The brave, new green world of the carbon economy hasn’t exactly taken off as desired. Perhaps it’s because it wasn’t really planned from the outset, or maybe it is still too abstract for most people to accept, digest and incorporate into their daily lives. An emergent property of society’s generally slow awakening to the challenge of climate disruption, is that it will be a long time before we accept its full suite of incarnations.
The infant carbon economy is, however, well and truly alive and kicking, so it is important to try and plan for its growing influence on our decision making. Bumps in the road aside, the carbon economy has mostly been a blessing (actual and potential) for biodiversity conservation projects the world over.
In principle, the aim of the carbon economy is rather straight-forward: charge people a certain amount for each unit of carbon dioxide equivalents they release, and then use that money to develop approaches that further increase carbon sequestration or limit emissions. It’s a ‘build-it-and-they-will-come’ framework, where increasing financial impetus to restrict emissions is enhanced by society’s evolution towards better approaches and technology.
The operational side of the carbon economy is unfortunately much more muddled, with vested interests and political gaming weakening its implementation. Nonetheless, we persevere. Read the rest of this entry »