It’s rather surprising that in a nation that prides itself on being based on a free market economy, there is not a national model for accurate pricing of CO2 emissions, which would roll some of the externalities of doing business, such as the release of greenhouse gases, into the cost of doing business. When taken …
Free Market Economies Require an Accurate Price for CO2 Emissions Read More »
A new environmental bank, BANCO2, opened in Costa Rica this week: Costa Rica expects to sell 16 million tonnes of carbon credits over eight years on its new carbon exchange, Latin America’s first, a venue that allows polluters to offset their emissions with permits they can buy. Launched last month, the exchange provides a forum …
Costa Rica Opens First Carbon Market in Latin America Read More »
Gazing into the future of a carbon market, two things seem certain: a fundamental change to the economy and sweeping land reforms. There are two well known and highly charged sayings about land: —–agriculture is the foundation of economic growth —–all land use is inherently political The fast approaching world of a carbon market could …
How Will A Carbon Market Drive Economic Land Reform? Read More »
As the largest consumer and small business bank, BofA (NYSE: BAC) can have a major positive or negative impact on the environment. Since March, 2007, the bank has taken on a $20 billion initiative to “encourage environmentally friendly business activity” over the next decade. Applauded by some and criticized by others, just how green is …