From the inbox:
Dr WhiteheadIn your Fall 2010 Environmental Economics graduate course, [student name] and I conducted a research project regarding Carbon Credit Trading Programs.Our paper's conclusion was that large-scale carbon trading programs were at best, well-to-do but costly political vehicles promising unreliable results via unproven methods, or at worst, outright political scams in which quasi-government agencies coordinated with shadowy third parties to blatantly extort, embezzle and otherwise launder public funds (into the millions of dollars) into the hands of corrupt entities.As this articleillustrates, the UN's carbon trading program is a wasteful sham with bureaucratic loopholes the size of Texas which allowed nation-states like China (among others) to exploit and manipulate the world's good intentions...I feel today, as I did in December 2010, that Carbon-Trading programs (which amount to nothing more than public soul-cleansing for would-be environmentalists and political stooges) perform a gross disservice to honest environmental protection and improvement initiatives.Otherwise, I hope you've been well...