Corruption and crime already taking place in the carbon market
Opinion piece by Julie Bishop, Deputy Leader of the Opposition (Australia) 20th July 2011
Carbon offsets have already run out of credit
“…..It is alarming that the Prime Minister has given no indication that she is aware or has any understanding of the recent history of the operations of international carbon credit markets.
Just six weeks ago, the World Bank reported that the international market in carbon credits has suffered a debilitating collapse and expressed doubt about the ongoing viability of global markets.