Carbon Trade Watch

Carbon Trade Watch

Carbon Trade Watch is a project of the Amsterdam-based Transnational Institute.They define their mission as "research and network-building on greenhouse gas trading and other forms of pollution trading". [cite web|title=Carbon Trade Watch: about us|url=http://www.carbontradewatch.org/aboutus/roots.html] Their concern is that developing countries will be defrauded or exploited by implementation of "pollution trading" under the Kyoto Protocol.

Kevin Smith, a researcher for Carbon Trade Watch wrote:cquote|Effective action on climate change involves demanding, adopting and supporting policies that reduce emissions at [the] source as opposed to offsetting or trading. Carbon trading isn't an effective response; emissions have to be reduced across the board without elaborate get-out clauses for the biggest polluters.

There is an urgent need for stricter regulation, oversight, and penalties for polluters on community, local, national and international levels, as well as support for communities adversely impacted by climate change. But currently such policies are nigh-on invisible, as they contradict the sacred cows of economic growth and the free market. [cite web|title=Obscenity of Carbon Trading|url=http://news.bbc.co.uk/2/hi/science/nature/6132826.stm |last=Smith|first=Kevin|publisher=BBC Science News "The Green Room" |accessdate=2007-05-09|date=2006-11-09]

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