Lead author of oct 2018 IPCC report says it's time to panic

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That's going to happen anyways as a result of 21st century technology.

It's generally handled at the national level, though currently it's handled at the state level as California and a few other states and Canadian provinces do have cap and trade for carbon as part of an interstate compact (the Western Climate Initiative). There are other interstate compacts dealing with it, as well, such as the Regional Greenhouse Gas Initiative.

Would China, Russia and India participate in purchasing the certificates?

The idea is that they would sell their own certificates, from the maximum annual emissions allotted to them under an international agreement. The trade of certificates would take place on a country-by-country basis.

I hope this answers your question.

What they need to do is match their pace with the US in implementing 21st century technology.

Climate change is an externality--that is, a cost not fully borne by the emitters of carbon--so the invisible hand of the market will not self-correct for it on its own. Directed policy is necessary for the market to transition to zero emissions technologies and that is the purpose, for example, of Obama's initiative to study alternative energy; cap and trade is another way of doing it.

In addition, we are still subsidizing fossil fuels, which is the completely wrong way to go about this:

https://www.reuters.com/article/us-glob ... SKCN1SY1XT

Seems to me the goal is the establishment of a global economic system where a central government has full control over all resources and means of production.

[mod]

This is News and Current Events, not PPR. Please avoid accusations of bad-faith against other users. This is not the place for mudslinging. Talk about the news story rather than ascribing sinister motives to the people who raise it.

The problem is with those misusing News and Current Events to promote their political views. There have been oodles of threads in this sub-form that did not belong here and should have been posted to PPR or moved to PPR.

As the US presidential election draws closer, more and more politically motivated threads will be posted here which are going to inevitably create the PPR effect.

I would suggest that the mod team discourage OPs form using News and Current Events as a PPR type platform.

There is a fine line with certain topics that on their own seem to be appropriate for the news and current events section. This original post is a case in point. I do agree with Ezra though that when a newsworthy topics evolves or devolves into bringing politics into the discussions, that's potentially using the news section to advance political agendas. The following are not direct quotes but are loose examples to illustrate:

'Here's a current article on climate change.' - Newsworthy.

'Here's a current article on climate change, and we'd all be better off only if the current administration would get their act together.' - PPR

I think in some cases the OP did not intend for their thread to turn into a PPR style debate. But I think when that happens it is inevitable the thread is going to continue going down that road. So I think such threads should be moved to PPR if the mod team and others don't want threads like that in News and Current Events.

A lot of the threads that do end up being PPR style are ones that are basically bashing a politician and or political party. It's either the news article itself that's doing the bashing, or the OP's added comments that are doing the bashing, or it's a combination of both.

I'm not asking for anyone to be suppressed form expressing their political views / agenda. Just that they are expressed in PPR or moved to PPR.

I don't want to get into trouble for posting in a News and Current Events thread that's gone PPR, when such thread either should have been posted to PPR or moved to PPR.

"Sit tight and wait for the nerds to come up with something" is a very, very bad policy idea.

Sorry...what's PPR?

god's human experiment is an abject failure, and satan laughs.

So PPR is pathetic people research?

You must be new to Wrong Planet.

viewforum.php?f=20

^ it's where you should take your politicking.