Experts say the net zero concept is often used to delay taking action against emissions - ABC News
This is a timely item from none other than our ALPBC. It refers to carbon trading schemes. I wrote about this on these threads many years ago. One example I gave was when the price of carbon fell to a fraction of a Euro when Eastern Europeans dumped crap on the market. The problem with schemes is that there are always those who will take advantage, etc etc etc etc. I have provided quotes from ze article below. The last sentence is an eye-opener. Folks, vast amounts are being wasted just to pretend ve are doing something about the never-ending CC!There's a growing consensus on the urgent need to bring down carbon emissions, and the global rallying cry is net zero. This isn't just a climate target, it's become a badge of commitment.
There's also a realisation that it won't be easy.
"Transitioning to a net zero world is one of the greatest challenges humankind has faced," the United Nations declares on its Climate Action website, urging a "complete transformation of how we produce, consume and move about."
But a schism has emerged among the faithful, with major environmental groups and several leading climate experts now washing their hands of the net zero concept.
Their warning is blunt: the methods and technologies we've adopted to reverse global warming simply won't work.
Worse still, they could do more harm than good.
Etc
But Gilles Dufrasne, a policy officer at Carbon Market Watch, warns that if carbon markets are allowed to grow unchecked, they could compromise and ultimately distort net zero goals."The main concern is to ensure that the money is actually flowing to climate action and not to financial players or intermediaries, " he told ABC RN's Future Tense.
He says some carbon credits get traded up to 100 times, with no added benefit to the environment.
"It's absurd to have so little transparency around where the money is going since it's the actual primary objective of the entire system."
Last year, a former chair of the UN's Intergovernmental Panel on Climate Change, Robert Watson, broke ranks to denounce net zero as a fraud – a "dangerous trap".
Etc
