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	<title>Comments on: How does cap and trade work?</title>
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	<link>http://blogs.edf.org/climate411/2007/06/04/how-does-cap-and-trade-work/</link>
	<description>Blogging the science and policy of global warming</description>
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		<title>By: Climate 411 &#187; First Auction Today for RGGI Cap-and-Trade - Blogs &#38; Podcasts - Environmental Defense Fund</title>
		<link>http://blogs.edf.org/climate411/2007/06/04/how-does-cap-and-trade-work/comment-page-1/#comment-1838</link>
		<dc:creator>Climate 411 &#187; First Auction Today for RGGI Cap-and-Trade - Blogs &#38; Podcasts - Environmental Defense Fund</dc:creator>
		<pubDate>Thu, 25 Sep 2008 16:59:17 +0000</pubDate>
		<guid isPermaLink="false">http://blogs.edf.org/climate411/2007/06/04/how-does-cap-and-trade-work/#comment-1838</guid>
		<description>[...] and Mid-Atlantic states to reduce global warming pollution from power plants by means of a cap-and-trade system. In cap-and-trade, global warming pollution is limited to an agreed-upon cap that declines over [...]</description>
		<content:encoded><![CDATA[<p>[...] and Mid-Atlantic states to reduce global warming pollution from power plants by means of a cap-and-trade system. In cap-and-trade, global warming pollution is limited to an agreed-upon cap that declines over [...]</p>
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		<title>By: Climate 411 &#187; Corn Ethanol: Importance of Performance Standards - Blogs &#38; Podcasts - Environmental Defense Fund</title>
		<link>http://blogs.edf.org/climate411/2007/06/04/how-does-cap-and-trade-work/comment-page-1/#comment-1226</link>
		<dc:creator>Climate 411 &#187; Corn Ethanol: Importance of Performance Standards - Blogs &#38; Podcasts - Environmental Defense Fund</dc:creator>
		<pubDate>Tue, 29 Apr 2008 20:16:20 +0000</pubDate>
		<guid isPermaLink="false">http://blogs.edf.org/climate411/2007/06/04/how-does-cap-and-trade-work/#comment-1226</guid>
		<description>[...] market-based system that rewards less carbon-intensive technologies and land-use practices, whatever they may [...]</description>
		<content:encoded><![CDATA[<p>[...] market-based system that rewards less carbon-intensive technologies and land-use practices, whatever they may [...]</p>
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		<title>By: greenlady</title>
		<link>http://blogs.edf.org/climate411/2007/06/04/how-does-cap-and-trade-work/comment-page-1/#comment-246</link>
		<dc:creator>greenlady</dc:creator>
		<pubDate>Sat, 23 Jun 2007 23:39:10 +0000</pubDate>
		<guid isPermaLink="false">http://blogs.edf.org/climate411/2007/06/04/how-does-cap-and-trade-work/#comment-246</guid>
		<description>Compensated Reduction--sounds great, but it&#039;s set in the future! Cap and trade sounds great--again, something set for the future. Check out sustainableharvest.org --something that is going on now in Central and South America to help both the people and the tropical forests (one of several such projects) Check out the reforestation project of the Arbordayfoundation.org --something going on now. (There are other reforestation projects also going on currently.)

Concerning emissions--well, what can an individual do? Besides buy a bicycle or walk anyplace with a mile or two from their home.(It might even solve the obesity problem from which the US seems to be suffering .) And sign every petition a citizen receives that demands our government set limits on emissions (which they have recently done on automobile manufacturers) and support clean energy research.

I read recently that China is the biggest buyer of tropical wood, and their indiscriminate wood purchasing practices are leading to poaching from the national forests of Third World countries around the world. The compensation reduction would have to provide greater incentive to the people not to cut their forests than the Chinese are providing to cut their forests. Of course, boycotting wooden items from China might provide the incentive to Chinese manufacturer&#039;s to change their purchasing policies. Just a thought on the subject.

Love, Peace, and Joy!</description>
		<content:encoded><![CDATA[<p>Compensated Reduction&#8211;sounds great, but it&#039;s set in the future! Cap and trade sounds great&#8211;again, something set for the future. Check out sustainableharvest.org &#8211;something that is going on now in Central and South America to help both the people and the tropical forests (one of several such projects) Check out the reforestation project of the Arbordayfoundation.org &#8211;something going on now. (There are other reforestation projects also going on currently.)</p>
<p>Concerning emissions&#8211;well, what can an individual do? Besides buy a bicycle or walk anyplace with a mile or two from their home.(It might even solve the obesity problem from which the US seems to be suffering .) And sign every petition a citizen receives that demands our government set limits on emissions (which they have recently done on automobile manufacturers) and support clean energy research.</p>
<p>I read recently that China is the biggest buyer of tropical wood, and their indiscriminate wood purchasing practices are leading to poaching from the national forests of Third World countries around the world. The compensation reduction would have to provide greater incentive to the people not to cut their forests than the Chinese are providing to cut their forests. Of course, boycotting wooden items from China might provide the incentive to Chinese manufacturer&#039;s to change their purchasing policies. Just a thought on the subject.</p>
<p>Love, Peace, and Joy!</p>
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		<title>By: Annie Petsonk</title>
		<link>http://blogs.edf.org/climate411/2007/06/04/how-does-cap-and-trade-work/comment-page-1/#comment-245</link>
		<dc:creator>Annie Petsonk</dc:creator>
		<pubDate>Tue, 12 Jun 2007 21:28:35 +0000</pubDate>
		<guid isPermaLink="false">http://blogs.edf.org/climate411/2007/06/04/how-does-cap-and-trade-work/#comment-245</guid>
		<description>I agree it&#039;s worth investigating, and investigating we are!

