julie bishop signs up for carbon trading rubbish, page-3

Couldn't agree more.
The global banking industry has been in the doldrums since they nearly bankrupted themselves by punting on mortgages given to idiots. Much better for them to punt on bits of paper promising nothing which can be verified on the assumption that it will change something which it won't.
If you can't touch it, see it, smell it, hear it but you can make money from it then back up the trucks.
Goldman Sachs (NYSE: GS) will make out like a bandit.
Will the planet's climate change at all? No, but that's not the point. The international carbon dioxide trading market is money for air, which is like money for jam but doesn't involve anything as labour-intensive as actually making some jam.