Emissions trading (predominantly carbon credits trading) is a form of permit trading between companies, groups and countries that enables them to meet emissions limits, such as those documented within the Kyoto Protocol. The central aim of the Kyoto Protocol is to safeguard energy reserves and environments for future generations. The idea of emissions restrictions being that lower emissions will help reduce environmental damages and depletion of resources.
Much of the carbon trading industry focuses around richer nations buying carbon credits from poorer nations. This has achieved a certain level of criticism across the board; however, environmental energy consultants and green NGO’s are generally in support of carbon trading since the global emissions output limit remains unchanged. The ethical question lies in whether the measure is still successful since richer countries can buy credits to keep their emissions relatively high.
Despite extensive research and testing into alternative fuels (biomass, solar power, wind power etc) a competitive alternative to fossil fuels remains somewhat of a dream. Domestically, energy consultants sing the praises of biomass water heaters, solar powered eco homes and so on; however, the practical application of these models in terms of the cheapest electricity provisions is currently unrealistic. Ethical energy consultants often offer carbon management schemes (like our Carbon Reduction Commitment – CRC) and incentives to help business grow ethically and reduce carbon emissions.
A key issue of climate change policy is that no one body seems eager to foot the bills. Should it be government funded? The energy companies? Environmental organisations? Such issues are continually being discussed, and we make sure we’re completely up to date on the most current and relevant developments.
Tags: Cheapest Electricity, electricity, energy consultants, energy reserves