14:52:00
Carbon Trade – Is it the
solution to
Climate Change?
Plants, the producers of oxygen, are also responsible
for the consumption of carbon dioxide gas released from other living and
non-living things. Living things like animals and human beings release carbon
dioxide gas during breathing process whereas non-living things like wood,
plastic, metals etc. release carbon during burning as its final byproduct to
the environment.
The increasing urbanization has led to excess release of
carbon to the environment which causes not only the ill health of living
creatures but also the climate
change in the environment. Mainly, the excessive release of carbon
by the developed and industrialized country affects the developing countries
which don’t have any contribution towards carbon release in the environment.
Hence, the developed countries let the developing countries to promote the
programs related to the release of low quantity of carbon to the environment
and got the right of equivalent release of carbon. So, carbon trade is related
to the purchase and sale of carbon between the developed and developing
countries.
The concept of carbon trade was developed from the
World Conference on Climate Change held on Kyoto, Japan in 1997, popularly
known as Kyoto Protocol. That conference had passed the treaty to reduce the
carbon level up to 5.2% by all the industrialized country from 2008 to 2012.
In
case of failure, the conference had made the provision to purchase the
equivalent amount of credit from the world market, which was named as Clean
Development Mechanism (CDM). From this treaty, the excess carbon producing
countries is liable to pay to environment friendly countries which produce very
low quantity of carbon and promote the programs related to conservation of
environment, which is called as carbon trade.
The main objective of carbon trade is to encourage the
developing countries in reduction of the release of green house gas and to
pressurize the developed countries to take responsibility for the excess
release of carbon to the environment. In order to reduce the emission of
harmful gases, the developing and underdeveloped countries organize the program
REDD (Reducing Emission through Deforestation and Degradation) in order to
commence the carbon trade and to reduce the emission of harmful gases to the
environment. Through carbon trade, the developed countries could release
optimum level of carbon to the environment with the increasing number of
industries as per the world’s demand. In other hand, the developing could able
to gain good sum of money via carbon trade that aids them to meet their fiscal
deficit.
Now the question is; is there no any responsibility of
the developed countries to protect the world against harmful gases like carbon
dioxide? Since the world is one and the environment is of all, isn’t everyone
responsible to keep it intact? Why should only developing countries be made to
reduce the emission of carbon? Is it justified that purchasing the carbon from
the world; the developed countries could avoid the responsibility to protect
the environment against harmful gases and make the world clean and free of air pollution?
Obviously not, all countries and every person who resides in this world should
take the responsibility to reduce the emission of carbon to the environment.
The growing technology should be developed environment friendly that could emit
less carbon and every country and people should organize the awareness program
to reduce the emission of carbon to the environment. Only then we and our
future generation could breathe the clean air.
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