| Eighty two percent of the world's energy is still produced by fossil fuels. There is still a long way to wean humanity off carbon, but carbon trading is a step forward. One of the greatest environmental threats that our planet faces today is the potential for changes in the Earth’s climate and temperature patterns known as global climate change.
Although fossil-fuel combustion has generated most of the buildup of climate-altering carbon dioxide (CO2) in the atmosphere, effective solutions require more than just designing cleaner energy sources. Equally important is the establishment of institutions and strategies, particularly markets, business regulations and government policies, which provide economies with incentives to apply innovative technologies and practices that reduce emissions of CO2 and other greenhouse gases...............................................Full Article: Source |