see more at http://sandbag.org.uk/taxonomy/term/11