The Fifth World Urban Forum in Rio de Janeiro, Brazil, was this week the location of the launch of the Global Greenhouse Gas Standard for cities, enabling a common approach for cities to calculate greenhouse gas emissions within their boundaries.
Although emission trading schemes and carbon credits don't seem to be the best way to fight global warming they work within the growth economics paradigm. They give a monetary value to something that was previously ignored, or at best counted as a saving, and therefore they add to the GDP.
On 27 November 2009, Global Access Partners has released a report of the Low-Carbon Economy Task Force“Low-Carbon Economy: Business Opportunities for Australia” outlining the impact of climate change and related policy development on the Australian business community. To read the report, click here.
As policy makers prepare to meet in Copenhagen in December to discuss carbon emmissions trading schemes, many Australian and international climate science and economics experts would prefer to see a carbon tax on the table for discussion.