David Victor Quoted in The New York Times
A Carbon Trading System Draws Environmental Skeptics
10/12/2010
Patricia Brett,
The New York Times
Carbon credit trading has long been decried by some climate change experts as an ineffective way to combat global warming, compared with imposing regulatory limits on polluting greenhouse gas emissions.
But after more than a decade of negotiations, the Kyoto Protocol established a carbon emission credit system, in 2006, overseen by the United Nations. Known as the Clean Development Mechanism, or C.D.M., it allows companies in industrialized countries to sponsor a greenhouse gas emissions-reducing project in a developing country. The sponsor picks up carbon credits while the host country obtains cash from the sale of carbon rights and access to pollution-free, innovative technology.
Read the full article.
Related Links
David Victor is Director of the Laboratory on International Law and Regulation (ILAR). Looking across a wide array of issues from environment and energy to human rights, trade and security, the Laboratory explores when (and why) international laws actually work.
Read David Victor's bio.
