What is the difference between a cap and trade and offset system? How do you “trade” emissions? Think critically about this. What do you think are the potential problems with carbon markets? Why were carbon markets introduced? Why are they a bad idea gone wrong? Learn about how carbon markets increase climate pollution, serve big countries and corporations, and avoid climate commitments. If capitalism and free markets are what got us into this mess, how can we trust that they will get us out?

Using the main points in this week’s texts compose an essay which answers the following questions:

What is the difference between a cap and trade and offset system? How do you “trade” emissions? Think critically about this. What do you think are the potential problems with carbon markets? Why were carbon markets introduced? Why are they a bad idea gone wrong? Learn about how carbon markets increase climate pollution, serve big countries and corporations, and avoid climate commitments. If capitalism and free markets are what got us into this mess, how can we trust that they will get us out?

Your paper must meet the following requirements:

Your written paper should be 3-5 pages in length not counting the title and reference pages, which you must include.
Use terms, evidence, and concepts from class readings.
You need to cite at least 3-course sources for this assignment.

https://carbonmarketwatch.org/wp-content/uploads/2019/06/CMW-CARBON-MARKETS-101-THE-ULTIMATE-GUIDE-TO-MARKET-BASED-CLIMATE-MECHANISMS-WEB-FINAL-SINGLE-1.pdf

https://6d4e154a-2df1-4d40-ac27-352884fb5c4f.filesusr.com/ugd/729601_c7b2de3476e44cd18a04cdfdfad2af07.pdf

https://medium.com/the-nib/in-your-wildest-schemes-the-market-vs-climate-change-1b76763bd3d4

https://www.wired.com/story/big-business-burying-carbon-dioxide-capture-storage/

Environmental Groups Call Biden’s Carbon Bank Plan a ‘Scam’

Last Completed Projects