While carbon credits in developing countries can energize the transition to lower-carbon economies, there is a significant risk. The risk, however, is not so much famine as deforestation.

The increased demand for biofuels could prompt farmers (in both industrialized and developing countries) to clear land for biofuel crops. If farmers growing food crops convert to biofuel crops, other farmers are likely to clear more forest to plant the needed food crops.

The problem is potentially huge, since forests absorb significant amounts of carbon dioxide.  Already, deforestation - principally in the tropics - accounts for roughly 18 to 20 percent of global greenhouse gas emissions. This amount is comparable to the total fossil fuel emissions of the United States!

An important first step is to hold biofuel producers accountable for emissions from land use change, but this isn&#039;t enough. What&#039;s urgently needed - in our view, and that of many of our partners in the developing world - is to create real economic incentives for keeping forests standing.

One innovative approach, called &#34;&lt;a href=&quot;http://www.environmentaldefense.org/article.cfm?ContentID=4224&quot; rel=&quot;nofollow&quot;&gt;Compensated Reduction&lt;/a&gt;&#34;, would use the carbon market to compensate developing countries that reduce national deforestation rates below a historical baseline. Poor people in developing countries would receive direct compensation for protecting forests, instead of only being compensated for cutting forests down.

The concept is fast attracting worldwide attention. It will be on the agenda at the upcoming &lt;a href=&quot;http://unfccc.int/2860.php&quot; rel=&quot;nofollow&quot;&gt;climate treaty talks&lt;/a&gt; in Bali, Indonesia, and already, some developing countries are hinting they might support it - provided that industrialized countries (including first and foremost the world&#039;s biggest greenhouse gas polluter, the United States) step up to the plate with tough mandatory caps on their own emissions.

&lt;a href=&quot;http://www.environmentaldefense.org/page.cfm?tagID=957&quot; rel=&quot;nofollow&quot;&gt;Annie Petsonk&lt;/a&gt;
International Counsel
Environmental Defense</description>
		<content:encoded><![CDATA[<p>I agree it&#039;s worth investigating, and investigating we are!</p>
<p>While carbon credits in developing countries can energize the transition to lower-carbon economies, there is a significant risk. The risk, however, is not so much famine as deforestation.</p>
<p>The increased demand for biofuels could prompt farmers (in both industrialized and developing countries) to clear land for biofuel crops. If farmers growing food crops convert to biofuel crops, other farmers are likely to clear more forest to plant the needed food crops.</p>
<p>The problem is potentially huge, since forests absorb significant amounts of carbon dioxide.  Already, deforestation &#8211; principally in the tropics &#8211; accounts for roughly 18 to 20 percent of global greenhouse gas emissions. This amount is comparable to the total fossil fuel emissions of the United States!</p>
<p>An important first step is to hold biofuel producers accountable for emissions from land use change, but this isn&#039;t enough. What&#039;s urgently needed &#8211; in our view, and that of many of our partners in the developing world &#8211; is to create real economic incentives for keeping forests standing.</p>
<p>One innovative approach, called &#38;#34;<a href="http://www.environmentaldefense.org/article.cfm?ContentID=4224" rel="nofollow">Compensated Reduction</a>&#38;#34;, would use the carbon market to compensate developing countries that reduce national deforestation rates below a historical baseline. Poor people in developing countries would receive direct compensation for protecting forests, instead of only being compensated for cutting forests down.</p>
<p>The concept is fast attracting worldwide attention. It will be on the agenda at the upcoming <a href="http://unfccc.int/2860.php" rel="nofollow">climate treaty talks</a> in Bali, Indonesia, and already, some developing countries are hinting they might support it &#8211; provided that industrialized countries (including first and foremost the world&#039;s biggest greenhouse gas polluter, the United States) step up to the plate with tough mandatory caps on their own emissions.</p>
<p><a href="http://www.environmentaldefense.org/page.cfm?tagID=957" rel="nofollow">Annie Petsonk</a><br />
International Counsel<br />
Environmental Defense</p>
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		<title>By: me144</title>
		<link>http://blogs.edf.org/climate411/2007/06/04/how-does-cap-and-trade-work/comment-page-1/#comment-244</link>
		<dc:creator>me144</dc:creator>
		<pubDate>Tue, 05 Jun 2007 00:33:03 +0000</pubDate>
		<guid isPermaLink="false">http://blogs.edf.org/climate411/2007/06/04/how-does-cap-and-trade-work/#comment-244</guid>
		<description>I read with great interest your blog on cap and trade. One very important thing bothers me. There is a great temtation to use developing countries as sources of carbon credits,which may distort their ecaonomy to the point of doing them more damage than it does good for the advanced country or for the environment.For example:If a hypothetical country were to focus on growing afuel crop that reduces net carbon dioxide emissions, will this njot distort the agricultural economy of this nation to the point of creatin many negative unintended consequences, including famine. I do not have the expertise to develop this point further, but I think it is worth further injvestigation by someone in your organization.</description>
		<content:encoded><![CDATA[<p>I read with great interest your blog on cap and trade. One very important thing bothers me. There is a great temtation to use developing countries as sources of carbon credits,which may distort their ecaonomy to the point of doing them more damage than it does good for the advanced country or for the environment.For example:If a hypothetical country were to focus on growing afuel crop that reduces net carbon dioxide emissions, will this njot distort the agricultural economy of this nation to the point of creatin many negative unintended consequences, including famine. I do not have the expertise to develop this point further, but I think it is worth further injvestigation by someone in your organization.</p>
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