And we thought Carbon training was a fraud
Was that not our immediate reaction to Carbon trading - a trade in the right to emit Carbon Dioxide involving links to spurious rights to emit foregone elsewhere. So I pay someone else not to emit some Carbon dioxide they weren't going to emit anyway and by the way who is checking and how? In return for that I get the right to emit more Carbon Dioxide and no one has to think about simply reducing emissions. Its the magic of the market.
It is analogous to the recently reported Gershon savings through IT in government. There is scant basis for the claimed savings, Oh! fancy that, we hadn't noticed that the savings were manufactured by reference to implausible opportunity costs in the first place.