We all understand this carbon trading scheme, don't we. We know about the salable certificates. It is so simple. If I don't use my allowance of carbon, then I can sell what is left over to you so that you can use more. We are both happy.
If you can't afford to pay me but you need more carbon allowance, tough titties. That is the market at work.
But if you are a large multinational company who supplies our energy, don't worry, the government, meaning us, will pay your bills.
Actually, I don't understand carbon trading at all. I don't understand emissions trading. I don't understand carbon sequestration. I don't understand how if a farmer does not plough his field and keeps the carbon in, he gets an extra allowance and can sell it.
I am of perhaps medium level intelligence and I have read and seen a lot about the whole biz. Still, I don't understand it. I can only suspect this might be the intention.
Is it too simple to use the technology that is readily available to reduce carbon emissions?
The only thing that made sense to me recently was a thousand or so square kilometres of solar panels in our deserts that could produce enough power for all of Australia.