The new york times new is quite right in the way that said that the procedures of UNFCCC has a lot of lacks. What is truly sad is that for example in my country probably we could get doing almost everything that we can do for the climate change and we probably receive 200 million in compensation. But one single inundation (that exactly happen the last year) due by Climate Change cost us 1000 million dollars.
The cost of CER (Certificate Emission Reduction) actually i think is in 12 euros/tonCO2. when some years ago was in 30 euros/ton CO2. On december 2007 fall to 1.3 euros/ton CO2. These changes in prices has a lot of relationship, with the fact that many countries and companies did not take seriously the program and buy CERs without to download their emissions as well. In the last meeting of Copenhagen it was serious accusations against NGOs and other big institutions that let this happen. Countries like USA created a parallel market one part serious (Chicago) but others that look more like a fake. In the last EB 44 many request of China projects was made because they are contaminating much more quickly than they are doing something about the environment.
And today in the first day of the 14 meeting in Polony the calling to a real compliment and compromise with the Kyoto Protocol was made. Because the last climate data are really bad. Our future is going to the bathroom literally.
For investigation the last year US. gave a donation to the municipality of Cuenca (my country) 20.000 us dollars when the analysis investment was at least 100.000 without the costs to allocate the project, and for receive this, the project had to be sell in a real down low price (3-4 euros/ton-CO2).
And if you read a contract for emission reduction from a bank, then do not have anything to do about environment, is only debt and interest rate.
Then sometimes it looks like a cruel joke from the Joker.
Our efforts or at least my effort is to reduce as much greenhouses as we can. At the end the core of the UNFCCC and the IPCC is made for people that do not think in money but in common welfare. And my hope is that more people will be involved for the right reasons and not for the changes in CERs price.
Mile
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Pollution Has Leveled Off, but the Figures Have Holes, Report Say Some commentaries about unfccc procedures
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