The major problem with any ETS is whether it is helping reduce emmissions or simply providing another avenue for corruption and greed

Comment by Sandy Gauntlett
The major problem with any ETS is whether it is helping reduce emmissions or simply providing another avenue for corruption and greed. We have already had reports of countries trying to double dip and for me the most worry part of all that is that no-one noticed (or did notice but were making money out of it themselves).
The other big debate is who gets the money. Unscrupulous countries will nationalise the forests so that they can make money from Redd and if they are really unscrupulous they will first of all strip the most valuable forests. Mosre subtle countries may well allow the money to go direc to communities (then they can blame the community directly if there are inaccuracies) The question with this is of course what does the direct ot indirect (VAT, GST) return to the Govt who at best has only been the negotiating (or capitulating) party.
Next major problem is the issue of land ownership and what this will do to indigenous communities in less subtle countries or in countries where the land rights (or indeed in some cases the existance of indigenous peoples) has often been ignored or under attack from the Govts helping negotiating these commitments.
Far from being headlines alone, these are genione concerns about the ethics and behaviour of countries who in some cases have already been caught in breach of more than one international agreement that they signed often as a PR measure.
Of course the big concern is whether it helps reduce emmissions or just simply provides a mechanism for the market to make profit out of fear and innuendo. And then ther eis the concern about whrether this doe sanything to stop unsustainable behaviour on the part of those who can simply throw money at the problem while claiming they were trying to help. (and in some cases they may be genuinely concerned enough and desperate enough to try measures that even they have doubts about.
What I want to know is how is the market suddenly going to ensure that everyone has an attack of conscience and ethics. I remember hearing the EU parliamentry members talking about being able to ensure an ethical and problem free market which given that they cannot always control the ethics of members in the parliament, raises the question of how they intend to control the behaviour of people over who they have even less direct control. Do we really need to list the scandals that have beset our parliaments over the last few yerars for us to remember that these people cant even control themselves in many cases.

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