Report Urges End to Current Climate Policies

Seems that some are already seeing the failure of cap and tax.  Why would we implement it here? 

The report is published by the London School of Economics’ (LSE) Mackinder Programme and the University of Oxford’s Institute for Science, Innovation & Society.

LSE Mackinder programme director Gwyn Prins said the current system of attempting to cap carbon emissions then allow trading in emissions permits had led to emissions continuing to rise.

He said world proposals to expand carbon trading schemes and channel billions of dollars into clean energy technologies would not work.

“The world has been recarbonising, not decarbonising,” Professor Prins said.

“The evidence is that the Kyoto Protocol and its underlying approach have had and are having no meaningful effect whatsoever.

“Worthwhile policy builds upon what we know works and upon what is feasible rather than trying to deploy never-before implemented policies through complex institutions requiring a hitherto unprecedented and never achieved degree of global political alignment.”