Home > Media > “The failures and crimes of carbon trading”

“The failures and crimes of carbon trading”

2009

A post on the international Mobilization for Climate Justice web site

This week both The Washington Post and Greenpeace reported on the failure of the Noel Kempff Mercado Climate Action Project to reduce carbon dioxide emissions. This decade old “carbon offset” forest project in Bolivia demonstrates that “carbon trading” and other market mechanisms (CDM, REDD, cap and trade, so forth) will not effectively slow the burning of fossil fuels. These financial instruments are scams, frauds, and human rights violations.

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