Friday, May 30, 2008

Canada's First Climate Exchange Now in Business

Check this out. Today is the opening day of the Montreal Climate Exchange, which allows companies to buy and sell carbon credits.
It'd be nice if the government would actually set emission caps to make this more effective, but kudos to these guys for not waiting for Harper et al to actually do something, and making it happen themselves. If nothing else, it's a start, and might have some impact to at least push action on climate change forward.
A scary quote from the article above:

Since 1990, Canada's emissions have risen faster than all of the other Group of Eight industrialized nations -- the United States, Japan, Russia, Germany, France, Britain and Italy.

1 comment:

- K said...

I've heard that last fact that you mentioned before. It's worrying how our actions on the world stage seem to be falling short of our international reputation (on the environment and other matters). I think this'll come back to hurt us.