|A lot of people are going to be distressed when I say this, and tell me I have no right to say it – but honestly guys and gals, it’s time to tell the patently obvious truth : the United Nations process on Climate Change isn’t working.
Even if there is a way to construct a treaty with wording that all the country delegations can agree to (or at least not bitterly fight tooth and nail to their early graves), the basic premise of the United Nations Framework Convention on Climate Change is faulty.
|Those responsible for the production of fossil fuels should be made to accept responsibility for global warming pollution, and take on the mission of changing the way they make the energy they sell the world.
I’m not calling for environmental fines. Environmental fines don’t work. They don’t stop pollution, they don’t prevent polluting activities, and they don’t provide enough monetary resources to clean up pollution.
I’m not calling for carbon tax, or other forms of carbon pricing. Those responsible for selling polluting energy would never pay the full carbon price – they always delegate extra costs to their consumers.
Carbon pricing and carbon taxation can never provide an incentive for meaningful de-carbonisation of the energy supply that we need. Cap and Trade does not appear to have altered the course of any region’s energy infrastructure development. The price of carbon always remains too low to stimulate real change.